Post
Topic
Board Trading Discussion
Re: Chrome Browser extension: MtGox trading bot
by
Crypt_Current
on 12/03/2012, 02:19:10 UTC
I'm not getting any luck. It seems like the bot is doing the complete opposite of what it should. It sold BTC @4.85 and then bought at 4.95  Huh

Is it possible to make it remember the previous buy/sell price so that it won't make dumb decisions?

Also i see some of you are trying to make this a high frequency bot instead of 2hours. I'm interested in how that's working out.

Dzieki Piotr za zajebisty program.

Yeah I thought the inverse of EMA 21, EMA 10 would be better at the moment but the bot wont take those settings  Huh

This has actually already been said IN THIS THREAD, but since I wish to procrastinate my school work even further, here it is again:

Go read the Goomboo's Journal thread.  ALL OF IT.  You WILL LOSE MORE OFTEN THAN YOU WIN using that system.  GOOMBOO SAID THAT HIMSELF.

The point of having a trading SYSTEM is that the aggregate of your trades ends you up with a profit after an arbitrary amount of time sticking to the system.  Unless you want to be a professional trader, you probably should spend your time elsewhere.
If you just want to make a couple good big trades by using any kind of logical analysis -- you already missed the boat on that.  The ONLY help you will get on THAT at this point is pure luck.  Sort of like how I missed the boat on the early easy mining.
Sad, but true.