In the green corner we have BREAD (Basic Robot Earning All Day) with consistent earnings of approximately 1.2% per day. In the other green corner we have the relatively new ARTFAB (A Rising Tide Floats All Boats) with very promising early results. Already today ARTFAB has locked in over 3.0% returns.
Wait, before you change the channel, neither of these robots is for sale and I do not want to manage your money. Relax, it's safe here.
In a macro sense BREAD and ARTFAB work using very different concepts. BREAD attempts to time the market and move money in and out during cyclical movements. This allows a small amount of risk to be taken, hopefully profited from, and then put back to work during another apparent down cycle.
ARTFAB, on the other hand, doesn't care about cycles when opening positions. It accumulates small positions and releases them when larger price moves have made them significantly profitable. However, cycles are examined with respect to determining when it may be a good time to close a position.
Both of these strategies appear to be working reasonably well. I'm hoping that ARTFAB will prove to consistently earn more than BREAD, such that I am enticed to move capital from one robot sub-account to the other. However, I have to keep in mind that BREAD functions best during a consolidation while ARTFAB's best earnings occur during a market move.
Of course, as I trade the AUDJPY currency pair almost exclusively both of these robots are trading it. As I have mentioned from time to time my trading account is with Oanda (which let's me scale trade sizes down to the unit level) and I'm using the FxSpyder platform to create and run robots. I prefer Oanda's platform for discretionary trading.
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