Thursday, August 20, 2009

Robot Trading

I'm finally trading my own proprietary forex robot.

The best part is that I have the sound of money chiming on my computer at work every time I have a position closed due to reaching it's take profit price.

Anyway, no, I have no other hype to push.

What I do have is the power of the robot mind to watch the market 24 hours a day. What do I mean? I mean that as long as my computer stays on and connected I have a trading system that has no emotion, does not tire, and never misses a single moment of opportunity.

It's late... I'll post again in the next few days and provide more details.

3 comments:

Hugh said...

My results have been decent so far. But it is summer time. Hopefully it picks up.

Anonymous said...

What kind of conditions?

Rookie said...

Hugh,

I hear you on the low volume of summer...


Anon,

It's trading on a short time frame with relative small positions and fairly high frequency.

Trailing stops allow a decent return on a position, but in order to keep risk low it often accepts small levels of profit on a position.