How I Lost 20% in 20 minutes.

Before we Begin

The Prelude

My Greed and Impatience

The Fall

Not Giving Up (and Learning from my Mistakes)

What I Learned: (My Current Due Diligence)

  1. Research the market pair.
  • What is the average volatility of this pair? Use the Average True Range Indicator.
  • Were there incidents of extreme volatility that go beyond the average?
  • How often do these extreme volatilities happen?
  • How will your bot react to these extreme volatilities? Do they act as mine did, buying high and selling low? Or are they prepared to react properly?

Outcome

If you liked this piece!

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Andrew Siah

Andrew Siah

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