MEME Manual: 48 days 24 times copy trading system welcomes a brand new upgrade | Produced by Nan Zhi

Original | Odaily Planet Daily (@OdailyChina)

Author | Nan Zhi (@Assassin_Malvo)

Since October 8th, based on the ideas and methods demonstrated in the previous four articles of the ‘Diamond Hand Evaluation System’, the author has accumulated a 24-fold increase in profits by following the smart money. However, during the actual operation, a series of problems were encountered: the account evaluation process was lengthy, time-consuming, serious diamond hand drawdown, and improper position management.

Last week, the author reorganized and rewrote the evaluation system for the issue of the evaluation process being too long, and this article will share the ideas and solutions.

*Odaily Planet Daily Risk Warning: The trap system was launched on October 8th and has only been running for 48 days. Although it has achieved certain results, from an objective perspective, the data volume and control experiments are not sufficient, and the rigor is limited. It is for reference only.

Capital Progress and Strategy Presentation

The current situation of each account is as shown in the table below, where:

copy trading No. 1-7 is based on the earliest version of the ‘BCD hand evaluation system’. The problems encountered in the practice include: during the hot market, the copy trading target still operates at an extremely low frequency, missing out on a large number of Tokens; the BCD hand is too serious, the copy trading target does not sell even when making millions of dollars in profits from a single Token, resulting in a significant drawdown.

Regarding the first point, the author’s solution is to mix styles. In a series of low-frequency operations BCD account, add medium-frequency operations, Address with low Token coincidence rate, to increase the overall frequency of shots. The reason for mixing instead of setting up a separate account is to improve the efficiency of fund utilization.

The second point belongs to metaphysical problem. The author currently suggests not to affect the operation of the smart Wallet based on subjective experience, unless it is a short-term event-driven big pump (such as Ansem advocate bop) or reaching a major Market Cap milestone (LESTER surpassing $100 million), and so on.

Scanning Chain No.1-4 are high-frequency Addresses added during the period of hot market, but overall, their profitability is not superior to the mixed style.

Brother, No. 1 to No. 8 is the Address for bringing substantial single-trade profits to follow No. 1 to No. 7, which is set up separately to avoid being affected by other Addresses during operation.

Conspiracy 1 attempted to capture the ‘Conspiracy Group (Cabal)’ Token, but has not been effective in testing so far.

Copy Trading System Upgrade

In the old version copy trading system, the author’s process of selecting Address includes:

• Get Token Profit TOP 100 Address;
• Exclude the filtered Address;
• Filter by score through the primary evaluation system;
• Evaluate the Address operation style using the Depth evaluation system;
• Based on preliminary assessment, Depth assessment, and manual confirmation of GMGN data to confirm the value of the Address.

In fact, except for the final step of manual intervention, all the above operations can be automated by programs and textual annotations can be made for Address features.

The previous Depth evaluation system consumed a lot of computing resources to analyze the trading behavior of Addresses on ‘loss-making Tokens’. After reflection, the author believes that it is not necessary to evaluate loss-making Tokens. As long as an Address is consistently profitable in the overall and long term, it can be considered as a target for copying trades, and the copying settings should be adjusted as needed.

Other points to note include:

• In the basic evaluation system, there is no need to follow the buying and selling style. It is more accurate and intuitive to evaluate through Depth.
• In addition to the total profit, the distribution of Token profits should be considered;
• In addition to the average get on board price, the initial get on board price should be followed.
• GMGN is not sold and is not included in the win rate statistics, the win rate should be recalculated.

In conclusion, the author’s draft of the programming ideas is as follows, based on the filtering of four trap functions layer by layer, and ultimately entering the manual review process, for readers’ reference and iteration:

1. According to rough data, close all positions has been made, overall loss, super P, very poor profit and loss ratio, directly excluded; add the profit and loss ratio and profit amount to the selection of medium P

1.1 Overall loss=total profit<0 or 7 d<1.5 ten thousand US dollars+ 30 d<2.5 ten thousand US dollars

1.2 Super P= 30 D transaction above 10,000 times; 中 P= 30 D transaction 2k times - 10,000 times

1.3 Profit and Loss Ratio Difference = 30-day Income ÷ 30-day Cost < 0.1

2. According to recent transactions, frequently playing very small, with a maximum profit of no more than 5 kU excluded; on average, how many U profits are obtained for every one thousand U; calculate the real winning rate, daily income (to be determined)

2.1 Playing small = single currency profit below 150 U (tentative), and subsequent replays based on scanning chain Address

3. Based on the profit data, if the maximum profit is higher than the 2-10th place, it is excluded unless the total profit is greater than $300,000; if the maximum profit is higher than the 2-5th place, it is warned; the first highest profit is less than $10,000 U, it is excluded; the second highest profit is less than $10,000 U, it is warned; statistics of how long it takes to make a big profit (to be determined).

4. Based on Depth data, calculate the average entry points and frequency.

According to the above ideas, the program automatically filters and displays the interface as shown in the following figure:

Series of Articles on ‘Meme Training Manual’

Rebirth: I Want to Be a Diamond Hand (Part 1) | Produced by Nan Zhi

Rebirth: I Want to Be a Diamond Craftsman (Part 2) | Produced by Nan Zhi

Rebirth: I Want to Be a Diamond Appraiser (Part Three) | Produced by Nan Zhi

Rebirth: I Want to Be a Diamond Hand (Four) | Produced by Nan Zhi

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