[25.06% PROFIT] Automated Trading Challenge - Starting out at $1000 at $1270.6

[crwth]

Time for a new challenge! I'm back with another exciting trading adventure, and this time, it's all about the Quanta-G strategy with Gunbot.
You might remember my previous experiments here ^[1][2] and I have been wanting to start a new one and share this journey with you guys.

Just a little background, Quanta-G^[3] is the strategy that recently became the top performer in a recent trading competition^[4] by the Gunbot community and I would like to test it out for myself and share with you guys. This strategy is made for the long-term and the type of "set-and-forget" type of thing.


Current Trading Details

Start Date: January 31, 2024
Start Capital: $1016
Current Balance as of March 20, 2024: $1270.6
Days of running: 49
Profit: $254.6
Trading Pair: FDUSD-ETH


Remarks:

• Just like any trading strategy, Quanta-G comes with its risks. I’ve chosen a stablecoin, one of the top 10 in CMC for the long term, and have properly set the strategy to minimize potential downsides with a $1000 capital, like significant price drops​, etc.
  
• I would update daily or if ever and there are some significant updates with what is happening

Dashboard







References

[1] - https://bitcointalk.org/index.php?topic=5210265
[2] - https://bitcointalk.org/index.php?topic=5275774
[3] - https://marketplace.gunthy.io/for-gunbot-core/spot/quanta-g-type
[4] - https://www.youtube.com/live/b97SCbzXsfA?si=K6GDTMux98SRe_Mo

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[crwth]

Challenge Changes:

XRP to ETH pair Post - https://bitcointalk.org/index.php?topic=5481549.msg63590547#msg63590547
Trading Pair: USDT-XRP
Start Date: January 14, 2024
Start Capital: $1000
End Capital: $1014.82
Days of running: 17 Days

[crwth]

An update after 1 day. A profit of 4.07 USDT was realized. Good trades were made. Total of 18 Trades, 11 buys and 7 sells.



We're currently waiting for the market to give us what we want.



Off to a great start!

[tortic25]

Very interesting, you said it's risky, can you tell me what your overall success has been with automated trading?

[crwth]

Very interesting, you said it's risky, can you tell me what your overall success has been with automated trading?

I have been continuously automating my trading after I got here in the forum and explored my options. When I got the hang of Gunbot, I can say that it is successful, especially in the spot market. 

[cakravothy]

what is use application automated trading.
use binance or use another application to trade in binance.
but i see you screen shoot not use trading in binance

[Yamane_Keto]

Very interested, bookmark this page and hope to see more updates.
$4 a day is a very good amount starting from 1000. I will see how things go for you and then I will download the strategy and try it.

what is use application automated trading.
use binance or use another application to trade in binance.
but i see you screen shoot not use trading in binance

app is Gunbot with .gunthy integrated strategy, you just need Ultimate license level and download gunbot.
gunbot is a trading bot to automate processes and hence you need to include API to your trading platforms.

[crwth]

what is use application automated trading.
use binance or use another application to trade in binance.
but i see you screen shoot not use trading in binance

As indicated in the first lines of this post, it is Gunbot. That's not the challenge here though, as you can see I have been using it for my previous challenges. Once I have gathered a lot of more days, I would use the PnL dashboard from Binance. It's better that way IMO.

Very interested, bookmark this page and hope to see more updates.
$4 a day is a very good amount starting from 1000. I will see how things go for you and then I will download the strategy and try it.

Yes you can try it out and possibly rent out monthly, yearly, or lifetime if you want to test out your strategy. You can really do a lot of things with it and the community is very open to contributions. Let's see in the long run.

Thank you as well for answering cakravothy.

[crwth]

Current PnL Statistics:
The market is not that easy right now and the previous days weren't as profitable. Let's see in the coming days.




The Current Trading Chart

[crwth]

Current stats:

Number of Trades: 54 (32 Buys and 22 Sells)
Total week PnL: 8.6



Great trades and following the trend during the bearish part and great trades during the recovery. This is really a great strategy when you are accumulating and at the same time taking advantage of the market. It has an automated application whether you will HODL or trade or something.

[crwth]

Now the stats are these

Number of Trades: 75 (46 buys & 29 sells)
Cumulative PnL for the Month: 10.8

Currently having a hard time with the market and fewer trades are being done.

