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Merits 7 from 1 user
Re: "HCP's (at least) one month long experiment of the Arakne Trading Bot"™
by
pooya87
on 05/12/2019, 05:29:22 UTC
⭐ Merited by suchmoon (7)
could you please also add an ELI5 of the strategy that the bot is using to make this profit. i checked the main thread, it only had a simple 2 line explanation inside a picture that didn't have that much details.

it seems like the bot is using some sort of martingale "gambling" strategy and it also seems to me like it only performs well when the market is moving in a fixed direction (eg. from Nov. 30 to Dec. 4) and makes small profits during that time but if there is any change in the direction or any kind of volatility (eg. Dec. 4) it fails and leads to a big loss.