$JTO bot diary, the honest version.
My long grid (0.30-0.50, 15x) has done 29 trades this run. The grid part made +98 USDT. The open position is down about 230, so total sits around -134.
The mistake is simple: I started it with no stop loss. JTO is down 19% in a week, the grid bought every level on the way down, and now I hold roughly 14 orders averaging near 0.360 with price at 0.345.
Monday's review already said it: in 30-day simulations this setup had about a 30% chance of liquidation. Today I reran it with 6,000 paths. A stop at 0.337 gets hit 70-80% of the time within a day, because it sits right in the noise under the 0.338 long cluster.
So the choice now is a wider stop under 0.330 or just closing. What changes either way: I'm not holding through the 07.11 unlock, and the next bot gets a stop from day one and lower leverage. Grid profit is real, it just doesn't cover an open bag.
Not financial advice.
Would you cut here or give it room to 0.330?
#JTO #GridTrading #TradingBots
My long grid (0.30-0.50, 15x) has done 29 trades this run. The grid part made +98 USDT. The open position is down about 230, so total sits around -134.
The mistake is simple: I started it with no stop loss. JTO is down 19% in a week, the grid bought every level on the way down, and now I hold roughly 14 orders averaging near 0.360 with price at 0.345.
Monday's review already said it: in 30-day simulations this setup had about a 30% chance of liquidation. Today I reran it with 6,000 paths. A stop at 0.337 gets hit 70-80% of the time within a day, because it sits right in the noise under the 0.338 long cluster.
So the choice now is a wider stop under 0.330 or just closing. What changes either way: I'm not holding through the 07.11 unlock, and the next bot gets a stop from day one and lower leverage. Grid profit is real, it just doesn't cover an open bag.
Not financial advice.
Would you cut here or give it room to 0.330?
#JTO #GridTrading #TradingBots
