Another forex profit.

First thing this morning the robot was up by over £40, but there was still an open trade which did not look too hopeful, which I was tempted to close out manually with about a £10 loss, but unfortunately as soon as the London market opened that became a loss of £33.20 when the market jumped and the stop loss was hit.  But to me it proved that the robot is doing what I have asked it to do, and on this market I have set it to a maximum risk of 10% which is what it did.  Nice if it had won a bit more, but this is what Forex trading is about, you have to take the losers with the winners.  But what this robot does is to win lots of small amounts, and occasionally there will be a bigger loser, but no more than you are prepared to risk, and it even closes out some trades with much smaller losses when it gets the chance.

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