I will use the USDT funds to set 1-2 tiered limit orders on BTC after some analysis and possible triggers in the middle of the night. Today had some good data that I would typically use to to identify opportunities or signals that indicate rotations between alts and the "Legacy" Cryptos.

The correlating trend the dollar is strong which means little movements can have greater swings.

I'm seeing some conflicting triggers that could result in a "stop-loss" and/or "stop limit" raid.
I'll detail these in the glossary, I will set some BTC/USDT Limit buy orders at 46k and 45k in case an algo goes berserk or attempts to reset. ~$10 each unless I see and opportunity to buy back 1+ HNT at a lower price than the total cost of commissions. This is when I would suggest setting an over-night price level alert in case something funky happens.

The minimum order amount is .0005 btc per order for BTC/USDT spot pair so I might do some research into some other available spot pairs and see if there are some good set-ups. The Legacy coins sucked a lot of momentum out of alts so there should be 1 or 2 decent opportunities. Any suggestions from your favorite projects? Preferably real blockchain projects and not 50 breeds of doge.

In order for a strategy to be truly successful, it has to be emotionless. ICX has been going strong but it looks like it's at a cross roads and confirming some other trends that indicate a retest of lower support levels as the US Dollar Index Keeps pumping up to a possible meme-level 94.20. The correlations are not normal so I would look for wild fluxuactions as some people disable losing bots or get liquidated on perpetual futures.

Limit orders set on ICX. I

can utilize the smaller token price and spreads to simulate some theories using #of contracts vs percentage of equity per order. Then backtest

The little fart sounds I use for alerts on my phone isound like a toilet exploding. Especially with vibration on. A cluster of alerts can get out of hand fast. Glad I didn't have alerts on Flux.

Good Morning Everyone!

My working model continues to taunt me with take profit alerts at 3:00 am, but we are still holding through to a higher range based on a slightly longer 3-minute time frame.

Uh oh, It sounds like we movement. I had to change the fart noises. Currently looking for something tranquil. That reminds me of Guilfoyles BTC alerts on Silicon Valley.

    We managed to lock in some USDT Profits and have started to dollar cost out of HNT and into BTC in order to create a 50/50 balance for deploying our first bot. In order to replicate "short" positions on a spot pair, you will want to start synthesizing your own liquidity pool.

    Current assets are at about $1,817

      Alexander Would it be valuable, during your morning update posts, to post a proposed goal for the day?
      I know many day traders set goals each day that is relative to the amount they are moving.

          peter HNT already had a lot of momentum going into this experiment, so these results may not be typical. Especially in a violent sell-off.
          A good rule of thumb is to lock in at least 3% gains with a stop-loss or by taking some small consistent profits in usd/usdt. Then re-evaluate the situation and look for the next potential set-up. They tell you that "catching falling knives" is dangerous, but that is exactly what we are looking for when identifying repeat patterns.

            With a range of limit buy orders at lower support levels, and sell order throughout resistance levels, it becomes easier to calculate the proposed profit outcome. Tradingview release a bunch of new content and tools for traders to map out strategies.

            I personally love FLUX, and that has been on a rampage as well. Their chart just posted a buy alert at $0.165 and has some strong support below .15. I might set some limit orders below that, but by setting them, preprogrammed bots will start stacking orders in front of your orders to prevent them from getting filled. Otherwise known as "Front-running"
            It's also a fantastic way to build technical support within the chart data and depth charts.

            A lot of times, most orders wont fill, but it's always a good idea to have a few extremes set in case a bot malfunctions

            I feel like Old Jimmy Simons is taunting me...
            "If you are going to build a model, then follow the Ducking model"
            That would have been a perfect little 3% play on Flux.

            By taking some profits, or Dollar cost averaging-OUT from the initial 79.5 HNT, we are under-performing the "HODL" Strategy, but that is because we need to start balancing out our liquidity between HNT, BTC, and USDT for model testing. That allows it to play both sides accordingly with smaller amounts. Then re-adjust.

            peter Most traders believe that offense and momentum are the secrets to trading, but Defense wins football games. By analyzing a restricted market set, we can start identifying patterns based the consensus of all algorithmic and human inputs that the players are using...

            We code the best conditions that look profitable.

            Then we will backtest those triggers across a bunch of different asset classes to see how well they play with the other robots.

            One of my favorite strategies as a middle line backer was to work on the center. If they can't even snap the ball, then it's game over.

              All right everyone, Gather round, and let me know what you think of the NEW color theme. I've always loved the concept of identifying wave patterns in the markets so deep sea fishing always comes back as a powerful metaphor. The Big fish are all at the bottom, but it's tricky to know when and where.
              https://www.tradingview.com/x/c80orXLt/

                peter changed the title to $1500 HNT/BTC Experiment.