Cryptocurrency Algo Trading Results: +125% with up to 22% DD in 3 months – My Trading – May 21, 2024
As my robot was gradually taking profits during the recent cryptocurrency correction, unfortunately it did not reach the minimum loss level that would allow me to increase my risk according to my capital management strategy. And after Ethereum’s big move yesterday, the maximum historical gains have been significantly updated. It’s a shame this didn’t happen in the new danger level, but it’s great anyway! In just a few hours, the robot 1276$:
Current trading results (see monitoring) are as follows: You get a profit of 125% with a maximum drawdown of 22% in 88 days.
A common concern for investors is that Binance does not display trading history longer than 90 days when monitoring.Probably because few accounts are maintained for this long…)So I saved the screenshot for memories.
As is usually the case after such a sharp market move (and the resulting sharp rise in robot profits), we expect consolidation and subsequent declines, which will hopefully lead to increased trading volume.
I will withdraw all profits above 5000 from my account to ensure that the relative risk remains at the lowest level defined in the risk management policy (0.6 lots per 1000 balance).
