I'm back to intensive testing of the FAPS again. Like the Steinitz I like the way it continuously day trades for me, but the no stop loss exit strategies can really hurt if they're not actively controled.
I started running this across multiple time frames from 1M to 4H, with 2 positions each. It soared for the first half of the week, untill it piled up short positions at the bottom of the trend. I cant blame the robot, I anticipated a retest of the lows myself, and allowed it to collect positions without enough controls, but the market is finicky and volitile. Where it goes from here is anybodies guess.
This could be a great robot with a bit of discretionary control. But I can not see trusting it on autopilot. |