Re: [ANN] Bittrex / Poloniex / Cryptsy All Coin Trading Software, Quatloo Trader.
Guys please tell me. The bot starts in a very big minus 1 version Bitrex. Share please profitable settings. Even if the profit will be 10 Satoshi purchase / sale, but it will even be a profit rather than a negative permanent. Please tell me the normal setting for a good a pair.
Stop using the bot immediately. Learn how to trade. The bot is not some mystical turn it on and magically make money machine. If it did that, everyone would use it, and If everyone was making money, where is that money coming from? The bot helps you by automating specific trading tasks, but you need to know what you are doing. If you just leave the bot on buying and selling for you all day, ALL it can do is lose money and you will never make any.
Listen to this man/woman/wildebeast
I suggest anyone looking to trade anything grab a couple of books from amazon or your local library if they have them.
Secrets for profiting in bull and bear markets by Stan Weinstein
Trader Vic: Methods of a Wall Street Master by Victor Sperandeo
You can also seek out other sources for how to read a chart. There are a couple of decent options for altcoin charts now. Coinigy.com is awesome and covers every single exchange including ones I have never heard of and if you have an android tablet or phone you can grab ztrader from play, the charts are pretty decent on it as well.
For anyone looking to learn how to trade altcoins I would suggest picking a coin or 2 that YOU are willing to hold onto long term. They can move rapidly and with the coins like DGB/POT/etc that are trading in the 2 and 3 digit sat range they can drop or climb 25%+ in a matter of minutes. Standard loss taking doesn't apply if YOU believe that some coins will eventually be worth many times what they are now.