Nearly all strategies make you bagholder

[SheikhNaveed]

As per my own research on gunbot strategies using allanster's scripts: Nearly all strategies make you bagholder like Gunbot Pure BB http://prntscr.com/ks1nwp Gunbot BB stepgain http://prntscr.com/ks1orc GunbotXT TSSL http://prntscr.com/ks1paa
Am I missing something?

[Sowaidi]

Stop loss

[sevenearths]

Set your gain higher as well

[RuloBTC]

I think you should use DCA...
dollar cost avg is nice for avoid bags

just give it a try... i love it so much


main problem in BT haven't this DCA feature

[Aitor]

Right, dollar cost average is very good to get rid of the bags 

[Kvrga]

Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

[Aitor]

Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

Hi, you can check detailed info about DCA here:

https://wiki.gunthy.org/trading-strategy-options/dollar-cost-avg-dca

Let me know if there is something you don't understand

[sbogovac]

Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

In essence you're lowering your average bought price by buying more at a lower price. That way you can still get out of that trade with a profit at a lower price. BUT LAWAYS use DCA with a STOP LOSS/LIMIT to AVOID bags in the end. IF you made a mistake (by selecting/buying a coin that is loosing you money) you should correct that mistake at a cost that is minimal. I always want to know my SL before I even get INTO a trade...

[wyspir]

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[wyspir]

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