Automated Trading Challenge - Profit at $1,188.91 - Profit 36.5715% - 2 Months

[crwth]

This is the best performing day yet with the bot. Had around 38 USDT profit in a single day. This puts us at an 8.93% cumulative profit and loss percentage.

I had deposited 427 USDT for additional capital to make more room to DCA the XMR bag. The average entry price is around 143.79. This puts us close to the lowest low in the last weeks. Maybe it will reach that support line of 142 soon.


Updated the OP with the current stats.

[crwth]

Currently, the trading range is around 166.473 and 156.63, which are my support and Resistance. In my chart, the current prices are below the EMA (22) that is plotted. That's just the first range, but the second support I want the price to break is around 152. So it would possibly continue to go in a downtrend. The chart is for the USDT-XMR pair in Binance Futures. My current bag, lol.




I have updated the OP with the following positions and profits. We have reached a profit of 200 USDT after 19 days! This is a great start. Hopefully, we could see the fruition of this experiment.

[VanityWallets2015]

I'm into future trading on Binance too but for me it's really hard to understand at first and my balance was wrecked in just a matter of minutes.
Are you giving your positions for free? This is really great I think I should be following you for a while those gain of yours are pretty decent amount.
I'm not familiar with Gunbot was that a free Bot or we need to pay in order to use it?

[crwth]

Updated the OP. Current positions are shown in the picture below.

I'm into future trading on Binance too but for me it's really hard to understand at first and my balance was wrecked in just a matter of minutes.

I'm really sorry for your loss. You shouldn't dwell immediately when dealing with Futures trading because it's a risky market when you have limited tools to use with.

Are you giving your positions for free? This is really great I think I should be following you for a while those gain of yours are pretty decent amount.

I don't hold positions because my strategy is with market making. So I produce a lot of volume in a matter of minutes in trading. I cannot share any position because it's not a swing trade. I could give you a list of my profitable pairs if you like. It's profitable in a sideways market and even more profitable if you are in the right position (Long/Short).

I'm not familiar with Gunbot was that a free Bot or we need to pay in order to use it?

Gunbot is not free. It's a trading tool with a one-time payment fee. It's not a subscription and it's not a cloud service. You install it on your computer and you run it at your own pace. I would help you if you want to set it up.

[crwth]

I have noticed that once I had deposited a larger amount of money (for the compounding balance effect), it had started to become steeper and my average daily profit now is 11 USDT per day. This is the average since the start of this experiment. You could see the start of the steeper line after the red markings in the graph. Look at the image below.



This is somewhat expected, but at least there's definite proof of the compounding effect. And the initial goal right now is to reach $5000 and then $10000.

[crwth]

Happy! Happy new year everyone! Great start for the year. As we have started this challenge, it was a long time position but now, the XMR has finally been removed and it provided a good profit. Not bad for the start of the year, hopefully, continuous throughout 2021. Let's see how the market will turn the tides. If Gunbot can continuously make a profit in this volatile market.

I withdrew 25 USDT for the expense cost for the VPS. This will be a monthly plan so I will withdraw monthly as well for the expense. At the end of this month, I will make sure to withdraw something for myself as well. Lol.



Current positions are

• USDT-XLM : Short
• USDT-ATOM : Long

[crwth]

If you have noticed, I have kept updating this thread without posting, and there's nothing significant to share before. With the recent volatile market of BTC, we have closed a couple of trades, and we have profited 12.624 USDT per day for 26 days. I'm thrilled with the result and the position that we have right now. As long as we keep our positions safe and away from the liquidation points, we can continue for a long time. This is still the main objective of this experiment to stay alive in any market condition.


The current situation with the Binance GUI.

[crwth]

After 30 days these are the stats below! I'm going to set it in stone for others to see.

Average Profit (USDT): 13.37601807

Profit (USDT): 401.280542
Days: 30
Profit %: 17.8132




Any ideas guys on what could this more interesting? Especially to others who are trading as well and might have a collaboration with it or something? I'm thinking of different ways that could be useful for others to see other than these results. Just post here guys!

[crwth]

Additional data for those who are curious. Below are the pairs that I have running and their corresponding profit. Check the info below.



