PSAR VIP
Session #3
08-08-2021
Contents
HTF BTC Analysis
CEO Hedged Positions
Refer to CEO For Hedged Positions!
CEO PSAR Bullish Settings
Refer to CEO For Review of ETHPERP
TVC Trend + WH Counter Trend, review
TVC TREND: 3 Max Positions Settings with market chop or uncertain -> increased to 5 Max Positions when watching BTC/ETH/ALT runup (or when 1H Signal was LONG)!!
(WH v 1.0.45 → updated versions)
When updating please be sure to go through your old settings line item by line item. Screenshots of settings can help greatly from your old instance and as always, please review settings prior to starting the bot!
TVC Trend + WH Counter Trend, review
WH Counter Trend: Max Pairs open to be greater than TVC For entries. This ensures that you utilize PSAR for 3 or 5 pairs max while still allowing 3 counter trades to happen at the same time. TVC: 3 WH: 6. TVC: 5, WH: 8. Keep in mind increasing pairs traded is a very risky item to do and should only be done when 1H Signal is LONG and you can watch the market for the traded duration.
First snip from VIP Session #2 at 2101 balance. Current 8/08/2021 balance: 5379.
TVC Trend + WH Counter Trend, review
$2271 start balance on July 26, 2021.
$2935 balance as of July 31, 2021. Resulting in 5.846% per day for that timeframe.
MTL Trade came along and I missed blacklisting it while updating (simple error). Account was drawn down a bit and so I did add around $1200 to push the account to nearly $4300.
Account currently valued at ~5350 and has been growing like a weed!
I am undecided on when I will take profits out of it. If the market continues on like it is I will let it ride to 10K then take profits daily from there.
WH Counter Trend Settings
Only adjustment to add:
VWAPS based on 1H/4H signals.
Follow WH PAIRS LIST!
TVC Trend + WH Counter Trend, review
Overall profit screenshot below: Thanks to dBtech for sharing his 100% PNL in 3wks!
Account Showcase: 0.5% Daily on ~200K
Last month I decided to start tracking my accounts manually using google sheets as I find 3Commas reporting to be terrible.
COMMON MISCONCEPTION: Large accounts should aim to trade trade for high % returns.
With the new tracking I decided to see what would be possible on 200K utilizing a variety of my strategies.
Large accounts should NOT trade for high % returns as that can lead to overexposure and complete loss. Accounts LARGER than 20K should trade safely with the end goal of stacking $$$, not high %%% returns.
Account Showcase: 0.5% Daily on ~200K
ACC #1: $50K Account: PSAR FUTURES, 13 Pairs, Exposure kept to under 2X.
7 Aggressive Pairs (ETH/MATIC/BNB/CHZ/SRM/DENT/1INCH) using AGGRESSIVE Settings
https://www.tradingview.com/chart/prXbgOfY/
5 Conservative Pairs (BTC/LINK/IOTA/FTM/GRT) using Conservative Settings:
https://www.tradingview.com/chart/ORa5xrXT/
30 Day End Balance: 54790 with a return of 9.58%.
Account Showcase: 0.5% Daily on ~200K
ACC #2: $50K Account: ETHBTC, MATICUSD Grid Bots
Grid bots set to “buy the dip” as I had announced in market cycle alerts.
BTC grid set to 24K, ETH to 1600, Matic to .80cents.
30 Day End Balance: 59626 with a return of 19.2%
Account Showcase: 0.5% Daily on ~200K
ACC #3: $50K Account: PSAR SPOT, 7 Traded pairs, Exposure under 1X
This was not set correctly. I had 9 SO’s, DCA to 35% and did not use much trading capital.
As a result, returns were very low and I have changed the structure back to 7SO’s and using the 1H Long/Short PSAR Signals to turn the bots on/off.
30 Day End Balance: 50845 with a return of 1.69%
Account Showcase: 0.5% Daily on ~200K
ACC #4: $40K Account: WickHunter Counter Trading ONLY -> 20K traded balance, 20K reserves.
Not much to state here other than this is the highest risk of them all, and so rightfully so had the least traded balance + RESERVES set aside just in case of trouble.
30 Day End Balance: 47969 with a return of 19.9% on total tied up balance.
Account Showcase: 0.5% Daily on ~200K
Account #1: PSAR FUTURES: Really had no problems with anything other than one GRT trade that hit 7 So’s. I added a few SO’s based on hourly support/res levels and got out.. Rest was done pretty much passively with minimal monitoring. Nearly 10% in a month on 50K with minimal management is something I am very happy about.
Account #2: Gridbots: These were set up in anticipation of market moving south, and so required a bit of T/A to identify levels and implement these into bots. It paid off in the end as I caught ETH to nearly 1600 and am sitting very pretty with my buys. 19.2% on this account due to ETH/BTC price increase is great.
Account #3: PSAR Spot: Truthfully this was set incorrectly on my end with 9SO and 35% drop protection. I had ran this all the way up to 65K with no issues other than 1 or 2 bags on the dump down to 30k. I am not happy with the low return of 1.69% however and hence went back to 7SO and 15% drop - utilizing more funds to trade.
Account #4 WH Counter Trade: This is the highest risk of the bunch and I find I have the most problems with it in terms of monitoring. For this fact I am limiting it to 20K (or 10% MAX of total traded capital). There are liquidatons and losses every other day on WH channel and I have to admit that one day I can lose this 20K should something pump or dump excessively and I am caught against its trend. I am happy with the returns of 19.9% however need to take profit DAILY and reduce reserves.
Overall returns: 0.49% on 190K traded producing
$26,737.58 from Jul05-Aug 05 utilizing multiple strategies.
Recommended Pairs
Please refer to @Mr Node it All for some quality Technical Analysis and pair recommendations!
CEO and Todd: Switch from Binance to Bybit
Q & A