Losing money while running "profitable" bot

The numbers look impressive,
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but still not as good as Buy-and-Hold.
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I don’t understand what the title of the post has to do with what you posted. How did the bot lose money? If you meant by comparison with buy and hold, that is not losing money and definetely not the bots fault.

Glad to hear that :grin:
With Buy and Hold, without the bot working, the value would have increased 278.94% ($27748), according to the third picture above. With the bot working, the gain during the same period was 276.22% ($27477) which is $271 less.

But that doesn’t mean that the bot loss money. There are many issues with this way of thinking:

  • buy and hold is not a trading strategy, is an investment steategy
  • the value of buy and hold is all unrealized, while the bot has already realized
  • and lastly but most importantly, a trading strategy doesn’t need to provide better profits than buy and hold to be superior. Buy and hold has a lot of risk, while a trading strategy with less profit but much less risk is better.

The buy and hold should be taken into consideration among other benchmark, but is not the only one.

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I agree, mostly.
However, not that the bot-profit is always realized.
We are all expecting a bull run with prices rushing up and suddenly falling dramatically. It is quite easy to create a bot that sells everything close after the top, but not as easy to stop it from buying back on the way down, ending up with a substantial red bag of unrealized profit that might not be recoverable for a long time, if at all.
I understand that it is greedy to try to come as close to the top as possible, but is it humanly possible to be happy with guessing when to sell, just to find out that it was just half way?

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A related question:
How can the Initial Balance go down even though the bot makes a profit?

What kind of deals are you running? Are there open deals that decrease in value?