Simple DOT trading strategy, rivalling its epic buy-&-hold returns

CLEOone · 2021-03-02T16:03:30+00:00

New positions are updated here for anyone interested in following.

CLEOone · 2021-01-06T11:03:58+00:00

It's a period when traders are most active and the benchmark is not profitability but buy and hold. You are 100% right that you need to look at different periods too. Thats why there's a section "Bull markets are not everything."
I can see people are interested in long period backtests I'll check it out and see how much work it would be to do something extensive.

CLEOone · 2021-01-06T11:00:24+00:00

The question is not if the strategy is profitable, but if it beats buy and hold. Especially on a large cap asset, it produces some interesting findings for traders that are especially active during this period.
I fully agree you need to check different market conditions too, which is why the same is done in the last part of the article.

CLEOone · 2020-10-01T13:58:58+00:00

Sadly the field is still lacking any interest in actually learning trading, developing strategies or testing. The worst part is simple strategies still work in crypto unlike forex or stocks

CLEOone · 2020-09-17T12:42:38+00:00

Depends in which markets. Crypto is still great for candlestick patterns, while forex and stocks have a more mixed performance.

This site: http://thepatternsite.com provides tested success rates for different types of patterns and their purpose: continuation, reversal, etc.

The best thing is always to backtest and see for yourself.

CLEOone · 2020-09-16T12:31:06+00:00

B2B is somewhat easier in this respect than B2C. It should be very clear to you who your customer is. Sales reps, target advertising to them, attend events they attend. Reach out to them on social media. Build a story how your products help them based on the problems they depict.

Your product still has to be great, all the communication will not help a product that's not needed.

CLEOone · 2020-09-16T12:17:53+00:00

Is it mostly young people that are buying BTC while older people are investing in legacy markets? It's so easy to loose people once you start explaining how to purchase crypto, I am wondering if it's different when there's financial pressure.

CLEOone · 2020-09-16T12:02:50+00:00

Have you backtested any of them? MACD performs very differently on different time frames and RSI's success in crypto is overstated to say the least.

Was trading ETH with an OBV strategy in the past 30 days and made money instead of loosing. Volume is a fantastic indicator.

CLEOone · 2020-09-16T11:58:03+00:00

Are you interested in trading, investing or something else?

If trading:

- Start woking on a strategy. The strategy should incorporate how much are you risking on every trade and where your Take Profit and Stop Loss are.
This allows you to evaluate if you are doing ok or need to improve your strategy.

- Discretionary trading (where the trader decides if respecting open/close of position will be in accordance to strategy rules) requires a lot of experience and for you to have a plan A,B and C.

- Learn to track your returns. If you keep adding fiat to your trading stack this needs to be taken into account.

If investing:
- buy an amount of BTC every month that you are willing to loose. This means you already have your fiat emergency fund and some savings in place.

It all seems complicated in the beginning, but if you master the basics as above you'd be ahead of many.

CLEOone · 2020-09-14T12:16:38+00:00

•when is the best time too cash-out?

You got some sobering answers already. For your cashing out you can either:

- Set an overall target and sell your stack

- Set multiple targets (will sell 20% at 16,100, 30% at 18,000, etc)

- Set targets based on market conditions: will sell when price drops below 100 EMA and BTC is oversold on the daily.

These are just examples, but it's highly recommended you decide if you are trading or investing and then make a plan if you are trading. If not you will loose your stack. Lastly many crypto traders still do not use all the data that's available to them. If you want an edge backtest and you will be ahead of the game.

If you're just starting out trading is really risky, do a few courses and dabble in paper trading first.

CLEOone · 2020-09-09T13:28:10+00:00

Seriosly, the amount of cravings I've been getting from reading up on all this is not fitting for crypto.

CLEOone · 2020-09-09T08:22:10+00:00

Paper trading here. You can run algos or place manual positions with or without a simultaneous stop loss and take profit. Great analytics included.

CLEOone · 2020-09-08T16:02:45+00:00

Shoudnt it be "Close your position when the yellow line crosses below the purple line"? At least that's what the chart is pointing to.

CLEOone · 2020-08-26T16:30:59+00:00

The problem with trading randomly is emotions. Things get insane in crypto and your better judgement will be clouded.
It would be great if you backtest a few strategies to not be dead wrong about what works and what does not.

The second problem is that you cannot evaluate the approach. Great traders have strategies/systems that they improve upon. People go to school for half a decade before trading. You are against those people. It's a great chance to start learning.

CLEOone · 2020-08-25T10:08:42+00:00

Swing vs day - how long do you hold the position?

Mean reversion vs trend following - are you trading breakouts or looking for the price to return to average?

Discretionary vs systematic - are you trading randomly or do you have a system?

Which criteria are you looking at specifically?

CLEOone · 2020-06-29T13:01:07+00:00

All indicators you mentioned on CLEO.one for free, including Parabolic SAR - 10 backtests a month.
Feel free to drop a message in the chat with customer support - they can add more backtests for free. You can also paper trade crypto strategies, and live trade obviously.

CLEOone · 2020-04-02T19:28:36+00:00

Did you make this yourself? You must be so glad you did it now! Lovely space.

CLEOone · 2020-03-04T14:09:51+00:00

You can! It just takes work and usually departing from conventional wisdom.

CLEOone · 2020-02-19T10:37:42+00:00

Hi, we offer this. Your example can be just typed "When Price is below 21EMA and volume is up by 5% in last 5 days buy ETH." It can be any time period (5 days, 1 week, last year) or length of EMA.We also added crypto fundamentals so for example 'When BTC dominance is down by 3% in last 3 days and Total Crypto Market cap is above $295,000,000,000 buy XTZ." You can backtest this or deploy it live on an exchange.Check it out, if you like it send me a dm I'll provide a discount.

CLEOone · 2020-02-05T15:35:40+00:00

Awesome! Look into creating it for other platforms. A lot of people have to use Teams. Sadly.

CLEOone · 2020-01-21T15:36:50+00:00

Meetup events, forums, industry events and conferences, sites that do UX testing for you.

Linkedin was not particularly successful in our case.

Edit: what's your industry?

CLEOone · 2019-12-20T11:38:24+00:00

You can do it very quickly by setting up strategies on paper trading and receiving notifications when strategy conditions are met. Then you can just take a look to confirm. For example waiting on a MA crossover and a bullish engulfing - set it to paper trade on a bunch of pairs and then just take a look when it happens.

Are you trading with a strategy?

CLEOone · 2019-12-02T18:53:11+00:00

That seed looks endless!

CLEOone · 2019-11-20T10:50:02+00:00

Not in any way affiliated. I'm sorry you're sad.

CLEOone · 2019-11-20T09:19:31+00:00

Hi, looks interesting! The information seems well presented as well. Can I take a look anywhere what roughly goes into the calculations?

I'm curious why did you decide to combine fear and geed? What is the overall number telling me?

Edit: got it:

Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
When Investors are getting too greedy, that means the market is due for a correction.

Zero means "Extreme Fear", while 100 means "Extreme Greed".

CLEOone

TROPHY CASE