As every Monday we look at the past week P/L to see if there's anything we need to look closely.
This post also includes updates about the bots.
I'm really happy with our fist collaboration via Zoom. We had people from all over the world. I enjoyed a couple of beers :)
I really appreciate all the people that joined from US. This is exactly what needed to be done.
Let's summarise the outcomes and the actions we captured.
Outcomes & actions:
1) We've got a Mirinda-US version that we are going to be testing to confirm it's actually working as expected. We need to keep an eye on the deals it's openi...
2021-02-09 20:55:53 +0000 UTC View PostUPDATE 1: added zoom call direct link.
Let's meet up online on Tuesday to work together on porting some bots from the database from Binance.com into Binance.us.
Hopefully we can get at least one member to join on Tuesday from US. If that's you, make sure you are logged into 3commas and hide your funds, email details, anything sensitive...be prepared to share a screen with a draft bot.
Guys, I need your help.
If you are currently using Binance.us and have managed to already create an “adapted” version of each of the bots from our database, can I ask you to share a comment below sharing the links?
I know many of you have already achieve some compatible versions, I just can’t remember who was it!
It’d be great to see if we can have a table with all of them.
If there were some small limitations we can still mention them but at least we can st...
2021-02-07 10:28:41 +0000 UTC View PostLet's mention the warnings first:
These bots are for testing, please only use the links to have a look.
I'm not using them to profit, I will be constantly changing the settings of them so I can't guarantee I'll be able to post every time I change it until the final design is settle.
The idea behind these two bots is very simple.
Let's say I have two tokens in my portfolio which I'm planning to hold long term:<...
2021-02-07 00:09:51 +0000 UTC View PostLast week we introduced a separated discord channel with all bots running. The idea is to make much more easy to find at all times which bots I’m running and the fundings assigned. I also include a few requirements like, if it needs a special tier.
I didn’t send the update article las week to see if this approach could replace the usual “bots update” weekly article.
I’m sending this poll now to get see how you feel about that. Do you want to keep the “bots running“ d...
2021-02-06 08:56:14 +0000 UTC View PostMany of you have been requesting having a FAQ.
I've been meaning to have one since we started.
So this week I did the following things:
Running bots is risky, I repeat it every half an hour every time I have the opportunity and will continue doing so: in calls, articles, updates, chats, everywhere I can!
If the market did something extreme and fully unexpected, reacting to anything like...."Biden says we are going to ban BTC" or "Elon Musk says he hates BTC"....you should expect to hold a red bag for a week, a month or even more!!!
When I say I understand that risk I mean it.
But...
2021-02-03 20:46:24 +0000 UTC View PostGuys, bots are risky and behave like mental if you look at them in the short term.
A piece of advice, don't look at what they are doing every 5 mins!!!
Leave them alone for a minute....for F$%^ sake! :D
Many new users with little experience invest **too much too soon** then they see 10% down and freak up and decide to close everything and cancel all subscriptions :D
To be a successful trader, investor, bot master...you must have proper discipline and control your emoti...
2021-02-03 11:54:00 +0000 UTC View PostAs every Monday we look at the past week P/L to see if there's anything we need to look closely.
I'll make another post tomorrow with which bots I'm running.
I'm setting up a smart trade for XRP potential pump. There's a group on telegram growing by tens of thousands of people each hour.
With Dodge and Gamestop, the new trend in town is very clear. People will start causing more financial riots organising pumps with groups of over a 100,000 investors turning any asset into a huge massive bomb of profit. 100% profits? no! that's nothing, get used to 1000% profit levels in a day.
So let's say you were holding...
2021-01-30 17:05:33 +0000 UTC View PostI'm getting some signals firing announcing high volatility which doesn't surprise me as the catalyst we had (Elon Musk) managed to move the short-time trend away from bearish. RSI is overbought on multiple timeframes. Big volumes buying, big volumes selling. Speculation is going mad.
There can be two possible outcomes:
1) Bulls win: we go straight over 42K in a few days, even 50K is doable.
2) Bears win: if this was just another dead-cat bounce and we go back where we were (...
2021-01-29 18:28:50 +0000 UTC View PostUpdate 1 (28/1/2021): Using the RSI to stop the bot and at the same time the sell signal from supertrend didn't make much sense. The RSI will fire many times before the uptrend is completed not allowing the accumulator to catch all the profit possible on the way up. I'm removing the RSI signal from this test. Alternatives: I could embed the RSI overextended in the implementation of supertrend so while we are still on an uptrend of supertrend it will fire alerts for pausing an...
2021-01-28 18:00:03 +0000 UTC View PostIf you want my answer, I'd say yes.
