Previously Bill the bot took 200 trades in the direction of the trend in less than 2
hours and made almost 2000 dollars in profit. That's almost a 2 percent gain in just 2 hours.
If it can make money by taking random trades in the direction of the trend, what can it
do with a high win rate trading indicator? What if I ran the Trading Bot for 24hrs with
a strategy that got a high win rate after testing 100 times on the Trading Rush Channel?
So I ran Bill the Bot for 24 hours straight with the highest win rate trading strategy,
and I can't believe what happened at the end!
Bill the Bot took the first trade on USD CAD, and the trade immediately made a loss of 200
dollars, and then the trade was down by 400 dollars. Then Bill the Bot took a new trade
on AUD USD, and it must be Bill's Bad Luck again because the price decided to move in
the opposite direction as soon as he entered the trade, and made an unrealized loss of
around 500 dollars. But then Bill the Bot got overconfident and decided to take another
trade on the USD CAD pair when the pair is already making a loss. There is a big problem
with Bill the Bot!
You see I told Bill the Bot to risk around 1 percent per trade this time, and I also
told him to look for MACD entry signals on 10 different pairs using the 5 mins timeframe,
but since the market moves in a similar pattern, Bill the Bot encountered the first big problem.
Similar market movements were generating similar entry signals! When Bill the Bot was not taking
trades, it was not taking trades for a long time. But when it was taking trades, it was
suddenly taking multiple trades in a short period of time which was a bad sign.
But when Bill the Bot decided to take another trade on the already losing pair, the broker
rejected the order because of insufficient margin. Risking around 1 percent per trade
was using almost 50 percent of the available margin. Suddenly the lack of margin was a
good thing as it was stopping Bill the Bot from taking multiple similar trades at the
same time. If Bill the Bot can make a significant amount of money in 24 hours, it will not only
be better than 95 percent of traders, but it will also show us something really interesting
at the end.
The second trade Bill the Bot took almost made a loss of 1000 dollars, but since the
stop loss I told Bill the Bot to set was at a good distance away from the entry price,
the price reversed just before triggering the stop loss. But then Bill's bad luck caught
up and got the price overexcited again because the price on the AUD pair started to make
sudden big moves.
The trade Bill the Bot was holding for more than 2 and a half hours, unfortunately, was
gone in a matter of few minutes because of a sudden big move. Not only that, but the
strong sudden move made trade lose more than 1258 dollars, which is more than what we anticipated.
Now Bill the Bot not only has to recover from this loss, but it also has to deal with sudden
big moves for 24hrs straight. Let's see if it makes money.
The first trade Bill the Bot took was still running even after 3 and half hours. Since
there is no AUD in USD CAD, this trade didn't make a loss, but then, Bill the Bot decided
to take another trade on AUD pair, and this time there was a bigger problem.
When Bill the Bot took the trade on AUD JPY, the profit started with negative 500 dollars.
This is bad because it means we are taking trades in the wrong time zone. There is a
good time to trade and there is a bad time to trade. Since Bill the Bot is taking trades
24hrs straight, it has now entered the bad time zone where spreads are horrible and the
price movement is bad. This means that stop losses will be triggered easily and the profit
targets will not. By taking trades for 24hrs straight, Bill the Bot not only has to deal
with this nonsense but also has to make money with a lower win rate in this time zone. If
Bill the Bot doesn't take many trades in these bad hours, the win rate will get better as
the spreads will get lower, otherwise Bill the Bot has a big problem.
The price in these bad market hours stayed in the sideways direction for the most part,
made a move towards the stop loss at one point, and then actually made a move in the entry
direction. But unfortunately, the spread was so bad that when the trade triggered the profit
target, it only made a profit of approximately 470 dollars, which is not even a half percent.
But by the time the price on the very first trade decided to touch the profit target,
the spread got better and the USD CAD trade actually made a profit of approximately 1000
dollars.
