2. sell low
3.
4. profit
Topic: Most successful trading algo (Read 1351 times)
1. buy high
2. sell low
3.
4. profit
2. sell low
3.
4. profit
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
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.
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.
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
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!
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.
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.
In detail, never try to "move" the market with "strategic" orders. Each time I tried that I lost money.
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.
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?
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.
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.
Perhaps you have one to share? Likely not 
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?
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.
Just listen to everyone in this forum
Better use your common sense or you will go mad listening to all the arguments and speculations.
Sell! Sell! Buy! Buy!
So... do the opposite?
So... do the opposite?
Just listen to everyone in this forum
Perhaps you have one to share? Likely not
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?
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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