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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 00:58:23 UTC
Lost 10%+ of my funds in one day. uninstall thanks for the $500 loss.

Using recommended settings.

Butterbot buy btc at price x. btc prices drops $180, Butterbot sells at $150+ loss per BTC. Butterbot buys back at high price just below my initial purchase price. 10%+ loss. Better just leaving your BTC as BTC.

Closer to 20% loss.



Their was no need to test the "recommed" settings read my postings in this thread where i pointed that out already that btc-usd trading with ema is a slow sell off of bitcoins and as bitcoins keep increasing it shows usd profit but only because btc price get higher not from good trades.

But seems the developer isn't reading frequently here.

You keep trying to convince people of this, but it is actually not true.  Whereas any trading involves a mix of loss and gain, if I were farther ahead in the buy-n-hold portion of my investment, I would not be trading.  In fact, the opposite is true, so I continue to maintain 2/3 of my investment in the trade accounts.

Smiley