Quote from: Stephan224 on November 08, 2013, 07:14:39 PM

Quote from: enki74 on November 08, 2013, 06:38:12 PM

Very simply the field in "trade bot settings" called "Min currency drop" changes to reflect the amount of my trade. My point has been that this min drop or raise is the amount that the market must move before profit can be taken therefore smaller trades have smaller fees and market can move 3 cents and profit 2 a thousand times a day or 20 seconds divided by the seconds in a day (if there were trade opportunities for each 20 sec period). Very simply you have that field Min currency drop raise in there for a reason and its tied to my trade amount......

As for what your saying about 1 "coin" I do not see that I see the amount change based on whole number or partial numbers of "coin"

And yes I have other questions that I have posted if your interested in those, screen shots are included...

You do not have to post anymore screenshots, i have seen them all. I have also seen your questions but as far as i know right now most of those questions will answer themselves in time. This normally how it goes.

You are right you can trade much more and get on every wave the currency makes, even is this wave is very low. However, this is only possible if you trade with a low amount of coins. So you should trade with less then 1 coin to get this working.

Testable example:
You trade 1 Bitcoin at the first trade bot and 0.2 Bitcoin at the second trade bot.
You are trading with a fee of 0.5%.

Now lets look at the fee you have to pay for both trade-bots:
0.5% fee costs of trading 1 bitcoin is 0.005 bitcoin. Do this times 2 because you need a buy and a sell, resulting in: 0.01 bitcoin total fee costs.
0.5% fee costs of trading 0.2 bitcoin is 0.001 bitcoin. Do this times 2 because you need a buy and a sell, resulting in: 0.002 bitcoin total fee costs.

To get the market movement you need to get the current buy price, multiply if by the total fee costs and you are done.

This part is the easy part to understand. Now, lets look to a situation where you have a trade bot setup with 20 coins in it.

0.5% fee costs of trading 20 bitcoin is 0.1 bitcoin. Do this times 2 because you need a buy and a sell, resulting in: 0.2 bitcoin total fee costs.

This far everything is the same. But now the market movement. Like i told before the market prices are shown with trading 1 bitcoin. But you are trading with 20 bitcoins now, so you can not use the market chart this time unless you calculate is back to 1 coin. So lets take the 0.2 bitcoin total fee costs and divide it by 20 bitcoins. This makes 0.01 bitcoin required market movement. Again do this times the current by price and you get the real needed market movement.

In conclusion;
0.5% fee costs @ trading 0.2 bitcoin = 0.001 bitcoin. Times 2 = 0.002 bitcoin total fee costs. Required market movement: 0.002 bitcoin * currenct buy price.
0.5% fee costs @ trading 1 bitcoin = 0.005 bitcoin. Times 2 = 0.01 bitcoin total fee costs. Required market movement: 0.01 bitcoin * currenct buy price.
0.5% fee costs @ trading 20 bitcoins = 0.1 bitcoin. Times 2 = 0.2 bitcoin total fee costs. Divide by 20 to get back to 1 coin. Required market movement: 0.01 bitcoin * currenct buy price.

Like everybody is telling you here, the market movement is different from the fee costs. Yes they are related, but less then you think.

BTW I can recommend you to review the currency extended chart at the benchmark form. It shows you the minimum values in action.

Thanks Stephan224 Yes I am trading small amount at a time .1 .3 etc, however if I trade 10 coins my fee is $6.20 if I trade 1 it is .62 cents so I still can not see how one can say that it does not require a movement of more to trade 10 coins? Are you saying that the fee and the trade for 10 coins happens 10 times to fill the order so the fee is always .62 for each trade? If so why does the field go red and say min market drop/raise change?

PS... I see now the action of the red flag on the drop raise and see that in fact this is what your saying its based on trading 1 coin 10 times. Thanks for being a single bright ray of reason in a bucket full of crabs trying to bring people down with there supposed intelligence you my friend have the wisdom of a genius!