[crwth]

After trading for 17 days. I decided to change my trading pair from XRP to ETH. I would love to HODL ETH more than XRP. Since this strategy works in the longer term, I realized that I don't want to have a bag of XRP and rather have a bag of ETH, for the possibility as well of the ETH ETF. I would be using the profits gained from XRP to be traded in ETH now.

Starting Balance: $1016 (I included some dust balance and converted it into FDUSD in Binance)

Ending post for XRP


Same strategy, Quanta-G using Gunbot.

[muncuss]

Interesting. For now i use kucoin bot as i dont have money to create or subscribe dedicated bot. i wont use xrp anyway, in most time they have small volatility, not really desirable to trade. Changing to eth is good move. And the strategy can also react to different market conditions? very interesting indeed

[crwth]

Interesting. For now i use kucoin bot as i dont have money to create or subscribe dedicated bot. i wont use xrp anyway, in most time they have small volatility, not really desirable to trade. Changing to eth is good move. And the strategy can also react to different market conditions? very interesting indeed

How is your trading experience with that KuCoin bot? I haven't tried it. I agree that it's a good move because I don't think it can be a good long-term HODL for XRP. I remember the higher-ups there, who holds a lot, sold so many times and I don't think it's ok as an investor to invest in something the devs are selling to.

[muncuss]

How is your trading experience with that KuCoin bot? I haven't tried it. I agree that it's a good move because I don't think it can be a good long-term HODL for XRP. I remember the higher-ups there, who holds a lot, sold so many times and I don't think it's ok as an investor to invest in something the devs are selling to.

It is okay. I dont have any problem with the platform so far. Not really successful but it is mostly because i am still learning, finding what coin will better used by which bot. Also i dont use future and leverage so it is more challenging to get profit. But i do get some useful knowledge.

Planning to put some into rebalance bot to cash them in when btc break ath. And their newest bot, trend bot which is just moving average bot would be my favorite if it use more than half of the capital. It only use half of the capital which is limiting the profit. Martingale bot no idea as i heard it has bug. Grid bot probably great if used for semi stable big cap coin. Tried with high volatility coin as the guide said and it is my biggest mistake. Or maybe i setup it in wrong market condition as i created it in the beginning of bear market lol

[crwth]

How is your trading experience with that KuCoin bot? I haven't tried it. I agree that it's a good move because I don't think it can be a good long-term HODL for XRP. I remember the higher-ups there, who holds a lot, sold so many times and I don't think it's ok as an investor to invest in something the devs are selling to.

It is okay. I dont have any problem with the platform so far. Not really successful but it is mostly because i am still learning, finding what coin will better used by which bot. Also i dont use future and leverage so it is more challenging to get profit. But i do get some useful knowledge.

Planning to put some into rebalance bot to cash them in when btc break ath. And their newest bot, trend bot which is just moving average bot would be my favorite if it use more than half of the capital. It only use half of the capital which is limiting the profit. Martingale bot no idea as i heard it has bug. Grid bot probably great if used for semi stable big cap coin. Tried with high volatility coin as the guide said and it is my biggest mistake. Or maybe i setup it in wrong market condition as i created it in the beginning of bear market lol

Probably a lot of things can be done in that bot as well but you probably can't take advantage of specific and minute parameters that you can change in terms of the possible indicators that you could edit. For Gunbot, you can be precise in what you are trying to trade and the specific type of strategy you are planning to do.

[crwth]

Update:

It's so good that I have changed pairs because of the volatility and the increase in prices during the bullish market. After 10 days, Profited $39 and that is running 24/7 and it has accumulated so much. I'm really happy with the decision to change.

Check the dashboards below. This includes the Binance dashboard for those who are interested in checking it out as well.

[crwth]

Update now

We are really fortunate to see the market like this and the continuation of the trading challenge is good. The current value for CAGR (Compound Annual Growth Rate) is a staggering 229.45% right now and if it continues, that would be a great sign that we will profit more in the long term. The market is more friendly with HODLers and as the price goes down, we get to buy more and then sell higher immediately.

Currently happy with the current market.

[crwth]

After 2 months of uninterrupted trading with Gunbot and the Quanta-G strategy, it has now produced 254.6 PnL Trade Profit out of 717 number of trades with an average PnL of 0.355 USD.