Post
Topic
Board Service Announcements (Altcoins)
Re: 【BOT】C.A.T. Cryptocurrency Automatic Trader 3.9 0.5฿ LifeLicense 13 Exchanges!
by
Gunthar
on 27/05/2016, 21:05:28 UTC
Good point. This is important to understand tho: some people think about CAT as an automatic "trader" like you can setup once and let it run for days and then just grab/collect your earnings after one or 2 weeks! I dont think it is like that, am i wrong? You need to study the markets, to follow them daily (and maybe intraday for some coins) and then adjust your settings following "quite what you would trading manually".
So CAT is not your golden egg's chicken but it is something you can use to eat, answer your phone, read your emails, get a shower....WHILE with a corner of your eyes you watch it "trade" for you (saving your eyes from continuosly lurking at graphs and markets waiting the exact moment to PUSH).
Am i wrong?

Yes, but sometimes the price is quite flat for weeks or even months, so there is little or nothing to change. Then when it jumps like yesterday it may establish a new equilibrium. Imho CAT performs at its best in relatively flat markets, with frequent price retracements up and down, where trading manually you would have to spend lots of time for little margins.
I hope there is a short limit to face bears then it would perfect to start some speculations.