Newbie to C.A.T. here. Not at all crypto trading though. Just looking to get some help on using C.A.T.
I'll be trading LTC/BTC pair on Poloniex with C.A.T. Let's assume I have 2 BTC and 100 LTC (~$4000 in each coin, ~$8000 total) in Poloniex. My goal is to keep C.A.T. running 24/7. I'm looking to gain about $250/wk and plan on risking half my assets (6.25% gain/wk) using C.A.T.
Using the C.A.T. default setup, do I just create a Ping using the Ping Order Creator for a buy and a sell and forget about it? I understand to hit the Suggest Prices button and then add a Buy and Sell Ping. What quantity should I be using if I want to risk 1 BTC and 50 LTC?
Furthermore, are there any more experienced users that could recommend some better settings? Is .6 what everyone uses for Min % Guaranteed Gain?
Looking for some helping C.A.T. advice please.