I'm sharing my trading system since many of you have been asking me.
I trade on 3 accounts.
My total capital is 15k, allocated as 3k-6k-7k.
HOW THE SYSTEM WORKS
All trades are short - cross - no SL.
On account 1, short 60-70 coins - volume 50 (TP 5$).
If account 1 is down 20% (value excluding leverage), account 2 opens a trade - volume 50 - (TP 15$).
If account 2 is down 30% (value excluding leverage), account 3 opens a trade - volume 50 - (TP 25$).
On account 3, if it hits a -30% loss, we will DCA early once with volume = current trade volume.
SYSTEM FILTERS
On account 1, short 60-70 coins.
On account 2, only allow 40 coins (meaning if there are 45 coins in the green, only take 40 for shorting).
On account 3, only allow 20 coins (take 20 from the 40 coins for shorting).
- ADVANTAGES OF THE SYSTEM
+ Low volume with unlimited loss tolerance.
+ Low volume means that the capital consumption ratio for a coin is low when down or when it increases x10, the loss ratio of that coin has minimal impact on the system.
+ Avoiding funding drain; if funding is -2/1h, it means 20-40$ loss in a day. Profits from other coins can offset this.
+ The funnel system uses a 3-tier filter, meaning even if 40 coins all increase x4, the system won’t collapse because tiers 2 and 3 limit the number of open trades.
+ Grid deployment on account 1 as most coins will reverse rather than pump irrationally.
+ If a coin surges and reverses, it means the profit after passing through 3 filter layers (after the coin increases by 50%) will be 45$.
+ Consistent profits at around 8-10% with a safety index of almost 70-80%.
- DISADVANTAGES
+ Long time to reach TP.
+ Daily profits are inconsistent.
+ Daily monitoring time is about 5-7 times due to high trade volume.
$LAB
#HocTradeCoin