Lecture Notes: Automating Trading with a Trading Bot

Introduction to Trading Automation

• Trading requires significant time investment, especially with a full-time job.
• Automation through trading bots can alleviate the time commitment by handling trades automatically.

Experiment with Futures Trading Bot

• Presenter used a Futures Trading bot on Bybit platform.
• Initial investment: $5,000
• Duration of operation: 10 days
• Profit earned: $1,516, totaling $6,565.44
• Bot executed 376 profitable trades in 10 days.

How the Grid Trading Bot Works

• Sets multiple buy and sell orders in a grid format.
• Buys Bitcoin on the decline and sells on recovery.
• Example: Participated in 376 trades, earning small profits each time, such as $2 per trade.
• One notable trade profit: $61 on trade number 367.

Performance and Potential Gains

• Achieved 30% increase in investment in 10 days.
• Annualized potential return: 1,096%.
• Example scenario: $55,000 could theoretically turn into $59,800 over a year.

Resetting and Configuring the Trading Bot

• Current price range exceeded, requiring bot reset.
• Original range: $91,000 to $103,000; exceeded at $104,000.
• New configuration:
  • Price range set to $97,000 to $111,000
  • Increased leverage from 10x to 20x.
  • 47 grids with $5,000 investment.
• Strategy: Buy on market dips and sell on rises, leveraging the grid's automatic setup.

Encouragement and Resources

• Encourages trying out trading bot with Bybit.
• Provides link to Bybit and resources for setup.
• Mentions Discord and Patreon for further trading insights and community.

Conclusion

• Presenter plans to check performance in 10 days.
• Offers to provide updates through subscription to the channel.
• Links to additional resources and community support for trading enthusiasts.

Note: Always consider the risks associated with high leverage trading and do thorough research before engaging in automated trading activities.