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Category Archives: Precision
Solo Bot Math
The Pro FX bot, part of a 3-bot purchase, may not yield double-digit gains monthly but is reliable. With an initial deposit of $20,000, assuming a 1.9% monthly return, a Forex calculator shows potential earnings exceeding 25% annually. While not foolproof, it’s a thought-provoking reminder of the bots’ potential over 12 months. Continue reading
Posted in algorithmic trading, Gold Digger, Passive Income, Precision, Pro FX
Tagged algo-trading, forex-trading, Pro-FX
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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 algo-trading, Aviator, Gold Digger, Octane, Precision, Pro FX, The Fed
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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 algo-trading, forex-trading, Gold Digger, Precision
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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 forex-trading, 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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Precision Redeeming Itself
The Precision bot faced challenges due to aggressive settings, resulting in decreased profitability. Despite this, it showed potential for improvement, with a gradual upward trend. The user acknowledged responsibility for the setback and mentioned a potential price increase for the bot. Overall, the bot’s performance and future prospects were evaluated, signaling a positive outlook. Continue reading
Posted in algorithmic trading, Gold, Precision
Tagged algo-trading, forex-trading, 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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A Cautionary Tale
The writer initially expressed enthusiasm for a trading bot but later regretted making aggressive adjustments that led to losses. They acknowledged the need to align risk with their age and experienced a significant setback. Despite minor relief that the loss occurred in an account with a small balance, it still eroded recent gains and dipped into the principal amount. Continue reading
Posted in algorithmic trading, Precision, Risk
Tagged algo-trading, forex-trading, scalping, trading
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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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