Update: Running a live sentiment / narrative strategy…
1 reactions
Update: Running a live sentiment / narrative strategy
Following up on my previous post where I backtested this strat, here's what's happened over the last week of live testing
I am running the strategy live with a small account (\~$400 capital).
**Setup:**
* Risk 10% per trade
* PnL: \~23%
* \~43 trades taken
* Win rate: \~56%
* Avg hold: \~8 hours
A few observations:
* entries are successfully happening on attention spikes which is great - I am seeing little lag and great entry times
* I am not yet trading across the full token set I was trading across in the backtest (as I am trading on hyperliquid currently) - expanding coverage soon
* This strategy excels in the big "moon" pumps. I.e. when there is a lot of attention and narrative momentum on a project. Outside of that it aims to make steady accumulations
* A notable entry was when it caught the attention spike of Trump Token and entered before it pumped a few days back
Also worth noting that Bitcoin has been pumping up to \~$74k in the last week which also affects results
Overall, this is inline with my expectations to extents - that in live testing we would capture a fraction of the backtest returns.
I'm very excited to keep testing this with more and more capital
#cryptocurrency
source
Following up on my previous post where I backtested this strat, here's what's happened over the last week of live testing
I am running the strategy live with a small account (\~$400 capital).
**Setup:**
* Risk 10% per trade
* PnL: \~23%
* \~43 trades taken
* Win rate: \~56%
* Avg hold: \~8 hours
A few observations:
* entries are successfully happening on attention spikes which is great - I am seeing little lag and great entry times
* I am not yet trading across the full token set I was trading across in the backtest (as I am trading on hyperliquid currently) - expanding coverage soon
* This strategy excels in the big "moon" pumps. I.e. when there is a lot of attention and narrative momentum on a project. Outside of that it aims to make steady accumulations
* A notable entry was when it caught the attention spike of Trump Token and entered before it pumped a few days back
Also worth noting that Bitcoin has been pumping up to \~$74k in the last week which also affects results
Overall, this is inline with my expectations to extents - that in live testing we would capture a fraction of the backtest returns.
I'm very excited to keep testing this with more and more capital
#cryptocurrency
source
1
| 4,000 mlx | |
| 5 | |
| 1 |