thetradingparrot
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Upgrading Petro: all tokens & extra market risks protection
🕑 Added 2021-04-24 18:33:39 +0000 UTCPetro has been upgraded (VIP signal).
It incorporates now better protection for bad market conditions.
It now supports ALL BULL USD tokens available on FTX.com
Both DCA bots for Petro: conservative and original have been modified. Orders, TP, allocation, etc. Please take the time to compare side by side the bot links from the bot dashboard.
The bot dashboard itself still doesn't reflect the new allocation so double check in the actual 3commas bot link which can be found here:
https://thetradingparrot.com/knowledge-base/petro-dca-bot
Now the important part:
From now Petro original will only use TOP coins (which has a deviation of 51%). No more SUSHI or THETA. Petro original is off at the time this article was published.
I'll keep the conservative version running ALL BULL USD tokens for testing purposes but you should NOT do this.
Have a look at the tokens available in the conservative version (which now has a deviation of 80%) and decide which tokens you want to actually use.
Do not blindly keep them all. A token that dumps too heavy using 3x leverage can still break down the last SO placed at 80% and leave you holding a red bag for very long. So spend some time checking the available tokens and do some cherry picking.
Don't like a token? no problem just remove it.
Tokens supported
Your subscribed petro DCA bots should already be receiving the new signals.
These are the list supported signals for FTX.com. I removed all BULL tokens related to FIAT, like USDTBULL and TRYBULL.
What's next?
Parrot poison should be next and then working on a signal to automate toggling your bots on/off based on your risk profile.
I want to also support all tokens on poison and add a bit of market risks protection too to avoid the more red deals as possible so we can increase our risk reward!
Comments
Which ones are you going to cherry pick? : )
grazie per le grandi idee !
Thank you Mariano! Very very good
