Failure in FX (3) Portfolio of automatic trading software
I lost 1 million yen by Nanpin Martingale system automatic trading software called "W2C - Clipper".
But that was not the only failure.
Under the adage of investment "Do not put eggs in one basket"
I have operated more than 10 kinds of automatic sales software.
I funded 300,000 yen each account, in total 3 million yen.
However, almost all of it, it was the same Nanpin type software.
In a market environment with low volatility, there was profit every day like a salary without loss cut.
However, once the volatility rose, all accounts collapsed in the blink of an eye and lost 3 million yen.
I do not remember much of those days, but I think that I was running EA like the following:
Victory FX USD / JPY
Ganbare Nippon Gold GOLD / JPY
FX Koumei Stability System USD / JPY
System Ken USD / JPY
Socratex EA AUD / JPY
Gold Kousui GOLD / JPY
These EA did not cut losses and earned earnestly in range market, so they were the best for deceiving investment beginners like me. I was easily deceived by sellers and affiliaters.
No matter how much EA of the same nature works, it does not make sense as a portfolio.
Again, it will not be a risk hedge unless things of different natures, such as type suitable for range, type suitable for trend market, type facing panic market, are not parallel. Yet, as Nanpin · Martingale has the possibility of zeroing the funds, it is out of the question to make this a pillar.
I learned a lot from these experiences.
However, I came across a man in a FX trading seminar, which led to a great reversal later. . .
To be successful in investment, personal relation is so important.
(Binance)
https://www.binance.com/?ref=11073703