Hey,
Im very new to (any) trading software. So far I just bought and sale manually in long term, so thats why I have some(maybe very stupid) questions. I was searching for a tutorial that explains "every button" but I cant find it. I know there is a "help context" but that doesnt help in all cases:
The software is running now, for 2x app. 12 hours and it seems that it does the job well. It onl ycan seem to me, because I dont no really what Im doing...but i t works
1. There is this Profit/Loss: But thats only shows "margin trading" result? Is there a conclusion somewhere , to see profits/loss from the exchange?
2. WHat happen in the red area?
3. What happens in the upper and lower blue area? I know its called "by margin" and "sell margin" <-- but thats not "margin trading" right? *confused*
4. Is there a generell "sell/buy margin" settings, that suppose to be more safe or risky?
5. The "minm. effective gain". I can read what the context menue tells me, but I dont understand it. If I put it on 20% what happens? Is it for the whole time, for any bet?
6. Does the bot stopp at some point trading? After a period of time? Or trades?
7. "Start with / sell/buy" Is that just the first trade, or a longterm setting?
Do you know any tutorials that helps my confusion? If seen tha tits from leonArdo, bunt it looks its for people that allready knows the "trading system".
btw, is that the thread ok to ask? Or is there a dummy section somewhere?
thx
Thanks for checking out leonArdo!
Let me run through your questions.
>> 1. There is this Profit/Loss: But thats only shows "margin trading" result? Is there a conclusion somewhere , to see profits/loss from the exchange?
Not yet, but there will be.
>> 2. WHat happen in the red area?
I assume you are talking about the mArgin maker bot. The blue area encapsulates the min and max trade that occured in the time window for which it is active. The red area is a relative percentage of that which tells the bot where to place the next buy/sell. Of course as the window shifts with passing time the height of the blue area will change and therefore the prices at which buy and sells occur will also change. It's dynamic.
>> 3. What happens in the upper and lower blue area? I know its called "by margin" and "sell margin" <-- but thats not "margin trading" right? *confused*
See previous answer.
>> 4. Is there a generell "sell/buy margin" settings, that suppose to be more safe or risky?
No. You need to look at each currency pair, volume, history, bring your own experience etc. and then decide how to set up the bot! But you can use the demo to practice
>> 5. The "minm. effective gain". I can read what the context menue tells me, but I dont understand it. If I put it on 20% what happens? Is it for the whole time, for any bet?
If you set the Min Effective Gain to 20% then after the first buy, the bot will place the next sell order at a price that ensures after trading fees have been deducted that you get a +20% win. The same happens if you start with a sell.
>> 6. Does the bot stopp at some point trading? After a period of time? Or trades?
No. You need to manually stop the bot.
>> 7. "Start with / sell/buy" Is that just the first trade, or a longterm setting?
Just the first order. The bot tries to buy/sell over and over again, making gains each time.
I hope that helps. Let me know if you have any more questions.
Best wishes,
Jonathan