My first trading bot made money. Then I paid the fees.
Before my current bots, I tested a fast scalper on crypto.
363 trades.
Profit before fees: +$3.56 ✅
Fees paid: $22.13 ❌
The strategy was "right" slightly more than it was wrong, and still lost money. Every trade paid the exchange, and the exchange always wins that game.
What else the post-mortem showed:
• Stop-losses hit 140 times, targets only 89
• The only profitable exits were the time-based ones
• The shorts caused most of the loss
Lesson: an edge smaller than your fees isn't an edge. Now every test I run includes fees, then double fees, to see if it survives.
The scalper stays off. My current bots trade far less often, on purpose.
Not financial advice. Real numbers from my own testing.
#TradingBots #AlgoTrading #tradingfees #bitcoin #BitcoinFiveWeeklyLosses
$BTC
Before my current bots, I tested a fast scalper on crypto.
363 trades.
Profit before fees: +$3.56 ✅
Fees paid: $22.13 ❌
The strategy was "right" slightly more than it was wrong, and still lost money. Every trade paid the exchange, and the exchange always wins that game.
What else the post-mortem showed:
• Stop-losses hit 140 times, targets only 89
• The only profitable exits were the time-based ones
• The shorts caused most of the loss
Lesson: an edge smaller than your fees isn't an edge. Now every test I run includes fees, then double fees, to see if it survives.
The scalper stays off. My current bots trade far less often, on purpose.
Not financial advice. Real numbers from my own testing.
#TradingBots #AlgoTrading #tradingfees #bitcoin #BitcoinFiveWeeklyLosses
$BTC