I’ve been seeing a lot of videos lately with unregulated advisors talking about the imminent bull run in cryptos and I have a few genuine questions for the crypto educators and investors out there.
I’m interested to know:
What’s your strategy based on; what is the logic for why cryptos have to go up?
For example; I’ve heard cryptos are going to the moon; what does that mean?
Now, here’s a fact, the moon is 384,400 km away – does this mean that the strategy is based on the fact that the crypto will get to $384,400 because of this fact?
So if it’s going to the moon, why are people saying that it will go to $1 Million – what is this based on?
In relation to your trading strategy, do you have specific rules for when to enter, when to exit and how you are going to manage your positions?
How did you come up with these rules; do they show a high statistical probability of success based on automated backtesting?
If cryptos don’t rally, (i.e. there is no bull run), at what point will you get out and cut your losses?
And if they do rally, at what point will you take some profits off the table?
As a licensed Professional Trading Firm, we build automated models for all markets, including cryptos and trade based on statistical probability; in other words, we trade models with a positive expectancy.
If you have a strategy and you’d like to know whether it has a positive expectancy, we’d be happy to build and test it for you, or better still, teach you how to build it yourself in the Trade View X platform so that you can test it and optimise it yourself and trade with greater confidence.
Again, genuinely interested in hearing back in relation to my questions; not expecting you to give away your exact strategy, but interested in getting the conversation started around how you are, or aren’t using automation to trade cryptos and why.
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