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Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
vesperwillow
on 04/11/2013, 15:42:02 UTC

ok thanks for the explanation  Smiley i´m also very new to this and don´t understand every setting in the bot. I also played with the Settings like different treshholds and ema like other People, but well i have the bot since 1 month and didn´t recognized much or any Profit.. Either i´m doing something wrong or i don´t know. I have just around 25-30$ to trade with. The bot trades but everytime i got the 30$ in BTC when he buy´s, and got like 30$ when he sells.  Huh

You'll see more profits with more money--but better yet, when there is a significant difference between the selling and buying price.

If your bot bought .20btc at $120 ($24 usd) and sold .20btc at $130, you will only see $26usd, and that's not counting any fees.

If you had .20btc @ $120usd but sold it at $180, then you would have $36usd, which is more noticeable.