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RE: STEEM (SBD) Trading Bot Growth Hack Project Outline

in #bitcoin7 years ago (edited)

wow i always wondered about trading bots like poloniex gun bot...a bot is necessary for simply buying low and selling high... dont u have to manually watch the bot though?

and also to explain to people where all the money comes from in a trading bot we must explain price arbitrage! I must explain things myself just to understand them better!

When we use a trade bot, or when we simply buy low and sell high, we are just taking money from those who are selling low and buying high!

right? the money doesnt come from anyone person or place its collectively taken from many many trades

ok yes please someone go over the fundamentals of a trade bot and why WE cant just be trade bots! (usually trading for small increments isnt worth it unless ur dealing with many thousands of dollars ...so a bot is needed for psychological reasons! noone wants to sit there and trade with only a few hundred bucks just to make a few bucks profit...

also whats whats whats whats

wtat wat wat wat wat wat

This is a graph of High Frequency Trading



we should realy get into high frequency ccrypto trading!
I know its not that simple but itis! it always IS that easy!

everything in life is easy there is nothing new under the sun

only thing thats difficult is levitation telepathy past life memories and sai baba level miracles doing jesus or budha level miracles we ando em all tho! if u understand Fractals u understand everything!

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Awesome gifs and photos!

Trading is a zero sum game. So someone's gain is someone else's loss. In all markets.

With this solution we are far from high frequency trading though. The system is coded to run on 8 hour periods (3 in a day) updating orders every hour.

Everything runs fully automated without having to monitor it -although of course it is always monitored- except the only time the program is not traded and shut off is:

  1. All pairs during US Federal Reserve interest rate decision or Meeting Minutes release.
  2. For all other Central Bank Rate decisions all pairs with the currency of the country.
    For example during ECB interest rate decision any EUR pairs are avoided.

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