Re: "HCP's ongoing experiment of the BotHIVE.io Trading Platform"™
Approximately one month on from my last update and the bot has pretty much recovered from the previous loss... so, that's something:
Took just shy of 2 months to recover that one (loss was around the 24th May)... Still 0.01286123BTC down (~34%) from when I started on "The Platform"™ (and ~0.075BTC down (~75%) on my original 0.1BTC "investment"!)
I shall ignore the account some more and see what it looks like in another month or so when I remember about it after one too many beers
Took just shy of 2 months to recover that one (loss was around the 24th May)... Still 0.01286123BTC down (~34%) from when I started on "The Platform"™ (and ~0.075BTC down (~75%) on my original 0.1BTC "investment"!)
I shall ignore the account some more and see what it looks like in another month or so when I remember about it after one too many beers
Glad to see you understood how platform works
A bit of Extra Stop to survive the stop hunting and a fixed Max Risk.
2 of the 3 loss you had with Aethon would have turned into big wins with at least 10% Extra Stop.
The reality is , leverage trading is a stop hunting game, while the IA finds the best stop, you DON'T have to share the same stop with it and other users.
As you have seen, when Bots lose, they lose by few dollars because whales know how these algorithms work and they try to fill with the stops , then proceed doing the trade.
That's why losses of AI are cyclical, when an algo has big liquidity because coming from a winning strike, it become a target.
Please consider splitting your capital between Manticore and the upcoming Kamaitachi bot, which fills with stops together with Arthur
