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/biz/ - Business & Finance


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11700185 No.11700185 [Reply] [Original]

Can we have a trading bot thread?
I remember there was some god-tier threads about trading bots and similar shit a while back, could someone post the links to those threads?

>> No.11700533

Bump
I know some of you know what I'm talking about
I really hope biz is isn't just pajeets and pre-teens with photoshop now

>> No.11701294

try /g/

>> No.11701303

The only profitable bots are/were arbitrage bots.

>> No.11701322

bot trading is just like regular trading. find a good setup, trade it as best you can. scale risks appropriately, etc.

>> No.11701334

>>11700185
based Prinny OP

>> No.11701375

>>11701303
Lie. Tried it and didn't work

>> No.11701398

if you're looking for a trading bot that you can buy for instant infinite income then i got a bridge to sell you but you gotta pay in bitcoin, all in advance.

if you're a programmer trying to find an edge, then we can talk shop and i'll happily help you find your dick.

>> No.11701617

Friendly bit of advice for everyone:
If you win 1/2 of all your trades, with each win being a gain of X%, and a loss being a loss of X%, you WILL eventually go completely bust. This is known as gambler's ruin.

The % gain needed to break even from a loss, say Y, is given by:
Y = 1/(1-X) - 1
...Y will always need to be greater than X

>> No.11702519
File: 161 KB, 1536x2048, 25F4003C-6961-4F34-9722-0E4DF8482665.png [View same] [iqdb] [saucenao] [google]
11702519

>>11700185
I run a profitable bot but I coded it from scratch. Went from 10k in January to 220k now. Problem is the volatility and volume have died in the last few months so it's getting harder and harder finding good entries. That said, I'm still at it and I'm still profitable. Pic related is from a couple of months ago since I don't use blockfolio anymore but somebody may recognize me from it.

>> No.11702545

>>11701303
this guys a idiot

>> No.11702549

>>11702519
Do you pick the coins or does the bot do that? How much is manual? can you tell us anything about it without giving away your edge ?

>> No.11702551

>>11702519
cool i am messing with a bot as well but mine is a neural network and trades forex then buys ethereum with profits

>> No.11702553

>>11702519
>blockfolio proof
Kys ranjesh

>> No.11702568
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11702568

>>11702519
bullshit

>> No.11702573

>>11702519
>>11702549
For example I’d be interested in learning how long it stays in trades, and how much history it considers when entering (/ exiting timing — is it percent profit based? And if so how much triggers exit? — if you feel comfortable answering that). More interested in the amount of history you take into account. And also interested in what exchange....
Or are you doing arbitrage type things

>> No.11702608

>>11702573
not sure about blockfolio anon but i use a trailing stop loss to take profit. so as soon as a trade is in profit.. my bots all trade forex on many different brokers accounts.

>> No.11702648

i remember last years bull run was so retarded my day trading bot made 30-40% on avg every single day with a max roe of 65% on day. Could have used a max of 1btc on that baby. good times good times

>> No.11702649

>>11702549
The bot picks the coins based on price and volume action. I have a few patterns I look for so when it sees one, it throws a buy in. It picks the sell too but I intervene probably 20% of the time cuz I just can't seem to help myself.
I won't go into exactly what I do but I'll say I've had no luck with any traditional TA. Not with Bollinger Bands, macd, rsi, or any of the usual suspects. I tried market making on Bitmex also but couldn't make that work reliably. I ended up finding something with positive EV and I just scaled it laterally across a bunch of exchanges.
One tip I learned early on is when you find something that works, your account will grow rapidly at first. Then you start running into liquidity issues. The thing that will ruin you though is going in too deep on a low volume coin. Always scale your bot's buys against the daily volume of the coin. I never go more than 1/3 or so and even that's pushing it. I also never go over a single bitcoin unless it's a Sure Thing(tm).

>> No.11702664

I'm. Chilling in Starbucks and they're about to close. When I get home I'll answer more.

>> No.11702684

>>11702649
i ran into liquidity issues to. forex has 5 trillion dollars daily liquidity that is why i moved my bots to that market. I still buy crypto. Right now I have a semi automated strat that is doing really well.

>> No.11702858

>>11702649
How can you use volume action as an indicator? I tried this for a while and gave up because it’s so manipulated. Or are you are using it strictly as a gauge of liquidity?

>> No.11702864

>>11702664
Word, I’ll wait.

