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Category Archives: scalping
Woe Is Gold
The two gold trading bots, Gold Digger and Precision, had different outcomes today. Gold Digger closed 6 trades within 16 hours, making over $600 profit, while Precision tried to profit from a drop in gold but couldn’t close trades before the end of its “work hours.” Having separate strategies with multiple bots minimizes risk in gold trading. Continue reading
Posted in algorithmic trading, Gold Digger, Precision, scalping
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Runaway Gold – The Scalper
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
Posted in algorithmic trading, Gold, Gold Digger, Precision, scalping
Tagged gold algo-trading bots, Gold Digger, Precision
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Someone Is Buying The Precision
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
Posted in algorithmic trading, Investment Goals, Precision, scalping
Tagged Algo trading bots, gold algo-trading bots
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Hopping Back On The Tractor After A Spill
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
Posted in algorithmic trading, Gold, Precision, scalping
Tagged algo-trading, forex-trading, gold algo-trading bots
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The Scalper Gets Scalped
The Precision bot, initially successful in scalping, experienced a setback with significant losses due to a steep drop in Gold value. The user, while taking a more cautious approach, plans to resume bot trading. Learning from the experience, they aim to build their account more conservatively. Continue reading
Posted in algorithmic trading, Precision, scalping
Tagged forex-trading, fx-trading, scalping
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