Tag Archives: Precision

Precision

The Precision is a gold scalping bot. It takes lots of little trades. Once I understood this strategy, it worked very well for me. I only had to learn the lesson about getting greedy with large lot sizes once. I … Continue reading →

Posted in algorithmic trading, Precision, University of Options | Tagged , , , | Comments Off on Precision

Shuffling Some Funds

The writer experienced losses in their Precision gold-scalping and Octane accounts last month. Although Precision has been performing well, the Octane bot remains inactive. To maximize returns, the writer transferred funds from the Octane account to Precision and adjusted the lot size. They also transferred money from Precision to Aviator to manage risk. Continue reading →

Posted in algorithmic trading, Aviator, Investment Goals, Octane, Precision | Tagged , , , , , | Leave a comment

Precision Bot Math

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 →

Posted in algorithmic trading, Gold, Passive Income, Precision | Tagged , , | Leave a comment

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 , , | Leave a comment

May 2024 – State Of The Bots

The author experienced a mix of success and setbacks in their trading activities over the past four months. Despite losing a significant amount with EFX Octane and facing challenges with other bots, they remain optimistic. Their goal is to cover the cost of the bots with their earnings and to refrain from making any major changes in May. Continue reading →

Posted in algorithmic trading, Aviator, EFX, Gold Digger, Investment Goals, Octane, Precision, Pro FX, The Fed | Tagged , , , , , , | Leave a comment

We Have Gold Right Where We Want It

Both the Gold Digger and Precision bots navigated challenges differently. Gold Digger recovered from losses with a new trade, preventing drawdown. Precision bot, however, remains active due to open trades. Despite volatility, both bots are handling market challenges well, proving trust and cautious lot sizes are key to their success. Continue reading →

Posted in algorithmic trading, drawdown, Gold, Gold Digger, Precision, Volatility | Tagged , , , | Leave a comment

Gold Through A Bot’s Eyes

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 →

Posted in algorithmic trading, drawdown, Gold, Gold Digger, Precision | Tagged , , , | Leave a comment