BTC swing trade
Updated
Following only the calls on my LZD system since Feb and reinvesting the profit into a new position on the close/open opposite position calls, you could have turned 10,000 into 23,432 (minus fees on 14 total trades). Without compounding profit you would still have 74% profit on your total position.
It has some bad calls and the largest loss was two 12% losses in a row, but when it gets them right the profits can be huge. Last three calls could have been profitable if manually closed, but going by open/close on calls only, you would have three 0% ROI calls in a row (consolidation). Average profit on winning calls is 11.4%, and average loss on failed calls is 6%. It has about a 50% strike rate if you include calls with 0-1% ROI. If you only include calls with greater than 1% ROI and greater than -1% ROI the strike rate from February alone of this year (leaving out earlier dates because hit had some huge wins prior and very little draw down) the strike rate goes up to 63% with average ROI of 11.4. From February of this year largest loss on a single call was 12% and largest return was 30% on a single call. It is more sensitive than an SMA trend systems and can be used with other trend systems to minimize draw down even more. It has killed the bear market thus far.
System is long at the moment, and I am hoping for a drop to fill more orders at the marked horizontals. Price is consolidating with yearly low on volatility, so there will likely be some violent moves soon. So far I have opened 50% of my desired position. I am bullishly biased unless that call switches. This is a trend following system, so it lags significantly, but still catches the majority of every large move.
I will update if the system closes the long and opens a short (likely if we drop more than 3% from here). Risk management is still essential. I generally use a 2% stop on these and reopen if price returns to the open call price without a close/open opposite position call.
These are my own trades. They are provided for entertainment and educational purposes only.
It has some bad calls and the largest loss was two 12% losses in a row, but when it gets them right the profits can be huge. Last three calls could have been profitable if manually closed, but going by open/close on calls only, you would have three 0% ROI calls in a row (consolidation). Average profit on winning calls is 11.4%, and average loss on failed calls is 6%. It has about a 50% strike rate if you include calls with 0-1% ROI. If you only include calls with greater than 1% ROI and greater than -1% ROI the strike rate from February alone of this year (leaving out earlier dates because hit had some huge wins prior and very little draw down) the strike rate goes up to 63% with average ROI of 11.4. From February of this year largest loss on a single call was 12% and largest return was 30% on a single call. It is more sensitive than an SMA trend systems and can be used with other trend systems to minimize draw down even more. It has killed the bear market thus far.
System is long at the moment, and I am hoping for a drop to fill more orders at the marked horizontals. Price is consolidating with yearly low on volatility, so there will likely be some violent moves soon. So far I have opened 50% of my desired position. I am bullishly biased unless that call switches. This is a trend following system, so it lags significantly, but still catches the majority of every large move.
I will update if the system closes the long and opens a short (likely if we drop more than 3% from here). Risk management is still essential. I generally use a 2% stop on these and reopen if price returns to the open call price without a close/open opposite position call.
These are my own trades. They are provided for entertainment and educational purposes only.
Note
Because the call was nearly 3 weeks ago, I am keeping a close eye on daily closes, as a small move down here could trigger a short call.Note
Position filled. Waiting on the daily close in 19.5 hours to see if I get a close long signal. Will update then.Note
System called a close long/open short here. I already have a short open that is 2x my long position, so Holding both for the moment to see what happens here. If we break below 6k I will close my long and place a trailing stop on the short.The system will likely not call a new signal for several days, But I will update you when it does. This would constitute a 5.5% loss if you follow the signal exactly
Note
Still holding this longNote
Indicator just closed the short call with a 5% loss (as stated I did not take that short call)And has flipped long. Still holding my long from this same level. Will add to it on any dips from here
Note
This position is still open with an open Take Profit target at the moment. No change in position has been called yet.
Note
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