Recent position:
Short Position
Entry: 7193
Stop loss: 7272
Topic: Automated Trading Challenge - Start 0.015 BTC - page 2. (Read 487 times)
A recent trade happened and it turns out it still went up. Stop loss is hit but it's okay. We're in here for the long run. I have updated the trading history.
Recent position:
Short Position
Entry: 7193
Stop loss: 7272
Recent position:
Short Position
Entry: 7193
Stop loss: 7272
Waiting for trades now. I just got a great trade with the recent short from 7167 to 7100. Now currently waiting for another opportunity. RSI is not yet confirming trades. The price of BTC is not yet touching any of the Bollinger Bands. It's best to be at the right timing when entering trades. Good thing that an automatic bot is not emotional and doesn't feel FOMO.
I would personally no longer short this after such reversal on daily TF, even the candle close seems in favour of bulls.
I assume this was the so waited bottom. Good luck with your trades tho!
I didn't personally do it, Gunbot did and we will see what happens. I changed my timeframe to 1 hour instead of 15 mins to make sure I have better view in the long run. You will never know once we are there. I didn't expect the fast rise of BTC. I have different accounts for trading and this one is dedicated to automating it. It makes me worry less about thinking if I should go out or not. Whatever happens, I would be transparent.I assume this was the so waited bottom. Good luck with your trades tho!
The market is in good condition right now and most of coins are recovering, is it a good time for using the bot ?
It's always a good time to use a bot especially if you want a 24/7 checking of the market. It would depend on you. You could PM me if you want more info about it.Nice thread OP. A good watch for those who want to consider using bots.
Hope you will have a good run.
I do hope in the long run, I would be able to show the trades that it had. I am also trading other markets like Arbitraging and Market Making. Hope you will have a good run.
What's the pros of using the bots when the result is a loss ? i hope the bots experienced loss only because of this bad weather of crypto market.
And when the market is sideway or calm, it could have more profits than loss. The market is in good condition right now and most of coins are recovering, is it a good time for using the bot ?
And when the market is sideway or calm, it could have more profits than loss. The market is in good condition right now and most of coins are recovering, is it a good time for using the bot ?
To execute OP's command even he is out of his desk. Look at his set parameters, it needs a close watch that's why OP considers using a bot.
Nice thread OP. A good watch for those who want to consider using bots.
Hope you will have a good run.
What's the pros of using the bots when the result is a loss ? i hope the bots experienced loss only because of this bad weather of crypto market.
And when the market is sideway or calm, it could have more profits than loss. The market is in good condition right now and most of coins are recovering, is it a good time for using the bot ?
And when the market is sideway or calm, it could have more profits than loss. The market is in good condition right now and most of coins are recovering, is it a good time for using the bot ?
I would personally no longer short this after such reversal on daily TF, even the candle close seems in favour of bulls.
I assume this was the so waited bottom. Good luck with your trades tho!
I assume this was the so waited bottom. Good luck with your trades tho!
Another adjustment towards my settings. I have misunderstood the stuff with my ROE settings and I thought it was not yet multiplied by your leverage. I missed that. So right now I got updated settings and currently, with the recent pump, I was at loss today. I'm here for the long run, so let's see so everyone would be part of the ride.
Current Position: Short
ROE: 3.3%
Entry Price: 7167.50
Current Position: Short
ROE: 3.3%
Entry Price: 7167.50
I have inserted summary of trades since the start in the second post with the spreadsheet. I would be continuously updating it together with posts like this.
It made a couple of trades. I think I need to adjust the ROE per trade, it could've gotten a bigger profit if it haven't exited early. I would adjust it to 0.5 ROE in the program.
You could see the history of trades also with the arrows and the side bar.
It made a couple of trades. I think I need to adjust the ROE per trade, it could've gotten a bigger profit if it haven't exited early. I would adjust it to 0.5 ROE in the program.
You could see the history of trades also with the arrows and the side bar.
*Disclaimer - This is only one of the exchanges that I’m currently trading. I'm also running a Market Maker Bot and Arbitrage Bot using Gunbot (different strategies in trading). The results may vary depending on the market conditions if you try to run it. There could be profit or losses. Rest assured that Gunbot runs the right way according to your parameters in your Trading Strategy.
*Update - January 9, 2020
I'm crwth and I'm going to try to a live challenge using Gunbot and I will update it daily with current happenings like trades, if it's Short or Long, etc. I will be using Bitmex as my main exchange to take advantage of the leverage on the exchange and with the options of trading on a bear or bull market. You could also take advantage of this if you decided to get your own. Gunbot products are 50% off for Christmas, btw.
I'm trying to show you guys how you could trade using an automatic trading tool and at the same time, you could learn how different indicators work. This would be a conservative setup in which we limit trades to make sure that we entered at the right time and right price.
I'm using Gunbot Ultimate at Bitmex exchange.
Parameters:
Buy Method Bollinger Bands When Ask Price touches Lower BB, it would go Long
Buy Method Bollinger Bands When Ask Price touches Higher BB, it would go Short
Additional Indicator: RSI - for confirmation of the trade
Amount per trade: 10% of total balance
Stop Loss: 10%
Leverage: x10
ROE: 20% and with ROE Trailing with Gunbot, it will check per 0.1 ROE Increase/Decrease to see if it will still rise, making it sure you get a better profit.
Starting Balance: 0.01500000
Current Balance: 0.01482722
Profit: -1.15%
The bot is running 24/7 in a VPS
Gunbot - Automatic Trading Tool
RSI Indicator
Bollinger Bands
*Update - January 9, 2020
I'm crwth and I'm going to try to a live challenge using Gunbot and I will update it daily with current happenings like trades, if it's Short or Long, etc. I will be using Bitmex as my main exchange to take advantage of the leverage on the exchange and with the options of trading on a bear or bull market. You could also take advantage of this if you decided to get your own. Gunbot products are 50% off for Christmas, btw.
I'm trying to show you guys how you could trade using an automatic trading tool and at the same time, you could learn how different indicators work. This would be a conservative setup in which we limit trades to make sure that we entered at the right time and right price.
I'm using Gunbot Ultimate at Bitmex exchange.
Parameters:
Buy Method Bollinger Bands When Ask Price touches Lower BB, it would go Long
Buy Method Bollinger Bands When Ask Price touches Higher BB, it would go Short
Additional Indicator: RSI - for confirmation of the trade
Amount per trade: 10% of total balance
Stop Loss: 10%
Leverage: x10
ROE: 20% and with ROE Trailing with Gunbot, it will check per 0.1 ROE Increase/Decrease to see if it will still rise, making it sure you get a better profit.
Starting Balance: 0.01500000
Current Balance: 0.01482722
Profit: -1.15%
The bot is running 24/7 in a VPS
Gunbot - Automatic Trading Tool
RSI Indicator
Bollinger Bands
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