Re: "HCP's ongoing experiment of the BotHIVE.io Trading Platform"

Quote from: CryptoSparks on Today at 07:21:30 PM

I don’t know if you manually aborted positions in loss that were later won, or switched between bots with wrong timing or had just enough extra stop to skew your risk reward but still get shakeout , but what I see in your trade history is not reflecting the official trade history of GENESIS with extra stop 0%, which I remind, is freely accessible by everyone here

Customer using "genesis": *gets rekt*
CryptoSparks: "You should use extra stops"
Customer uses extra stops: *gets rekt*
CryptoSparks: You should have been using freely available genesis with 0% extra stops
Customer below min bankroll: Huh

I'm not sure what I am supposed to have done... supposedly the bot was going to trade and I could have "passive" income... I lost 60% of my initial investment on Arakne, that I will remind you had absolutely ZERO customisation facility... so what exactly was I supposed to do there? Huh

Then, I used the platform, set the bot going... got rekt, was told to use extra stops, I did that... got rekt... tried the "new" bot... got rekt, tried extra stops, got rekt.

And what do I get in return... a massive essay on how I don't know enough about trading to use an automated trading bot. Huh

So what you're saying is that you need to be a trading expert to use your bot? Huh

That is certainly NOT how it was "sold".

Every time something happens, it's manipulators or "shake outs" or other bots "targeting" your bots... or it's the users fault for not knowing how to use a platform that has pretty much zero in the way of instructions or explanations of anything.

When it goes up it is "genius algorithm!"... Roll Eyes

I documented my experience, and gave my opinion at the end. I certainly didn't start out wanting to lose money... but I honestly was expecting to. I tried to follow what little instruction I was given on how to operate it... and I lost.

That was my experience. All the backtest data and pretty graphs and talk of exits, stops, shakeouts, manipulations, breakouts etc... isn't going to change the fact that I lost 90% of my initial investment... while you lost preciously 0%. If I hadn't of had the "free" fee bankroll (which was to make up for my 60% loss with Arakne), and I had had to actually put my own BTC into that, you would have actually made nearly 0.02 BTC from the trading fees... while I lost 0.09 BTC + fees.

The simple fact is that the user carries all the risk... you carry none. You actually make money whether the customer wins or loses.