Post
Topic
Board Service Announcements (Altcoins)
Re: 【BOT】 C.A.T. Cryptocurrency Automatic Trader (100+ Feedbacks) BITTREX is Active!
by
kieco
on 08/08/2014, 17:15:29 UTC

 "he must create orders always on top of book orders".


Yes, exactly! Always stay on top of book orders buy/sell.

I think this is very important because what if the market goes up and I stuck on a "bad" buy order that is too low? I'd rather keep trading and on average I will still gain even if some trades lose, because I am making the market (the spread) between buys and sells, on average this will be at least 2%+ and sometimes the market will move my direction and I'll make much more. It will all average out.

It's just like sports betting - you don't win every bet. You just want to win 55%+, over long term, you will make more BTC this way. I don't care about 100% win rate. I will just end up having to manually reset the orders and it defeats the whole point of the program and I will just go back to manual trading. Nearly every day Cryptos move 10% plus and I don't want my orders getting left in the dust.  

It seems like it would be relatively simple to add, you have a lot of settings like this already?

Does anyone else agree? What would be "prohibitive" cost to add?

Thanks!

I would also like to know if this can be done.
I hate waking up with buy orders that tanked 20%.
I would prefer to constantly trade in the min% no matter if i am at a loss.

Any suggestions?