As we get closer to the launch of our trading bots (we should have an announcement next week on that topic), we wanted to start sharing some details about our bots and what you can expect when they go live.
Our first bot that we will be sharing may be familiar to some of you. It is our Pure Bread Dogecoin bot. This bot is designed specifically to trade DOGE and can trade both the long side and short side of the market.
We previously had a Pure Bread DOGE bot on the market and it was one of our most popular and most successful strategies. But we knew with the custom algorithms we created and what we have learned in the algorithmic trading bot space over the last two years, we could significantly improve performance of the original version of this strategy.
And we did just that. Our new Pure Bread bot is significantly better in every single performance category. We have internally been live trading this for over three months and the performance did not disappoint. To see how drastically improved this strategy is, here is a comparison of the V1 version and the V2 version (This data is from the last 8 months of performance of both versions July ‘23 - February ‘24)
One of the biggest changes to all of our strategies, including this one is the number of trades taken. We really wanted to focus on preventing false signals, having hyper accurate entry points and being able to sustain long term performance year over year.
By default, focusing on these things started to pair down the number of trades our strategies have taken, this less is more or quality over quantity approach will allow for much improved strategy performance and more consistent performance and prevent the wild up and down roller coaster ride you may go on with other strategies.
We are excited for you to get your hands on this strategy and see the performance for yourself upon release. Stay tuned via email, Discord and X for all of our upcoming announcements as we have several including the release of our launch date within the next week!