Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
off and running....it was a minimum buy thing...had all my funds sitting in BTC and had to convert them to USD....didnt have enough cash readily available is there somewhere to factor in the trade costs? sorry....super newb to the bots
The way I read things is that with the BTC price on the up, if the funds in the account were held in BTC, the bot would have left the coins alone figuring that the market would have risen higher - hence no action on the part of the bot.
Once the funds were converted from BTC into USD, the bot, again thinking that the price of BTC was rising, would then buy BTC with the available USD.
Not 100% sure, but assume that trade costs are included in the overall buy/sell calculations.
That's my thinking anyway.
