The first week of the Automated Trading Championship 2012 is over. It was full of high points and interesting comments.
The most impatient and "overpowered" trading robots rushed to the
market looking for all possible conditions for making deals. This is not
surprising considering that Expert Advisors that "fire from the hip"
usually show the best results during the preliminary tests.
However, none of these "quick-firing
robots" managed to find themselves in the Championship's TOP-10 of the
Some participants have already left the Championship due to
CExpert::Init: wrong symbol or timeframe (must be AUDUSD:PERIOD_M1)
In fact, such errors have always been
quite common at the starts of the Championships despite our warnings and
recommendations. However, we wish correct operation of stability
control system (wise money-management) and reliable breaks (Stop Loss
should not mean Stop Out) for those participants whose trading robots
are still alive and well.
The first week of the competition coincided with the release of the Non-farm Payrolls
report, and this was a good test for many participants. We will
continue to monitor the Championship and will try to communicate the
most interesting stuff.
Read the full article on the Championship's website First Week: Who Wants to Do Some Trading?