u/mahoganybroski

Algo did 6.9% this week on BTC/OIL/GOLD.

I’ll probably not post every Friday/weekend like I said, but just once a month.

I expect BRUTAL action on market open as there seems to a deal that Iran likes/is open to dealing to end the war.

New EA Live

First full week live with my own-coded EA (have demo for about 9 months) Planning to post every Friday; hoping to track progress and maybe weekly post on market sentiment.

Results attached (cent account, no idea why it shows as it does but broker (roboforex says it’s fine).

Honestly? A sluggish week. Tight ranges, low volatility—not much for the EA to chew at. 1.16% this week (day is still young) but expecting 5% really most weeks.

Hoping next week brings some real action.

It’s a hybrid grid based system and most successful strategy ever I’ve traded with next to no drawdown.

Grid trading has been by far the most profitable and safest strategy I’ve observed and personally traded. There’s a lot of confusion as to it’s risks and uses and I want to dispel them using my own algo.

1. Trending markets are bad.

No, in fact, they can be your friend. If the markets trend, your algo draws down, of course, but your potential profit is massive.

To cull the risk of a blow up, set parameters where your algo pauses and resumes after a certain time. The resumption should happen at the simulated price level. This means you don’t loose momentum.

2. They always eventually blow up.

Nope. Only when you haven’t accounted for black swan events and haven’t set up the steps right. Should be 3.5% -8.0% depending on the asset. Basket multi-asset accounts are the best because you basically cut your risk in about half. There are ways to fully calculate your risk exposure here, but not always.

3. My only mistake was not leaning in hard enough.

I would experiment with ATR (average true range) and others to make the grid bigger to minimise risk, but then I was just playing myself. I was also way too confident of using only ONE asset like eur/usd or ETH/USD and not experimenting with gold, oil, FX and others as a basket (biggest game changer for me). You can realistically compound and make a crazy return monthly as the top traders do, you just need to let the axe do all the word (proverbially of course).

Grid trading really is a great way to conservatively make good money, you juts need to stick at it and find your 'edge', whatever the latest buzzword for knowing what you're doing is.