Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] Bittrex / Poloniex / Cryptsy All Coin Trading Software, Quatloo Trader.
by
Eastbay
on 17/10/2014, 20:41:48 UTC
Please help me, I have 2 questions, do not understand how the bot earn money !!
 Wink Wink

_How it works CLASIC Ping Pong ??

_Fee are calculated automatically by the bot Huh

Thank
Stephane

I can help answer this,

1. Classic ping pong, places a buy 1 satoshi higher than the top current buy, as well as sells 1 satoshi below current ask, and thats about it, the advanced ping pong gives more options for when to stop buying or start selling, random intervals, ect.. its just more advanced really... imo you should never use classic ping pong only advanced

2. No fees are not calculated, this is more of a trading tool imo and not a set-and-forget bot, It doesnt even have indicators like (RSI, Stoch, ect..), its pretty basic in that respect, i wouldnt let it run without watching it, but i still use it alot...


Guys, how do you count your profit/loss with so much trades going on with this trader?


i dont think theres anything that keeps track of overall profit/losses from every trade, like i said before its kinda just a trading tool that really has to be watched while its on...