Ribsy
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October Profits Update

October Profits Update

Nov 01, 2021

Here are the main updates for my live portfolio, I'm being lazy so used the 3c-tools.com to display my profits. Only issue is they can see and use my data even though its read only and its linked to an email. So there's no privacy if that's a concern for you. I'm not sure if I would use it frequently in the future after this update. The stats seem slightly off to my own profits.

October profits 7.4k was only slightly better than Sep. considering I increased the risks to 200-250% of my balance. I did compound my profits from the last 2 months, and increased my bots, and Order Scale from 1.05>1.06 and the slight increase was hard to say if it made a big difference. Also I increased my Take profit late into the month from 1.25% to 1.5%. This was to take advantage of the somewhat bull run.

We know October was very boring and grim for the first 3 weeks. So hopefully if we still have more of this bull run, it's still potentially worth increasing the risks or take profit. Really 2% or 3% would be ideal, but I've been playing it safe as I still prefer to be out of deals quicker. The old and new paper trade templates and even back testing have shown that higher TP gives better ROI, but means you may miss closing deals and getting stuck for longer. Another thing about the current market is really the last 5 months most settings would have been profitable. We haven't tested the bots much with any sizable correction/dip. People running the crazy 100+ bots or big SO/BO without the funds to back it will be the ones that will have hardest time trying to manage multiple red bags. Its not a great place to be, and only waiting 3+ months were people finally able to recover and see some profit again when we had that May crash.

Going forward for this month, I will keep the current settings and mixing a few new TA settings in a few days which seem very aggressive and suitable for the current market, the old settings are also perfectly fine to still use as we can see its gone through many months of testing. Should you wish to use more aggressive settings, I wouldn't say its a bad choice, but not offering any financial advice.

Best Performing Bots in Oct (sorted by best profit over last 30 days)

Don't think too much about he lower performing bots as some were only run for a few days. Overall I think the coin selection is decent to keep.

Coti and ENJ would be the only coins I would think that I could add if my risk allows it. I'm not so sure about Zen, as I took it very late and its still too early to tell, as it got stuck on same day.

QNT was a let down for me, as its performed so well in Aug/Sep, and fizzled out this month. But its made me a decent profit so giving it more time.

I still believe its worth having a good selection of coins for all sectors as we've seen how they perform, so a few from NFT Gaming, Meme, Defi, Metaverse, etc etc.

Keeping Shib bot on, but the experimental Shib Risky bot I'll be turning off very soon tomorrow and letting it just auto close. Unless the volatility and volumes comes back again this week.

Stats sorted by total profit and average deals per hour.

From my 3commas Dashboard the profits are slightly different.

I'm going to go by my rough estimates.

I make it 7.7k profit this October at risks of 190-250% risks and based on the 75k starting balance I made my ROI:

7700 / 75000 = 0.1026 = 10.26% ROI monthly (August 6%, September 9.6%)
or

7700/31/75000 = 0.331% ROI Daily (August 0.2%, Sept 0.33%)

(this is just roughly)

Again these are very safe settings and you shouldn't really be holding any sizable red bags, just adjust risks to market conditions, or your own tolerance 100%-250%. If you want to squeeze more profit, then you would need to try the more aggressive settings and there's nothing wrong with experimenting and coming up with your own settings that suits you. I would prefer a higher ROI too, but I'm thinking being up almost 20k in 3 months passive botting from 75k BR isn't too bad, and I've been only really using 20-30k actively, whilst rest is in flexible savings. and saving some money for bigger hodl/dip buys. Or setting very cheeky SPOT limit orders (without stop loss) for my portfolio/hodl coins.

The new TA settings and video will come out very soon with exact tutorial on how to do your own settings and what each setting does. I won't disclose it, so we can look forward to the new video.

I wish you all the best this month for profits!

The new paper trade template is free for all and in the #faq channel in discord

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