Is a 20% Annual Return good ? - page 5.

tabas

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Quote from: cryptobeestrategy on October 01, 2023, 08:49:06 PM

Quote from: tabas on October 01, 2023, 02:45:53 PM

Yes, that's an acceptable return but are you able to prove that it can happen to you through trading? How many times did you back tested that?

I conducted the backtest from 2018 to the present date in 2023, and on a monthly basis, it has consistently yielded returns ranging from 0.8% to 3%.

Nice, so that means that this is really backed up with real test and you've been doing that for so long. And the percentage that you're projecting is realistic unlike those that I have seen in other platforms that are unrealistic and looks like a too good to be true thing. And hopefully it goes well with your actual test with real money.

Quote from: cryptobeestrategy on October 01, 2023, 08:49:06 PM

Currently, I am actively testing it on a real account since September 15th.

You're nearing to a month within the next 2 weeks so I hope that it goes well for you and it's nice that you're answering the queries here and providing some clarity to how you've been doing that because most of the posts like this that everyone has seen before seems just like a bluff. How long do you plan to test this on real account?

BitcoinTurk

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

The annual earnings rate actually varies depending on the person's own wishes and expectations. To express my opinion, I think it is appropriate to earn an annual profit of 20% depending on the capital amount. The reason why I evaluate it depending on the capital amount is that there is not much advantage in gaining 20% profit with small capital on a unit basis. Of course, earning this amount as a percentage is a nice success but there is a big difference between earning 20% with a capital of 1,000 USD and earning 20% with a capital of 100,000 USD.

As I mentioned, if we need to interpret it as a percentage, a gain of 20% or more can definitely be considered quite sufficient because many investment instruments do not offer this much profit on an annual basis.

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If that applies to Bitcoin, that's high for me, especially if you put large holdings of Bitcoin in stakes or farming. I just don't know about other cryptocurrencies; if there is such a percentage given, are there any others? In these times, it is actually good to accumulate crypto assets.

So let's take advantage of the opportunity while we're still in a bear market anyway. Just save and don't stop until the bull run or the halving of Bitcoin. But how many years is this 20% that you say OP? Is it 1 year or more than 2 years?

TheSpiral

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Accept the return may be its smaller or larger because something is better than nothing and if you don't face any loss throughout the year and get 20 percent return then its enough for you which will increases with passage of time. But if you Loss 40 percent and get 20 percent return then your loss will be more than return which is not a true way of earning.

During some year the price become lower of all the coins and getting profit under such circumstances 5 or 10 profit is even more for you because all the time market is not higher to offer you outcomes that will based on your desire. Minimum percentage of profit will be more for you if you avoid yourself from loss percentage because if you Loss become equal to gain then it implies that your gain is also equal to zero.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Bro that's highly acceptable if you are capable of doing it. In the current economic crisis it is more than a blessing for you because most of the market is down run by uncertain collapses. It would come to our surprise if there is any financial brokerage firm, mutual fund products or any companies share would give such high returns. I'm wondering what sort of strategy you have built because you are on the roll with this return.

This take some serious skills to work with share market, tackle the crisis impact or maybe have indepth knowledge about the company to invest. Even though you have mastered it so that's big one.

The MF that I joined back in 2022 is minus right now with no guarantee of its recovery anytime soon. I can't even bother asking the agent why is that so because all he answers is it's economic crisis and things are not in favor. I definitely gotta see some one else to do this job. You are safely doing well this market, just keep up those returns.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

If you compare it to the bank, that's high because the bank only has a 1%–5% APY. But if the only investment you make is around $100,
you will not feel that $100 has grown. But if that is around 10,000 dollars and then it's 20% APY, somehow you will feel what you have grown because the profit is also around 200 dollars.

That's why the only people who do this in crypto currency are those who have large holdings in their wallets and are willing to hold their
assets for a year.

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Yes 20% is great but you most likely won’t get this every year even if it was possible in the past. Generally backtesting is never accurate because you don’t take into account slippage and liquidity. You will find that in real life you won’t get the fills you normally want and profits won’t be as high as expected.

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Quote from: cryptobeestrategy on October 01, 2023, 08:49:06 PM

I conducted the backtest from 2018 to the present date in 2023, and on a monthly basis, it has consistently yielded returns ranging from 0.8% to 3%. Currently, I am actively testing it on a real account since September 15th.

In other words, what you have done is a simulation of those five years ago until now, and for the last 15 days you have been testing it with real money. It would not be the first time that when testing with money the results are not the expected ones, besides, past returns (and even more if they are simulated) do not guarantee future returns. But supposing you are one of the few traders that get long term profitability, yes, 20% per year is a good return.

cryptobeestrategy

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Quote from: hd49728 on October 01, 2023, 09:02:33 PM

I want to ask you, 20% is a good rate but if it is a figure you get from back-testing (even one year backwards), it does not guarantee you will get a same APY when you are in actual trading with the strategy moving forwards.

I conducted the backtest from 2018 to the present date in 2023, and on a monthly basis, it has consistently yielded returns ranging from 0.8% to 3%. Currently, I am actively testing it on a real account since September 15th.

The way my strategy works is by averaging purchase prices. I buy when volatility is high, making it less likely to fail, all supported by the backtest. Of course, in real trading, anything can happen.

cryptobeestrategy

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Quote from: o48o on October 01, 2023, 04:30:16 PM

Anything that isn't taking bag down with the bear market is excellent results. On the other hand, with the bull market, if you are doing worse returns then just holding... Well results are obvious just by comparison, right?

