Tag Archives: gold algo-trading bots

Gold…What An Opportunity

Posted on October 23, 2024 by Andy G

After experiencing failures with two gold trading bots, the author reflects on missed opportunities as gold surged over 400 points this year. The volatility complicates automated trading strategies, leading to losses despite the potential for gains. The writer expresses a desire for consistent results rather than risky high-stakes trades. Continue reading →

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Precision Bot Math

Posted on May 8, 2024 by Andy G

The Precision bot consistently gains after a major drop, with the best day earning $165 and the worst at $38.34. Assuming no monthly costs and a 3.78% monthly gain, the projected return on a $15,000 account over 12 months is a 56.09% effective rate, potentially paying off the bot in 7-8 months. Continue reading →

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Runaway Gold – The Scalper

Posted on May 6, 2024 by Andy G

The Gold Digger aims to earn 100 times the lot size, while the Precision bot’s strategy remains undisclosed. It engages in trades to grow the account size, with a target T/P price of $2308.93 for gold trades. The bot waits for a less volatile market before closing trades to meet its goal. Continue reading →

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Runaway Gold

Posted on May 6, 2024 by Andy G

The author experienced mixed feelings as their trading bot made quick gold trades but also signaled potential trouble. Following advice from a recent call, it was recommended to adjust settings for less volatility. Despite a negative turn, the bot’s creator remains optimistic, expecting trades to close by noon or new ones to open strategically. Continue reading →

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Gold Through A Bot’s Eyes

Posted on April 30, 2024 by Andy G

The post discusses the performance of two gold trading bots, Gold Digger (GD) and Precision. GD entered a trade but faced losses, while Precision operates with many trades and aims to exceed losses with winners’ proceeds. The author is cautiously optimistic about their profit margins, despite facing unexpected behavior from the bots. Continue reading →

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Someone Is Buying The Precision

Posted on April 29, 2024 by Andy G

The friend decided to use the Precision bot for income despite its recent crash. To support his choice, an updated income/expense chart was created, showing a $10,000 investment after bot costs. The bot’s average daily earnings of $78 to $165 could yield a 10% monthly profit, although larger lot sizes pose higher risks. With 20 trading days per month, success seems likely, but caution is advised. Continue reading →

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Precision Redeeming Itself

Posted on April 25, 2024 by Andy G

The Precision bot faced challenges due to aggressive settings, resulting in decreased profitability. Despite this, it showed potential for improvement, with a gradual upward trend. The user acknowledged responsibility for the setback and mentioned a potential price increase for the bot. Overall, the bot’s performance and future prospects were evaluated, signaling a positive outlook. Continue reading →

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The Odd Couple

Posted on April 24, 2024 by Andy G

Yes, I am still talking about algo bots. Two of my bots play very nicely together. If the setting are done correctly, they can produce very good results. These two bots “live” and “work” in the same brokerage account. How … Continue reading →

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Hopping Back On The Tractor After A Spill

Posted on April 23, 2024 by Andy G

As I continued to process the effects of the recent gold losses, I knew I had no choice but to get back on the tractor. When I logged into my VPS to check on my gold bot Monday morning, the … Continue reading →

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Mastering the Art of Scalping: How My Precision Gold Bot Makes Its Trades

Posted on April 20, 2024 by Andy G

The Precision bot’s success lies in its scalping strategy, profiting from small market movements with lightning speed and minimized risk. Algorithmic scalping offers unmatched benefits such as precision, minimized risk, 24/7 trading, and emotion-free execution. Interested traders can seek guidance on using scalping algorithms from University of Options for a successful trading experience. Continue reading →

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