Category Archives: Gold Digger

Gold Went On A Ride

Posted on June 7, 2024 by Andy G

Gold prices experienced significant fluctuations, dropping to the 2200s before recovering slightly. The Gold Digger bot exited trades just in time, while others in the community were slower to react. After hitting a low of 2319.79, all trades closed, resulting in a profit of $200. The Precision bot, with 40 open trades, faces a drawdown of over $7,000, waiting for a price of 2056 to close its trades. Continue reading →

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Gold Digger – May 2024

Posted on June 6, 2024 by Andy G

In May, Gold Digger outperformed The Fed bot, contributing 54.09% to the total profit. The shared account allows for benefits based on account size, and users have control over bot settings. While the monthly service fees are a concern, they accounted for just over 4% of the monthly profits, making the dual bot approach appealing. Continue reading →

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May 2024 Bot Wrap Up

Posted on June 3, 2024 by Andy G

This month brought both good and unexpected developments. The leverage change from OX was a negative surprise affecting decisions for FED/Gold-Digger bots. On the positive side, monthly profit exceeded expectations, with gold likely contributing over 20%. It’s crucial to adhere to recommended lot sizes to avoid unpleasant surprises. Despite challenges, all bots performed well, with potential for new leaders next month. Continue reading →

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More Margin Mayhem

Posted on May 29, 2024 by Andy G

The margin changes at OX Securities affected me modestly compared to others, thanks to prior caution regarding leverage adjustments. Those with large accounts faced severe squeezes, prompting discussions about finding alternative brokers. As a US resident, limited options exist for algo trading. Monitoring suggestions and staying adaptable are key for successful bot farming in this evolving landscape. Continue reading →

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Woe Is Gold

Posted on May 25, 2024 by Andy G

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 →

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Gold Digger

Posted on May 23, 2024 by Andy G

When I first start using the Gold Digger bot back in January of 2024. I gave it its own account. It was the only bot who had access to the money in the account. I was pleased with the results. … Continue reading →

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The Fed

Posted on May 23, 2024 by Andy G

The Fed is not duplicating its 2023, but its returns are still very good. It is not as new as Dalio, so it has a history to show how it will handle a variety of real world scenarios. It isn’t … Continue reading →

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I Like These Gains

Posted on May 22, 2024 by Andy G

The Pro FX algo-trading bot has shown impressive performance this month, generating $4,474.59 from an initial $20,000. The absence of monthly software fees and the bot’s ability to cover its own purchase costs in just one month are particularly appealing. Despite some account chaos, it has potential for significant gains in the future. Continue reading →

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My Morning Bot Routine

Posted on May 15, 2024 by Andy G

Every morning, I monitor the performance of various trading bots. Today, there were surprises: Fed/Gold Digger and EFX Octane had unexpected outcomes. Precision yielded $97, Pro FX made $1100, but Aviator 2 and DRG Demo Strategy faced significant losses and drawdowns. As a bot farmer, I monitor them throughout the day, striving for balanced investments. Continue reading →

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Algo Bot Brokers 101

Posted on May 10, 2024 by Andy G

The writer shares their experiences with international brokers, highlighting the need for high leverage for algo trading bots. OX Securities is recommended as a welcoming international broker for US citizens. Details on depositing and withdrawing money, limitations on FX accounts, and preference for separate withdrawal accounts are also provided, offering practical insights and tips for success. Continue reading →

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