Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
flyboy
on 27/10/2013, 21:07:49 UTC
So far I'm going to so no to butterbot

Started it on Friday with default settings for gox

Started with 7.9 @ 195ish

First sale 188$ the lowest point this weekend.

First buy 205$ very close to the high for the weekend.

I went from 7.9 to 7.2 in two days.

At this rate I will be broke in a month.

Sounds like you need to read more about ema trading. Many, if not most, of the trades will be unprofitable.

by the way, thats an 8.8% loss in one trade...