PROFIT & LEARN: ON FRIDAY MY ALGO USED 100% MARGIN TO SHORT AUD$
AUDUSD On Friday I feel asleep at the desk by accident., I woke up and killed my algos, but accidentally left one on. It was purchasing AU/$ shorts into the close at 0.62256. I woke up on Saturday, and noticed 100% of the margin committed to a one sided position. I was sure, come monday my account would be flat. 100% sure. What this taught me. Market prices are sending signals long before the news is. The algo, was doing what it was programmed to do (and what I'd never have done on my own.) The banks knew Tariffs were incoming, I didn't. The banks new to get short, and because of my rules, so did the algo.Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.