>> No.11702952

>>11702551
>cool i am messing with a bot as well but mine is a neural network
That sounds cool. I've been thinking about trying some ML stuff but everything I see on Hacker News and around is people saying neural nets don't work very well for trading. It's working for you?
>>11702573
>For example I’d be interested in learning how long it stays in trades, and how much history it considers when entering (/ exiting timing — is it percent profit based? And if so how much triggers exit? — if you feel comfortable answering that). More interested in the amount of history you take into account. And also interested in what exchange....
>Or are you doing arbitrage type things
It's optimized for the really quick stuff so usually in a trade no more than a few hours at most. Occasionally it'll go longer but that just means it's not working out as planned so a little manual intervention is necessary. As far as history, one of my strategies looks at 2 months, one looks at the last 5 days, and one looks at just the last 24 hours.
Regarding the exit, here's the thing. My strategies are based on a thesis of mine that picks good entries. The thesis ironically is predicated on the exit price. It says, what is the likely price in the next few hours then looks at the current price. If the current price is more than a standard deviation or two below the exit, it goes in and gets out when the price gets back to expectation. And I do very little actual arbitrage.
>>11702684
Now that crypto is drying up so much, my very next move is Forex and stocks. I just need a good data feed since my main strategy depends on up to the moment price/volume.
>>11702858
>volume
I use it primarily for liquidity so I don't go in too deep. It's good too though when looking at the likelihood of getting a good pullback after the first leg of a pump and dump but that's manual trading.

>> No.11702975

>>11702952
Another thing on this volume deal now that I'm thinking about it is I look at recent daily volume to figure how much I want to go in and of course daily volume can be manipulated and is. Bear in mind though that you can still make money on a manipulated coin it's just a different pattern. Sudden volume changes on the other hand are very useful depending on price change, chart history, etc. and my bot does take that into account.

>> No.11702991

I wrote all of the code to execute trades and interact with the Binance API. I never got into trading strategies after that so I just left it alone. Might port my code to Go so that I can use native concurrency in it (instead of async/threading in Python), still will have to figure out a trade strat though.

>> No.11703016

>>11702975
Ok, thanks that’s helpful actually. So are you running multiple bots with different strategies?

>> No.11703035

>>11702991
Is that worth it? I know python and do similar but it Go. Does native concurrency really matter that much?

>> No.11703037

>>11700185
I've made some decent coin on my very rudimentary arbitrage bot, though unfortunately it's only cancelling out my losses in this bear market.

>> No.11703066

A last tip is if anybody's interested. Learn at least freshman year uni statistics, learn some digital signal processing and at least take a cursory glance at ML regarding babby tier stuff like linear regression. You're looking for situations that catch the rest of the market by "surprise" and the lowly coefficient of determination is basically tailor made for this though most people don't think of it like that. I mean, what is r squared? How well does x predict y? You want y to not be predicted by x cuz if it is then the move is already priced in.
>>11703016
I have something like 6 strategies though the main one makes the most and on down the line but 6 distinct profitable strategies that are not just variants of each other, i.e., if any one stops working it doesn't mean any of the others will stop.
>>11702991
It doesn't work with Go but look into the CCXT library so you won't have to code each exchange's API from scratch. I know it works with Python and node but don't let the lack of concurrency bother you. I use Python with ZeroMQ with no problems though I do code some of my tighter loops in C.
>>11703037
I've been testing something I wrote using the Bellman Ford algorithm for 3/4/5 way arbitrage on the same exchange and in theory it works but there's always a catch. Inevitably it'll find something that goes through 5 pairs but midway through, although the Bid/Ask will technically be at my price, the liquidity is too low and you can't actually buy, that is, the amount of coin on the book is below the exchange's minimum. Doh! I assume you're having better luck.

>> No.11703147
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11703147

Bump

>> No.11703205

>>11701334
damn, hit me right in the nostalgia. didn't even notice.

>>11703035
You're probably right, I'm memeing myself into procrastination. But I do have some concerns with speed of Python vs Go. Python can be slow and when I'm trading against other bots I want to be as quick as possible. But still I should just get something rolling before I even think about optimizing it.

>>11703066
Thanks, I appreciate it, I will look into that. Python's typechecking overhead is why I was considering Go. Maybe I'll try Cython or just import C into Python instead. How involved is it to use C in Python?

>> No.11703262

>>11703205
>How involved is it to use C in Python?
It's beyond trivially easy. Tiny amount of boilerplate in the C module then after compiling, you just import your module in the Python script same as anything else. Check https://gist.github.com/lucasea777/8801440f6b622edd3553c8a7304bf94e to see how easy it is.

>> No.11703271

>>11703262
That came out wrong. Try this: https://gist.github.com/lucasea777/8801440f6b622edd3553c8a7304bf94e

>> No.11703283
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11703283

>>11703271
That's strange. In 4chan-X that links looks totally different than in an incognito browser. If you're getting something weird, try it like that. The page should link to pic related.

>> No.11703436

>>11703283
Nice. This is the first I've looked into this, I'm going to go through the Python documentation on "Extending Python with C" as well as reference this example. You're definitely gonna make it, hopefully I do too.

>> No.11704108
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11704108

>>11703436
Kek, was looking at Python 2 documentation and running in circles for a while.
Pic related is me
Anyone else want to chime in on bots? Let's circle back to that now, so we don't get caught with our pants down our ankles. Not trying to boil the ocean here, just want to redirect our energy where it makes the most sense.

>> No.11704305

>>11704108
I think we scared everybody off.
Here's something I'll bump with just to keep the thread alive and not directed at you but everybody.
OP mentioned how there were some god-tier bot threads a "while back". Here's the thing. A while back was basically the great bull market of 2017. That was when bot makers came out the wood work. The problem with using a bot dreamt up and refined is that in a bull market everything works. The bot could buy the top of each wave and still make money. So anybody using a bot back then is going to think "it works!" That's obviously flawed reasoning though. Now that the bear has drug on I don't see too many people talking about their profitable bots. Not saying it's impossible cuz, hey, I'm doing it and I'm just some guy but how many more are out there.

