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  • Getting Started
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    • Understanding the Metrics
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  • Advanced Topics
    • Testing execution bots
    • Building a profitable operation
    • The research phase
    • The wallet testing phase
    • The scale up phase
    • The profitable operation
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  1. Advanced Topics

The profitable operation

PreviousThe scale up phaseNext1-to-1 Expert Call

Last updated 1 month ago

After working daily on research, testing and scaling up, you should have a few profitable wallets at least.

Congratulations! You're building a portfolio of wallets!

It's good you're seeing a well-deserved success but there are some important points:

  1. Your goal is not to become rich overnight. Trading too big is too risky and won't work in the long run.

  2. Focus on researching, testing and scaling, do it daily. Keep adding new wallets. Analyzing them. Figuring out a method that works for you.

  3. They right way to go is by increasing the number of profitable wallets you run.

  4. For most of the wallets, the performance will be ok to good. With some negative results sometimes. You should set a maximum trading size. Don't risk too much. Focus on adding more wallets.

  5. On rare occasions, you will find a very special wallet. After 10 trades it's performing super. You will be tempted to trade BIG on this one. And you probably should. But set a maximum risk parameter. Be careful. And good luck!