Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
As I understand it, the btc-e API only allows you to poll once a second max.
If you show what you mean by '20 trades a minute' with a section of a graphed image, then it'd make your requirement a little more clear I suspect...
If you show what you mean by '20 trades a minute' with a section of a graphed image, then it'd make your requirement a little more clear I suspect...
miaoux, his assertion is a common one among kids that believe bots can somehow create trading. Even the busiest exchanges can go hours without enough movement to create a profit margin for a single trade. It is a similar argument to "many small trades cost less in fees then one large trade of equal value".
They will argue their point independent of any reason, and it is simply not worth the forums time and bother to try to point out the basic mechanics of trading to them.
I know what bots do, and I am fully aware of how a bot works, and what it does, and how it does it. You can assumptions you want don't bother me one little bit. I could continue and go on all night about bots. However I don't have the time to waste when theirs more important things to do than talk to you. Maybe I should start making a bot and post it here. Then again I dont have the time it takes to put into coding when I am already coding my own website back office and setting a business up.
Miaoux I was referring to having more trading options and more aggressive ways of trading. When I was saying x amount of trades per min. Their would have to be enough trades going on to trade. So far from what my friend has shown me the bot has made only 2 trades within an hour with the settings he had it set. With that time window their should of at least been 10 to 15 trades happen for the bot to buy and sell on BTC/USD on btc-e at the time when he was showing me their was more than enough trades from people going on for your bot to also trade at that time too.
In the other post on here someone explaining making 15 trades that is very little for a bot. Am thinking it maybe something to do with sending and receiving data for the bot to look at and make its move from what a user has had their settings at. For the update window I think that 20sec is a little too long if theirs a lot happening with trading then a lot can happen in 20sec and the bot can miss out. maybe have it from 1 sec to 5 5 10 15 etc and above or having implemented a live feature s its live all the time. If the bot is looking every 20sec sending trades or updating every 20 sec this time frame is too big.
Right on! that guy is a math bully!
Lol Enki74 and crazyearner, you both are hopeless.
Smaller trades do not have a smaller fee, because the fees is a percentage.
You better be trolling!
LOL ur completely blind to what others are saying and your statement is part of the answer yes its a % of the trade amount therefor smaller trade amount is smaller Fee amount requiring smaller movement in the market before a trade is made, WTF so smart but yet so blind...
Wow, so you are not trolling? Okay... Example:
A = 10 BTC @ 300 USD
VS
B = 1 BTC @ 300 USD
.5 trading fee:
A = 15 USD FEE
B = 1.5 USD FEE
BTC Price moves to 301.5:
A = 3015 USD (Fee Paid)
B = 301.5 USD (Fee Paid)
Would you look at that, they both need the exact same move in the market in order to be profitable...
Now please get of your high horse and accept when other people are right and you are wrong...
Like I said, I have learned not to argue with them lol. Math _is_ a bully, and a bitch. It will win every time.
Here is a simple one for ya then if its of no consequence then why the hell does the "minimum currency raise" and "minimum currency drop" fields change to larger amounts as trade amounts are higher? Seems that is the million dollar question