I think I am very much in touch with the difficulties in becoming CP (consistently profitable). It is hard to forget my own pain in striving to become a trader for a living.
Kiki and I have been playing around with some ideas on how we can try using FloBot to turn a previously struggling trader into one that can make money while they are honing their skills. We both have some ideas about this which we are still discussing. We will talk about as soon as FloBot is ready and we have worked out something which we think is viable.
On another entirely different matter.
I got an email that basically said FloBot was a really terrible name. What can I say, I wasn't a marketing major at Uni and neither was Kiki.
If you the readers can come up with a better name, that would be great. The person who supplies the chosen name will receive a "surprise" related to their trading.
Now for todays trades. Its Euro FX futures. Another good market - aren't they all when you are making money! The logic was "all in and all out". The way FloBot is being set up is so that we can use logic exit rules or use monetary scale out points or both. Every setup will have an on and off switch so we can just trade one or more setups for any particular market. We will identify any setups not to use through automated back testing.
On another entirely different matter.
I got an email that basically said FloBot was a really terrible name. What can I say, I wasn't a marketing major at Uni and neither was Kiki.
If you the readers can come up with a better name, that would be great. The person who supplies the chosen name will receive a "surprise" related to their trading.
Now for todays trades. Its Euro FX futures. Another good market - aren't they all when you are making money! The logic was "all in and all out". The way FloBot is being set up is so that we can use logic exit rules or use monetary scale out points or both. Every setup will have an on and off switch so we can just trade one or more setups for any particular market. We will identify any setups not to use through automated back testing.
click to enlarge
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