cycle 2. Stage 2, day 5:
My new reality is starting to become the new normal with which I am feeling comfortable. The exchange that I am using did stop to offer few cryptos with zero fees for everyone. One of those currency was a real golden goose for my new strategy.
With this special gone, the amount of trading did significantly diminish. It went many dozens of thousands of trades daily to a more reasonable volume of several thousands.
The effect of that drop is that the amount of profit went from borderline sustainable to nice, fun and encouraging but unsustainable. My system must be generating about $30 of profit daily. This is not sustainable but the nice thing is that it is totally stable. Everyday, this amount comes in with a very high level of predictability.
I am beating new records. Early 2021, I got close to reach half a million trading volume without ever reaching it. $500K volume was acting like a glass ceiling to me. This is done! I must be getting close to $600K trading volume. I did reach $500K in roughly a week. If I extrapolate the pace that my trading volume grows, Reaching 2.5 Million in a 30 days window is possible. This volume might bring something nice as 2.5 millions is another step in the fee schedule. Reaching new low fee levels might open up new possibilities that I have never been able to access before... Or maybe not... Nothing special did happen when I have reached $500K... We will see...
It is funny how my recent successes did change my priorities. I used to obsess about missing arb trading opportunities by being frontrunned by someone else. This still happen today... but those missed opportunities only represents a small % of my trading. I still have few ideas how to speed up my system reaction time and I will eventually look into it but now, the most urgent and profitable priority is to optimize my new micro transaction strategy...
Concerning this, Something weird is happening but I trust my unconscious and UMS on this... I had a simple goal to move forward my new priority... This simple goal did create some prerequisites. And when I started working on this new prerequisite... I have discovered that this prerequisite was requiring itself a prerequisite... It might feel a little bit like drifting but I am feeling so energetic, productive and positive that I allow myself to follow my instinct and work on whatever my guts is feeling that it is the right thing to do.
I have no idea how long the detour will last but I am confident that this will eventually pay off and that I will return and complete the original goal. The latest thing that I have been working on is something that I have wanted to do for a very long time but I did procrastinate on the task because it felt like a huge and painful task. It is to refactor my code to allow supporting additional exchanges easily. I have started working on that... There must be a good reason why I am doing this but TBH, it is not a 100% conscious decision...
My new reality is starting to become the new normal with which I am feeling comfortable. The exchange that I am using did stop to offer few cryptos with zero fees for everyone. One of those currency was a real golden goose for my new strategy.
With this special gone, the amount of trading did significantly diminish. It went many dozens of thousands of trades daily to a more reasonable volume of several thousands.
The effect of that drop is that the amount of profit went from borderline sustainable to nice, fun and encouraging but unsustainable. My system must be generating about $30 of profit daily. This is not sustainable but the nice thing is that it is totally stable. Everyday, this amount comes in with a very high level of predictability.
I am beating new records. Early 2021, I got close to reach half a million trading volume without ever reaching it. $500K volume was acting like a glass ceiling to me. This is done! I must be getting close to $600K trading volume. I did reach $500K in roughly a week. If I extrapolate the pace that my trading volume grows, Reaching 2.5 Million in a 30 days window is possible. This volume might bring something nice as 2.5 millions is another step in the fee schedule. Reaching new low fee levels might open up new possibilities that I have never been able to access before... Or maybe not... Nothing special did happen when I have reached $500K... We will see...
It is funny how my recent successes did change my priorities. I used to obsess about missing arb trading opportunities by being frontrunned by someone else. This still happen today... but those missed opportunities only represents a small % of my trading. I still have few ideas how to speed up my system reaction time and I will eventually look into it but now, the most urgent and profitable priority is to optimize my new micro transaction strategy...
Concerning this, Something weird is happening but I trust my unconscious and UMS on this... I had a simple goal to move forward my new priority... This simple goal did create some prerequisites. And when I started working on this new prerequisite... I have discovered that this prerequisite was requiring itself a prerequisite... It might feel a little bit like drifting but I am feeling so energetic, productive and positive that I allow myself to follow my instinct and work on whatever my guts is feeling that it is the right thing to do.
I have no idea how long the detour will last but I am confident that this will eventually pay off and that I will return and complete the original goal. The latest thing that I have been working on is something that I have wanted to do for a very long time but I did procrastinate on the task because it felt like a huge and painful task. It is to refactor my code to allow supporting additional exchanges easily. I have started working on that... There must be a good reason why I am doing this but TBH, it is not a 100% conscious decision...