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#msg8040498Any 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.
Good questions. We have geared this bot to be able to handle the sort of scenarios your are describing. You will be able to take losses and design your own strategy. Anything less should not be considered a well designed bot.