HarshNotari

I created another extremely high-risk paper trading bot on July 8
So far, just 8 days since creation
And, the portfolio is up a whopping 44% 🚀
It has a 60% win rate so far
I will wait and watch how it reacts when the market is not in a favorable condition.
Let's call it Money Machine 2.0

Spent the last few days staring at 500+ trades from the Money Machine bot, trying to solve one problem.
Testers had a common feedback: a single loss wipes out 4-5 wins.
Everyone's first instinct — mine too — is to shorten the stop loss.
That's the trap.
Tight SL means wicks take you out before your thesis even plays out.
You don't fix the losses, you just kill your winners too.
Took days of going through the data to find an SL that does both.
Deployed it last week.
No idea if it works.
We follow FAFO and let Paper trading do its job.
I know I'm delusional thinking this bot will be my mone

The Money Machine bot gave a big sample size of 500+ trades
The problem was with our exit that drained the portfolio
I am pulling all-nighters to fix the exit strategy
Tested 11 configurations so far, and here are the result

We're not far from the Bitcoin bottom.
Most of the drawdown is done and dusted.
But that doesn't mean the bear market is over.
What harms traders next isn't lower prices, it's the consolidation phase.
The phase where everyone gets bored.
The phase when the price action turns painfully slow.
Once everyone gives up, the bulls take charge.
Volatility returns. Bitcoin rallies when no one expects it to.
Bull markets always start with a hated rally.
Look at 2023 — chopped between $25K and $30K for months while everyone called it dead.
Then it skyrocketed. 🚀

The Money Machine bot is struggling with its biggest drawdown ever.
The PnL dropped from $4,100 to $1,761.
I am working on the fix.
This is why I stuck to paper trading and did not risk real capital yet.
I hope I am able to revive it.