[MAR.23] It is not easy to trust the trading bot!
2021.03.23 03:40
Hello this is Unicorn!
Recently, I have experienced 2 consecutive losses as below.
Although it is hard to see the loss, it is part of the trading.
We should know there is no strategy that wins 100%!
I have been trading ETH with my tradingbot via
tradingview and 3commas for about 3 weeks now.
I have realised that it is very difficult to trust the bot to operate my fund.
And this is why we need to really know how the strategy works
and backtest many times to see how it performed in the past!
Base on the backtest the strategy has been earning around +100% per year
and Maximum Drawdown is about -20%.
I am still earning 1~2% since beginning of March.
Quantpick experienced bigger lose today, but he looks really calm.
He says , strategy is 20%, mentality is 80%. Standstill and watch how it works!