Disclaimer: The information from this article and analysis is for informational purposes only.  It is not intended to be an investment or financial advice.  Seek a duly licensed professional for investment advice.

I'm back with my monthly report (17 days late sorry). The previous month, April, wasn't good. I think it wasn't profitable for almost anybody. The BTC pump triggered a lot of signals that hope for a regression that never came.

In March, my registered balance ended with ฿0.9679952, and at the end of April, it was around ฿0.5. I can't tell for sure because the 25th I stopped all my providers and converted everything to TUSD, waiting for the pullback that never came.

So, we can say that the account went down almost 50%.
The only good news is that, even with the BTC situation, my value in USD grow up. It went from Ⓢ3,905.42 (April 1st) to  Ⓢ4,102.63 (April 30th).

Overview

I analyzed my previous month (March) and increased the take profit target. This action, for the given situation, wasn't good at all, because it made me miss some trades and avoid so many stop loss.

Analysis

Total Positions

65 positions closed (much less than the previous month (518). As I mentioned I stopped the activity around 24th (however it was already too late).

Total Wins

17 wins, 25% of wins, no DCAs used.

Profit

The loss because of the signals was only ฿0.22883619

Averages

The few positions that were closed with profits did well, but not well enough:

  • Closing time: 15 hours (longer one was 100 hours).
  • Net profit from wins: 5.69%
  • Exit from losses: -3.92%

Volume

Only ฿26 (Around $133,373).

Analysis per provider

Koala Bounce

Total positions: 8
BTC Profit: -0.03164695
BTC Total Fees: 0.00243985
Total wins: 2
Total Losses: 6
Wins Percentage: 25%
Longer closing time from wins: 29 hours
Average closing time from wins: 16 hours
Average net profit percentage from wins: 3.71%
Average exit percentage from losses: -3.64%
Lower fall from wins: -0.95%
Wins that fell less than 0.5%: 1
Wins that fell less than 1%: 1
Wins that fell less than 2%: 2
Wins that fell less than 3%: 2
Wins closed before 5h:  1
Wins closed before 10h: 1
Wins closed before 15h: 1
Wins closed before 20h: 1
Wins closed before 25h: 1
Wins closed before 30h: 2
Wins closed before 40h: 2
Buy BTC Volume: 1.64062723
Buy USD Volume: 8288.78039495
Sold BTC Volume: 1.61142013
Sold USD Volume: 8205.53456610
Total BTC Volume: 3.25204736
Total USD Volume: 16494.31496105

As I said, almost nobody did well during April, the only good thing that I can say about Koala Bounce is that the didn't send many signals, at least, not many signals that matched my criteria.

Koala Pivot

Total positions: 57
BTC Profit: -0.19718924
BTC Total Fees: 0.01788620
Total wins: 15
Total Losses: 42
Wins Percentage: 26.32%
Longer closing time from wins: 76 hours
Average closing time from wins: 15 hours
Average net profit percentage from wins: 5.96%
Average exit percentage from losses: -3.96%
Lower fall from wins: -1.56%
Wins that fell less than 0.5%: 2
Wins that fell less than 1%: 5
Wins that fell less than 2%: 9
Wins that fell less than 3%: 14
Wins that fell less than 5%: 15
Wins that fell less than 8%: 15
Wins closed before 5h:  4
Wins closed before 10h: 8
Wins closed before 15h: 10
Wins closed before 20h: 12
Wins closed before 25h: 13
Wins closed before 30h: 13
Wins closed before 40h: 14
Wins closed before 50h: 14
Buy BTC Volume: 11.72177122
Buy USD Volume: 59618.34007962
Sold BTC Volume: 11.54246820
Sold USD Volume: 57260.95413940
Total BTC Volume: 23.26423942
Total USD Volume: 116879.29421902

I should have stopped this provider before, but I wanted to give it an opportunity and see if it could recover by itself so, I could know that I don't have to be over it to use it (so we can have a real passive income system).

Open Positions

None, I stopped the activity before the month ended.

How to make passive income.

We had another month of losses. This time it has been tremendous, but we already saw that this is a long run, so we need to see the final result.

Final

I could have stopped the bleeding before, but as I said, I wanted to push it a little bit to see if this provider was right for my goals (passive income). It's not, but that doesn't mean that it's not the right provider. Probably if you are over it, and see it periodically. It can make good profits for you.

After I stopped the activity in my account, I didn't know what to use next. There are a lot of users asking for the best provider, but as we always say, there is no best provider, but the provider that best suit you. I was in the same situation, don't know what to try next. We are creating a new section in the analytics view, based on all positions opened from the provider signals for a given time

It's still under construction, but after reviewing it, I have decided the following:

  • I'll stop trading BTC. It's tough to know if you are earning something or not. Until I have a good accounting system, I'll avoid trading from BTC.
  • I'll start trading a TUSD. I know there are more opportunities for USDT, but never trusted it, and recently it came to the light that Tether is only backed by 74% in cash (however they claim that the other 26% is invested out there).
  • Trading with a stable coin is way easier to account.

Let's see how the new month goes!