.... I ask because if I use the default settings on Clam, it just stops trading on its own and sits there. Seems that issue still isn't fixed....
this is important to fix...
What is important to fix?
We need logs or more details if we are supposed to fix something.
Best wishes,
Jonathan
It's the same problem I explained a couple of months back. I set the default options in margin trading, start the bot, it stops after random periods of time. I've done the reinstall, I've killed the hidden folder, etc...
Since I've asked on multiple occasions that I be given some guidance on setting the bot to work correctly and have gotten nothing but "we have videos" (which tell me nothing) or "we can't give financial advice" (which I never asked for), I can only assume that either the program is faulty or the factory settings are faulty. Since I have no comparison, I just assume it's the software. After several months of problems like this one existing, I just assume it's a software issue.
You explained something a couple of months ago? Something regarding another version of leonArdo. Is this a joke?
We have hundreds of customers. What exactly do you want me to do with that information?
As I said before if you have an issue I need as much information as possible. Logs/screenshots/description of what was happening. Without that, I cannot help you.
(Note: I had an email asking me similar things so I will re-use my answer here)
Regarding financial advice. Are you a lawyer? If so, are you working in Germany? Is your speciality corporate and financial law?
Because unless you are I am not so confident about taking your advice regarding what is and what isn't legal in Germany. We are a registered company here and we don't have a license to give financial advice. We paid a lot of money to ensure we are compliant and the advice we were given from our lawyers, who charged 350 EUR an hour BTW, was that we can explain the workings of the tool we sell but we cannot give trading advice. Period.
Another question. Before you bought leonArdo you saw we offered a free demo version, right? Why didn't you try that out before you bought?
You are asking questions for which there is no single/straightforward answer. There are no magic settings that I use for CLAM or ETH. I look at each currency pair and set up the bot parameters based on what I see. For the current parameters how many times would the bot have swung between buy and sell cycles? Is past behavior going to reflect future behavior? Who the hell knows? If the course moves away from your bot parameters it could be that the bot doesn't make anything and the next time you come back to it you need to re-set the parameters. What is the volume like on the pair? There is no point trading with 1 BTC on a pair that has a daily trading volume of just a few BTC. The market is not deep enough. Choose pairs that are not in a pump/dump phase, but rather have a mostly sideways, horizontal, profile. That's where leonArdo performs best. If you suspect the course might move outside your bot parameters you can use to Min. effective gain setting to set a negative value which allows the bot make a loss up to the percentage you set in the hope that it can then continue trading. You can do that, or you can leave it at a positive value and make those decisions yourself. What's better? Depends on the situation/currency pari/knowledge of trader etc. Another couple of interesting parameters are the length of time you give the bot as a history window and the length of time you wait until you replace a bot order. What are the right settings for CLAM - there are no right settings for CLAM! You need to practice. Overtime you will get better and yet you will still always make mistakes.
And check in on leonArdo regularly enough. It will need tweaks. Stop and re-start bots. Fire up a new currency and new bots. Get out of a currency that is dying a slow death etc.
You won't make 41% every night - that is why I had to go back a week to pull out a very good performing bot image! If I made 41% every night on every pair with leonArdo, I wouldn't have to sell leonArdo.
Where leonArdo excels is that it trades without emotion. It will wait for the price to come to it and not make a rash decision, like I probably would, to adapt my order. Of course, if the price turns just before hitting leonArdo's order then it also wont react. Another benefit is that it can react to rapidly changing courses and it never sleeps - unlike you or I.
And just so you don't think I am pulling your leg and secretly making 41% every night I have attached a screenshot of how leonArdo did last night on XCP. Last night the mArgin maker bot did one buy/sell cycle and made 2.58% effective gain after trading fees. Then the course keep going up and since then the bot has done nothing! Bummer. I will have to re-evaluate what I will do with it today. 2.58% a day is no 41%, but it's still a hell of a lot more than my bank is offering me for my savings (less than 1% a year).
The best of luck in your trading endeavours.
If you have any specific questions regarding the functionality of any aspect of leonArdo I am only too happy to help.
Best wishes,
Jonathan