Lately I have seen way too many ppl talking about the cons of futures strategies and how portfolio value is not important.
Time to give out a little bit of hopium to ppl who want to pursue futures strategies.
One of my futures strategies has 2x in just over 6 months.
I achieved this with my portfolio value slowly going up as days and weeks go by.
It is one of my copy trading accounts so I cant share the setup but it does long and short DCA simultaneously.
So next time someone tells you futures is pointless and liquidation is imminent then just remember with good setup and risk management it is definitely viable.
After 18k positions closed I have withdrew my initial investment now and will keep running the strategy. Now this is what I call a money printer. No petrol no chickens no nonsense
Profit up Portfolio up and Withdrawal = Investment
of course!. Bear in mind the strat I run in the live bot is only with 4 coins and a Leveverage X10 and an AVP -4, Thats why its a rollercoaster… but you will find its works in a conservative risk too.
Please share your tests and insights to improve it or choose working pairs
Going from $1k to $400 when the market dump it is a big rollercoaster - am I reading the chart right? What if you made the post at that point in time?
There are strategies in spot that can make 3K monthly using a budget of 10k - means you get the money back in 3/4 months and they have portfolio value swings but daily profit going up.
Personal opinion - if you didn’t want to share info about your copytrading you could just omit and make your point this way looks a bit an advert saying “mine is better buy it”
Looks great. Those who truly understand Futures, always stand to reap its benefits. And what’s commendable is you’ve achieved this with total automation, something which is quite difficult considering all that market noise.
Drawdown exists in spot too.
Months and months of gains and having same portfolio value means all the gains are drawdown.
How many here can say they have 2x with full automation.
Everyday tinkering their bots deals checking errors running out of base and all. I did none of that.
Didn’t mention my copy trading because that’s not what the post is about. It’s to show that profitability in futures exists.
Just need an open mind.
Thanks for sharing @Iamtheonewhoknocks, it’s great to see you made it work. How long have you used that strategy? Was it only 6 months or from before that? The thing about futures strategies is that it takes only one black swan event to drastically change the performance, 6 months is not enough enough time, it needs to go through different market cycles and events.
Then there is another question about skin in the game. Why does the strategy have 1k only? Is that your portfolio size or are you testing different strategies with 1k each? One strategy of “gurus” that want to sell you something is starting many trading strategies and show results of the one that performed best, which is often because of pure luck. Of course I am not saying that’s what you did there, I’m just saying because the more money you put into it the less likely this is just one of many and therefore the most trustworthy.
Personally, I would be willing to put my own money on a futures strategy that was tested over 2-3 years with more than 10k. Less time or less money leaves too many unknown factors IMHO.
. Have you shared this in any of your threads?
