StasPetrovich

Testing a strategy of my own invention: "Improved Stop Loss"

The gist of it is this:
1. On a downward trend, at the upper boundary of the Bollinger line, I open a short position.
2. If the price does not go in my direction, I add margin twice, each time one level higher.
3. If the price continues to go against the trend, I buy bitcoin on the spot for the amount of the short position.
In this case, in the picture this morning, the position is at 83,000. Two resistance levels are visible at 83,500 and 84,500.
I buy bitcoin at 83,500.
At this point, the short and spot positions are balanced.
4. If the price goes even higher than 84500, I close the short at a loss
5. If the price does not reach the second resistance level and returns to a downward trend, I wait for a further fall and close in parts at 82000.

6. Bitcoin remains and waits for the price to rise to close at a loss.

7. The short after closing is either opened again or waits for a rebound to the upper Bollinger band and opens from there.

8. Bitcoin with this strategy is bought one position lower, down to 0) and will eventually work on the upper rebound.

Notes, tips)

Started making the second bot.

One will be for pump, the other for dump.

$BTC As soon as I announced the start of my investments in Bitcoin in connection with the drop of $250 on futures, the price began to fall
Hello, exchange! Maybe I was joking.
I announced it, but I won’t buy 😆😆

#AbuDhabiStablecoin Dubai is launching its stablecoin.
There are already a lot of these hard cryptocurrencies.
By the way, I'll throw in an idea.
We need to release a meme - stablecoin.
I propose - Piglet.
1 Piglet - 10 usdt

#ArizonaBTCReserve State of Arizona passed a law that, if signed, will allow 10% of pension fund and treasury funds to be used for cryptocurrencies.
In general, soon pensions will be paid in cryptocurrency.
Expect all those grandfathers and grandmothers at this casino exchange.
Trading will be fun!

As you all know, I have a short position with an entry point of 82.6 at minus $250

Today I decided to close half of it.

The released funds will be transferred to the spot.

It will create a balanced system, so wherever the price goes, the loss will not increase.

Then I will be riding the waves, selling at a higher price, buying at a lower price, and trying to reduce my loss 😐

Example of setting a price using a trailing stop when buying Bitcoin.

Trying to buy Bitcoin cheaper

Current initial price - 93582

Trailing stop - 93611

The price decreased, then began to reverse and hit the trailing stop, which by that time had moved to the level of 93578

At the level of 93578, we set a market order.

The market order slips, executing at 93634 - meaning we buy at a higher price than the entry point.

This may happen because the price has already reversed and is going in the opposite direction. And if the market order had been set immediately, the price would have been better.

The price also depends on how steep the candle is. If it is quickly going down, then the trailing stop will drop significantly further and we will buy cheaper.

What is the average execution price of an order?

The average price in this context refers to the weighted average price at which your order was executed.

Since this is a sell limit order (Limit Order / Sell), and it was executed at 100%, this means that your sell order for BTC at the price you specified or better was fully satisfied.

In the line "Avg./ Price" there are two prices listed: 94461.52 / 94399.1.

94461.52 is likely the price you requested or the best price at which part or all of the transaction was made.

94399.1 is most likely the actual average price at which your entire order was executed. It may differ from the requested price if the order was executed in parts at different prices within your limit.

Thus, the average price (94399.1 USDT) shows the average price at which your cryptocurrency BTC was ultimately sold.

I see a lot of interesting articles, but they all seem somewhat similar.

It's clear that they were written by AI.

I wrote an article with the help of AI as well.

It was deleted immediately.

What's the situation here with content creation by artificial intelligence?

#AirdropFinderGuide Binance asks how I find airdrops.

Do I need to look for them? Recently, airdrops have been giving some unclear tokens worth half a dollar, which initially rose to a dollar after listing, and then slowly died down to zero.

Or am I wrong and it is possible to earn well from this?

#TrumpTaxCuts President Trump said that the USA can significantly reduce – or even completely eliminate – federal income taxes as soon as the new tariff system is fully implemented.

Probably agreed with Zelensky.
Ukraine will pay.
Ukraine stands guard over democracy around the world.

The trading bot messed up at night while I was sleeping 😁

Usually, it places a limit buy order at the very bottom, but for some reason, it sometimes slips through and doesn't trigger.
Like here.

Now I'll have to climb this mountain and start trading from scratch.

But I guess I'll wait a bit longer because it looks like the price is about to go even higher.

What are the price predictions? 🤔

And there we will throw the dice!

What a beautiful candle the bot worked out! 🤪

If it weren't for the trailing stop, it would have triggered somewhere in the middle of the candle, but as it is - almost at the very top 🤑

The little boat is doing well, spending 50 bucks per transaction like an adult 🫣🙂

$XRP XRP is a good cryptocurrency 😁

Every day I write posts based on the task from the task center. For each post of 100 characters, 1 point is awarded. Today I wrote a post, but the points were not awarded. I thought maybe I miscounted, maybe I only wrote 98 characters. I corrected the post, added characters. Still no point! What's going on?!
I'm writing a second post 😵‍💫

In Brazil, the first ETF exchange-traded fund based on XRP is being launched. Gradually, cryptocurrency is infiltrating financial markets here and there, displacing fiat. Brazil has surpassed the USA.
I don’t understand, it seems like there are already 100 characters, but points haven’t been credited.
I just read more, or is it a change and it needs to be 100 words instead of 100 characters..
I see many informative posts, and they all look similar to each other - chat gpt writes

What are the predictions, where will the index go? 🤔

I have 1 word a day. What is needed to be able to guess 2 words a day?😊

Yes, I got it too!