I forgot to mention I'm stationed in Korea and have access to some foreign trading sites through my Korean wife's identity.  So hopefully I can find some liquidity there.

Thats why I've thought about DAI-USD as another close to $1.00 trading pair instead of tether. Plus on the tether trade cant you just set a stop limit of .97cents to make sure you're good to go in terms of stopping losses.

I'm thinking of testing this idea in a bot then putting 6 figures into it to trade on each buy and sell. Really try to swing some markets.

Hello All,  Ive been trying to investigate the possibilities of setting up trade bots to buy and sell the fluctuations of stable coins like DAI and Tether.  Can anyone tell me why its a bad idea?  I think theres profit in the variable 0.01 to 0.001 fluctuations in price that happen daily as the prices push and pull across the $1.00 dollar line. I wonder about the ability of bots to trade to the thousandths or hundredths of a penny for profits.

Can there be profits made buying sub 1.00 and selling above 1.00?  I have a good amount of money to put into the bot.

Mark do you have any resources or recommendations on bot usage. I have wanted to use USD to USDT to auto trade within a 0.005 range.  Tether can fluctuate between 0.996 to 1.001 multiple times weekly if not daily.  I cant find a trading platform that will let me plug in a specific number buying range and sell range like I laid out. 

Any ideas on how to build this into a Kraken account?  Who could I hire to make a bot.  I'm just not literate with charts and programming to do it. I figure an auto pilot bot to buy tether low then sell high and rinse and repeat all day long can produce some certainty especially if I just place 10 to 100k in there to start and let is sit for 6 months.