But then Bill the Bot took a trade on a USD pair that immediately started to make a big
loss. It touched and crossed the 1000 loss limit by not 1, not 2, but 3 times, and at
this point, I thought something was wrong with Bill because he was not closing the trade,
but no! Bill was so confident in the MACD's entry direction, that he decided to take another
trade on the same pair, and it actually worked! But that's not good enough! Bill the Bot made
almost 2000 dollars by taking random trades in the last video, if the MACD strategy has
to prove its 60 percent win rate, Bill the Bot has to make even more profit in the remaining
12hrs, even with the big spreads.
But then I noticed a bigger problem. After leaving Bill the Bot to Trade on his own,
I didn't look at the screen for more than 12hrs straight which was a big mistake, because
when I came back, Bill the Bot took a short trade on the GBP JPY pair. Nothing looks wrong
at first. The price made a good move in the entry direction and touched the profit target,
but for some reason, the trade only made a profit of 900 instead of 1000 dollars. Something
was wrong!
So I did some digging to find out where the 100 dollars were disappearing and realized
that Bill the Bot successfully told the broker to take a short trade at 150.916, and set
the profit and loss targets at an equal distance away from entry price, which in this case
was 1000 dollars profit loss away, but for some reason, the broker decided to take the
trade at 150.897, which turned 1000 dollars profit loss into 890 dollars profit and 1100
dollars loss respectively. This should not have happened!
Bill the Bot was looking at the last ask price while taking 200 random long trades in the
previous video, but when I wrote the new code for this experiment, by new code I mean, copy
the code from the previous video, right-click and paste, I forgot to tell Bill the Bot to
look for the last bid price instead of the Ask price while taking the short trades. So
now Bill the Bot not only has to survive the bigger spreads in bad markets, but also has
to make a significant amount of profit in 24hrs, while making 1000 dollars in a long
trade, but only making 900 dollars in a short trade.
Luckily the next trade was a Long trade on USD pair, but unfortunately Bill the Bot took
Short trade on a similar USD pair, and on top of that, the trade that made the loss
was the long trade, resulting in a loss of thousand dollars, but only a profit of 800
dollars.
It must be Bill's Bad luck because the next trade was also a short trade, but this time
Bill also took a long trade on USD CAD. The Short trade only made a profit of around 900,
but this time the Long Trade made a good profit of 1004 dollars. This is when Bill the Bot
entered the best time to trade zone where the spreads were lower and the price movement
was good. Unfortunately Bill the Bot took a short trade on AUD JPY and only made a profit
of 900 instead of 1000. But then something interesting happens, Bill the Bot took a long
trade on the USD CAD pair and the trade quickly makes a loss, then a few minutes later, it
takes another trade on the same pair in the same direction, and actually makes 1000 dollars
in profit.
This was one of the short trade Bill the Bot took where the price was moving in the downward
direction. Bill knows the price is in a downtrend by looking at the 200 period moving average.
The trading bot took a short entry at this candle when the MACD gave a short crossover
above the zero line. Bill decided to set the stop loss at a good distance away from the
entry price, which in this case was above the 200 period moving average resistance.
If the price decides to move towards the stop loss, it will have a difficult time crossing
this moving average resistance, which is good!
But not all trades were good. This is a trade I would not have taken in the live markets.
Bill the Bot took this trade because of the MACD signal, but this setup is actually not
worth trading, because the price was choppy, then lost momentum, and is starting to move
in the sideways direction.
Then Bill the Bot found one of the best trading setups, where the price was in a good downtrend
and near a breakout resistance, and this trade actually made a good profit!
I downloaded the transactions of the last 24 hours and opened it using Excel, and looks
like Bill the Bot lost money at the beginning, then made a small profit by winning trade
in the bad market where the spreads were bigger, then recovered the loss, then the balance
graph made a good move in the upward direction, and kept going in the upward direction for
few hours before making a good amount of loss, but then made an excellent profit.
By taking trades for 24 hours straight with the highest win rate trading strategy we have
ever tested on the Trading Rush Channel, Bill the Bot was able to make more than 5000 dollars
in profit. That's more than a 5 percent gain in just 24 hours. If it can make 5 percent
in 24 hours, what will happen if I ran the bot for an entire week with the highest win
rate trading strategy we saw on the Trading Rush Channel? Let's find out in the next episode!
That's all! Get to see how I get a high win rate with the current best strategies I use
by supporting Trading Rush on Patreon. Thanks for watching!