Quote from: jeraldskie11 on October 01, 2023, 05:26:54 PM

For me, you will not only be able to reach 20% profit next year because the halving phase of Bitcoin will happen. We know from the history of Bitcoin that as long as the halving phase starts, after that, the price of Bitcoin will increase. It's a huge profit if you compare it to your annual income from the Bank.

It all depends on one's preferences and risk tolerance. Whether it's aiming for a 20% return over 3, 4, or 5 years, or the potential for a 100% return within five years, it's important to acknowledge the inherent uncertainty when dealing with assets like Bitcoin.

hd49728

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

20% APY is a good return rate and you do it naturally without joining Ponzi scheme. Terra collapsed because of their high APYs which failed to maintain when bankrun happened in May 2022.

I want to ask you, 20% is a good rate but if it is a figure you get from back-testing (even one year backwards), it does not guarantee you will get a same APY when you are in actual trading with the strategy moving forwards.

What will be your risk management if the 20% APY fails in actual trading?

cryptobeestrategy

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Quote from: Wapfika on October 01, 2023, 02:56:36 PM

But this acceptability on the percentage still varies on how much margin you are using because it’s useless to have 20% profit while the total profit in fiat value is just a penny.

Quote from: poodle63 on October 01, 2023, 06:37:18 PM

otherwise if its just thousand dollars gaining 20% a year, it will be just a waste of time in my opinion.

Exactly, it would work well with accounts that have slightly higher capital levels. But it's better than having it in the bank or staking, right?

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

More than acceptable. Anyway, that's still based on your capital. If you compound that amount without taking out your profit, it will yield a huge amount of money in the long run. As long as it's consistent, you should be happy with that. Even putting your money in a bank, which I consider safe, does not generate that kind of percentage, so yeah, stick with that.

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Quote from: _act_ on October 01, 2023, 02:17:30 PM

What some people consider as good return is to never lose a trade. Even if it is 1% and no loss, it is a good return. As for me, I will prefer at least 100% annual profit but it also depends on the amount of money that you put in it. The higher the money the lower you will want the risk to be and the more the lower the risks, the lower the return in percentage.

This is what is on my mind also.
You are already profitable here, especially if it is 20%, that's already a huge win. Just make sure to maintain it. If you manage to do it consistently, you can really be a profitable trader, you can just improve other things once you area already profiting this good amount, like increasing your capital, learning more different strategy or better risk management.
But overall, that's already a win for me

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

20 percent per trade in the short term is enough in my opinion. The aim of trading is to seek profits, whatever it is, even 1 percent if one trade is more than enough. Sometimes what makes trading a loss and a waste is greed, the desire to get more even though the market is no longer able to move in the direction we are going.

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Quote from: tabas on October 01, 2023, 02:45:53 PM

Yes, that's an acceptable return but are you able to prove that it can happen to you through trading? How many times did you back tested that?

Quote from: EFS on October 01, 2023, 03:53:01 PM

As for how you got the 20% return, I wouldn't trust any automated trading program. There is both winning and losing with trading. You have to accept risks first.

Quote from: jeraldskie11 on October 01, 2023, 05:26:54 PM

How do you know that you can make up to 20% profit every year in trading?

I conducted the backtest from 2018 to the present date in 2023, and on a monthly basis, it has consistently yielded returns ranging from 0.8% to 3%. Currently, I am actively testing it on a real account since September 15th.

poodle63

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good or not depends on the risk accompanied by this yield, if annual is 20% honestly thats quite low, but also need to observe the risk, if it doesn't expose your investment capital to the risk of losing it just because the market is getting red and bearish, then i guess you will be okay. but honestly spot trading, 20% gain for a whole year is miniscule, the only way to make it worth it is if you have big capital that at the very least allows you to earn quite the sum then it will be worth it.
otherwise if its just thousand dollars gaining 20% a year, it will be just a waste of time in my opinion.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

It's good. I say anything above your capital is good enough and can be considered as a success already, anything past that is just a bonus. Even more so if this was a stable annual return (which I doubt, but hey who knows), heck even a 10% stable return is more than enough to be called a success imo.

I'd say judge it for yourself still though, 20% may look small if your capital was small in the first place so you might not really feel it. Depends on how you feel about it, but with a smaller capital I'd rathe risk it for possible bigger gains.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

How do you know that you can make up to 20% profit every year in trading? I'm not sure if you backtested your strategy for a year or just a couple of days. If you backtest for one year, I can be sure that you will reach that level of profit. For me, you will not only be able to reach 20% profit next year because the halving phase of Bitcoin will happen. We know from the history of Bitcoin that as long as the halving phase starts, after that, the price of Bitcoin will increase. It's a huge profit if you compare it to your annual income from the Bank.

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Quote from: cryptobeestrategy on October 01, 2023, 02:04:59 PM

With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?

Acceptable to me, yes, acceptable to most people, yes. But only thing counts that is it acceptable to yourself. Anything that isn't taking bag down with the bear market is excellent results. On the other hand, with the bull market, if you are doing worse returns then just holding... Well results are obvious just by comparison, right?

But i have to say that you are setting bar pretty low with only 20% gains.

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