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Topic: Automated Trading Challenge - Start with $2000 - 200 USDT Gain - page 3. (Read 1034 times)

jr. member
Activity: 34
Merit: 1
..... What's the exact risk with such automated bot?
The bot breaks down and will not execute trades that it has been instructed to do. crwth didn't mention that maybe because gunbot is reputable.

The bot breaks down how? What do you mean? Do you think it stops by itself? It has been tested continuously, and if there are bugs to report, it's relatively easy, and it will be fixed right away, and you could easily update it. If there are configuration errors, you could always reinstall it. Besides, there's an automatic backup for your configuration on your setup. I didn't think to mention it because I didn't experience it with this setup.

Bots go down all the time. It doesnt even have to be the bots fault. Exchange websockets have gone done before, or even intermittent. How did you keep your bot trading when that happened?
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
..... What's the exact risk with such automated bot?
The bot breaks down and will not execute trades that it has been instructed to do. crwth didn't mention that maybe because gunbot is reputable.

The bot breaks down how? What do you mean? Do you think it stops by itself? It has been tested continuously, and if there are bugs to report, it's relatively easy, and it will be fixed right away, and you could easily update it. If there are configuration errors, you could always reinstall it. Besides, there's an automatic backup for your configuration on your setup. I didn't think to mention it because I didn't experience it with this setup.
sr. member
Activity: 1554
Merit: 413
..... What's the exact risk with such automated bot?
The bot breaks down and will not execute trades that it has been instructed to do. crwth didn't mention that maybe because gunbot is reputable.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Good luck to you. I keep telling people also that trading bots are not guaranteed profit, all that trading bots are is scripts that execute what the trader tells it to,,, automatically. If the bot can do it well and fast, it is a good bot. Profit does not say what the bot does. So has gunbot executed well on Binance Futures?
There shouldn't be a guarantee in any bot because it makes false promises. It's all about the timing of the trades and making sure that you have the optimal settings. For the execution of trades of Gunbot, it's doing its job.



Have never used any automated tool for trading purpose. I always have considered such automared tool as risky. How do it really work? What's the exact risk with such automated bot?
It seems your ROI is very promisable this time although you couldn't make profit last time. Inresting.
It could be an ideal asset, especially if you trade a lot. I don't know how it could make yourself risky because it depends on what you instruct with it. There are many trading strategies that you could input on it, and depending on the market you are entering, spot market, futures, margins, etc., it varies that risk. It's always based on what you set on it, not the bot itself. So if you get rekt, it's your fault as well.
sr. member
Activity: 1372
Merit: 322
Have never used any automated tool for trading purpose. I always have considered such automared tool as risky. How do it really work? What's the exact risk with such automated bot?
It seems your ROI is very promisable this time although you couldn't make profit last time. Inresting.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Good luck to you. I keep telling people also that trading bots are not guaranteed profit, all that trading bots are is scripts that execute what the trader tells it to,,, automatically. If the bot can do it well and fast, it is a good bot. Profit does not say what the bot does. So has gunbot executed well on Binance Futures?
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Last time you did it, it didn't turn out well for gunbot itself, you are a known reseller so we all know you are doing this to make money obviously but also to sell bots as well when people ask you where they can get it but are you sure this is the way?
Why didn't it turn out well for Gunbot? The strategy itself didn't work with the market, so adjustments have been made and a different method. Sure this is the way of what? Selling? I'm not in the Services section and this is not the thread to sell. It's for discussion, that's it. If someone is interested then good for him, I will help him understand what he can do with Gunbot but that's just a bonus. The purpose of this thread is to share results, it it doesn't turn out good, fine. But if it did, it's better but no one is forcing anyone to do here.

Also we should see the market maker price as well, as far as I know there are different stuff in gunbot, like gunbot regular and arbitrage bot and now this market maker, we all need to know the prices of these. Plus we should know about the gunthy token given out to these people as well, to see the bottom.
This is not a marketplace board and this topic is not for selling. That's why there are no prices. If you are interested, you could PM me. You could check it on the site as well. https://gunbot.ph

Long story short, bot is good because it is doing what you tell it to do but if you are an idiot who doesn't know how trading works, you are going to use bot the wrong way and lose money, if you are smart and know how to trade, you are going to use the bot and make a big profit, it all depends on the user of the bot.
It is good that you know that. It all boils down to the user and the market situation.
hero member
Activity: 2688
Merit: 588
Last time you did it, it didn't turn out well for gunbot itself, you are a known reseller so we all know you are doing this to make money obviously but also to sell bots as well when people ask you where they can get it but are you sure this is the way?

Also we should see the market maker price as well, as far as I know there are different stuff in gunbot, like gunbot regular and arbitrage bot and now this market maker, we all need to know the prices of these. Plus we should know about the gunthy token given out to these people as well, to see the bottom.

Long story short, bot is good because it is doing what you tell it to do but if you are an idiot who doesn't know how trading works, you are going to use bot the wrong way and lose money, if you are smart and know how to trade, you are going to use the bot and make a big profit, it all depends on the user of the bot.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I have updated the OP. The market has stalled and it seems that the positions that I have right now is not ideal. But still, there's stop-loss in place when a certain amount of capital is reached. Hopefully, it pumps in the coming days. When Resistance 2 breaks, I believe we will be in bullish form again. Hoping to get out of this position soon.

copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I have updated the OP and the second post with a summarized table for the balances that were added. This is to take advantage of the compounding interest that would be beneficial if you continue to profit.

