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Category Archives: Passive Income
Post-Cruise Reality Check: Hopes vs. Outcomes
The author reflects on their disappointing post-cruise portfolio performance, with only one investment thriving while others struggled. Crypto remains challenging, with advice indicating tougher times ahead. A notable gain from one bot is overshadowed by losses elsewhere. Seeking new strategies, the author remains hopeful for a financial turnaround in 2025. Continue reading
Posted in Crypto, cryptocurrency, Liquidity Pools, Passive Income
Tagged crypto, cryptocurrency, investing
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Gold…What An Opportunity
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
Posted in algorithmic trading, Gold, Martingale, Passive Income, The Fed
Tagged algo-trading, forex-trading, gold algo-trading bots, investing
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More From My Passive Income Past
The author reflects on their past dropshipping experience, highlighting the challenges faced, such as customer communication, order verification, and shipping logistics, which contradicted the notion of passive income. They managed multiple websites without modern tools like Shopify, indicating that dropshipping today offers greater potential for passivity compared to their earlier experience. Continue reading
SEO Websites As Passive Income
The author explores passive investment opportunities while cautious about contacting companies directly. They investigate ATN Unlimited’s program, which generates income by directing traffic to niche websites. Previous experiences with SEO led to initial success, but changes in Google’s algorithms diminished income, highlighting the need for adaptability in SEO strategies. Continue reading
Crypto As Predictable Income?
I had a meeting with a company this week that promotes crypto as a predictable, lower-risk, passive investment. I chose not to participate yet, but here are some of the things I liked and disliked about the company being represented: … Continue reading
Wrong Reason To Have Multiple Bots
The author started using NURP bots for forex trading to diversify their portfolio and create content for their blog. However, they realized that using multiple bots for the sake of excitement led to losses and shifting money around. Now, they trust the Octane bot the most, especially during challenging times. Continue reading
Posted in algorithmic trading, EFX, NURP, Octane, Passive Income
Tagged algo-trading, forex-trading, investing
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Accounting For My Losses
The author reflects on recent investment losses and the challenges of reconciling them in QuickBooks. Despite setbacks, they remain determined and see it as a learning experience. They express gratitude for support and vow to approach the future with a positive attitude and apply the wisdom gained. Continue reading
Posted in Balanced Portfolio, EFX, NURP, Octane, Passive Income
Tagged algo-trading, forex-trading, investing
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May 2024 Bot Wrap Up
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
Posted in algorithmic trading, Aviator, Balanced Portfolio, Dalio, drawdown, Gold Digger, NURP, Passive Income, The Fed
Tagged algo-trading, forex-trading, investing
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Trust Your Bot, Take 2
The writer expresses mixed feelings about trusting a trading bot, comparing its current performance with a previous bot. The bot has made multiple trades and aims for a specific profit. Despite the cautious optimism, the writer acknowledges the risks and potential drawdowns associated with this form of income generation. Continue reading
Posted in algorithmic trading, drawdown, Passive Income, Risk, The Fed
Tagged Algo trading bots, drawdown, forex-trading
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The Fed Makes Money Different Ways
Summary:
Since January 2024, the Fed bot has been a part of the team, showing consistent performance despite slower growth compared to last year. The inclusion of Gold Digger in the account had a significant impact. The bot’s trading on 23 pairs, along with tracking risk and holding time, contributes to a productive account with weekly results. Continue reading
Posted in algorithmic trading, Gold Digger, Passive Income, The Fed
Tagged FOREX, forex-trading, Gold Digger, The Fed
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