The trading week from 16th to 22nd December 2024 showed once again why automated trading systems are often superior to human emotions. On 20 December, when a massive correction rocked the crypto market, the BatmansCapital trading bot kept a cool head and identified opportunities that many manual traders would have missed in panic.
While bitcoin corrected relatively moderately with a drop of 15%, many altcoins were hit much harder – some saw losses of up to 60%. It was precisely at these moments that the BatmansCapital trading bot took action, betting on four coins: ADA (Cardano), LTC (Litecoin), SHIBA INU and IOTA.
Successful entry with ADA
With a buy-the-dip level 1 entry of -40%, the bot opened a position in ADA at 0.80 USD. On the second day this position was closed at USD 0.95 with a profit of +18% – a decision I made myself even though the bot was set for a 20% profit. In hindsight, I should have trusted the algorithm, as the price actually rose by a further 4%.
SHIBA INU – potential not yet realised
With SHIBA INU, the bot also reacted quickly when the correction reached the USD 0.000019 mark. Although the bot could have sold after just one day, I decided to hold the position as there is more potential.
Litecoin – Strategic Entry
The bot was also on the spot with LTC when the coin collapsed by 41%. The entry was made at -38%, just before the default configuration of -40%. This slightly adjusted value is based on my observations that coins often turn around -38 to -39%.
In the case of IOTA, the bot entered at exactly -59%.
On the same day, IOTA fell 59.97% from the previous swing high. The bot spotted the opportunity and placed a trailing stop buy order at USD 0.2590 as the price fell to a low of USD 0.2524. This accuracy underlines the strength of the system.
Was the second week of trading successful?
You cannot say that a week’s trading was successful if you still have some positions open. The market can turn against you at any time. All you can do is wait and see. But the fact is, as the saying goes, the profit is in the buying. This also applies to my trading strategy. We buy as low as possible, i.e. on the dip, and then it just has to go up again. But to be on the safe side, you have to stay on the ground. If you calculate with a default of 20% for a buy level 1 entry (-40%) or 40% for a buy level 3 entry (-60%), statistically nothing should go wrong.
Positions in LTC, SHIBA and IOTA are currently being held. As we have seen in the past, a little more patience often pays off. The Traiding Bot is constantly monitoring the market and will close these positions when the time is right.
This trading week impressively demonstrates the strengths of the automated trading system:
- Emotionless decision making even in turbulent markets
- Quick reaction to market opportunities
- Parallel monitoring of several promising coins
Would you like to learn more about the trading system and be there when the bot generates the next trading signals? Then secure your access to my exclusive trading dashboard now.
I will be back next week to report on the latest developments and trading results of the bot.
One Comment
[…] Last week’s brilliant ADA (Cardano) trade, which generated a profit of 18% in a single day, remains remarkable. Combined with the current Litecoin success, this shows a clear pattern: the bot accurately identifies the optimal entry and exit points. […]