Hey All,
So this is my first week of trading with these Prop Bots. I am using the MT5 versions on a $10k FTMO Demo. So far this week the bots are down nearly $450 whilst:
- EURJPY (1238246918) is down $500.
- EURGBP (1582513645) is up $50
- XAUUSD (1611800265) is up $36
- USDJPY (1635766325) is down $200
- BTCUSD (1838199896) is even
- GBPUSD (255882763) is up $58
My question is, is it normal for these bots to have days in which they consistently lose money? Is there anything else which I can do to mitegate the losses? Or am I the only one which has had a poor week this week?
I understand I need to be patient with the bots however through this first week, the performance hasn’t lived up to the expectation: that these bots either cover the loses of each other or make money as is shown in the App.
For clarification all currency bots are running at 1% risk whilst XAU & BTC are running at 0.5% risk due to ensure enough margin is available to trade.