are you able to set up on PC instead?

anyways, look for the below settings to create a bot.



Then after you have chosen your pair.

My recommended strategy to cover at least a 30% drop in the market is:

Base order size: 10 USD, Safety Order size: 20 USd

Deal start condition: I usually have at least RSI-7 set to "55". But if you playing single pair, like LTC, ETH, ADA, BTC, etc, then set to 'start deal asap' should be okay too. Just don't aim coin that too risky.

Target profit:
Depends what you think the market is going to do with the pair, and whether you willing to hold profit short period or wait for longer, but make more profit . My recommendation is in between 1.5% - 4%.

turn off trailing take profit & stop loss. You don't need stop loss with my settings.

Max safety trade count: set to 15-25. You will notice once you change this setting and base order/safety order, the column on the right hand side will start showing how much $$ you need in the account to fully cover this bot.

max active safety trade count, set it to max 3. - this setting doesn't matter if you trading single pair. But if you have a gordon bot, then this will affect how many trades the bot will run at same time.

price deviation to open safety order - I set this to 1.2%-1.5% usually. This means that the pair price will drop 1.2% before it triggers the next safety order purchase.

safety order volume scale - this setting is how much more money you want to commit to your safety order size. I.e. if it is set to 20USD and you set this to 1.05, then the bot will take 20*1.05 = 21 dollars as the next buy in. And so on, so forth. Personally, I set this to 1.00, IF my safety order size is already double of my base order size. But some bots, I can set safety order size to the same as my base order size. Then, I will play around with this setting here. I.e. 10 base order, 10 safety order. then my volume scale, I set it to 1.2 or 1.3. Hope that makes sense.

safety order step scale - this setting is also how much of a drop you want to cover. I usually set this to 1.2-2.

That's all the settings I play with, after that, just make sure your right hand readings and parameters are 'green'. then hit save bot and let it run.

Remember, make sure your Max safety order price deviation has a value of at least 30%. This means, the bot can cover a 30% drop in the market. Very important. Don't run the bot unless you can cover a minimum 30% drop. The more drop you can cover, the safer.

This post has been edited by Liamness: Aug 31 2021, 04:20 PM

these bots are Less risky. Way way less risky.

Forex, if move a few pips, and you didn't monitor it, it can wipe out your account.

And options, we don't need to talk about how risky options is versus just trading with actual cash that is in your account. I don't play with leverage. Just money that I can afford to lose if things go sour.

Also, I mitigate the risks even more by setting my bots to only start a deal if a coin drops to the a certain resistance level. You can set up the bots in such a manner that it only trades during certain market conditions.

I have backtested my strategy and settings over 12 months and all bots that I run is able to cover massive dips in the market. The last dip where bitcoin went from 50k usd to 20k, my bots had no problem trading in this conditions and take profit.

It really comes down to how you set up your bots.

This post has been edited by Liamness: Aug 31 2021, 04:14 PM

Afaik (but don’t quote me on this), what matters is from where you are operating/trading (where the majority of the decisions are made when deriving the income).

So even if you are say a SG PR but is operating in Malaysia when deriving the income, you are subject to the taxes in Malaysia.

It is not as simple as just choosing which country to pay tax as Liamness claimed when you have SG PR (although it does not matter in his case since capital gains tax is not taxable in both SG and Msia). But then the high frequency of trading would mean that his gains are considered as income which would be taxed normally.

So to answer your question, daily trading = income hence taxable. Holding gains = capital gains hence not taxable.

This post has been edited by Cyberbullies: Aug 31 2021, 04:16 PM

Ktard standard you talk about financial that is real and correct shit also kena hemtam, what more this nonsense.

Got ppl said bet big everytime and double the bet when loss indefinitely also sure win strategy

Everytime a trade is done (buy/sell), got fees charged by exchange right

Here gt business section or even k also gt btc crypto section die die wanna spam k

if trading Busd on binance, there's no fees.

usdt, small fee. but cmon.. your profits you making, these fee is nothing.

Daytraders never end well.

However, there are probably 10% of it that made it. Best of luck. I think the bull market is still here for quite some time with diminishing returns and lengthening cycle. Just enjoy for now

This post has been edited by Zenph: Aug 31 2021, 04:25 PM

wow i already headache reading the technical terms in this thread. can i just pass my money to you and you play it for me?

Method to earning 100USD/day

Average 25usd/day

?

It's scalable.

Meaning I just need to add in 4 times more funds and increase my settings x4, then theoretically, I will be making 100/day.

The method and time is unchanged. Just how much more money to put inside.

trade trade liao when have money a lot, the bot steal all from your wallet, suddenly your funds all transferred bye bye

Liamness any way to copy trade exactly?

haha, serious expect spoon fed ah?

Haiz.

Okay lor.. nah, copy away..

https://3commas.io/bots/5265534/shared_show...cret=6542c245bc

Rule of life. If someone is getting a windfall or profiting. They would never, ever share it with anyone. Always be careful of scammers. Sometimes they really do not look like one..but they will always always have a modus operandi that we are not in the know. You guys are not new to the ways of the net... be careful.

I got no skin to scam people. Do you own due diligence and figure this out yourself.

It's not hard to tell whether I can profit off you or not. I sharing knowledge, but do your own research.

Not sure where you got this terminology from..

Trading isn't my full time job, and to me, it's just the same as capital gains. When I declare this income source, it's clear to me and the tax people that it coming from investment.

This post has been edited by Liamness: Aug 31 2021, 05:06 PM

i used to dabble in mining too. Problem with mining is expected down time and you may need to actively manage it to ensure everything is running smoothly.

There are alot of educational youtube videos out there on this.

This guy is made 100k profit in 8 months. His capital was 30k.



Just like me, after testing the waters and learning for 1 month, he slowly started to increase his capital.

I sharing for knowledge purposes and awareness only la. It's up to ktards to do their own homework to see if want to play or not.

all in