Auto Bot Trading Awesome on New Updates
Before we get started I think it is best right now for you all wait until the weekend before connecting to the new copier. On Friday I will send you an update and to take a look at the current tests we are running. And then over the weekend you can connect and be ready to go on Monday.
This is a video recap of the note below:
I did some expanding today and have added the following instances to the platform.
We have the instance explained in the video Major updates to Calculated Returns named here as Instance 1.
Instance 1
These are the 6 pairs needed in your Market Watch,
USDJPY, GBPUSD, AUDUSD, EURGBP, GBPCAD, AUDCAD
Hours traded 11-14
- USDJPY, GBPUSD, AUDUSD (traded with favorable risk to reward) on from Monday - Friday
- EURGBP, GBPCAD, AUDCAD (traded with adverse risk to reward) on from Monday - Friday
I have added the following instances below today.
Instance 2
These are the 6 pairs needed in your Market Watch,
USDJPY, GBPUSD, AUDUSD, EURGBP, GBPCAD, AUDCAD
Hours traded 11-14
- USDJPY, GBPUSD, AUDUSD (traded with favorable risk to reward) on from Tuesday - Friday
- EURGBP, GBPCAD, AUDCAD (traded with adverse risk to reward) on from Monday - Wednesday
Instance 3
These are the 10 pairs needed in your Market Watch,
USDJPY, GBPUSD, AUDUSD, GBPJPY, EURJPY, EURGBP, GBPCAD, AUDCAD, EURCAD, NZDCAD
Hours traded 11-14
- USDJPY, GBPUSD, AUDUSD, GBPJPY, EURJPY (traded with favorable risk to reward) on from Monday - Friday
- EURGBP, GBPCAD, AUDCAD, EURCAD, NZDCAD (traded with adverse risk to reward) on from Monday - Friday
Instance 4
These are the 10 pairs needed in your Market Watch,
AUDCAD, AUDNZD, EURAUD, EURCAD, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPNZD, NZDCAD
Hours traded 3-5 & 16
- AUDCAD, AUDNZD, EURAUD, EURCAD, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPNZD, NZDCAD (traded with favorable risk to reward) on from Monday - Friday
Instance 5
These are the 15 pairs needed in your Market Watch,
USDJPY, GBPUSD, AUDUSD, GBPJPY, EURJPY, AUDCAD, AUDNZD, EURAUD, EURCAD, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPNZD, NZDCAD
Hours traded 11-14
- USDJPY, GBPUSD, AUDUSD, GBPJPY, EURJPY (traded with favorable risk to reward) on from Monday - Friday
Hours traded 3-5 & 16
- AUDCAD, AUDNZD, EURAUD, EURCAD, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPNZD, NZDCAD (traded with favorable risk to reward) on from Monday - Friday
These are the variations of Calculated Returns I am running.
I am running each of those instances on separate accounts to test out what are the best settings for us.
Good news. Instance 5 overnight looking awesome.
My money was on instance 5 performing best. Why? Because it is using a mixture of the USD pairs (& JPY) and non USD pairs. The USD pairs and non USD pairs tend to perform with an adverse correlation. By utilizing the best time for each of these set of pairs to run and with a favorable risk to reward I think it sets us up nicely for the strategy to run. Also, it kinda hedges us on days when one set (USD or non USD) performs better than the other.
That is not to say this are the most ideal settings (best set of pairs). Or an improvement of instance 5 such as adding into this mix an adverse risk to rewards trades between 11:00-14:59 (like how I clarified the time now).
Now that is only one day. Nothing to be too excited about. But in making the updated it is definitely the settings I thought would perform best. And we are not looking for 3-5% a day. An average gain of 1% would be outstandingly amazing and average gain of 0.5% would be a super great success.
Sooo over my head but I will resteem and upvote !
It is always new to us all at first :)
LOL I feel like an alien but I don't mind for now.
Hi @jordanlindsey,
Thanks for the steemit tip . I saw your video on bitconnect. Given the possible issues with July 31, is this a good time to consider investing ? Thank you
I am depositing more funds for sure on tomorrow. .
From 31st July to 3rd August 2017 there will be no interest paid. And no withdrawals or deposits can be made in Bitcoin. And no new loans can be made during those 4 days.
I look at it at they make sure everyone is protected during this uncertainty and I am thankful for that.
I've registered through your link and gave a $100 loan. Is there anyway to automate the reinvestment process ? Also could you share your excel sheet. Thank you
I wish there was a way to automate the process regularly but there is not. Has to be done manually. Write a comment on the YouTube video requesting the spreadsheet and I will respond with an email address and send it over to you. Along with the link to the compounding calculator site which is awesomely helpful.
Done thanks. I'd send it as a feedback to the developers
Great article on bot @jordan! which scenario could happen for eth after segelt is implemented for bitcoin? thanks for the answer and i am following you!
So do you think this autotrate is it legal completely?
For sure, auto trading is completely legit and legal - no debate about that at all.
ETH is conceptional. It has not proven itself yet as a technology. Could it lead to internet 3.0? Maybe. Will something better come along. Probably.
What ETH has going for it is the support of many large banks and companies. I think they want control.
After the Bitcoin Segwit I expect on overall pop in all cryptocurrencies as we are now seeing people are already adopting the change in a larger number than expected.
From your position of experience, Could you go into your idea of the segwit consequence? I am not wealthy enough for forex trading, but I am also not going to miss the opportunity to try and trade my way through the crypto exchanges to get there. Although advice comes with a price, I was just hoping you would share some thoughts on the differences in being a professional(full-time/part-time) day trader and what we are looking at for reporting taxes on crypto gains are they the same thing?. I am very new, and trying to keep up with the reading, while not letting this chance pass... is difficult. Any reading material or thoughts shared would be appreciated. Cheers.
I think the opportunity for buying the seqwit was late last week when everyone was selling out of fear. Always buy when there is fear and sell into euphoria. That being said the crypto sector is just beginning a boom and will see enormous growth over the next five years. There are no thoughts of selling and only buying any dips. We pay taxes on gains when we sell. Do not try to trade. Invest.
Thanks for your input, I appreciate it. And an important distinction, duely noted.
Getting caught up on this info from a previous invite a couple weeks ago.
Watching some of your vids now. Ideally, this is the kind of thing i'm interested in learning more about. So I appreciate the invite in the first place to learn more as I go. i have NOT had success trading this past year. if i sleep 4 hours a day and sit in front of a chart, I do ok. But still not great. So took a couple weeks off and just now getting back to learning something effective and less time consuming.
While you are learning and exploring what works best for you I highly suggest sticking to the higher time frames. You will have an easier time and greater success. This strategy is traded off of the 8 hour time frame. I suggest the daily or weekly while learning.