In this report: Conquer's February monthly performance update Peaks and valleys, perspective Update to the algorithm inserted Feb 8th Ongoing data collection and optimization February 2019 Performance Report Conquer was mostly flat for the second month of the year and fourth month since inception with a -0.44% return. Total return to date is +3.78% on [...]
Q. Are we trying to get away from NCL being a utility token and having volume to be used with the bot? A. Nope, not at all. It is simply not possible to send fund to the bot with NCL right now. We were holding off entirely on promoting the new algo as per the [...]
Q. How often are you going to do a buy back of NCL? A. On a monthly basis when there is profit to purchase. All algo profits go toward this when they are there. How long will it take for buybacks to begin? I think it is going to take about six months of [...]
So the new algorithm is running at a loss currently. Considering it has taken only 24 trades with a system that has a win ratio of 43% it makes sense. It is simply not enough data to mean anything. Let's take a moment to recap the information that has been shared recently with some question [...]
57% of all trades will be losses. 37% will be tiny gains. Losses are small. Gains are bigger, especially the gains of that 5%All the gains come from 5% of the trades.Equity changes all the time. It only will match the growth figure (or gain figure) almost all the time - unless the system has [...]
43% win ratio and 5% of all trades account for all of the profit.Notice how out of 1,222 trades the maximum loss on a trade was -0.38%Also notice how much greater the size of the top winning trades are. This section selected to start on the latest Youtube video, https://youtu.be/_yJG_1Z0y1A?t=799 … and specifically at 15:57 it [...]
Some investors are curious if I will be resetting their bot accounts or raising the amount of NCL that is able to be sent to the bot as current investors would like to invest in the new bot. The problem with making additional deposits to their accounts at this time is it will collectively [...]
30% ROI annually is an absolute game changer. That combined with the increased price of Bitcoin once it’s gains momentum again is going to be huge. In the time ahead I am going to need to focus over and over again on making sure it is understood the power of compounding a 30% [...]
The next move will be deflationary and bitcoin will suffer. The Fed's response will be epic causing hyperinflation and bitcoin to moon like never before. Once bitcoin over takes the 7 trillion gold market the reserve currency will be next.
Yes, Bitcoin is setting up for one massive move. With the price of bitcoin neutral and no momentum in place the lower time frame are too dangerous to trade on right now. I am sticking to the weekly time frame to see which way it breaks out initially. Bitcoin Buy $6742 or BTC Sell [...]
