I still don't understand what the system is. The screenshot looks like you are simply smoothing the price history. Can you describe this in more detail?
It also seems important to me to consider the tax implications of crypto trading. Have you included this in the model?
It also seems important to me to consider the tax implications of crypto trading. Have you included this in the model?
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@randomdude hi, this is the backtest the green is the capital and the blue is the account balance. The tax should actually be done by the broker as there are some who pay taxes automatically
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@wealth_navigator_64 Yes, but even if the taxes are paid automatically (which is usually not the case because Bitcoin profits are capital gains that are taxed at the personal income tax rate for < 1 year) you still have to take the taxes into account in the backtest. Since the holding period in your trading model is probably always shorter than one year, B&H could be better because of the tax advantage.
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I did the math, but I make about 150% in the last month with the program.
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•@randomdude I also said that it works with bitcoin, but also with the NASDAQ and currencies, gold, etc. The tax issue is on the back burner for now
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•@wealth_navigator_64 Okay, then you almost don't care about the taxes 😅
Something else: Where do you trade and which interfaces do you use?
Something else: Where do you trade and which interfaces do you use?
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@randomdude on Metatrader 5, and then just any broker to it
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