Hi Guys,
Couple of quick questions.
I have noticed that my CAT will create orders maybe like 6-8 transactions in the gains tab and then it will just sit with open orders for 24 hours or more with no activity.
I have to then delete the open orders and redo the Ping/pong creation. Any idea why its doing this?
Also, I notice my balance is consistently decreasing in BTC , I am only trading LTC or bitcin cash. Is this because the value of BTC is rising or am I loosing money on each transaction with buying and selling levels?
Thank you
Hi,
if your gains tab have a positive value, that value is the mathematical gain that occurs after a ping-pong is complete.
The general BTC portfolio value is something else : it's the simple conversion of all your asset expressed in BTC (considering the last market price of any asset).
That value can decrease or increase even if you're not trading.
About the open orders : probably these orders are pong, you must read the log to understand the reason why they are sitting in order book.
Usually an order is "frozen" inside the order book when market value goes away from the minimum value useful to let you have your gain %. So Cat will wait until that value is reached. Sometimes have a stop loss could hep you restart a ping-pong cycle and minimize loss.