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Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 28/10/2013, 23:15:57 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.

It has been said many times Flyboy, but will repeat it.  Use the demo to get a feel for what it looks and feels like, not for actual trading.  Chances are you will lose money.  It is a real trade engine, based on real a (old school in fact) strategy, it is not magic.

Looking for a testimonial?  Here is my experience.

Butter "paid for itself" within days of purchasing it.  It has since averaged 20% return each month.

Flyboy, I am going to repeat that.

20%/mo.

Yep, 20%

That is 240% APR.

During the time I have used butter it has made _scores_ of losing trades... um, because that is the very nature of trading.

Oh, did I mention 20% A MONTH RETURN!?  I am walking around with a perma-grin!  I made over $700 last month just off the mortgage payment I parked in BTC for 3 weeks until it was due (not that I recommend that).

Bottom line, wrong forum if you are suggesting the bot does not work; because it does.

Wink