Category Archives: Gold Digger

Practicing What I Preached

Posted on July 24, 2024 by Andy G

The writer faced a stressful morning as their bot’s margin level fluctuated wildly, reaching 422%. They took quick action to turn off auto-trading and handle a household issue. Despite receiving numerous email alerts, they remained focused on preserving their capital and making careful trading decisions. They aim to update on their trades’ outcomes soon. Continue reading →

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The Gold Quandary

Posted on July 20, 2024 by Andy G

Gold Digger trading bot experiences volatility and caution. The bot was turned off intermittently due to Gold’s aggressive climbs, past volatility, and The Fed’s drawdown. Currently, it is back on with 0.6 lot sizes for smoother trades and less account disruption. Balancing risk is crucial for potential gains without compromising peace of mind. Continue reading →

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Another One Bites The Dust

Posted on July 11, 2024 by Andy G

The “Solo Bot of The Year” has been retired due to a significant increase in gold prices that the Precision bot couldn’t keep up with, resulting in losses. Despite setbacks, the bot adventure continues for long-term gains, with lessons learned and a focus on future financial stability. Remaining funds have been redistributed to more successful bot strategies. Continue reading →

Posted in algorithmic trading, Aviator, Gold, Gold Digger, NURP, Precision, University of Options | Tagged , , | Leave a comment

June 2024 Bot Wrapup

Posted on July 7, 2024 by Andy G

During vacation, bots faced hiccups but rebounded. Despite losses, a $10,000 profit was achieved. Gold Digger halted due to gold volatility. Precision and Aviator saw losses. Pro tightened lot sizes, while Dalio showed higher drawdown. Funds were shifted to Dalio and Turbo to avoid margin issues. Retirement is considered for some bots. Continue reading →

Posted in algorithmic trading, Aviator, Dalio, EFX, Gold Digger, NURP, Octane, Precision, Pro FX, Stable, The Fed, Turbo Trend, University of Options | Tagged , , | Leave a comment

Thank Midas For Gold

Posted on June 22, 2024 by Andy G

In May, gold played a significant role in generating income, with Gold Digger contributing $7,641.19 and Precision adding $2,854.00. While Gold Digger requires a larger initial investment and monthly fees, Precision involves a one-time fee without additional monthly costs. However, the unpredictability of forex trading may affect future earnings. Continue reading →

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The Fed Is On Their List

Posted on June 19, 2024 by Andy G

As I prepare for vacation, I’ve been considering risk management for my accounts. My Fed account operates at 1:200 leverage, higher than my other accounts. Concerned about potential volatility and risk, I inquired about raising the leverage with Ox Securities, who explained the implications and limitations, leaving me with much to ponder during my vacation. Continue reading →

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Gold Shy

Posted on June 13, 2024 by Andy G

After a significant gold drop, the writer adjusted bot trading strategies to rebuild trust in the gold market. For Gold Digger, lot sizes were lowered according to account size. Precision bot’s lot size was reduced to minimize risk, especially after a steep gold drop. Despite caution, the writer plans to let the bots trade during an upcoming vacation. Continue reading →

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June 2024 – Not A Good Algo Trading Month

Posted on June 10, 2024 by Andy G

The term “Black Swan” surfaced in relation to gold today as rumors spread about China halting gold purchases. Despite the discretion of my gold trading bots, losses were incurred. Monitoring bot suppliers’ recommendations is crucial. Trading single pairs carries higher risk, emphasizing the need for consistency and long-term thinking. The recent setbacks serve as valuable learning experiences for future decisions. Continue reading →

Posted in algorithmic trading, Aviator, Gold, Gold Digger, NURP, Precision, The Fed, University of Options | Tagged , , | Leave a comment

Gold – Proceed With Caution

Posted on June 10, 2024 by Andy G

The NURP community warns gold traders and bot users of potential partial recovery and subsequent pullback. The Precision bot is set to trade gold with cautious optimism, while adjustments are made to reduce risk with the Gold Digger bot. Trade decisions are guided by trust in the bots and strategic tweaks. Continue reading →

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Full Bot Picture – May 2024

Posted on June 7, 2024 by Andy G

The author discusses their May income, highlighting their earnings, expenses, and income before taxes, along with the performance of different accounts. They mention the potential impact of taxes and express uncertainty about future earnings. The sudden loss in June leads them to believe that May’s success won’t be replicated. Continue reading →

Posted in algorithmic trading, Aviator, Balanced Portfolio, Dalio, Diversification, Gold Digger, The Fed, VPS | Tagged , , | Leave a comment