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Showing 4 of 4 results by OkcoinTrader2014
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Board Trading Discussion
Re: Okcoin House Bot Algorithm Discovered/Broken!
by
OkcoinTrader2014
on 13/07/2015, 20:58:57 UTC
Lol I'm not shilling anything or making anyone buy anything from me. i'm just trying to have a conversation.
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Board Trading Discussion
Re: Okcoin House Bot Algorithm Discovered/Broken!
by
OkcoinTrader2014
on 12/07/2015, 23:28:55 UTC
One must realize that different exchanges will quote different prices on the same BTC.

They do this for a very simple reason.

You have nowhere else to trade so they can really quote you whatever price they feel if best for the house. Okcoin is notorious for this, they can see all of our stops and positions, they use this information to mount attacks on your stop loss orders. They can print any price they want, it is no coincidence that they always seem to hit your stops almost exactly to the cent.
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Board Trading Discussion
Re: Okcoin House Bot Algorithm Discovered/Broken!
by
OkcoinTrader2014
on 12/07/2015, 22:47:36 UTC
no real reason for me to lie lol. I'm just wondering if anyone else has figured out how these BTC market Makers work.
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Topic OP
Okcoin House Bot Algorithm Discovered/Broken!
by
OkcoinTrader2014
on 12/07/2015, 20:06:46 UTC
So I believe I have stumbled upon something pretty significant.

Background:

-Been trading on okcoin for about a 1.5years now.

-Not the most profitable , never completely crashed and burned but never made a ton of money either.

-Traded some alts with same results.


As we all know Okcoin House Bots run rampant on the exchange and are constantly screwing retail traders over with stop loss raids, wash selling, spoofing, ouright manipulation etc etc..

So i finally decided to pay close attention to these bots and try and learn their patterns.

I did this by watching the order books and eventually connecting to the API and logging the order book/trades onto a more manageable database.

Long story short, after about a month of testing and research I believe I found a pattern to the bots.

Thankfully to the volatility we have been experiencing lately , I have been able to run some real life trades and the results are in:


THIS IS FUCKING AWESOME!!

I deposited about $250 on the 6/14/2015 and over the course of the past month, I have basically been able to use the Okcoin Bots own algorithms against themselves to make ridiculously profitable trades with  an over 75% success rate.

$250 to $4500 in one month is around 18x!

http://i58.tinypic.com/2mzjti1.jpg

http://i61.tinypic.com/1zxy2yw.jpg


The best part (Okcoin Laziness) is that they use the same algorithms for LTC and BTC futures!

I will continue my testing and trading under this system and try to report here daily with any news. Stay Tuned!!


PS: Haven't been on here in over a year (been around since 2012) and I lost my login info plus news of hacking  So I just made a new one!