Many frens really hate garbage altcoins and want to kill all shitcoins.


I came up with a simple empty altcoin strategy and conducted a backtest verification, and the results are very good!🥰🥰🥰

Every morning at eight o'clock, fetch the tokens on the daily gainers list that have increased by more than 30%.
Open a short position at 20% of the market price with 1x leverage.
If the stop loss is a 50% increase, then close 33%, retain the original position, and accept the floating loss.
No take profit set, holding until zero.

The principal is set to 1000U
The profit curve and maximum drawdown are as follows
The upper part is the capital balance curve, and the lower part is the maximum drawdown.
The earnings in May were good, while in June it was basically break-even. However, the maximum drawdown is very small, and the risk-reward ratio is quite suitable. However, the backtesting data does not take into account the situation of funding rates, which may have slight deviations.

Therefore, I decided to open a new account for real trading analysis, but the order placement will be slightly adjusted:
1. Do not touch the fee coins during the bull market phase.
2. Don't touch small market cap altcoins
3. Don't short the coins I am optimistic about.
4. The increase limit is not set at 30%; setting it too high may result in being unable to place orders for too long.

This real trading share is called "Kill the Trash Coin". I am quite poor, so I will put 100U in a small account for real testing, sharing real trades every day. Everyone is welcome to witness it with me!
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