I noticed that even if you have the best win rate, it doesn't necessarily mean that you would get the same results. Looking at XLM, it has the best winning days, but the average daily profit is lower compared to COMP. What I'm thinking right now is that are there better pairs that could generate better profit? Upon arriving at these terms, I think I'm going to continue to let it run for two months. This will be 60 days, and then the one with the lowest result would be eliminated. I think this would be a great game show. Lol.


These are all after 32 Days of being traded. The data has been collected using the Binance GUI. It's basically an overview of each coin that was traded over the past 32 days.

USDT-XMR


USDT-VET


USDT-XTZ


USDT-ADA


USDT-ATOM


USDT-COMP


USDT-XLM


USDT-DOT

[crwth]

It has been a while since I've posted, I will just give some brief updates.

The balance right now is at $3062.710434
The total invested balance is $2509.364164

Right now, the current position that I have is USDT-DOT. The bot got caught in a short and led to that multiple highs.

Currently, the average entry of the position is 9.6853. The price right now is 17.40. I'm thinking of adding additional balance for further averaging out of the position. Hopefully we can get out of this alive and I hope no more pump will happen.

[crwth]

I will show the results on multiple day bases. So currently we are at an incredible pace with the profits. I am currently averaging 14.49 USD. Definitely not bad.

I still have the current DOT bag that I want to hopefully get rid of soon.  It's like the XMR bag. Hopefully, it would dump soon. I haven't had any capital left to safely DCA it. Right now, I'm currently hoping that it would dump close enough to be closed in profit. Let's see the results.

I have updated the OP.

[crwth]

For the month of January, below are the stats for the bot.

Total Profit: 560.47766757 USD
Total Loss: 0.00000000 USD
Net Profit/Loss: 560.47766757 USD

Cumulative PnL for January: 15.2813%

Winning Days: 31 Days
Losing Days: 0 Days
Breakeven Days: 0 Days
Win Rate: 100.00 %

Average Profit: 18.07992476 USD
Average Loss: 0.00000000 USD

Data from Binance Dashboard for the month of January.



Cumulative PNL




I have updated the first post as well.

[MrCryptHodl]

Hello ! How are you ?

Interesting strategy, I'll take a look at this, I do spot trading normally, recently I have been experimenting with Binance Future, very good gain but little as quickly brought losses if we do not manage well.

[crwth]

Reached 60 days and still kicking! The only position left is still DOTUSDT. Been holding this for a while now and I hope we can get rid of this bag sooner or later.



The Average USDT per day is: 17.68517985

An increase from 13.37601807 to 17.68517985

A 32.22% increase from last month. Hopefully this continues until a year. And then we can have a more conclusive result to see if it's the real deal.

Interesting strategy, I'll take a look at this, I do spot trading normally, recently I have been experimenting with Binance Future, very good gain but little as quickly brought losses if we do not manage well.

You would really need to take a good look with your strategy when it comes to futures market. It can really be brutal and you can get rekt a lot if you don't do proper cutting of losses, etc. Maybe you can utilize Gunbot in your trading. Let me know if you are interested.

[Dabs]

Do you have an update on this? I sent you a PM. Thanks.

[crwth]

Do you have an update on this? I sent you a PM. Thanks.

I have transferred the funds to the spot market making sure that I can just leave it and choose coins that I want to HODL. Not using the same strategy though. Just using the spot grid strategy and just automate continuously.
 


I replied to your message now. Thank you for PM-ing me.

[zennisimo]

Sorry for replying to this old topic but I'm curious to see if there was any results to share for 2022 and 2023?
So, any updates with the grid strategy? Do you still use it or did you adjust it?
Thanks!

[crwth]

Sorry for replying to this old topic but I'm curious to see if there was any results to share for 2022 and 2023?
So, any updates with the grid strategy? Do you still use it or did you adjust it?
Thanks!

No worries. I'm planning to post a new one for this. I'm just trying to find the right time to set it up. Would you want Grid Strategy to be the main one? I'm looking for multiple strategies that could probably be helpful in the long run. That's my target. Set and forget type.