[Pre ANN] Autonomous and Reliable Trading Bots

[IESM]

Greetings to everyone

It is my first time in this forum, I would like to tell you about a project that I have been working on for 2 years and I would like to know your opinions and impressions.

The project is about the development of a bot to trade with cryptocurrencies, we know that currently there are these bots in the market, the novelty of our project are 2 characteristics, the first will be its autonomy to operate in the exchanges, it will not need the intervention of the investor to create a winning strategy and much less test it, and the second characteristic will be its Reliability, it will have the ability to create a strategy and carry out millions of simulations to test and optimize it.

How does it work?
We developed an algorithm that has the ability to learn from historical data (2 years of data) to detect patterns. The algorithm is able to configure a strategy that is subsequently tested by making small changes and evaluating those changes. We have the ability to simulate millions of strategies. per hour to find the most optimal one and deploy it on the exchanges, the preliminary results have shown us a bot that is capable of deploying successful trading strategies in 70% of cases with an annual profitability of 60%, operating in Spot and only in long, we are developing the short.

How many of you would like to have a bot in which you do not have to do anything, just acquire the platform and obtain a modest return for your money, the truth is that in the financial markets the only thing that is constant is change, for that reason The bot is constantly learning to adapt to the dynamics of the markets. We do not know how reliable the bot can be over time, but the only one that can answer that question is time.

Thank you for reading and I look forward to your comments on this matter.

[AB de Royse777]

How many of you would like to have a bot in which you do not have to do anything, just acquire the platform and obtain a modest return for your money, the truth is that in the financial markets the only thing that is constant is change, for that reason The bot is constantly learning to adapt to the dynamics of the markets. We do not know how reliable the bot can be over time, but the only one that can answer that question is time.

Thank you for reading and I look forward to your comments on this matter.

In short it's a trading bot. Why it is different than others who are already in the market. I am not a regular trader but I read there are already bots out there and at some point users lose their confidence. How will you solve this problem?

[SamReomo]

In short it's a trading bot. Why it is different than others who are already in the market. I am not a regular trader but I read there are already bots out there and at some point users lose their confidence. How will you solve this problem?

The type of bot that the OP is trying to promote is a AI based bot if I'm not wrong. But, I don't think that it's possible to earn any profits with such bots if someone doesn't have good trading plans or strategies.

Even if the bot was trained on the data of past 2 years it's still not possible to earn that much profit with that bot in long run. The OP is claiming that the bot can earn around 60% annual profits which is a claim that most people make when they try to promote their bots.

[IESM]

How many of you would like to have a bot in which you do not have to do anything, just acquire the platform and obtain a modest return for your money, the truth is that in the financial markets the only thing that is constant is change, for that reason The bot is constantly learning to adapt to the dynamics of the markets. We do not know how reliable the bot can be over time, but the only one that can answer that question is time.

Thank you for reading and I look forward to your comments on this matter.

In short it's a trading bot. Why it is different than others who are already in the market. I am not a regular trader but I read there are already bots out there and at some point users lose their confidence. How will you solve this problem?

ABdeRoyse777 Thank you for your comment, we can explain the disappointment of users with trading Bots due to a lack of transparency and honesty on the part of those who market the Bots.

To catch customers, Bot marketers offer results that most users will never achieve, therefore most investors end up disappointed. There is a very famous rule in trading, the 90/90/90 rule, 90% of traders lose 90% of their money in the first 90 days, that rule is not far from reality. In the traditional financial world, Brokers (Equivalent to Exchanges) are required to report unprofitable accounts, and the results are not encouraging and very close to the 90/90/90 rule.

To give confidence about a Trading Bot, you must indicate the reliability of the Trading Bot in a short period (it can be a month) and indicate the lifetime reliability of the Bot, additionally show the lifetime profitability of the Bot. We will solve it this way, being transparent and honest, showing real performance results of our Trading Bots. Logically, to gain customer loyalty, you must offer a Product that can show consistent results over time, otherwise the customer will be disappointed sooner or later.

[IESM]

In short it's a trading bot. Why it is different than others who are already in the market. I am not a regular trader but I read there are already bots out there and at some point users lose their confidence. How will you solve this problem?

The type of bot that the OP is trying to promote is a AI based bot if I'm not wrong. But, I don't think that it's possible to earn any profits with such bots if someone doesn't have good trading plans or strategies.

Even if the bot was trained on the data of past 2 years it's still not possible to earn that much profit with that bot in long run. The OP is claiming that the bot can earn around 60% annual profits which is a claim that most people make when they try to promote their bots.

Thank you very much for your comment SamReomo, this gives me the opportunity to explain a little more about the project.

In the Project we focus on solving the main problem when we trade in a financial market, and in this case the evidence is irrefutable, between 80% and 90% of Traders lose money, hence the famous 90/90/90 rule. , 90% of traders lose 90% of their money in the first 90 days. In most trading platforms it is the trader who configures the strategy to be deployed, the trader can use indicators, technical analysis, fundamental analysis, use back testing tools to optimize it by making small changes, however the result is the historically known one.

In the project we proposed the idea of being able to simulate the greatest number of trading strategies possible, for this we created a powerful backtesting engine with the ability to create trading strategies and test it, currently we can carry out millions of simulations of trading strategies per hour In data periods of 24 months, this far exceeds the capacity of humans to carry out these operations. Thanks to the backtesting engine developed, we can optimize the trading strategy to find a statistical advantage over the market and operate. This helped us increase the reliability of the system and today we can have winning trading strategies 70% of the times we operate. We know that markets are dynamic and different patterns are created for which the Bot does not recognize, to solve this the system is open to feed the database and make adaptations to the strategy.

Financial markets are chaotic systems, their complexity and randomness positions them as one of the most chaotic systems that exists, and therefore predicting their behavior is almost impossible in general terms, if for a bot with the ability to create trading strategies and make millions of simulations per hour to optimize it is difficult, as it will be difficult for a human being with his limited ability to create strategies and simulate them, in terms of computing a human being will never be able to beat a computer.

[SamReomo]

Your words are very convincing but still it's hard to believe that a bot like that exist. Can you kindly share some sample trades that the bot has executed with profit. I would also like to know that how this bot was trained and how it will work for the end user?

I'm not a fan of bots because a single huge crash that takes place in crypto market can totally destroy a bot. I'm sure you have heard about Terra Luna crash. In that crash the Luna lost 100% of it's value, the coin used to be $100+ in value and now it's worth less than $0002 in value.

If your bot is trained well but tends to make trades on such altcoins then there is huge chance of failure for a bot like that. If the bot is mainly trained to work on Bitcoin or a well known altcoin then it may work in some scenarios. If you're confident about your bot then kindly share with us some sample trades of the bot.