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Title: Christmas trading Post by: stompix on December 19, 2013, 07:41:13 AM Hello,
I wonder how things will unfold this Christmas. Sure , lots of people will stop doing trades , watching the prices on x-mas and during New Year , but a lot won't. How many traders will still be active these days? And will some manipulator try to take advantage of this? Title: Re: Christmas trading Post by: piramida on December 19, 2013, 07:43:07 AM my bot does not care about xmas.
Title: Re: Christmas trading Post by: Bitbuy on December 19, 2013, 07:50:50 AM I'm just gonna sit this one out at the sideline, at least until all the fud-spreading & panic selling is done.
my bot does not care about xmas. BTW, Is this your Bot: http://obamapacman.com/wp-content/uploads/2010/12/Futurama-Robot-Santa-Claus.jpg Title: Re: Christmas trading Post by: accord01 on December 19, 2013, 08:09:43 AM my bot does not care about xmas. How much does a bot make? Are bots more effective than human traders? Title: Re: Christmas trading Post by: Bitbuy on December 19, 2013, 10:28:05 AM my bot does not care about xmas. How much does a bot make? Are bots more effective than human traders? It depends how you let it trade :) Also, some things can not be completely handled well, like this China thing... Title: Re: Christmas trading Post by: piramida on December 19, 2013, 10:34:25 AM the only time i lost with a bot is when taking manual control. humans are silly greedy monkeys, with no exceptions, remember. bots just follow the pattern of buy low sell high, can't lose.
Title: Re: Christmas trading Post by: Bitbuy on December 19, 2013, 10:37:10 AM Can I be so bold to ask which one you are using? I looked at Butterbot & Gekko so far. (trading on EMA)
the only time i lost with a bot is when taking manual control. humans are silly greedy monkeys, with no exceptions, remember. bots just follow the pattern of buy low sell high, can't lose. Title: Re: Christmas trading Post by: joburgtaxi on December 19, 2013, 10:38:00 AM the only time i lost with a bot is when taking manual control. humans are silly greedy monkeys, with no exceptions, remember. bots just follow the pattern of buy low sell high, can't lose. Which bot are you using ? Title: Re: Christmas trading Post by: piramida on December 19, 2013, 10:39:06 AM the only time i lost with a bot is when taking manual control. humans are silly greedy monkeys, with no exceptions, remember. bots just follow the pattern of buy low sell high, can't lose. Which bot are you using ? balancer / range trader for goxtool (search goxtool). Title: Re: Christmas trading Post by: Bitbuy on December 19, 2013, 10:41:08 AM Thanks! Will definitely look into this.
Title: Re: Christmas trading Post by: Bitbuy on December 19, 2013, 10:42:32 AM ah I see :) It's your bot ;D
Thanks for the pointer, will test drive & if I like it I'll tip ;) Title: Re: Christmas trading Post by: piramida on December 19, 2013, 11:09:24 AM ah I see :) It's your bot ;D Thanks for the pointer, will test drive & if I like it I'll tip ;) tip prof7bit, the author of goxtool and balancer bot - you might want to start with that, much harder to lose money with it :) Title: Re: Christmas trading Post by: BitchicksHusband on December 19, 2013, 03:59:48 PM my bot does not care about xmas. Heathen bot! Does it have no soul? Seriously though, looking at your bot, you will end up in all fiat as bitcoin goes up past your "trading corridor". That's definitely losing money in my book. Title: Re: Christmas trading Post by: piramida on December 19, 2013, 04:57:42 PM Heathen bot! Does it have no soul? Seriously though, looking at your bot, you will end up in all fiat as bitcoin goes up past your "trading corridor". That's definitely losing money in my book. It secretly worships satoshi :) Yes, you are right, all fiat at the upper bound all BTC at the lower bound. Pick bounds carefully. Now I'm trading at 450-1350. If the 1300 is broken, bot is all FIAT and losing opportunity, so I turn it off for the rallies, buy all in, and sit back. Nothing beats plain old HODL during the rally. This one is intended for periods of instability and range-bound volatility. Of course, you should never give this bot all your money, that would be quite silly :) |
