|
The R2D2 - The Automated Trading Service
So this trading was done for me, I don't touch it at all, I just monitor it by keeping a check on my margin Level % and my drawdown to ensure my account remain healthy and active. Learning more about the MT4 app and understanding the parameters of a healthy account help alot. Automation trading has been a great way for me to get stuck into trading and learn about it as well as make good use of my capital too. I do believe that if I had started trading all on my own I would have been one of the many statistics that show people lose money in trading. Let see what June brings -as that is officially my 18 month anniversary of trading. I'm also really getting into doing my own trading too, which is very exciting. Through June I'm using the training from iX Global as well as my own research work and doing my own analysis and trades. Exciting times ahead!
0 Comments
The R2D2 - The Automated Trading Service April 2021 my money earned $227.09 Account % growth for this month: 6.17% Overall profit made since I started sharing my journey in August 2020: $994.86 or 26.2%. Since August this averages out to be about 3.25% per month This month I withdrew US$420 from this account and added it to my gold account. This additional capital allowed me to raise my LOT size in my gold account. These are my own results and opinions. Returns are not guaranteed and any capital is at your own risk.re to edit. With the effects of the US Stimulus packages and more money in the US economy we did see the weakening of the USD on a fundamental level. We saw the USD price start the month of April around at US$1.17 and end the month at a high of US$1.21. It was quite a consistent uptrend for the month of April. Our automation saw a number of sell trades in play which reflected the general sentiment of retail traders who also were 'net short' with their set up's too. With the start of May again the general retail trading sentiment is 'net short' and from a technical prospective the price action shows a small price fall or a strengthening of the USD. From a technical prospective I think its looking for a new demand zone for the pair, which at this point is around $1.20 which could see the price start a new uptrend. However, we must remain reactive and if the price falls below $1.20 and doesn't confirm a $1.20 price then we will be looking for a new demand zone around $1.1950. But lets see. Though this service is all automated I do look for the chart patterns and price action myself to help me understand why trades are set and what the automation and professional traders are planning. Strategy and being reactive are keys to ensuring we trade with the trend and profit well from trades set.
The R2D2 - The Automated Trading Service
This month I withdrew US$300 from this account and added it to my gold account. It will be interesting to see how the markets fair in April 2021. The US stimulus package will surely have an effect on the US$ Dollar. I'll be following the market this month as overall this could mean April is a slow month for returns. But lets see. Our goal is always to be reactive and not predictive. These are my own results and opinions. Returns are not guaranteed and any capital is at your own risk.re to edit.
The R2D2 - The Automated Trading Service
These are my own results and opinions. Returns are not guaranteed and any capital is at your own risk.
Going forward I'm just going to report my results monthly. So February results will be announced early March.
As this is a long term activity for me watching it weekly isn't ideally what I want to do. I prefer to see the bigger picture on a monthly timeframe. So that is what I'm going to do. |
AuthorSince August 2020 I have been sharing my results of the automation service to show you how it can be a useful tool to help you make your money grow. Archives
June 2021
Categories
All
|
RSS Feed
NOT FINANCIAL ADVICE: The Information on this website is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, for any particular purpose. The Information contained in or provided in the videos on this website are not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.
RISK STATEMENT: The DEBTBOX Nodes, or any alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Anyone wishing to invest should seek his or her own independent financial or professional advice.
You understand that you are using any and all Information available on or through this website at your own risk.
DISCLAIMER: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this website and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this website or email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website is AS IS and we make no claims nor warranties.
RISK STATEMENT: The DEBTBOX Nodes, or any alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Anyone wishing to invest should seek his or her own independent financial or professional advice.
You understand that you are using any and all Information available on or through this website at your own risk.
DISCLAIMER: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this website and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this website or email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website is AS IS and we make no claims nor warranties.