Wealth Builder Strategy FAQ
This is a comprehensive FAQ about the Wealth Builder Strategy - understand how it works, price movement, average movement, strategy period, take profit, and more. Learn how to optimize your trading with Tafabot's innovative approach!
1. How does the Wealth Builder strategy work?
- The bot tracks a coverage of 50% price movement and an average movement of 5%. This strategy ensures a 100% win rate when the coin being traded doesn't go over 50% in price movement.
2. What is price movement?
Price movement refers to the percentage change in the price of a cryptocurrency within a specific time frame. For instance, if BTC's price is $25,000 and it rises to $37,500, the price movement is 50%.
3. What is average movement?
Average movement signifies the typical percentage change in a cryptocurrency's price within a defined period. For example, if BTC's price is $25,000 and it increases to $26,250, representing a 5% movement, the bot would enter a new average entry for profit based on the specified strategy period.
4. What is the strategy period?
Strategy period indicates the number of times the bot will execute trades with the same configuration in both directions. It defines how frequently the bot assesses the market's movements to make decisions.
5. What is Take Profit?
Take Profit is a feature where the bot locks in profits whenever the market reaches a specific percentage movement.
6. What's the minimum to start on the Wealth builder?
- The minimum to start on the Wealth Builder Bot is $100.
7. What is the difference between low risk and medium risk?
Low Risk Mode (Recommended):
- This mode is designed to ensure you're not in long-term float. It can average a market that went 40% down to 7% for your breakeven. If a market goes more than 50% in price movement, it will close your trade for a 20% negative (You can stop it from closing by pausing the bot). Low risk will win every trade faster without a float that does not go over 50% price movement.
Medium Risk Mode:
- This mode aims for higher profits. If a trade goes bad, it doesn't average in and will hold the trade without a stop loss until the market starts to come back. It holds the float for a longer time while waiting for the market to recover.
8. Can I set some coins on low risk and some on medium risk in the same exchange?
- Yes, you can set different coins for low risk and medium risk within the same exchange.
9. How often will most coins go 50% in price?
- Historically, for BTC, it's once a year in a bull or bear market. Some Altcoins do it once in 3 months, and pump and dump coins do it once a month.
10. How does the market move?
- Most markets move about 10% to liquidate 10X high-risk traders. 70% of the time, it only goes 10%. 10% of the time, it goes 20%, and 10% of the time, it goes 25-35%. About 5% of the time, it goes 50%, and the remaining 5% it goes over 100% to liquidate all traders without stop loss (Risk Management).
11. How can I always win 100%?
- Trade popular markets like BTC, ETH, BNB
- Creating two bots, one for Long and one for Short, allows both sides to make a profit.
12. How often does this system win the market?
- This system wins the market about 95% of the time.
13. What is the configuration of the wealth builder strategy (low risk)?
This Trade configuration is tailored for both long and short positions, offering incredible benefits:
- Strategy Period: 100
- Bot Leverage: 10
- Click on (Low Risk)
- Price Movement: 50
- Average Movement: 5
- Take Profit: 0.5
This configuration for both Spot and Futures trading
Watch how to set up the wealth builder strategy (Low Risk):
https://www.youtube.com/watch?v=dgDp8leZWsY&t=16s
Feel free to drop your questions in the comments below if you'd like to know more about the Wealth Builder strategy. We're here to help and provide you with all the information you need!
Happy Trading!
