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I Ran A Trading Bot For 24hrs Straight! Forex Day Trading Stock Market and Crypto Trading Bot with the Best MACD Trading Strategy
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Previously Bill the bot took 200 trades in the direction of the trend in less than 2 hours and made almost 2000 dollars in profit. That’s almost a 2 percent gain in just 2 hours. If it can make money by taking random trades in the direction of the trend, what can it do with a high win rate trading indicator? What if I ran the Trading Bot for 24hrs with a strategy that got a high win rate after testing 100 times on the Trading Rush Channel?
So I ran Bill the Bot for 24 hours straight with the highest win rate trading strategy, and I can’t believe what happened at the end!
Bill the Bot took the first trade on USD CAD, and the trade immediately made a loss of 200 dollars, and then the trade was down by 400 dollars. Then Bill the Bot took a new trade on AUD USD, and it must be Bill’s Bad Luck again because the price decided to move in the opposite direction as soon as he entered the trade, and made an unrealized loss of around 500 dollars. But then Bill the Bot got overconfident and decided to take another trade on the USD CAD pair when the pair is already making a loss. There is a big problem with Bill the Bot!
You see I told Bill the Bot to risk around 1 percent per trade this time, and I also told him to look for MACD entry signals on 10 different pairs using the 5 mins timeframe, but since the market moves in a similar pattern, Bill the Bot encountered the first big problem. Similar market movements were generating similar entry signals! When Bill the Bot was not taking trades, it was not taking trades for a long time. But when it was taking trades, it was suddenly taking multiple trades in a short period of time which was a bad sign.
But when Bill the Bot decided to take another trade on the already losing pair, the broker rejected the order because of insufficient margin. Risking around 1 percent per trade was using almost 50 percent of the available margin. Suddenly the lack of margin was a good thing as it was stopping Bill the Bot from taking multiple similar trades at the same time. If Bill the Bot can make a significant amount of money in 24 hours, it will not only be better than 95 percent of traders, but it will also show us something really interesting at the end.
The second trade Bill the Bot took almost made a loss of 1000 dollars, but since the stop loss I told Bill the Bot to set was at a good distance away from the entry price, the price reversed just before triggering the stop loss. But then Bill’s bad luck caught up and got the price overexcited again because the price on the AUD pair started to make sudden big moves.
The trade Bill the Bot was holding for more than 2 and a half hours, unfortunately, was gone in a matter of few minutes because of a sudden big move. Not only that, but the strong sudden move made trade lose more than 1258 dollars, which is more than what we anticipated. Now Bill the Bot not only has to recover from this loss, but it also has to deal with sudden big moves for 24hrs straight. Let’s see if it makes money.
The first trade Bill the Bot took was still running even after 3 and half hours. Since there is no AUD in USD CAD, this trade didn’t make a loss, but then, Bill the Bot decided to take another trade on AUD pair, and this time there was a bigger problem…
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