Benefits:
Executive summary: I'm not considering to close any deal at a loss for now.
1) I assess if there's still the chance of further drop to decide between wait more or add funds to some deals (check article on how to add funds)
2) I assess if there's still the chance of further drop to decide between do nothing versus adding more "max active deals" so the bot ca...
2021-01-27 14:33:29 +0000 UTC View Post
It's been an incredible month for the channel.
In the second month we went from 10 patrons to almost 100. About to get to 1000 subscribers on youtube and 500 members on discord. This is faaaaar higher from what I was expecting to achieve in the first year!
I want to take the time to thank you all for your support and all the help you've given me to make this channel little by little much better.
I have to say, many of the most successful videos and creative ideas...
2021-01-26 21:01:00 +0000 UTC View PostUpdate 26/1/2021 - First update:
As mentioned last week in "announcements" I'm currently testing some bots and I know some of you are getting excited just like me to see how good or bad are the results I decided to put a single article together with all the bots I'm testing.
I'm going to be updating this single article and adding updates to it so you will get an email every time I add something new to this article. I'm using the tag: "new bot test" so you ca...
2021-01-26 17:26:53 +0000 UTC View PostBTC is showing some signs of recover but we need to keep a close eye to the descending triangle. If this bearish structure manages to activate (below 30.5K and after confirmation) then we could see BTC drop to a worst case scenario of 19.5K. Breaking above the top level of the triangle will allow us to reach higher targets like 37.1K where there's a strong accumulation of historical volume together with strong area of support/resistance.
I hav...
2021-01-26 09:01:02 +0000 UTC View PostAs every Monday we look at the past week P/L to see if there's anything we need to look closely.
As mentioned last week I started testing the "BITCOIN BULL" signal last week.
I think I paid €1. It seems they have increased the price to €9 now.
This signal supports multiple BTC pairs and it captured my attention initially for two reasons:
1) it profits in BTC which is something many people are looking after. Instead of accumulating USD which keeps devaluating with time since...
2021-01-25 20:38:27 +0000 UTC View Post
Update 1: Apologies, I made a mistake on the grid bot video I published.
When you have two coins that are competitors (example: ADA and ETH), it is a good idea to have a grid profiting from the fluctuations for as long as they are still battling with each other.
But what is not a great idea is to trade them until one of them gets screwed. If that happened you will end up with huge bag of the looser coin.
As mentioned in the...
2021-01-24 21:31:00 +0000 UTC View PostIf you don't recall Rubena is our "Buy the dip" bot that we started when BTC was almost ~37K with the intention to buy a huge dip. The settings of these bot allows a deal to buy 17 orders below the entry price, and at the time we manually triggered the deal was targeting a last order at 19.9K
It's meant to buy more the more the price goes down. And that's exactly what it's been doing during all these red days!
As you can see in the image below it has accumulated so far...
2021-01-22 19:44:39 +0000 UTC View PostUpdate 1: formula had a mistake in how to calculate the total volume. IT should have used current_volume as pointed out in the comments. Thanks!
If you are using DCA trading bots for longer than a week you will notice some bad deals are well in the red.
Let's go with an example: let's say your last safety order got filled at negative 5% and now the deal is at a lost at negative 20% .
Notice: This is VERY high... 2021-01-21 20:52:07 +0000 UTC View Post
I've started paper trading a signal from the marketplace called BTC BULL (1 Euro a month) following a recommendation from a friend.
This is the link to the paper trading bot I'm using: https://3commas.io/bots/2429810/shared_show?secret=b9faefd453
Signal in the market place: https://3commas.io/market...
2021-01-21 13:57:43 +0000 UTC View PostI'm reducing the "max active deals" of katida from 10 to 2. For some reason these signals are firing very rarely these days and it's not worth deploying enough funds for 10 deals when it's only using maximum of 2 at the time.
This will make this bot reduce from 1000USD to 200USD the max usage.
I will give those funds to Amika or Aleksandro as mentioned in the previous update.
If you change the funding remember the update the name of the bot accordingly (from 1K t...
2021-01-20 21:02:00 +0000 UTC View PostBased on the current profits I'm seeing I'm starting to consider increasing the investment in Amika and Aleksandro. Why now? well we are on a dip. The dip may go further down, so consider deploying the extra funds on these bots gradually.
Fiera is very r...
2021-01-20 14:30:41 +0000 UTC View PostBTC is experiencing some weakness and may drop to lower prices, even 25K.
I'm personally keeping these bots running (same as 5 days ago). I'll keep an eye in case I want to stop them.
If you want to go more conservative, stop your bots now for at least 1 day. Pause the bots, DO NOT panic sell.
