***NOTE - Version 2 training is now online.  The lessons below are version 1 which are 100% current however in version 2 you have access to everything here and so much more so I highly recommend you go through version 2 lessons.  Version 1 will remain online for 30 days.


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roberno
3 months ago
Reply to  Joel

Joel – what did you mean to say in the last sentence of the 2nd-to-last bullet point:
If the price is in a wave and doesn’t break out after 3 trades sell at the with a training 5% sell.”
Thanks!

Arthur Morris
1 month ago

Joel, could you please help me with the calculations? The rules state:
If the token has increased more than 200% (2x), set a 5% trailing buy order for 80% of the price at the lowest sell candle. 
Example) If the lowest sell candle price is 0.037, should we set the buy order at 0.0296 which is 80% of 0.037?
In the video, it seems like the buy order price is higher than the lowest sell candle price.

Niel (Support)
1 month ago
Reply to  Arthur Morris

Hey Arthur! Your math is correct. In the video Joel is showing an approximation of the lowest sell candle, you can make yours more exact if you want. 🙂

alornyow
4 months ago

Detail lesson. need to watch it again. but i think we need to understand the chart before we understand how the rules work.

amazingtommie
4 months ago

My mind is blown, Joel – I am looking forward to a deeper exploration of these bots!

Brady Patterson
4 months ago

Solid advice and rules Joel. I definitely need to tighten up my rules!

Michael Welch
5 months ago

Good video, there are a lot of checks in place with the rules which are good…and yes I am going to have to watch this video a few more times to get my head wrapped around what is really going on here.

peter marshall
5 months ago

may need to watch this again. Bot got me confused

Craig Wakefield
5 months ago

I will have to reread and rewatch the rules video and rules sheet several times to begin to understand how to begin to implement these with the Bot. I like the concept of having rules based trading. From my vast experience of 2 weeks of trading now on Robinhood with only one stock I am beginning to appreciate the concept of rules and guidance to making the decisions. While I have not lost any money it has been more of a gut decision on when to purchase and when to sell. I don’t like guestimating.

Todd Hillard
5 months ago

Good stuff so far!

Last edited 5 months ago by Todd Hillard
Marisa Herrera
1 month ago
Reply to  Todd Hillard

Lots of information to grasp. Will need to re-watch the video various times.

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