Disappointment came up, when I looked at My Balance. All my coins on top in green. but my Estimated Portfolio Value dropped by 0.011, that is more than my Total Cumulate Gain.
I guess this is because the value of the coins dropped against my basic coin (BTC).
Should I therefore sell these coins now?
A hint could be an additional value to display: current Exchange rate accompanied with an arrow up or down to reflect the current change.
Do I do something wrong?
How can I make a trade, sell these coins? Do I need to login to the web site, or can I somehow sell this coins directly within CAT, to avoid further losses?
I don't know which coins you selected but this doesn't sound like a loss to me. Price of altcoins is fluctuating a lot usually, which means your estimated balance WILL drop if their price drops. However, this price usually comes up again - unless you selected new coins (which usually start with a higher price and end up being traded for much less).
The basic idea of CAT is to make your position in each coin you are trading better, if you are trading coin A and coin B, you must end up having more coins of each one when the ping pongs end. This is regardless of their price. YOUR job is to select the right coins that will not lose value over a short period of time. This is why there are options to limit the number of ping pongs to a desired number or trade a pair for a specific period of time and then return to the "safe" coin, i.e. BTC.
I would suggest to start with SMALL amounts until you learn how this works. Also, try spreading the risk by trading multiple coin pairs, if one of them fails the loss is not going to be a big one. And third but not least, trade some "safe" pairs as well, meaning coins that do not lose value over time. You don't care if price of LTC, PPC, DOGE or DASH drops right now, you
know it is going up again (which often doesn't happen with sh*tcoin X that was just launched and will be traded at 2-3 satoshi soon, while you hold a big bag full of those).
Keep in mind that big gaps in price often involve some risk. In example, I would prefer trading DOGE/BTC, with their one satoshi difference in price (approx 2.5%) and have many trades that will double my capital after a while, than risk with another coin, which has a huge difference in value but may come down while I am stuck much higher in price.
In other words, do not expect CAT to work like Wizard of Oz, you must work with it and and keep an eye on the markets and what exactly is CAT doing.
Edit:I know it is difficult to "accept" the drop in value of your whole portfolio on the exchange in question, but this is normal. You should just adjust CAT and let it do its work, until you are satisfied with what you see in numbers. And, for satoshi's sake, do not expect CAT to work eternally and just produce income, no matter how good you have set up a nice trading pair. I can tell you from experience that even the most stable pairs need adjustment every couple of days
at most (usually sooner). Unstable altcoins might need adjustment every hour. You were lucky you were still on top of orders list when you woke up!
Thank you , I thought your message helped me a lot, but still some questions came up:
I added therefore:
Sell All if % With Ref Price is < -10%
But the log file still reports:
PPC(REC-SELL-PO) : % Check Failed Reference Price : 0.00000008 VS 0.00000007 % Difference is -12.500 Must Be >= 0.60000000
I also noticed that in some cases it sold all my coins - except 1 Satoshi. I would expect that it stops after selling all. Do I miss another setting here?
I guess that 1 Satoshi remains is because of not calculating the trading fee correct.
Can you please explain the settings on Buy/Sell Pool at PingPong Parameters. Its all set to 100. What is it, why all set to 100?
Running Option has:
[] Run for [ 0 ] Min. And Return to o (my coin) o BTC
Can you please explain me that?
Is "Merge Equal" a good idea or not? Why?
A right mouse click in Pool, Orders & Trades should give me the chance to Edit, but a right mouse click does nothing for me.
In General Statistics - Chart I get only a table of Total Ping Pong Completed, but no CHART.
General Console shows now:
2016-09-26 09:56:02| 2016-09-26 09:56:02 - Poloniex : {"error":"Please do not make more than 6 API calls per second."} method :
https://poloniex.com/tradingApi2016-09-26 09:56:02| 2016-09-26 09:56:02 - Poloniex : {"error":"Please do not make more than 6 API calls per second."} method :
https://poloniex.com/tradingApi(I stop now some coins)
... and in Api Log
2016-09-26 10:27:22| 2016-09-26 10:27:22 - API Get User Orders Error. Trace Is :
java.lang.NullPointerException
-----
2016-09-26 10:27:22| 2016-09-26 10:27:22 - API Get User Trades Error. Trace Is :
java.lang.NullPointerException
Is there something I need to do?
Export Table to CSV File generally fails for me. I cannot change the directory. If I try, C.A.T. will crash (no response anymore, and I have to kill the process in the console of my operating system)
