While LEMMINGS.AI is a new project launched in 2022, we are not newcomers to the game. We began with manual trading in 2017 and ventured into algo-trading cryptocurrencies shortly after.
We all know how frustrating and time-consuming manual day-trading can be. Bad decisions or simple typo-mistakes are part of the game, and handling associated emotions is challenging. Many people leads you to believe that using bots will solve the problem. However, you will soon realize it’s not that easy. Even bot can make tremendous losses or drawdowns in bear market, so you still need to decide what to trade and when to trade it. In the end, decision after decision leads to same frustrating turmoil you know so well from manual trading.
We were not different. Complete liberation from decision-making does not come easy. We had to develop automated system to choose market, start trading when the time was right and avoid exposure, when risk was too high. Not every strategy works forever, and we have to adapt to new market conditions. This requires elaborate back-testing, data-mining and optimizing. Risk management and statistics also cannot be underestimated. Each little improvement we did led us to whole new world of possibilities.
Step after step, we built our system and kept being there just for our own needs and our friends who joined the close community. In 2021 we came to conclusion our system is mature enough to go public and share.
What makes us different ?
You see crypto-bots everywhere on internet. But while many chose to improve advanced trading desk with full control and focus on mass sales of membership packages (and let users play and take full responsibility for their actions), we focused on results and full automatization. We believe that majority of users will not be able to reach consistent profits, even if using bots, if they have to set the bots all by themselves.
After all we have gone through, we don’t see much room for manual trading. And if you share this mind-set with us, we invite you to join us. And if you ask us, why we need new investors to join, the answer is – we do not need new investors. But we love to create a meaningful project.
Important Milestones
April 2017 | Manual crypto trading | |
September 2017 | New trading interface for manual trading | |
November 2017 | First manually managed bots on Binance | |
January 2018 | Sharing trading bots with our friends | |
June 2018 | Automatically managed bots by AI | |
October 2018 | Start of data mining & indicators based on big data | |
December 2018 | Retesting strategies / manual strategy optimization | |
February 2019 | Bot trading on Bitmex | |
September 2019 | New risk management and diversification strategies | |
May 2020 | Automated strategy optimisation engine | |
April 2021 | Developing Lemmings | |
October 2021 | AI Stress tests & Robustness optimization | |
March 2022 | Launch of Lemmings | |
September 2022 | First rebalancing bots | |
March 2023 | Bot trading on Kucoin | |
August 2023 | Enhancing mathematical bots |