Struggling After 3 Years of Algo Trading – What Am I Missing

[BuyLowCryLater]

Hi, I'm Maria from Ecuador South America. After three years immersed in the world of algorithmic trading—particularly in the cryptocurrency markets on Binance—I've gained a lot of knowledge and experience. I've explored various strategies, built bots, and studied market behavior extensively. However, despite all the learning and effort, I’m still not consistently profitable. I'm at a point where I'm unsure of what direction to take next, and I'm here to connect, share, and hopefully gain insight from others who have faced or overcome similar challenges

 

[nero1]

Hi, I'm Maria from Ecuador South America. After three years immersed in the world of algorithmic trading—particularly in the cryptocurrency markets on Binance—I've gained a lot of knowledge and experience. I've explored various strategies, built bots, and studied market behavior extensively. However, despite all the learning and effort, I’m still not consistently profitable. I'm at a point where I'm unsure of what direction to take next, and I'm here to connect, share, and hopefully gain insight from others who have faced or overcome similar challenges

Hello although i dont use algorithmic trading,i know many things about the markets,so i can give you some advice.
You have 2 options,the one to continue working untill you become consistent which may take 10-20 years and you may never become consistent, or just give up.
There is not a right or wrong decision, but you should be open for the possibility that you will never become consistent.
My advice would be to stop trying to gain money from both sides and to trade only one side always, whether long or short.
That means you will find the trend and you trade the trend as long it stays. In order to do something more than that you may have to
work for decades.

 

[BuyLowCryLater]

Hello, thank you for your honest and direct response — I really appreciate it.
You're right, this journey requires humility and the ability to accept uncertainty, even after years of effort. Your point about focusing on one side of the market and riding the trend resonates with me — simplicity might be what I need right now.


I'm still searching for what truly fits me and where I can find a consistent edge. I know profitability may never come, but I’m not ready to give up. I’ve invested a lot of time learning and building automated systems, so I’d really like to find a mentor — someone more experienced, with a consistently profitable process. I’d be more than happy to exchange my automation knowledge in return for guidance and real-world trading insights.


Thanks again for sharing your thoughts. If you have any advice or ideas on how to spot and follow trends more effectively, I’d love to hear them.

 

[nero1]

A bigger timeframe will tell you the trend and you will trade in a smaller timeframe, there are thousand variarions you can use.
Noone really has a clue aboit markets to help you ,so searching mentors is not a good iidea. The people who sell courses are generally legal scammers selling crap.

 

[BuyLowCryLater]

I value your perspective.
I understand the skepticism around mentors and courses, there's definitely a lot of noise out there.
That said, I still believe in exchanging ideas and learning from people who’ve gone further down the road.
Even if no one "has a clue," some have learned to manage risk and survive, and that’s already something worth understanding.
Happy to hear more about your experience with timeframes and how you apply it.

 

[nero1]

You put a moving average in the chart .If the moving average is moving upwards in the timeframe you put it and the price of the candle and especially the close of the candle has passed the moving average,you consider it an uptrend. You can do that in two timeframes ,as an example daily and hourly. Then you accept only the buy signals in an uptrend or vice versa and you ignore the sell signals in your system which must be in a lower timeframe than the two i mentioned.
You have always a stop based in the buy or sell signal. If you do that and your system is not profitable you throw it in the garbage and you start over from the beginning. The stoploss must be based in the individual system you use, if you havht got a clue where to put the stop you throw the system in the garbage,its easy to find the stop loss in good systems.

The number of the m.average and the timedrames should be found from you.