Summary of "60 Days Trading Challenge | Day 1 | Free Cryptomaty Algos |@cryptomatyofficial | Theta Gainers"

The video introduces a 60-day crypto trading challenge starting with a capital of ₹4.9 lakh, using custom-built algorithmic trading strategies (algos) and an AI-powered scanner on the Delta Exchange platform. The presenter emphasizes the complexity of trading in the volatile crypto market and the difficulty in consistently being profitable. To address this, he has selected a focused list of about 45 coins (out of ~140 available on Delta Exchange) based on liquidity, coin size, and volatility, to better capture profitable trading opportunities.

Main Financial Strategies and Market Analysis:

Selection of Coins: 45 coins chosen for trading based on liquidity, size, and volatility to maximize trading opportunities and avoid the noise of the full market.
Algorithmic Trading: Five algos are deployed:
- Bitcoin Algo
- Ethereum Algo
- Three Multicoin Algos (dividing 43 coins into three groups to avoid data errors)
Market Sentiment Analysis: Current market sentiment is bearish, as indicated by the algos showing selling signals across most coins.
Trade Execution Logic:
- Trades are placed only when the algo detects clear bullish or bearish signals.
- If the market is sideways or mixed, algos do not place orders.
- The algos use AI scanners that analyze multiple technical indicators and timeframes to confirm trends.
- Stop-loss (SL) and trailing stop-loss mechanisms are incorporated.
Capital Allocation: ₹4.9 lakh capital is used to provide sufficient margin and buffer, allowing the algos to run continuously without margin issues.
Focus on Percentage Gains: The goal is sustainable growth based on percentage returns rather than unrealistic large multipliers.
Use of AI scanner: The AI scanner analyzes ~140 coins on Delta Exchange, filtering coins by trend (bullish, bearish, sideways) to identify best trading candidates.
Manual vs Algo Trading: Users can trade manually using the scanner or deploy algos that automatically execute trades based on predefined rules.
Long-term Approach: The challenge is designed to demonstrate systematic trading over 60 days, highlighting how consistent, rule-based trading can grow capital.

Methodology / Step-by-Step Guide:

Select a focused watchlist of ~45 coins from the larger pool based on liquidity, volatility, and coin size.
Deploy multiple algos to cover these coins (Bitcoin, Ethereum, and three multicoin groups).
Use an AI scanner to continuously analyze market sentiment and coin trends (bullish/bearish/sideways).
Place trades only when clear signals appear across multiple indicators and timeframes.
Use stop-loss and trailing stop-loss to manage risk.
Allocate sufficient capital (~₹4.9 lakh) to ensure margin availability and avoid forced liquidation.
Track daily PNL and trades to understand performance and adjust strategies.
Ignore sideways market conditions to avoid unnecessary trades.
Encourage feedback from viewers for additional scanner features (e.g., inside bar scanner, breakout scanners).
Share daily updates on capital status, profitable and losing trades, and market conditions.
Maintain a long-term perspective and avoid greed-driven unrealistic expectations.

Additional Notes:

The presenter plans to release separate videos explaining the algos and how to use the AI scanner effectively.
The platform and tools (Crypto Profit Pulse, AI scanner) are free to use for anyone with a Delta Exchange account.
The presenter is also running a similar challenge on the Nifty market with ₹5 lakh capital.
Viewers are encouraged to suggest scanner ideas to improve coin selection and trading efficiency.

Presenter / Source:

The video is presented by the creator behind the @cryptomatyofficial channel, who has personally developed the trading algos and AI scanner used in this challenge.