Great profits from past days. Hopefully it continues.



We could share all of your trades automatically, if you're interested? People could even subscribe and auto-trade your trading strategy.
What do you mean share? Like in Telegram groups or something? I'm not interested right now with that.



Current positions in Gunbot GUI

jr. member
Activity: 34
Merit: 1
We could share all of your trades automatically, if you're interested? People could even subscribe and auto-trade your trading strategy.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Updated First post



As of September 16, 2020, these are my current positions shown in Gunbot GUI







USDT-VET

-121.02% ROE
Leverage 20x

USDT-ADA

-73.66%
Leverage 25x



This would be DCA'd soon once it reached a certain point automatically and the position is far away from the liquidation price. Gunbot is controlling the amount of invested in the certain pair and is considering all the pairs that you have included.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
1. May I ask what your target profit is here?
I'm planning to make it until I don't get rekt. I'm thinking of it as a compounding balance, and every profit is reinvested. As long as I can.

2. Are you planning to set up a pool for community trading too?
I would want to but probably not right away. I want to be sure that funds are safe as well. It's going to be quite tricky. Trading Futures is risky, and you could get liquidated.

3. Will you be sticking to Binance for this particular trading challenge?
Yes. I would be sticking to Binance Futures for the foreseeable "future" (get it? Lol)


A couple of months back, I saw a trader's story (not here) turn it's $1,000 into $100,000 in 3 months, if I remember correctly, from playing in crypto and in stocks. It could be true of just made up because the strategy and the account/s wasn't made public.
That's a fantastic story, though. I hope that could happen to me. Let's see my progress in the future.



@crwth I've always considered gunboat but never managed to work out how reliable it was for a good trading strategy. Licences seem quite cheap though but even the best trading strategy can liquidate everything in futures trading with a big crash(l (normally because ethe exchange can't process stuff in time). Are you able to set a risk tolerance so it only trades 25% of funds at a max of 25x for example?
It's a good investment, especially if you have a trading strategy that you want to automate. With all the various indicators and capabilities of Gunbot, it can surely accommodate whatever you need when it comes to trading. The community is open to suggestions as well if you need a specific indicator or feature that would improve trading.

You could set 25% of your capital as your TRADING_LIMIT. So for every trade, it would use 25%. For the leverage side, it's on the exchange side, so you set it manually. For other exchanges like Bitmex, you would include Leverage as a function. Almost everything can be automated like the addition of pairs with a specific volume etc. It can be done. I would be happy to assist you if ever you are interested. 
jr. member
Activity: 34
Merit: 1
A couple of months back, I saw a trader's story (not here) turn it's $1,000 into $100,000 in 3 months, if I remember correctly, from playing in crypto and in stocks. It could be true of just made up because the strategy and the account/s wasn't made public.

#ProofofTrade or it didnt happen. Using API keys allows us to broadcast trades directly from the exchange, in real-time, using messaging apps. tokenbot.com
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory

A couple of months back, I saw a trader's story (not here) turn it's $1,000 into $100,000 in 3 months, if I remember correctly, from playing in crypto and in stocks. It could be true of just made up because the strategy and the account/s wasn't made public.

I saw some stuff like that before as well, they normally end up getting rekt.. I saw a guy who, using Robinhood, went from $5 to $700k and then went back down to $40... Futures trading is risky.



@crwth I've always considered gunboat but never managed to work out how reliable it was for a good trading strategy. Licences seem quite cheap though but even the best trading strategy can liquidate everything in futures trading with a big crash(l (normally because ethe exchange can't process stuff in time). Are you able to set a risk tolerance so it only trades 25% of funds at a max of 25x for example?
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
Good start!

Few questions:
1. May I ask what your target profit is here?
2. Are you planning to set up a pool for community trading too?
3. Will you be sticking to Binance for this particular trading challenge?

A couple of months back, I saw a trader's story (not here) turn it's $1,000 into $100,000 in 3 months, if I remember correctly, from playing in crypto and in stocks. It could be true of just made up because the strategy and the account/s wasn't made public.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Current Balance as of Dec 27, 2020

Invested: $2535.02
Current Capital: $2735.37459
Profit: +9.5871%

________________________________________________________________
Date
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
It has been a while that I have done this again. This is my old topic about Trading Challenge. I believe that it's the strategy that I'm using for the exchange, BitMex, is not effective during that time. So now I'm going to try this again with a different exchange with a different strategy.

Now, for this challenge, I'm trading now in Binance Futures I started with $2000

I am now using a different trading strategy from before and it is Market Maker Strategy with Gunbot Ultimate

I started a week ago and I made sure that everything is air-tight with the settings.



As of December 28, 2020

Start Date: December 10, 2020
Start Capital: $2000.7
Total Invested Capital: $2535.02
Current Capital: $2735.37459
Profit: 200.359036 USDT
Profit %:+9.5871%



Binance Dashboard



Current Positions in Gunbot GUI:





This is possible because of Gunthar and https://gunthy.org. If you guys are interested in this type of tool for trading, don't hesitate to message me for more information. I would be willing to help you guys out.



*Disclaimer: Futures trading is dangerous and you could get rekt easily if you have done it incorrectly. Make sure to strategize and know how you are going to trade and make sure you implement it.
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