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Economy => Speculation => Topic started by: citboin on July 23, 2013, 04:08:04 AM



Title: Most successful trading algo
Post by: citboin on July 23, 2013, 04:08:04 AM
Perhaps you have one to share? Likely not  ::)

I have heard many times that vortex trading is real profitable, however have yet to test for myself. I am looking to play around with a few bitcoin. Any ideas?


Title: Re: Most successful trading algo
Post by: zoinky on July 23, 2013, 04:10:32 AM
Just listen to everyone in this forum  ::)


Title: Re: Most successful trading algo
Post by: citboin on July 23, 2013, 04:35:09 AM
Sell! Sell! Buy! Buy!

So... do the opposite?  ::)


Title: Re: Most successful trading algo
Post by: worldinacoin on July 23, 2013, 04:36:40 AM
Just listen to everyone in this forum  ::)

Better use your common sense or you will go mad listening to all the arguments and speculations.


Title: Re: Most successful trading algo
Post by: drawingthesun on July 23, 2013, 04:54:52 PM
Perhaps you have one to share? Likely not  ::)

I have heard many times that vortex trading is real profitable, however have yet to test for myself. I am looking to play around with a few bitcoin. Any ideas?

Actually it can be profitable.

If you create a bot that can detect other bots being run by idiots to do vortex trading[1], then you might be able to take advantage and trade against them[2].

[1] - Design a bot that runs vortex on real-time data, look for the patterns and then look at the markets. You might see idiots trading real coin with a vortex bot if the same patterns emerge.

[2] - If you successfully detect an idiot running a vortex bot, try predicting their next move, if successful you can game it and steal their money before the owner comes online.


Title: Re: Most successful trading algo
Post by: ElectricMucus on July 23, 2013, 05:22:41 PM
Buy high sell higher and buy low just sell is what worked for me in the past.

Trying buy low and sell high almost always made me miss the target.

Also trade often, don't try to be a hero, and most importantly: Don't fight the tape.


Title: Re: Most successful trading algo
Post by: lucas.sev on July 23, 2013, 06:19:38 PM
Buy high sell higher and buy low just sell is what worked for me in the past.

Trying buy low and sell high almost always made me miss the target.

Also trade often, don't try to be a hero, and most importantly: Don't fight the tape.


What do you mean by that one?


Title: Re: Most successful trading algo
Post by: ElectricMucus on July 23, 2013, 06:23:11 PM
http://en.wikipedia.org/wiki/Don%27t_fight_the_tape

In detail, never try to "move" the market with "strategic" orders. Each time I tried that I lost money.


Title: Re: Most successful trading algo
Post by: SgtSpike on July 23, 2013, 06:26:43 PM
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.


Title: Re: Most successful trading algo
Post by: rampantparanoia on July 23, 2013, 06:30:57 PM
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!


Title: Re: Most successful trading algo
Post by: notme on July 23, 2013, 08:14:58 PM
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!

you must be new here


Title: Re: Most successful trading algo
Post by: oda.krell on July 24, 2013, 12:47:04 AM
Similar strategy to what Electricmucus described above, I guess. I would call it "trading into an established, or better yet: about to be established trend".

The tricky part is to a) determine correctly if a trend is in fact established, i.e. if it'll last long enough for you trade profitably, taking into account slippage and fees, and b) determine the above *slightly* earlier than the rest of the pack.

My biggest problem: I trade on bitstamp, but the relevant trends are made on mtgox. Between the time it takes trends to arrive from the latter to the former, some profitable opportunities are lost.


Title: Re: Most successful trading algo
Post by: rampantparanoia on July 24, 2013, 08:26:55 PM
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!

you must be new here

ah I read it wrong, sorry Sgt. Dyslexic :)


Title: Re: Most successful trading algo
Post by: codesuela on July 24, 2013, 11:38:19 PM
1. buy high
2. sell low
3. ???
4. profit

https://lh3.ggpht.com/-Ea45di0PhIA/Tq64MYxO78I/AAAAAAAAAUk/1IB-N6ujokU/s320/Underpants+Gnomes.jpg