Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BOTCOIN (BOT) "The People's Bot!" - just .3 BTC! Pre-sale starts Monday!
by
statdude
on 04/09/2015, 18:55:24 UTC
BIG question on this bot as a hugely disappointed owner of Sampey's bot (C.A.T)---

CAT would NOT allow the market maker / ping pong to "take a loss", so if the market moved against you, the bot was permantly "stuck"

https://bitcointalk.org/index.php?topic=507103.msg8040498#msg8040498

Any advanced trader knows that you will not be able to ping pong at a profit 100% of the time. Maybe 90%, 80%, 70%, etc.

Will this bot allow the bot to "ping pong", staying on top or near on top of books at a fixed depth, whether the trade will "win or lose" versus the last?

Very simple concept. Don't "Block" the bot from taking a loss on ping pong. Market making is a long-term game.


I am in if so for at least 1 copy.