The target of this check was to exhibit the exceptional potential of the GPT Recommendations function. On Day 1, I initiated a collection of trades. My collection of symbols was totally arbitrary. I included virtually all main and minor symbols into the market watch to incorporate them within the GPT Assistant’s listing. Starting with a steadiness of $1000, I executed the next trades utilizing a set lot of 0.1, thereby foregoing the chance lot sizing technique.

To supply a contrasting situation, I engaged in a number of martingale trades. The outcomes? The account’s drawdown (DD) catapulted from a minimal 1.8% (holding in thoughts that at one level about 18 trades have been reside and the DD remained beneath 2%) to virtually 8%. This dramatic shift underscores why martingale methods or altering the Threat-Reward Ratio (RRR) is just not really useful. These options are particularly designed for intraday buying and selling. Within the best world, Cease-Loss (SL) and Take-Revenue (TP) must be within the vary of 100 and 150 factors. Very often there will likely be totally different so my recommendation is to skip these options and transfer on to the subsequent image. There will likely be lots extra commerce alternatives in a while, tomorrow or in a while within the week. Don’t rush! Foreign currency trading is just not a dash, it is a marathon. As evidenced by the screenshots above, apart from the martingale trades, trades closed virtually instantly. Whereas even chatGPT with its superior predictive capabilities cannot foretell the longer term, it may possibly present extremely correct speculative strikes primarily based on an intensive evaluation of a whole bunch of variables. In contrast to human merchants, chatGPT can consider charts in mere seconds and supply decisive buying and selling instructions. Whether or not it’s to purchase or promote, it should give you corresponding SL and TP values. Then all it is advisable to do is click on on the best button. How straightforward is that?

Concerning the optimum timing to make use of GPT Recommendations, I might counsel executing your trades round 2 hours after the beginning of the Asian and London periods and 1.5 hours put up the New York session’s opening. Don’t commerce round excessive impression information, until you’re utilizing NEWS evaluation and inserting orders manually. My preliminary run was carried out after the beginning of New York session, adopted by the London opening on Day 2. On the second day, I decreased the chance. Upon receiving a GPT Suggestion, I chosen “use the chance worth” and it got here up with 0.06 lot. Then the lot measurement diverse each time and it was within the vary of 0.02 and 0.13 lot. The second day of ahead testing elevated the revenue from 14% to 23%, all of the whereas sustaining the DD effectively beneath 8%.

For those who’re using GPT Assistant for proprietary buying and selling, I like to recommend a 0.25% threat when opening a most of 5 trades concurrently, as larger frequency buying and selling might doubtlessly jeopardize the problem. Please be aware, some corporations prohibit high-frequency buying and selling, so make sure you’re well-versed along with your account’s Phrases & Circumstances. And don’t use martingale or RRR. 

I personally assume that it is a tremendous function as a result of it provides you all of the management. It’s you and solely you who’s in control of your account’s progress. As you possibly can see under, all it takes is only a few clicks of the mouse to see your steadiness going up. It took me lower than 24h to attain these outcomes with GPT Assistant:

You probably have any questions, please contact me at any time.