Laissez Faire has been an amazing success so far! Thanks to everybody who was willing to take the risk and go for this. Also, welcome to our new members who have joined this week.
Our bot has made 79 trades since inception, and netted 21% profit! The amount of trades from market orders, fees, and monthly server fees added up to $182.15. Not too bad! However, I will be optimizing the algo to place more limit orders and less market orders in order to reduce slippage and fees in the future.
So far it has performed even better than our back tested data – I believe this is due to bitcoin also outperforming during the time we’ve been running, and this will eventually normalize.
Accounts will be updated by 10 PM tonight! Cheers!