Topic: (A.C.T.) - Alternate Cryptocurrency Trading (w/ C.A.T.) (Read 3616 times)

I personally think that all of the proficient users are keeping quiet about their settings, etc.

I might become hated, but as I become proficient, I plan to be different. After all, I'm handling this for Bitcoin Corporation and trying to prove myself to them on my own dime.

That said, here is the current position of my small test account that I've actually not had much time today (12/30/2013) to spend working on:

cat
- 12/28/2013
0.69126943
0.69252003
0.69587951
0.70084373
0.71097486
0.71140320
0.71548162
0.72249201
0.72838917
0.73913951
withdrawal of 0.04191000 BTC   2013-12-29 14:34:33
0.69694249
withdrawal of 0.06050000 BTC   2013-12-29 15:06:39
0.64227653
0.64109514
- 12/30/2013
0.64542012
0.66486581
0.65908732
0.66272777
0.66281180
0.65551268
0.65913986 as of this post.

I'm a bit all over the place with the settings, but as I learn, I'm become more intuitive and I think I can squeeze out a LOT better results. With a lack of proficiency with numbers and all. As a matter of fact, I think this might be my conduit to unlock the mysteries of numbers for me.


BC

I've tried running with what I thought was a pretty simple strategy (1% gain on Aggressive, anywhere from 5-10 markets based on volume of trading).  CAT has worked for hours or even days at a time, and then something will happen to cause a dramatic drop in the alt coin price and I'm left holding a bunch of devalued coins.  At that point you have three choices:

1) Take the loss and move on
2) Wait it out but you can't trade any more on that pair in the meantime
3) Invest more and trade at the lower price while hoping it goes back up

So anything we can do to narrow down profitable settings is a good thing

If anyone wants to discuss C.A.T strategy with bigger balances (>5BTC) send me a message.

Ok i explain 
Ping doesn't have a reference price.
When a Ping is Buy/Sell, there's a TRADE

From TRADE born Pongs! Pongs have Reference Price (Trade Buy/Sell Trade Price)

When a Pong is created the price must be ok with the % Gain you have set.

and the only way is use the reference price

Ex :

You set Gain of 5%
You create a Ping of price 10

If is a Sell, pong will be a Buy with Quantity Gain of 5%
Is is a Buy, pong will be a Sell with Price Gain of 5%

Gain is the same (if quantity i will convert in price when i write the Gain Log)

When i create/recreate a Pong Orders i must use a value to compare My Reference Price With "something".
"something" is usually the Best buy/sell Market price.

The % Difference between My Reference Price and "something" could be a positive number (ex 2%) or a negative number (ex -5%)
When is positive and > % Min Gain users have set, i will create/recreate the pong, else i do nothing.

With the option Sell All If % With Ref Is you can decide to sell if this % is too low (it meaning that market values is far away from a condition to make a PONG Gain, and if you don't sell there's the risk to lost more money because of market devaluation).

I would like some explanation on this as well.

Nice. 100% understood.

Speaking % - can you thoroughly explain here the parameter "Sell All If % With Ref Is".

I'm always following such things in the log as:
2013-12-28 11:02:46| Cannot Reorder Max Ref Price is X Min Ref Price is X % Diff is X % Of Reference is X
2013-12-28 11:03:27| Cannot Reorder Sell Price Calculated is x Reference Price Is x

I understand that it's referring to the unit price we set in the Ping Pong creator, but can you explain it a bit more?

BC

Never Buy/Sell Directly'
Is an option that works like this : when CAT decide an order if there's an immediate Match (you Sell@X and there's a Buy@X in the market or you Buy@X and there's a Sell@X), CAT will add/remove 1 satoshi from the price and your order will be the first in the Buy/Sell Queue, but i will not buy/directly. Other users will decide to Buy your orders.

This is not a mandatory option and some people prefer to let uncheched this option. Gain is always guaranteed.

Glad I could help. I'm learning too, and helping solidifies what I've already learned. Speaking of which, I've learned that if you're using "Pink Pong Mode> Normal" you should check 'Never Buy/Sell Directly'. Sampey, can you elaborate on what this does exactly before I mess up the explanation

BC

+ 1 for me!

Thanks for the reply, this will help.  I see that you have a lot more coin than I do in less markets.  Right now I have 10 markets going with only .01 in each, so I think I will reduce the number of markets and maybe give .5% min guaranteed gain a try.

Zombie means :

- No Ping
- No Pong
- No Buy/Sell Pool with value > 0
- No Trade From Ping to create Pong

Oh? Thats why it didn't zombie? I was trying to find the reason. Ok. Well I'm downloading new market data now so I'll have to wait and have a look when it finishes.

BC

Because there are  :
- Trade From Ping (From "Trades From Ping" will born PONG)
- Sell/Buy Pool > 0 (From Sell/Buy pool Born Automatic PING Orders).

