Hi everyone!
I would like to present you my trading bots. Their objective is too make small trades on the short term (some minutes or some hours), on alcoins with a correct volume and with a potential to moon (kind of failed these last weeks
)
Anyway, here is the sum of my daily P&Ls on various altcoins (knowing that I earn less than that because the altcoins i'm generating as a reserve with the bots are plunging since I started).
I started mid February (on this version of the bot) with 0.75BTC and now, although almost all the coins have plunged, I have 0.92BTC (without taking any short position).
http://image.noelshack.com/fichiers/2018/10/5/1520628006-pnl.png
Don't hesitate to comment if you have suggestions on how to avoid this P&L halving due to the fluctuations of the altcoins.
Or if you have any question, I would be happy to give advices if you want to create your bot. If everyone does it, we'll have more volume, more liquidity and more stability on the cryptocurrencies !
I would like to present you my trading bots. Their objective is too make small trades on the short term (some minutes or some hours), on alcoins with a correct volume and with a potential to moon (kind of failed these last weeks
)Anyway, here is the sum of my daily P&Ls on various altcoins (knowing that I earn less than that because the altcoins i'm generating as a reserve with the bots are plunging since I started).
I started mid February (on this version of the bot) with 0.75BTC and now, although almost all the coins have plunged, I have 0.92BTC (without taking any short position).
http://image.noelshack.com/fichiers/2018/10/5/1520628006-pnl.png
Don't hesitate to comment if you have suggestions on how to avoid this P&L halving due to the fluctuations of the altcoins.
Or if you have any question, I would be happy to give advices if you want to create your bot. If everyone does it, we'll have more volume, more liquidity and more stability on the cryptocurrencies !
Surely the most interesting thing would be to know what algorithm you are using.
Making it fully open-source would even better: sharing is caring, and like you said, it would increase (at least by a little) global liquidity, notably if it use limit orders.
Doing market makers bots for small markets with big spread would also be great and healthy for the corresponding markets. With a good strategy, and, if needed, human supervision, it can prove very profitable.
overall, congratulations for what you have achieved but I think you need to disclose a lot of more specific details: does it short? does it market buy? what's the underlying algorithm? have you back tested it? are you confident it would never fail? what are the exact markets you've used it on so far? any idea to make it more safe/successful?