Thanks guys
Another quick question.
Currently im only trading LTC, seeing how it goes. I have like 2.5 coins in there. leaving profit at .6, is it better to create an order at a higher number like 1.5 (buy/sell) or a smaller order like .5 (buy/sell)
I have noticed at 1.5 there is much less transactions but bigger profit, will the smaller transaction amount lead to more trades and more profit or will it likely be the same?
There is a risk in setting the minimum profit percentage too high: market price might move away from this price while your bot is waiting for its orders to be fulfilled. With the default setting you get very small profit with each ping pong completed but it is safer. Of course the 0.6% is almost nothing after you subtract the 0.5% fees (for Bittrex i.e.).
I think 1.5% is too high for this market (LTC/BTC on Bittrex). Try setting it to 0.8% first to see how it goes and go up gradually.