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

in #bitcoin7 years ago

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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