Algotrading results in crypto: +125% with maxDD 22% within 3 months

Algotrading results in crypto: +125% with maxDD 22% within 3 months

21 May 2024, 18:13
Kristian Kafarov
0
68

During recent corrections in crypto my robot was gradually gaining profit, so, unfortunately, it didn't reach the minimum drawdown level allowing to increase risk according to my capital management strategy. And yesterday, after huge movement in Ethereum, maximum historical profit was significantly updated. It's a pity that this didn't happen at a new risk level, but it's great anyway! In a few hours robot has gained 1276$:


Current trading result (see monitoring) is 125% of profit with 22% max drawdown within 88 days.

Binance, with it's typical concern for investors, does not show any trading history older than 90 days on monitoring (perhaps because there are practically no accounts that live for such a long time...), so I saved a screenshot for the memory.



After such a sharp market movement (and, accordingly, rapid increase in robot's profit) I expect, as it usually the case, consolidation, and, accordingly, a drawdown, which, hopefully, will allow to increase trading volume.

I'll be withdrawing all the profit above 5000 from my account so that relative risk would remain at the bottom level defined by the risk-management policies (0.6 lots for every 1000 of balance).