Author

Topic: Most successful trading algo (Read 1347 times)

member
Activity: 74
Merit: 10
July 24, 2013, 06:38:19 PM
#14
1. buy high
2. sell low
3. Huh
4. profit

sr. member
Activity: 516
Merit: 283
July 24, 2013, 03:26:55 PM
#13
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!

you must be new here

ah I read it wrong, sorry Sgt. Dyslexic Smiley
legendary
Activity: 1470
Merit: 1007
July 23, 2013, 07:47:04 PM
#12
Similar strategy to what Electricmucus described above, I guess. I would call it "trading into an established, or better yet: about to be established trend".

The tricky part is to a) determine correctly if a trend is in fact established, i.e. if it'll last long enough for you trade profitably, taking into account slippage and fees, and b) determine the above *slightly* earlier than the rest of the pack.

My biggest problem: I trade on bitstamp, but the relevant trends are made on mtgox. Between the time it takes trends to arrive from the latter to the former, some profitable opportunities are lost.
legendary
Activity: 1904
Merit: 1002
July 23, 2013, 03:14:58 PM
#11
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!

you must be new here
sr. member
Activity: 516
Merit: 283
July 23, 2013, 01:30:57 PM
#10
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.

way to go broke!
legendary
Activity: 1400
Merit: 1005
July 23, 2013, 01:26:43 PM
#9
Make a bot that reads the forum.  For every post that says "sell", buy a little bit.  For every post that says "buy", sell a little bit.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
July 23, 2013, 01:23:11 PM
#8
http://en.wikipedia.org/wiki/Don%27t_fight_the_tape

In detail, never try to "move" the market with "strategic" orders. Each time I tried that I lost money.
sr. member
Activity: 252
Merit: 250
July 23, 2013, 01:19:38 PM
#7
Buy high sell higher and buy low just sell is what worked for me in the past.

Trying buy low and sell high almost always made me miss the target.

Also trade often, don't try to be a hero, and most importantly: Don't fight the tape.


What do you mean by that one?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
July 23, 2013, 12:22:41 PM
#6
Buy high sell higher and buy low just sell is what worked for me in the past.

Trying buy low and sell high almost always made me miss the target.

Also trade often, don't try to be a hero, and most importantly: Don't fight the tape.
legendary
Activity: 1176
Merit: 1015
July 23, 2013, 11:54:52 AM
#5
Perhaps you have one to share? Likely not  Roll Eyes

I have heard many times that vortex trading is real profitable, however have yet to test for myself. I am looking to play around with a few bitcoin. Any ideas?

Actually it can be profitable.

If you create a bot that can detect other bots being run by idiots to do vortex trading[1], then you might be able to take advantage and trade against them[2].

[1] - Design a bot that runs vortex on real-time data, look for the patterns and then look at the markets. You might see idiots trading real coin with a vortex bot if the same patterns emerge.

[2] - If you successfully detect an idiot running a vortex bot, try predicting their next move, if successful you can game it and steal their money before the owner comes online.
hero member
Activity: 756
Merit: 500
July 22, 2013, 11:36:40 PM
#4
Just listen to everyone in this forum  Roll Eyes

Better use your common sense or you will go mad listening to all the arguments and speculations.
newbie
Activity: 58
Merit: 0
July 22, 2013, 11:35:09 PM
#3
Sell! Sell! Buy! Buy!

So... do the opposite?  Roll Eyes
hero member
Activity: 811
Merit: 1000
Web Developer
July 22, 2013, 11:10:32 PM
#2
Just listen to everyone in this forum  Roll Eyes
newbie
Activity: 58
Merit: 0
July 22, 2013, 11:08:04 PM
#1
Perhaps you have one to share? Likely not  Roll Eyes

I have heard many times that vortex trading is real profitable, however have yet to test for myself. I am looking to play around with a few bitcoin. Any ideas?
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