This is the reason why your market isn't in Zombie status :-)

Ok,

in my "training" account (ha!) I have the following open orders and I'm closing them with the cat "close all orders" function:

 Open Orders
Date/Action/Market   Price   Quantity   Total   Action
2013-12-27 01:47:50       Buy  ASC/LTC   0.00008243 LTC   86.25435027 ASC   0.00710995 LTC   Cancel Order
2013-12-27 09:48:15       Buy  Points/BTC   0.00100000 BTC   0.11000000 Points   0.00011000 BTC   Cancel Order
2013-12-27 10:10:37       Buy  Points/BTC   0.00100000 BTC   0.11000000 Points   0.00011000 BTC   Cancel Order
2013-12-27 10:45:05       Sell  LTC/BTC   0.03200001 BTC   0.15000000 LTC   0.00480000 BTC   Cancel Order
2013-12-27 10:45:06       Sell  LTC/BTC   0.03200001 BTC   0.11000000 LTC   0.00352000 BTC   Cancel Order
2013-12-27 10:45:06       Sell  LTC/BTC   0.03200001 BTC   0.15100000 LTC   0.00483200 BTC   Cancel Order
2013-12-27 11:35:56       Sell  DOGE/BTC   0.00000082 BTC   19750.00000000 DOGE   0.01619500 BTC   Cancel Order
2013-12-27 13:03:15       Buy  LTC/BTC   0.01574944 BTC   0.12698852 LTC   0.00200000 BTC   Cancel Order
2013-12-27 13:03:16       Buy  LTC/BTC   0.01574944 BTC   0.28123544 LTC   0.00442930 BTC   Cancel Order
2013-12-27 13:40:06       Buy  DOGE/LTC   0.00001172 LTC   49.91918252 DOGE   0.00058505 LTC   Cancel Order
2013-12-27 14:32:15       Buy  ASC/LTC   0.00008643 LTC   11.32808807 ASC   0.00097909 LTC   Cancel Order
2013-12-27 14:33:47       Buy  ASC/LTC   0.00008643 LTC   12.51798626 ASC   0.00108193 LTC   Cancel Order
 
All have gone in to "zombie" status except  "GME/LTC" - Don't know why. There are no open orders.

Will report gains in the next post

BC

I've been playing around with the settings, and even when I totally screwed up it had very little impact on my total cumulative gain. This, of course, was in line with how much I had screwed up. Let me explain:

For ltc/btc I had set my Min. Gain % to .3 (yeah, I know. waaaay too low). There was no choice but to return a loss if the transaction fee is .3 and my min. gain is .3 - DUH! This what happens when you're too eager (desperate? lol)

So, I was instructed to adjust my min. between .8 and 1.5 - Keep in mind, when it was .3 there was tons of activity. It opened a lot of trade orders, and many were canceled because cat didn't see a profit. So, I set it to .5 - That was with ltc/btc

Realize that all of this stuff I'm learning too. One thing I'm starting to learn is that the number of trades will depend on all sorts of factors, some of them outside of cat, such as how active the market pair is. This is what the function "market list - With statistic calculation" can help you determine. It lists things such as the market volumes and buys and sells in the last 24 hours, and (Sell Trade 24H / Buy Trade 24H).

So, ltc/btc is not as active as some others. I found cryptsy/btc is actually quite active. Cat seems to love to trade it.

I have the following markets open since yesterday, but I'll be closing some of them, stopping their orders, and reopening them and new ones according to the Market List:

ltc/btc - 1.0411
points/btc - 1.0411
gm/ltc - .5
asc/ltc - .411
sbc/btc - .411
doge/ltc - .411
doge/btc - .411

I know some of them are less than .8, but I wanted to see more activity. Why 411 ? For no other reason than because it's more than .3 and where I'm from 411 is the number you dial on your telephone for information! "Call me crazy" - get it?

I'll go check the results and post back.

BC

You're more than welcome, Sampey.
You know how I feel about this whole thing

BC

DarkKnight,

*** Please be aware that I started this topic to discuss C.A.T. settings. ***

But...
I see where this is going, so I'll tell you right off the top that I'm the last person to say I am qualified to argue your point.

I think about it like this:
The other day I asked my girl to buy me a red bull. She happily returned with a brown paper bag (didn't even know stores still offered them) and handed me my drink. Being the trusting fool I can be sometimes, I popped it open and took a swig. As the liquid hit my belly my mind and brain argued over accuracy of the report from my taste buds that this ish don't taste right.

I pull back the bag and read 'green dragon' - I yelled "what the! Onya! What is this crap! This isn't red bull!"

She said "no, it's just like it though". And I yelled "ITS NOT RED BULL!". I didn't like it. I didn't like the taste, and the taurine and caffeine... well, thats another story.

My point is, the market is full of all kinds of knock offs. Some of them quite good actually, and some of the vendors and retailers should be jailed for others. Yet, in this world of HEALTHY competition, the best will survive and be stronger as a result of the competition I believe.

You might now think trading is a viable and gainful pursuit, but me and many others are feeding our families while staying compliant with he laws, and on the side we then have disposable income we can now use to invest in and create other things. And yes, I've been doing that for years too. So you might not see the value of another man's functions, but that doesn't deny it's existence.

I trade, I profit, I invest, I develop and create, I rinse and repeat if compelled.

Forgive me if I'm unable to help you understand why it's right for me.

BC

So what kind of settings are you using bitcion-corp?  I just bought the program and am looking to optimize it too.

Not sure about that, there arent 1000 CAT Users, and CAT doesn't work with continue API Call, a Process Lookup consist of 40 Seconds Sleep and the a Lookup (usually 1-3 API CALL).
An API Call is very different from the load of an entire site page or a market. API Call is a precise call for a precise info.

Independent by these facts, when a Site have a Big Grow (like cryptsy), solution is not to eliminate features, but to add power and security 

Good point. So what (if any) value does allowing a program like C.A.T. to exist, have for the Alt-coin community?

As I see it, CAT delivers lower prices to miners, higher prices to buyers, and makes for aggravating nickel & dime trade wars on Cryptsy's sell wall, all the while sucking profits out for people that do nothing and add no value to the market.

I wonder what order of magnitude Cryptsy's trade engine would speed up if BigVern disabled the API for a little while?