📅 September 28, 2024 - Copy Trading Strategy: The Break-Even Quest 💪
After a pretty rough September, with -210.6074 USDT in accumulated losses, I decided to adjust my copy trading strategy to regain ground and hit the break-even. 🧠💡
My current positions:
🔸 Moonlit_Wolf: I invested 17.65 USDT. This trader is aggressive, with a high ROI, but a high MDD. I will keep a close eye on him, as he can generate quick returns but is also very volatile. ⚡📉
🔸 Starting Over: I allocated 50 USDT to him. A trader with good consistency and a balance between risk and return. Ideal for recovering losses with a more controlled approach. 👀🔄
🔸 Conservative trader: This bet is for 90 days with 10 USDT invested, and it is already generating profit (+1.5660 USDT). The objective is to maintain this position and add another 10 USDT if it remains stable after 7 days. 🛡️📈
General strategy:
Objective: Recover losses and reach break-even before rethinking a growth strategy.
🎯Terms: Short-term strategy with Moonlit_Wolf and Starting Over, and a longer and more conservative one at 90 days.
⏳Risk: 80% of the capital is in aggressive strategies and 20% in the conservative part, seeking to balance risk and security. ⚖️💰
Learned points so far:
✅ Patience is key: Don't rush into closing positions if things don't look good in the short term. 📊⏳
✅ Don't fall in love with a strategy: Constantly re-evaluating the traders you follow is key. 🔍🔁
✅ Learn from losses: Every drop is a lesson to adjust your approach. 📉🧠
✅ Always manage risk: Diversifying between aggressive and conservative protects you. 🔐⚡
✅ Take care of your emotions: No impulsive decisions, always check the data before acting. 🤯❌
The road to recovery is already underway! 🚀🔄 Has anyone else found themselves in a similar situation? 🙌 #CopyTrading #Aprendizaje #CopyTradingDiscover
