Gunthy
GUNBOT: The automatic profit generator => Beginners & Help => Topic started by: SheikhNaveed on September 08, 2018, 02:33:04 PM
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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?
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Stop loss
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Set your gain higher as well
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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 :(
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Right, dollar cost average is very good to get rid of the bags ;)
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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.
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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 :)
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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...