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)

Check out how the bot performs.
Every second, it crunches data, catching highs and lows, operating purely on makers, saving on fees, using stop-losses, and earning with minimal gains.

So, how do you think you can make bank in this casino, and do it big? 🤔🙂
#TankersUTurnOnPossibleHormuzReopening
$USDT

How could this slip through my fingers?!..\n\nEveryone's in Bitcoin since 60. There's a promise to not trade and hold until 120.\n\nBut no, had to sell everything at 65 as soon as the price jumped on the news about the deal with Iran..\n\nWell, now I bought at 66,500..\nI wouldn't be surprised if it nosedives right after this.

So, what's the next move?
#USIranDealConfirmed
$btc

Launched the grid. Waiting for the golden fish
#btc
$BTC

Friday!
Price is about to moon somewhere.
Gotta catch that..
#пятница
$BTC

I think I'm gonna stack some Bitcoin and hold off on trading until it hits 126.

Of course, there's a chance that the market makers might take it down to 50 or even lower, but you know how it goes - they can drop it to 50 and then pump it right back up. Patience is key.
But if you start trading and trying to guess the moves, you could end up getting wrecked.

For now, all eyes on the bot - let it grind out those small gains.
1$ from 1000$ a day
#btc
$BTC

Limit order for 100 fdusd at 63,371, but the price reversed at 63,367.

And this kind of thing happens all the time.
Can someone explain what's going on?

The crypto market is so weak that 100 fdusd acts as resistance?

#btc
$BTC

At 5 AM, when folks are still snoozing, ballistic missiles usually fly into Kyiv from Russia and Bitcoin's price shifts from Washington..

Oh right, Hitler bombed Kyiv on June 22, 1941
#btc
$BTC

So where's the bottom? 🧐🤔

Honestly, I'm cool with 70, just waiting to trade up to 125.

But I'd prefer 65 😊

Though, I've heard it could dip down to 35..

How can I effectively catch the reversal without missing the bounce above 70?

Strange thing.
I notice that the price usually approaches the limit order by a few pips, starts to hesitate... and then either reverses or breaks through and makes a sprint further.

But it doesn't just stop at take profits, it also halts before stop losses. Although, theoretically, my stop loss should get taken out without hesitation..

Looks like there's a glitch in the bot's algorithm tied to the account

#btc
$BTC

For the past 6 hours, the price has been practically stagnant, lines have been cast, the bells are silent, and the market makers are snoozing 😴
#btc
$BTC

Reading the news: Trump is set to make a final decision on opening the Hormuz Strait and wiping out nuclear stockpiles after the White House meeting.

I can't figure it out, is he gearing up for war, or is he just playing the market for Friday to manipulate crypto prices?

#btc
$BTC

Friday!
Market makers are rushing to scoop up as many bags as possible before Shabbat.

But the bot with the stop-loss doesn't care about your flips and price manipulations 😜

#btc
$BTC

Alright, let's hit 70, I'll buy back some Bitcoin and I swear I won't trade without a bot until it bounces back to 125! 🫡🙂‍↕️

Well, maybe just a little sometimes! 🙂
#btc
$BTC

At 77,395, the bot should place a limit buy order.

Ideally, only it knows about this.
Or does someone else know? What about the bot?

Is someone leaking our coordinates here? 🫤

#btc
$BTC

Bull trap.

First, a long, drawn-out sideways action..

Then, a sharp drop down.

I practically started selling right away, but they only sell at the price at the very end of the candlestick.

I set a limit buy order just 200 points below the sell price, but they immediately reverse the price and shoot up.

It feels like some kind of road scam, where one distracts while the other lifts the bag from the back seat.

#btc
$BTC

Who can explain to me what’s drawn here?

It's been hovering for 9 minutes before hitting the sell limit order.
Is this limit order a significant resistance level?)

The bot spotted a pump and managed to set up 3 market orders.

All three got sold at 76,895.2 😬

#btc
$BTC

So how do you trade with them when the price keeps hitting the limit and bouncing back?

Looks like we shouldn't wait for 70, but rather jump in now, hold tight, and not panic.

#TrumpSaysIranDealLargelyNegotiated
$BTC