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Mt4-8426814 (By CWGT)
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Mt4-8426814 Discussion
Mar 22, 2020 at 14:27
Member Since May 09, 2011
1 posts
It is truly crazy times we are living in. I find it difficult to believe how much our life have changed in just 1 week. I have no doubt that a lot of how we work and life are changing for good and we have to find new ways of living.
I have spend most of my life designing, testing and implementing various forms of automated trading systems. These systems have had various success but I have always stuck to it and have spend and enormous amount of time on this pursuit. Deep inside I was motivated to to these extremes by a feeling that life is changing and I would like to provide for my family in a way that is location independent and does not require too much time.
Over the years I developed many trading bots and even more variations of each of these. If you have ever embarked on this you will appreciate that building a bot is one thing but testing this in the live market takes a fair bit of time. During 2019 I started to realize that I was reaching a level of trading and returns that makes sense.
On 7 January 2020 I created a demo account and loaded my bot top start trading. For the first couple of weeks I had to get used to the trading characteristic of the bot and also the realization that in certain sideways markets I had to do some manual "balancing" of the account. The account started to settle quite quickly and was achieving my average return of .25% per day.
Then COVID-2019 started and with the massive turmoil in the market my trading went off the scale. On the one side this was very exciting on the other quite concerning with concerns of what will be left of economies once this virus dies out.
I am however left at the point where I should consider the future of trading and activating this bot in a real account. Not having too much capital one of the obvious ares I am looking into is the creation of a PAMM account.
I will really appreciate some feedback on the account performance and some input on PAMM accounts if possible.
I have spend most of my life designing, testing and implementing various forms of automated trading systems. These systems have had various success but I have always stuck to it and have spend and enormous amount of time on this pursuit. Deep inside I was motivated to to these extremes by a feeling that life is changing and I would like to provide for my family in a way that is location independent and does not require too much time.
Over the years I developed many trading bots and even more variations of each of these. If you have ever embarked on this you will appreciate that building a bot is one thing but testing this in the live market takes a fair bit of time. During 2019 I started to realize that I was reaching a level of trading and returns that makes sense.
On 7 January 2020 I created a demo account and loaded my bot top start trading. For the first couple of weeks I had to get used to the trading characteristic of the bot and also the realization that in certain sideways markets I had to do some manual "balancing" of the account. The account started to settle quite quickly and was achieving my average return of .25% per day.
Then COVID-2019 started and with the massive turmoil in the market my trading went off the scale. On the one side this was very exciting on the other quite concerning with concerns of what will be left of economies once this virus dies out.
I am however left at the point where I should consider the future of trading and activating this bot in a real account. Not having too much capital one of the obvious ares I am looking into is the creation of a PAMM account.
I will really appreciate some feedback on the account performance and some input on PAMM accounts if possible.
Machine assisted decision making
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