The month of January saw a 5% increase of the balance in the forex account. The draw down is still there at the end of the month so I have not had any profits other than from the grid trading that the robot has been doing. For some reason the robot has missed out putting in some of the repeat orders in the grid trades but it has not been a problem as I like to keep an eye on the robot anyway and I have entered them manually where necessary. While doing so I have extended the range of the trade from entry to where it takes profit to get a bit extra from the trades. That has been successful so far.

5% is not a huge amount of profit but over 12 months at the same rate it would be good enough. Some months it will work out better than that  at up to 20% so it will be interesting to see how it pans out in the next months. 5% per month works out to 60% over the year not including any compounding, hmmm nice….