Quote from: Ipsum on October 24, 2013, 04:50:18 PM

Quote from: Rival on October 24, 2013, 12:23:40 PM

The only thing that really happened was that some folks who think bitcoin is just another market that you use Wall Street strategies for got their clocks cleaned.

The only people selling at $160 and $155 were wonks and day-traders that had stuck in stop-loss orders. Now when they wake up in the morning, they can look at their balances, and then climb back into bed and cry into their pillows because they got their pockets picked.

Bitcoin trading is not Wall Street, and if you try that crap eventually you will get eaten.

It's no different than trading anything else - there is no formula, and most traders, including professionals, end up failing to beat the market.

I agree. I enjoy high frequency trading. Pretty much the only time I get to exercise my programming skills. I have lots of experience with hi freq algo trading.

I have been looking around for exchanges with APIs that allow me to change at a high volume at a high rate through some available APIs or something.

I'm totally new to trading bitcoins. Started buying my first bit coins October 1st. I rely on intuition and understanding of politics economics and technology. As well as cutting edge information. So far it's been working out.

I love the high volatility of bitcoin. It's a paradise for hi-freq algo traders!

I used to do the hardware thing but realized it's too risky and the margins aren't worth my time. Fortunately I have a capital pool to gamble with bitcoins at a scale to make this worthwhile. Super exciting stuff.