forex bots with no future

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Hi all, so I fell into the trap of using 1% risk per trade on a martingale system and it blew my account last week on gbpusd, and am deeply ashamed about that 

I am trying to avoid all forex pairings now as it seems, that as Trump has essentially broken forex wih the debasement trade, that all existing forex bots are pretty much rendered obselete.

Can they align with the weaker dollar? As this sell off could take months - Have any of you just switch algos off in this uncertainty?

Grateful for your thoughts

 
craigguthrie123:

Hi all, so I fell into the trap of using 1% risk per trade on a martingale system and it blew my account last week on gbpusd, and am deeply ashamed about that 

I am trying to avoid all forex pairings now as it seems, that as Trump has essentially broken forex wih the debasement trade, that all existing forex bots are pretty much rendered obselete.

Can they align with the weaker dollar? As this sell off could take months - Have any of you just switch algos off in this uncertainty?

Grateful for your thoughts


Trump broke a lot, that is for sure, but not Forex. In order to make money price has to move. Trump makes price move, so in that regard it is good trading.


Just do not put money in a fundamentally proven losing trading system. It really is that simple.

 
craigguthrie123:

Привет всем, я попал в ловушку, используя 1% риска на сделку в системе Мартингейла, и на прошлой неделе это обрушило мой счет на GBPUSD, и мне очень стыдно за это. 

Сейчас я стараюсь избегать всех валютных пар на Форексе, поскольку, похоже, после того, как Трамп фактически разрушил рынок Форекс своей политикой обесценивания валюты, все существующие форекс-боты практически устарели.

Смогут ли они совпасть с ослаблением доллара? Поскольку эта распродажа может затянуться на месяцы, кто-нибудь из вас в условиях такой неопределенности просто отключил алгоритмы?

Благодарен за ваши мысли.

EA works, that's for sure. Trump only increased market volatility. And if your strategy or trading robot stopped working, it means you haven't tested it over a very long period, or you've only tested it in the last year.

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