Gremlin; 'I'm in love with it.'
Yes, that was the term that I was going to use when I read your last post.
Love is an emotion that doesn't play well with trading. There were some trader rules going around at one time, I think 'never fall in love with your trades' was number 3. The market changes from time to time. Watch your system but don't put all of your faith in it. All that you said makes perfect sense, just remember the other rules. 'Diversify often'.
As soon as it's financially feasible, find a second, third and fourth robot that you feel comfortable with. Four different types of EA will give an added safety margin that can not be quantified. Also use more than one broker with accounts in more than one currency. I realize that funds are limited but playing it safe will mean that someday the ability will be there when the funds are available.
Now if your trying to sell that program that you write so affectionately about, fine, talk it up, but if not, watch how much affection you give to it. Trading systems will leave you busted faster than an unfaithful wife. It's just a tool. Nothing more.
Trader rule #1 'Never trade with the bread money'. If you got little to work with, start a home business and let that fund your retirement account. You have something that someone else needs, maybe information, maybe time? Use what you have and leverage it to make more. Then don't let anyone else know what you are doing until it's done or someone will try to screw it up for you. Remember, the higher the profit, the greater the risk, not 100% true. But set a target, not for profit, but for safety. That's the difference between investing and gambling.
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