Gunthy

GUNBOT: The automatic profit generator => Beginners & Help => Topic started by: SheikhNaveed on September 08, 2018, 02:33:04 PM

Title: Nearly all strategies make you bagholder
Post by: SheikhNaveed on September 08, 2018, 02:33:04 PM
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?
Title: Re: Nearly all strategies make you bagholder
Post by: Sowaidi on September 09, 2018, 11:11:32 PM
Stop loss
Title: Re: Nearly all strategies make you bagholder
Post by: sevenearths on February 04, 2020, 09:56:12 AM
Set your gain higher as well
Title: Re: Nearly all strategies make you bagholder
Post by: RuloBTC on February 08, 2020, 08:26:31 PM
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 :(
Title: Re: Nearly all strategies make you bagholder
Post by: Aitor on February 12, 2020, 11:44:23 PM
Right, dollar cost average is very good to get rid of the bags  ;)
Title: Re: Nearly all strategies make you bagholder
Post by: Kvrga on March 17, 2020, 08:59:04 PM
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.
Title: Re: Nearly all strategies make you bagholder
Post by: Aitor on March 17, 2020, 11:38:29 PM
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 :)
Title: Re: Nearly all strategies make you bagholder
Post by: sbogovac on March 18, 2020, 10:25:13 AM
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...