[...]I am trying Quad's plan and after 11 days, my account balance is down by 3%.
This guy just has the magic touch and experience too. None of his trades are losses?
What are you doing
exactly? I ask because the strategy is sound. And as he also said, not
all his trades turn into profit but
most do...
The pseudo code for the algorithm of this strategy would look something like this:
WATCH DESIRED TRADING PAIR
IF VALUE HITS LOWER BOLLINGER BAND
AND THERE IS A BUY WALL
THEN BUY THE COIN WITH A PART OF YOUR RESERVE
ELSE DO NOTHING
IF BOUGHT COIN RAISES VALUE BY 0.3 [OR WHATEVER] % [MORE THAN YOUR COSTS] THEN SELL
ELSE IF BOUGHT COIN DECREASE IN VALUE EVEN MORE
THEN BUY MORE OF THE COIN WITH ANOTHER PART OF YOUR RESERVE
RETURN
Something like that @QuadsPoker?
Yes exactly,
I focus on one pair, mostly a pair with a lower value like for example BTT , ADA , TRX.
After that I just patiently wait until I notice that candles are moving to the lower Bollinger Band
When the candles hit the bollinger or break it then I put a buy order.
When a buy order gets hit I just put in sell orders. Buy value multiplied by a number from 0.005 up to 0.01. Then I will make a net profit between 0.4 and 1%.
But most important is not to go all in on 1 entry. Only use 5 to max 10% of your balance. You can get more in a trade as soon as you fully understand how it works. In this way you always have funds left. 85% of the times the candles bounce back up after touching or crossing the lower bollinger. But in some cases we get a (mini)crash, mostly after a bollinger squeeze. So always make sure you have funds left to enter multiple times more if the coin keeps dropping
Above steps can be done multiple times every single day.