Hi guys! This is Unicorn!
The cryptocurrency has been volatile over the last 2 weeks.
Bitcoin went above 58,000 USD and has consolidated to almost 43,000 USD.
And yet, we were able to see short term trend reversal for the last 4days.
Currently, I am only trading Ethereum with my trading bot.
This is due to the backtesting result of ETH outperformed BTC for the last 3 years!
Anyways, I was able to make small amount of profit today!
This is an hourly chart of Ethereum in tradingview of Binance Exchange.
The signal occured at noon and sold out at 10AM (GMT+9)
The bot sells at the exact same time whenever the signal occurs,
regardless of profit and loss.
This capital management technique is named Time-Cut.
The theory behind the time-cut is about intraday momemtum and mean reversal.
(These are the lessons taught from QuantPick, I am still a newbie here!)
The following snapshot is trading record in 3COMMAS!
Although it is not a big amount of profit,
all the process was done automatically and it is pretty fun to watch how it works!
TO THE MOOOOOOOOON!!!!
Alright guys! I will keep update my trading journey !
And reveal the secret sauce of trading bots gradually.
If there is any questions, leave comments below and I will try my best to help you out!
Have a Nice Day!