Re: margin - Bitcoin Bot: Binance, Kraken, KuCoin, Bitfinex, Bittrex, Coinbase etc.
I've looked at the scalebot video and I think it does what I want but I'd like a confirmation.
I trade BTC-EUR on Kraken. My goal is to profit from any move up or down, increasing either my BTC stash or EUR stash. At the moment all the orders are layered by hand, which is time consuming, and if there is a move while I'm sleeping or doing something, I can miss some trades. When BTC goes up, I sell at some interval, then when it goes down, I buy back, with about 1% profit. I also do the reverse, it BTC goes down, I buy, then sell when it goes up.
With one scalebot in sell mode and one in buy mode, I should be able to do the same, right ?
I believe you only need 1 strategy to do what you ask. Here I have a strategy setup with 4 levels, the buy levels are $60 apart, the percentage of eff profit is 1% I trade BTC-EUR on Kraken. My goal is to profit from any move up or down, increasing either my BTC stash or EUR stash. At the moment all the orders are layered by hand, which is time consuming, and if there is a move while I'm sleeping or doing something, I can miss some trades. When BTC goes up, I sell at some interval, then when it goes down, I buy back, with about 1% profit. I also do the reverse, it BTC goes down, I buy, then sell when it goes up.
With one scalebot in sell mode and one in buy mode, I should be able to do the same, right ?
I have the program set to add profit to allocated funds.
When I hit start it puts 4 buys out. Then as the buy takes place a sell order is created. After the sell order is filled it adds the reciprocal buy order adding in the profit to the buy order and thus the sell order and around we go.
The bottom picture is not showing off, the outcome is indicative of properly run scale strategies. Mind you this is also a very good market.
CTShaman
BTC/USDT
BNB/USDT
