Hello everyone, I just wanted to post an update on how the bot is doing. It is actually working out great, its currently averaging 1% per day. There were some down days, seems like when the market drops it also dropped, but overall it has been profitable. I did deposit more funds onto the exchange account twice in the last 2 weeks. At first I was a little nervous putting money on the exchange and hooking up the bot with the exchange account. I feel sometimes you have to take risks, and I'm glad I did. Now I feel fine about adding more funds for it to trade with. It cannot withdraw any funds, so it really does the job of trading for me. The trades are small micro trades. Some of them are profiting $0.08, some are larger at $0.59 but all are under $1. Thousands of micro trades that add up to winning and growing the trading account.
It's really exciting, in the mean time I'm paper trading. Paper trading is analyzing the market and writing down entries that I would get into but then just checking the market later to see how my trades would have gone and not actually buying any positions. Pretend trading for the moment until my success rate improves. So far I would have lost more than I won, it is difficult predicting winning trades, but I have been getting better at identifying trends and seeing how the market moves so that in the future when I actually have real money on the line, I'll be profitable instead of losing.
It's definitely not a get rich quick scheme using the bot, the profits are slow in coming but its consistently growing, so I will continue using it.
More updates soon, have a great week!