Hi Michael but see what happen when you modify properties as you suggested: order size 100% of equity, commission 0.1%, slippage 3 ticks….. what a mess
But if you look at these strategies they loose almost all short trades, their success comes simply from the historical fact that BTC ultimately goes up. If you look at the success on the BTC CME it's substantially less successful because the chart doesn't go back as far. If you look at its success on any other established currency they fail. So these strategies can only be relied on for as long as you believe that BTC is an up only dynamic. And you should change them so they never short other than to exit a long.
Yes those strategies are examples of strategies which make money - to open people’s eyes to them because most people actually lose money in crypto. And yes I would never automate shorting :) My goal is to make people aware of strategies which have a buy and a sell signal because this way one can make profits and protect the downside as opposed to HODLING. But yes, there are better strategies out there, which don’t short, protect the downside more and are overall winner more often. But those usually are not free. Hope it makes sense :)
Pro? Haha, 30 trades (which is not statistically significant) and 700k%? What is the leverage? If the dropdown is 15%, max leverage would be x6 with 100% investment. Real Pro call it as overfit for a numbers. I would never trade with it.
You forgot that this exact same strategy works on hundreds of crypto assets with 0 changes and that it's "trend following" strategy which trades seldom by design (this is why it makes money for 6 years already). If you want to see more statistically significant numbers, simply apply the strategy on hundreds of cryptos and then see how it performed to overcome he "not enough trades" you mentioned above. I did that and I'm convinced. Hope this helps. But keep in mind, if you like higher frequency trading, anything I say will not convince you. Same as high frequency traders cannot convince me that it makes sense. And that's cool. It's simply a different mindset.
It's a nice strategy but since 2018, on BTC/USD 1D, it made only 416% profit. The Max Drawdown is nice with approx 12%. Not bad. My strategy made 2900% profit with 15% Max Drawdown during the same time. I'm not saying this to brag, just to be able to compare to sth.
Hi Michael but see what happen when you modify properties as you suggested: order size 100% of equity, commission 0.1%, slippage 3 ticks….. what a mess
Great video, learned a lot. thanks for sharing.
Thank you
And how are your real results or do you only profit from selling your courses as well as many others? I am just interested, No offence 😅
But if you look at these strategies they loose almost all short trades, their success comes simply from the historical fact that BTC ultimately goes up. If you look at the success on the BTC CME it's substantially less successful because the chart doesn't go back as far. If you look at its success on any other established currency they fail. So these strategies can only be relied on for as long as you believe that BTC is an up only dynamic. And you should change them so they never short other than to exit a long.
Yes those strategies are examples of strategies which make money - to open people’s eyes to them because most people actually lose money in crypto.
And yes I would never automate shorting :)
My goal is to make people aware of strategies which have a buy and a sell signal because this way one can make profits and protect the downside as opposed to HODLING.
But yes, there are better strategies out there, which don’t short, protect the downside more and are overall winner more often. But those usually are not free.
Hope it makes sense :)
It does. I don't suppose you could point me in the direction of some of those better albeit not free strategies? Would be very helpful!
@@onceuponarob well I do offer my own strategies if you want to check them out:
autotrading.vip/
Pro? Haha, 30 trades (which is not statistically significant) and 700k%?
What is the leverage? If the dropdown is 15%, max leverage would be x6 with 100% investment. Real Pro call it as overfit for a numbers. I would never trade with it.
You forgot that this exact same strategy works on hundreds of crypto assets with 0 changes and that it's "trend following" strategy which trades seldom by design (this is why it makes money for 6 years already).
If you want to see more statistically significant numbers, simply apply the strategy on hundreds of cryptos and then see how it performed to overcome he "not enough trades" you mentioned above. I did that and I'm convinced.
Hope this helps.
But keep in mind, if you like higher frequency trading, anything I say will not convince you.
Same as high frequency traders cannot convince me that it makes sense.
And that's cool. It's simply a different mindset.
TK Cross > EMA200 Strategy is the way to go.
It's a nice strategy but since 2018, on BTC/USD 1D, it made only 416% profit. The Max Drawdown is nice with approx 12%. Not bad.
My strategy made 2900% profit with 15% Max Drawdown during the same time.
I'm not saying this to brag, just to be able to compare to sth.