and have API or web-socket interface ? 
just asking.

[Writing a state of the art code is the easiest part.]

Writing a state of the art code is the easiest part.
After Looking at the waves of the stock market at the first time with Zero knowledge in trading, stocks or finance, said to myself "I can write a code that will buy here, sell there and make a profit on the way. I'm not a trader and no way I'm sitting in front of graphs all day clicking buy and sell buttons."
That was easy to say being a software engineer who built numerous high performing platforms filling roles from programmer to CTO most of my life.

DYOR
The vast majority of the influencer's, podcaster's, youtuber's, tweeter's siglangroups and other shamans claiming to show you how to make money, don't know shit.
To distinguish between them you will have to listen to lot of them in order to understand what topic you should learn and understand the bits and bites of. it's an essential part of learning and there are no shortcuts.
The real people who influence this market, don't talk about it on the web but you can read their action in the exchange during drastic market changes.

Bitcoin,the most volatile market.
Once you ride this horse, others are easy to handle.
Focusing on one market to understand everything from A to Z is important. Once one has the full knowledge, it's easy to implement it on different markets.
TA's are nice but it's analyzing history. They can predict nothing. All they can tell you is what happens till this moment.
Neural Networks (AI) is subjected to what you teach the machine. if you teach historical data the output is useless.

There are tons of data out there, the ability to analyse and cross reference it in real time and decide on an action is the key part of this whole automated system, an advantage only a machine can do and it's all about data progressing.
What is the right data to make decisions upon? DYOR.

Manage losses is the only thing matters.
Bots make money all the time, but they also loose. How much they loose is up to your risk management strategy.
The key is not loosing more then earning over pre defined period of time.
To set up a profitable good risk management strategy you have to have a good understanding of the entire eco system.
You can make 90% win rate and then with one open position during a drastic market change , you can loose more then you made.
There is no such thing as not loosing a position once in a while. no matter how good your analysis is.
It's all about balancing the portfolio and not about a single position.

It never stops
-The Good.
Bot is acts like 'The Terminator'. Doesn't feel pity, remorse, fear and never stops till it's pre programmed plan complete.
Qualities like these are hard for traders to master.
-The Bad
Even the best designed autonomous car crashes sometimes on some unpredictable scenarios.
Good risk management will keep you running after recovery.

Development and learning never ends.
programming, security, databases, cloud, VPS, statistics, signal analysis, algorithms, real time processing, finance, investment, funds management, regulations, accounting, risk management, legal are just part of the topics one has to master.

ROI
Invested three years of living and gave up three years of income as CTO.

Was a he'll of a ride, one of the best, definitely do it again.

Been building a trading bot for a while now and came up with a question of fund management,

Till now placing bids of round amount like 100$ , it was easy for me to calculate the profits. but i only use 10-20% of the funds to increase profits. and i can do better.

now thinking to change the model and make the first bid half the money i have in the fund ie 1100 / 2 = 550$ , second bid if first one is still in place to be half of the remaining free fund 550 /2 =225$
it is rare that the bot places more then 2 bids , even not after the current drop. and the third one will be 112$

what do you think it makes sense ? or are there any other good strategies you can come up with ?

I found in a post here few days ago a website called whale-alert.io where one of the data's i can get is transactions of large amount of BTC to an exchange.

here is the question,
Lets say i get a message that there is a transaction of 100BTC to the exchange i'm currently using.
I can assume that it can affect the trade in some way ,
can look for changes in this amount of BTC in the order book but is this info can tell me somehow if the intention of the whale is to pull up or down the market ?
How reliable this type of data can be ?
Same scenario can be of leaving the exchange..
  

  

Just completed to develop my first trading bot and put it into a test run.
The trading model is far from being perfect, but so far (the last couple of days), does the job , didn't loose any money and earned a few bucks.

During the development a came up with a question, to use one bot or several bots.

If using one bot
The architecture is to fill up the code with endless number of restrictions and fallback parameters to avoid falls and gain maximum profit.
doing this the maintenance is hell, slows down reaction time, and there is always a little tweak to add that will probably brake the whole logic...
but
you have one bot for the job. and it will make maximum profit. (if there is such a thing...)

Or, use few bots
based on different methodologies like, take lower risks or higher risks, of when to buy or sell based on different models.
so some will perform better then the other
but,
compare to the first one it's hard to tell how it will perform..

Any toughs on this ?
thnx
/\/\rk

Hi all
Trying to figure out something,

Have a certain amount in a paper wallet and i want to withdraw half of it.

Using an HD wallet on my mobile and i scan the private code of the paper wallet.

at this stage the private code has been scanned and it's on my device so its not really private anymore. 

Am i missing something ?
Or the thumb rule is to withdraw all the amount from the paper wallet to avoid this situation ?

thanks
Mark