Running Forex Robots during the Holidays

More and more people ask me, if I am going to run the forex robots during the holidays. Well, the answer is different depending on the robot. Certainly, the demo accounts will run in order to see what happens to the forex robots in this period. The Million Dollar Pips  trades the bigger short-term market movements, so I’m going to run it, maybe with a risk rate decreased to 1%. The WallStreet Forex robot will trade on one or two accounts, but only with minimal lots, just to see how it behaves. For more cautious traders, I would suggest to suspend trading from the 18th until January 6th. I will run Leo Trader Pro , but with smaller lot sizes, because if the developers consider it risky, it will not trade anyway. GridMeUpFx also runs on my live accounts, and I’m going to let it to work on one account during the holidays.

 

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon

Million Dollar Pips News

Williams, the developer of the forex robot sent a mail the other day. He informed us, that the performance of the robot is monitored continuously. He thinks, we do not need to worry about response times and execution times. User experience proved that the robot traded well even with execution times of 2000 ms. The bottom line is that we shall use a stable broker-vps pair with it. This robot will not close all of its trades successfully, there will be days or even weeks, when it underperforms. But its overall result is always positive in the longer term. Just be patient, and then some spike or higher volatility caused by news will translate the temporary negative results to positive.

Twitter del.icio.us Digg Facebook linked-in Yahoo Buzz StumbleUpon
1 2