Bitcoin Forum

Economy => Speculation => Topic started by: theblazehen on May 03, 2013, 07:13:15 AM



Title: What is the most profitable automated trade program?
Post by: theblazehen on May 03, 2013, 07:13:15 AM
I know of AidoATP and ga-bitbot


Title: Re: What is the most profitable automated trade program?
Post by: lucif on May 03, 2013, 07:15:15 AM
custom =)


Title: Re: What is the most profitable automated trade program?
Post by: theblazehen on May 03, 2013, 07:16:30 AM
I've tried and failed :(


Title: Re: What is the most profitable automated trade program?
Post by: gweedo on May 03, 2013, 07:21:01 AM
custom =)

Yeah custom is the only way to go, I have test out AidoATP, and it will never be profitable, as well as it has some huge issues.


Title: Re: What is the most profitable automated trade program?
Post by: theblazehen on May 03, 2013, 07:22:33 AM
custom =)

Yeah custom is the only way to go, I have test out AidoATP, and it will never be profitable, as well as it has some huge issues.

What is your opinion on ga-bitbot?


Title: Re: What is the most profitable automated trade program?
Post by: bonker on May 03, 2013, 07:23:42 AM
All stocks move in whats is called a "Random Walk"

This is economics orthodoxy

Therefore all attempts to trade with bots will fail in the long run

Economic theory cannot be wrong, too many books have sold!


Title: Re: What is the most profitable automated trade program?
Post by: massivebitman on May 03, 2013, 07:50:18 AM
Economic theory cannot be wrong, too many books have sold!
Economic theory is full of holes. It's just better than using guessing as a basis


Title: Re: What is the most profitable automated trade program?
Post by: DiThi on May 03, 2013, 08:13:33 AM
I been running my bot for about 9 Months and I been up about 1000%, I guess you would be wrong...

Just a single bitcoin investiment from 9 months ago yields the same profit...


Title: Re: What is the most profitable automated trade program?
Post by: bonker on May 03, 2013, 08:20:43 AM
I been running my bot for about 9 Months and I been up about 1000%, I guess you would be wrong...

Just a single bitcoin investiment from 9 months ago yields the same profit...

Yah, buy and hold for bitcoin is an unusually powerful stratgey. Bots look like they are doing well but are still junk compared to buy and hold.


Title: Re: What is the most profitable automated trade program?
Post by: hugolp on May 03, 2013, 08:59:57 AM
All stocks move in whats is called a "Random Walk"

This is economics orthodoxy

Therefore all attempts to trade with bots will fail in the long run

Economic theory cannot be wrong, too many books have sold!

The random walk theory admits that its a flawed aproach. It assumes a gausian probability (otherwise the calculations get so nasty that are impossible to do) when the empirical evidences of all the data gathered from stock markets show that they dont show a gaussian distribution.


Title: Re: What is the most profitable automated trade program?
Post by: arne on May 03, 2013, 12:10:34 PM
Trailing stops seem to work pretty good in a volatile market like this. That and being patient.


Title: Re: What is the most profitable automated trade program?
Post by: phorensic on May 03, 2013, 03:23:49 PM
I believe the rule in trading bots is that if you use somebody else's algorithm then it becomes no longer profitable.  Therefore, lucif is right: custom =)


Title: Re: What is the most profitable automated trade program?
Post by: smoothie on May 03, 2013, 03:25:35 PM
OP rolling dice. Flipping a coin. Eating shit.  :P


Title: Re: What is the most profitable automated trade program?
Post by: byronbb on May 03, 2013, 05:30:22 PM
If you find a money tree and provide a map to its location to everyone, guess what happens?


Title: Re: What is the most profitable automated trade program?
Post by: dg2010 on May 03, 2013, 06:17:03 PM
Yah, buy and hold for bitcoin is an unusually powerful stratgey. Bots look like they are doing well but are still junk compared to buy and hold.

Just like the markets always beat the hedge funds. You can play with the markets all you like but if you bet on the index, you will come out on top in the long run.


Title: Re: What is the most profitable automated trade program?
Post by: mgio on May 03, 2013, 06:28:53 PM
Therefore all attempts to trade with bots will fail in the long run

I been running my bot for about 9 Months and I been up about 1000%, I guess you would be wrong...

I first bought bitcoins 6 months ago in November and never sold and I'm up about 1000% too...


Title: Re: What is the most profitable automated trade program?
Post by: UltimateReaper on May 03, 2013, 06:30:30 PM
What is the most profitable automated trade program?

Your brain.


Title: Re: What is the most profitable automated trade program?
Post by: seleme on May 03, 2013, 07:34:06 PM
Therefore all attempts to trade with bots will fail in the long run

I been running my bot for about 9 Months and I been up about 1000%, I guess you would be wrong...

I first bought bitcoins 6 months ago in November and never sold and I'm up about 1000% too...

He already said he is up 1000% in coins, not their fiat value.

If that is true and he is not lying, it's fantastic achievement even if he is staring at screen for whole day and it's ultrafantastic if it is automated job.


Title: Re: What is the most profitable automated trade program?
Post by: sgbett on May 04, 2013, 07:29:54 AM
What is the most profitable automated trade program?

Your brain.

Hah, when it comes to day trading, definitely not my brain ;)


Title: Re: What is the most profitable automated trade program?
Post by: xorglub on May 04, 2013, 07:39:46 AM
What is the most profitable automated trade program?

Your brain.
Trading goes against your natural emotions of greed and fear. Definitely, absolutely not for day trading.


Title: Re: What is the most profitable automated trade program?
Post by: theblazehen on May 04, 2013, 10:23:29 AM
What is the most profitable automated trade program?

/dev/null ?
Btw ur videos are awesome. Sorry for off topic