UnTrade is excited to announce a significant milestone in its mission to revolutionize algorithmic trading in the cryptocurrency market. Our recent “Create and Earn” program has not only showcased the potential of advanced trading algorithms but also highlighted the exceptional talent within our community. Today, we’re thrilled to spotlight one of our standout participants, Đức, whose innovative approach to trading the BTC/USDT pair has earned him a $10,000 allocation.
Create and Earn Program: Fostering Innovation in Crypto Trading
The “Create and Earn” competition, hosted in 2023, brought together over 50 exceptional individuals who demonstrated consistent alpha generation across the challenging 2020-2023 market conditions. These talented participants excelled through a rigorous 3-week front-run monitoring phase, proving the robustness of their strategies in real-world scenarios. The competition’s success was evident in its impressive outcomes: UnTrade allocated a total of $500,000 to the top 50 algorithms, with each receiving $10,000 for live trading. This substantial investment underscores UnTrade’s commitment to nurturing top-tier trading talent. Additionally, in line with our innovative profit-sharing model, we distributed an extra $100,000 among participants, further incentivizing excellence and aligning the interests of algorithm creators with the platform’s success. This comprehensive approach not only rewarded top performers but also fostered a competitive yet collaborative environment, pushing the boundaries of what’s possible in algorithmic crypto trading.
Spotlight on Đức: A Rising Star in Quantitative Trading
Đức’s journey from a college graduate to a top-performing quant trader exemplifies the opportunities UnTrade offers to skilled algorithm developers. Let’s dive into his experience and insights.
Đức’s Background and Journey to Quant Trading
Đức, originally from Vietnam, graduated from Augustana College in Illinois, USA, with majors in Finance, Accounting, and Management. His path to quantitative finance was born out of initial struggles with traditional trading methods:
“I started with technical analysis and manual trading, losing a significant amount of money. In my darkest moment, I discovered quantitative finance – the use of algorithms and APIs to create automated trading software. Through rigorous study and practice, I transformed my trading results. I’ve been in this field for four years now, and it’s been a game-changer.”
UnTrade: A Platform for Innovation and Growth
When asked about his experience with UnTrade, Đức highlighted several key advantages:
- Comprehensive Data Access: “UnTrade provides full historical data in all timeframes for BTC, which is crucial for developing robust strategies.”
- Effective Trading Approach: “Their approach to trading the BTC/USDT market aligns perfectly with my strategy development process.”
- Creative Freedom: “I enjoy the strategy creation process – finding patterns in the data, formulating strategies, and using my creativity within UnTrade’s framework.”
- Fair Reward System: “UnTrade’s transparent system ensures that my algorithm’s performance is rewarded appropriately, motivating me to continually improve and innovate.”
Strategy Development: Đức’s Approach
Đức shared insights into his methodology for creating successful trading algorithms:
“To build a robust trading strategy, you must ensure the algorithm performs well above average in all market conditions. I achieve this by effectively splitting the data, and separating training and test sets. This approach helps me optimize parameters for consistent performance across various market scenarios.”
He also praised UnTrade’s development tools: “UnTrade’s SDK is intuitive and allowed me to craft an algorithm that integrates seamlessly with their app. This means my subscribers can easily follow my strategy without any manual intervention.”
Đức’s Vision for UnTrade and Its Investors
Looking to the future, Đức expressed ambitious goals:
“I aim for my algorithms to consistently generate at least 150% return annually. Beyond personal success, I envision UnTrade growing into one of the largest automated algorithmic trading and copy-trade hubs. My hope is that all UnTrade investors will consistently grow their wealth effortlessly, creating a strong and prosperous community.”
New Trading Challenge: Push Your Limits
Building on the success of our previous competition, UnTrade is launching a new challenge for aspiring and experienced quant traders. This time, we’re raising the bar even higher.
Key Criteria for Winning Strategies:
- Drawdowns: Maintain under 15%
- Recovery Time: Aim for 30-40 days
- Monthly Returns: Target 7-8% (84-96% annually)
- Focus: Consistent profitability over extreme gains
Competition Details:
- Objective:Create and deploy innovative BTC/USDT trading algorithms
- Eligibility:Open to individuals, teams, and firms globally
- Entry Deadline:10 Sept 2024 (Tentative)
- Competition Period:2 months with a mentorship component included.
- Judging Criteria:Profitability, risk management, strategy complexity, and rule adherence
- Prizes:$10k allocation for top-performing intraday algorithms, with additional incentives for notable strategies and smart innovations.
How to Enter
Ready to showcase your skills and potentially earn significant rewards? Here’s how to join:
- Join Our Telegram Channeland Say Hi
- Download our SDK and access historical data
- Develop and backtest your strategy
- Submit your algorithm by the entry deadline
About UnTrade: Empowering the Future of Crypto Trading
UnTrade stands at the forefront of quantitative finance and algorithmic trading in the cryptocurrency market. Our mission is to democratize access to sophisticated trading strategies, empowering both experienced quants and aspiring traders to thrive in the dynamic world of crypto.
Key Features of UnTrade:
- Advanced Algorithmic Trading Environment: Develop, test, and deploy cutting-edge trading algorithms.
- Comprehensive Data Sets: Access extensive historical and real-time data for deep market insights.
- User-Friendly SDK: Seamlessly integrate your trading algorithms with our platform.
- Transparent Reward System: Fair compensation ensures mutual benefits for developers and investors.
- Community-Driven Growth: Collaborate, share insights, and grow wealth collectively.
- Risk Management Tools: Built-in features to protect investors and maintain sustainable growth.
By bridging the gap between sophisticated trading strategies and everyday investors, UnTrade is reshaping the landscape of cryptocurrency trading. Join us in our mission to create a more accessible, efficient, and rewarding trading experience for all.
Start your journey with UnTrade today and be part of the algorithmic trading revolution!
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