unleveraged

vip
Active for: 4.3y
Peak Tier 5
Small profits and then running, or holding on through big losses, are the worst strategies. Take profits that are proportional to your maximum acceptable loss. Give the grid enough time to continuously earn profits amid price fluctuations. Grid rule: Don't take tiny profits while risking liquidation. TP should match your max acceptable loss.
Why is the Master's result so different from the results of many followers?
We use the same grid and trade the same market.
The main reason is simple.
Many followers close the grid after a small profit, sometimes only 2 or 3 percent.
But when the grid has a large loss, they keep it open and continue waiting.
Small profit: close.
Large loss: wait.
If you repeat this many times, one large loss can erase the profit from many profitable grids.
If you copy my grid but close it after a small profit, your result cannot be similar to my result.
Do not close profitable grids too early.
Do not take smal
  • Reward
  • Comment
  • Repost
  • Share
Guys who are copying my short bot:
Averaging into the position is fine — that part is good.
But you’re doing it wrong: you set a small take profit and a big stop loss.
You need equal stop loss and take profit to have an edge in expected value over the long run.
  • Reward
  • 4
  • Repost
  • Share
LingnanAssetManagement:
Average position-building is fine—this part is okay.
But you got it wrong: you set a small take-profit and a large stop-loss.
You need to set the stops equal
View More
I’m glad to see you using my BTC short bot. You’re doing it right — average into the drawdowns, and I hope you’ve got enough capital to avoid liquidation. Keep it far away — I’m watching this closely. And your takeprofit for every bot is nonsense small. You need much more. I draw explain for you. Good luck
BTC-0.20%
post-image
  • Reward
  • 3
  • Repost
  • Share
NanshaOldLi:
Can robots also set take-profit and stop-loss? If you set them, doesn’t it just terminate right after? So I didn’t set them.
View More
#BTC  move not finished, but be safe
BTC-0.20%
  • Reward
  • 4
  • Repost
  • Share
GateUser-57f4cc91:
bull, awesome, I'll follow you in the future. Brothers, get in the car quickly 🚗
View More
  • Pinned