Maria, a few relevant questions for you if you insist:
- Is your algorithm a market manipulation scheme to pump the value in one direction artificially over a period of 4 weeks?
- Are you targetting Liberty Reserve because it is a small market and is therefore easier to manipulate?
- Is the "return" calculated based on how much money it would make by unwinding the position now but not quite unwinding it?
- Do you plan to be the first one to close the position?
- Does your algorithm contain any logic to close the position of other people at all after you are done with your own trades?
- Why would you bother addind unwinding logic, you will be far by the time people understand all what your algo was doing was generating a bubble.
- What about people using your algorithm for a few weeks to benefit the pumping effect and closing their position manually at a random time before the target?
- What about calling that "algorithmic Ponzi"?
- Are you going to hold your promise and pay me a bounty for each of these precise and targetted questions?
Why didn't you ever answer these questions?
I'm going to have a go at answering a few of these. Sorry, I'm a busybody.... does that word exist ??
- Is your algorithm a market manipulation scheme to pump the value in one direction artificially over a period of 4 weeks?That would take a HELL of a lot of funds, so therefore it can't be, considering the current state of this system (not enough people/funds). I don't even think that traders at our level can affect the currency values. I could be wrong, I am very new to this.
- Are you targetting Liberty Reserve because it is a small market and is therefore easier to manipulate?Liberty reserve is only a means to transfer funds.
How would you manipulate Liberty Reserve ? notepad in hand... could be an earner
Actually, don't answer that. Liberty Reserve sounds like it's American. I'm not up for peeing off the US Feds or secret service.
- What about people using your algorithm for a few weeks to benefit the pumping effect and closing their position manually at a random time before the target?there's no pumping effect... re answer to first question
But the way I understand this to work, anyone can stop and leave when they make their money, or any time in fact.
- What about calling that "algorithmic Ponzi"?LOL, hmm, no
Maria never touches the funds
the funds only ever travel between the exchange and your bank or other means of fund transfer, e.g. Liberty reserve.
That's all I can answer for now. I do not know enough about the inner workings to be able to answer the other questions. Actually, I know nothing of the inner workings.
I'm totally new to this, and at the moment just testing it out
I'll post my findings in as much detail as I can, as time progresses. With a decent level of proof. I need to get that damn MyFXBook working... damn thing does not want to play ball. Nevermind, that's for tomorrow. For now, a good film and a glass or two of red