DCstar84

Put everything I've learnt building my trading bot into one article. What's worked, what's gone badly wrong, the fixes, and why I reckon every trader should try building one, even if it's just to see how emotional their own trading is.

GM! $BTC got down to just over 76k on Friday evening after the Binance hack and it's climbed back to around 78k over the weekend, $ETH's back up at 2.29k. Binance started reopening withdrawals yesterday and a lot went out straight away, $3.6bn net in the first 9.5 hours by their count. They say they've replaced about 95% of what was stolen with their own money. Their full proof of reserves was due today but it's been pushed to tomorrow, same day as the US midterms. Then it's the jobs report Friday at 1.30pm our time. I'm up on my Breakout accounts going into the week. The bot got stopped on a $DOGE short overnight and it's opened a $LTC long this morning. People need to be cautious this week I feel, there could still be small bits of blood before we push higher imo.

GM Rough one yesterday if I'm honest. Took a couple of L's on the Breakout account, market was carnage after the Binance news and I ended up on the wrong side of a couple of them. It happens, that's the game, take it on the chin and move on. The bot held up well through it all though, which I was made up with given how messy it got out there. While I was getting chopped about by hand it just ticked along and stayed out of trouble, which is exactly what the gates are there for. Says a lot really, more disciplined than me on a bad day. Right, that's me for this week. Touching grass, few Halloween bits later with the wife and kids, proper break from the screens. Have a good one whatever you're up to, catch you Monday <3

Got rinsed on this short, sorry guys

Looking to short $XPL. It's bounced about 15% off last night's low and it's heading back to the 0.079 area, where it's failed two days running. Yesterday's high at 0.0794 will have a load of stops sat above it, so that's where I want to be selling, at 0.0796. My daily bias is still bearish. The 1h has flipped bullish on this bounce, but that just helps get price up into those stops, my indicator's got that high down as the next sweep. Stop at 0.0812, 2% above entry, to give it room to wick through. First target's last week's low at 0.0706 for 5.6R, then last night's low at 0.0673 for 7.7R.

Got a short limit set on $LINK, not in yet. It had a strong run and swept the highs near 12 with a bearish SFP, then broke structure to the downside, so with my daily bias already bearish I'm only interested in shorting a bounce, not chasing it lower. Order's sat just under the previous week low around 11.24, looking to get short into 11.15 if price pushes back up into that resistance. Stop would go above near 11.32 so the risk stays around 1.5%, aiming for the recent low back near 10.32. Close to 5R if it fills and plays out. I'd rather let price come to my level than chase it.

$BTC dropped over 4k on the Binance hack last night and neither of my Breakout accounts moved. My last long, $CRV, stopped out in a small profit at 5pm because I'd moved my stop up, about three hours before it all kicked off. Bit of luck on the timing, CRV went on to drop over 20% from there. So I've come through it flat, with my main eval up 2.8% and the one I won up 3.1% in about 10 days. I haven't taken a real loss on either since the 22nd. On a prop account there's none of your own money sat on an exchange when something like this happens either, the most you can lose is the eval fee. Code DCSTAR84 gets you max discount if you fancy running one yourself.

Damn I wish this hit!

This ran without hitting my limit order so am cancelling them here. Lets see what tomorrow brings.

Short $BTC here. Price pushed up and swept the previous day high at 81.8k, then rejected it with a bearish SFP, and with my daily bias already bearish I'm happy leaning into it. In just under 81.7k, stop above the sweep around 82.2k so the risk stays tight at 0.6%, targeting the 80k area where the demand and the previous day low sit. About 3.3 to 1 on it. Clean sweep, clean rejection, higher timeframe pointing the same way. Invalidation's simple, if it reclaims and holds back above 81.8k the idea's done and I'm out.

Putting my sl to BE on this again incase we roll over here on majors.

Gold, copper, Brent and natural gas are all live on Breakout now, and you can trade the lot 24/7, weekends and all. Gold's been the most asked for listing on there by a mile, and they've landed with a fee cut too. 0.02% a side, half what it was, across all 8 RWA markets. Gold goes up to 5x with $500k max notional, and it all sits on the same account as everything else. Same two rules, a daily limit and a max drawdown, that's it. No waiting around for a session to open, and nothing forcing you flat at the end of the day. Code DCSTAR84 gets your first eval at max discount if you fancy a go.

Cancelled my limit orders on $TRX and $ALGO