If you don't have time to research crypto and trading, this information may be for you.
I have been learning trading and crypto for the past 4 years, and I've lost a lot of money - approximately $6000 - for a beginner.
I've learned on my own skin that emotions are the worst enemy when it comes to investing and trading in general. Hence, I've created a strategy and backtesting script in TradingView's Pine Editor that tells me when to enter and when to exit.
The best way to trade is with a "robot" that was programmed to make decisions for you without emotions.
This strategy was tested on Indices, ETFs, Stocks, Commodities, and Crypto:
S&P 500 profit factor 44.658
Apple profit factor 145.173
Gold profit factor 41.678
EURUSD profit factor 45.015
BTCUSD profit factor 41.151
The profit factor is gross profit divided by gross loss. It is how many times we have more profit than loss. In all cases, we have at least 40 times more profit than loss. That is huge.
Keep in mind that the S&P chart above has data from its conception in 1871. Thus, I backtested 150 years’ worth of data.
S&P 500 all time data
However, I've found that people don't understand these charts and what they are supposed to do. That is why I created a Telegram Channel where I post updated of my portfolio. I post everytime I buy and sell an asset. I also share useful resources on Investing, Crypto, and Trading. Sounds good?
Join the Lifestyle Maniacs Investing channel where I post updates about my portfolio, entries, and exits: Lifestyle Maniacs Investing Channel
Get access to my Back Tested Strategy Script and other on Patreon.
Disclaimer: I am not a financial adviser and don’t recommend investing in anything as nothing is guaranteed. Everything I write on the topic is for informational and educational purposes only. Always do your research.
