Tag Archives: algo-trading

Riding the Forex Waves: My Octane Bot and the GBPUSD Tangle

Posted on March 5, 2025 by Andy G

I’m not a Forex trader. Let’s get that out of the way right now. My role in this game is more like a curious observer, watching what my Octane algo bot is up to with its trades. Lately, though, I’ve … Continue reading →

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FIFO: The Trading Rule That Makes You Go “Wait, What?”

Posted on February 28, 2025 by Archer Ignatius

Ah, FIFO—short for “First In, First Out.” It’s a rule from the National Futures Association (NFA) that sounds harmless but has traders groaning louder than a trader who just missed a winning trade. If you’re trading forex in the US, … Continue reading →

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What Does 1:50 Leverage Really Mean?

Posted on February 26, 2025 by Archer Ignatius

Leverage in trading allows investors to control larger positions by borrowing funds from brokers, amplifying both potential profits and risks. In the US, leverage is capped at 1:50 for major currency pairs due to strict regulations. Factors affecting leverage include asset type, account type, market conditions, and broker policies. Continue reading →

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AI and Machine Learning in Trading: Smarter, Faster, and (Hopefully) Richer

Posted on February 24, 2025 by Archer Ignatius

Artificial Intelligence (AI) and Machine Learning (ML) have crashed the trading party, and they’re not just sipping cocktails in the corner—they’re shaking things up on the dance floor. These technologies have brought a whole new level of sophistication to algorithmic … Continue reading →

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Vacation Time: Testing the “Passive” in Passive Investments

Posted on February 21, 2025 by Andy G

Vacation season is upon me! Next week, I’ll be packing my bags, turning on my out-of-office reply, and testing just how passive my “passive” investment portfolio really is. Spoiler alert: last year didn’t go so well. Here’s hoping for better … Continue reading →

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Reflections on the Odyssey Bot and Algo Trading

Posted on February 18, 2025 by Andy G

The writer reflects on their mixed feelings about the Odyssey trading bot, initially expecting better outcomes. In discussions with an investor about algorithmic trading bots, they recommend EFX’s Octane bot due to US compliance. The author highlights trading limitations and differences between brokers, expressing confidence in EFX over NURP despite unresolved trust issues. Continue reading →

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How AI and Machine Learning Affect the Profit Potential of Algorithmic Trading

Posted on February 18, 2025 by Andy G

Integrating Artificial Intelligence (AI) and Machine Learning (ML) in algorithmic trading has significantly influenced its profit potential. These technologies enhance trading strategies, improve decision-making, and adapt to dynamic market conditions in ways traditional algorithms cannot. Below are the key ways … Continue reading →

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Impacts of FIFO (First In, First Out) for US-Based Brokers

Posted on February 18, 2025 by Andy G

FIFO, or First In, First Out, is a rule imposed by the National Futures Association (NFA) for US-based brokers. It requires that traders close their oldest (first opened) positions in a given currency pair before closing newer ones when multiple … Continue reading →

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How Does US Broker Leverage Work?

Posted on February 18, 2025 by Andy G

My friend helped pull this together… What Does 1:50 Leverage Mean? When a US broker says their leverage is 1:50, it means that for every $1 of your own capital, you can control up to $50 worth of trading positions. … Continue reading →

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Odyssey

Posted on February 14, 2025 by Andy G

With some reluctance, I am again using a NURP bot. Seeing a US-brokered account managed by a bot was too tempting. There are other bots out there doing the same thing. (If the purchase price for the EFX bot were … Continue reading →

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