u/Ill-Bridge-5934

Hi - I've started experimenting with algotrading and prediction markets. After about 2 months of learning and experimenting, I've gotten what seems to be a profitable bot for the BTC 1-day up/down market

The problem I have is that my losses are always 100% of my bets. That results in wiping about 3 days of wins. I'm ultimately profitable, but can't not think that there is a further optimization opportunity

So far, I've tried setting the stop loss on % pullback - e.g. -10% of entry price, -20%, -30%... but everything is worse than no stop loss

What stop loss strategies do you guys use and any suggestions for me?