Starting My Forex Trading With Forex GPS 3 Robot
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****Nothing on this page is investment advice. It is only an experiment. If you invest your money in Forex you could lose it all. If you decide to invest in forex you do so by your own choice after you have done your own due diligence.****
Here We GO!
It is 6:15pm on Sunday April 18, 2021. I have my Virtual Private Server set up, I have my forex trading platform set up and funded, and I have my robot setup. The markets are open for trading, and I am sitting her just waiting for my robot to start trading.
I am not trading with full leverage yet. My broker allows 50:1 leveraged trading. Just to be safe, until I see that this robot works well I will be keeping my leverage low. It is currently set at 10:1. Next week I hope to up it a little bit. And then a little more each week after that.
Also, I am not trading on all currency pairs. I am only trading on EUR/USD. Until I have confidently upped my leverage to 50:1 and can see that this robot is not going to blow my entire account I will not add the other three currency pairs it is designed to trade.
My account is set up with $999.80. It was at $1000 but I did a trade with a trailing stop and it dropped soon after making the initial trade then dropped triggering my stop. I lost $.20 LOL.
That is all for now. I'll update here when the robot makes a trade.
UPDATE 4/21/2021
So I found that I had a setting incorrect in my trading bot. I got it fixed, but no trades to report yet. I found that I can actually share my account activity with you through a website that is set up just for that. You can follow this link to see my live forex trading account, but there is nothing to see there at this time 4/21/21 11:59pm. It could change at any minute, and will update automatically at that link when it does.
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