>> No.11704760

>11704305

I had a bot running based on HMA and EMA crossovers, but it has a guard that deactivates it when volatility is as low as right now. Don't want it to trade in a chop market and wast my money on fees.

>> No.11704898
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11704898

>>11704760
Yeah this no volatility crap sucks. If I weren't so bullish on crypto in the long term I'd just pull out. Hopefully something happens soon.

>> No.11704936

>>11704760
what kind of time periods was it looking at? what markets were you using the bot on?

>> No.11705139

How the fuck does arbitrage work in crypto? Is it all intra-exchange while pulling an occasional reference to CMC every so often for average price? Or can you legitimately make money shuffling coins from exchange A to B? Depends on the coin, right? I’ve found a few pairs that have a great % difference from each other (1.5%+) with decent liquidity. Should I keep balances of eg BTC on each exchange and then trade it like that with each branch checking in on each other for when to buy with the optimum result being total price parity (minus fees)? Anons pls

>> No.11705255

>>11705139
Couple of different ways. One is be in the coinon two different exchanges. Say you are an LTC hodler and you have some on Bittrexand some on HitBTC. Also suppose you have bitcoin on both exchanges. Now imagine you check and the price of LTC on Bittrex is 0.0925 while on HitBTC it's 0.0875. Time for arbitrage. You sell the LTC you have on Bittrex for the high price and buy an equal amount on HitBTC at the low price. Perform both transactions at the same time and it's risk free money. When you're done, you can square up your balances on both exchanges by sending the excess from HitBTC back to Bittrex. Perform this for as many pairs as you hold whenever the opportunity presents itself.
There is also arbitrage on a single exchange where you start with one pair, then do several trades eventually ending back in the original coin but having more than you started with. Imagine you are on Cryptopia and you have some XRP. Trade the XRP for BTC then trade the BTC for DOGE then trade the DOGE for LTC then trade the LTC back to XRP. Somewhere in this chain was an arbitrage than caused you to end up with more XRP than you started with. There is some risk here due to possible slippage also check that the minimum trade amount is actually at the top of level 2 for each coin in the trade.
The last way is the most obvious. Price discrepancy between 2 exchanges where you buy in one spot and send the coin over to be sold. This is riskiest as the price could move on you or a wallet could be in maintenance so be careful.

>> No.11705277
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11705277

I'm too dumb to understand TA, too lazy to learn complex algorithm, and too skeptical to use/pay someone else's bot

So I just wrote an altcoin trading bot that simply follows best bid in order book
The price of the bot's bid is relative to that best bid

For example if best bid price is X, bot places a bid at 99% of X
If best bid increases, bot moves it up
If best bid decreases, bot moves it down
This occasionally catches those big red dildos
If it does, then immediately place a sell order for small profit

Sometimes it's bought and sold immediately because of long red wick down and/or other ”buy the dip" bots buying my bot's sell order

Dumb strategy I know

>> No.11705397

>>11705277
I like it. Not dumb as long as it makes you money. I'm guessing you have some way of figuring out which coins to try this out on since sometimes they drop and never go back up.

>> No.11705606

>>11705277
>tfw brainlets making bank with a dumb strat while my bot that I worked a full year on can barely break even

>> No.11705796

>>11705277
Eh... anon, this is extremely exploitable.
>Current bid/ask prices of $100/$120 on a coin
>Create a buy order for $119 with the bare minimum volume
>Your bot comes in with a fucking $118 buy order
>Sell at $118 to match your buy order
>Place bid order at $101 and buy back in while you hold my bags
People have been being nice to you in this thread but not nice enough to tell you that you could be getting FUCKED by other botters

>> No.11705876

>>11701294
>try /g/

>> No.11706068

>>11704936
Mostly Binance because volume. I won't go too much into details, but it is a slow bot, using 200d, 30d and 7d. I am much to paranoid to do a day-trading bot.

>> No.11706147

I know python, first year stats and linear algebra is there a guide or book on getting started? Thinking of doing this for crypto and forex. Are anons day trading or swing trading?

>> No.11706520

Okay algo-traders, what is the best ratio of win-amount/lose-amount? This will directly affect the ratio of wins/losses.

For example, if my win amount is always 8% and my loss amount is always -1.6% (ratio of k=0.2), then I need to win at least 17.3% of all trades to break even.
If I set the ratio to be a bit more attainable like 8% win amount to -4.8% loss amount (k=0.6) then I'll need to win at least 39% of trades to break even.

>> No.11706977

>>11706520
Bump dickheads

>> No.11707086

>>11705277
>>11705606
same feel, I've been tinkering on bots for over year that do active trading using evolutionary TA, other bots that do portfolio management/rebalancing, mostly on binance alts but also one trade bot developed for leverage on bitmex. None of the successful backtests ever work in reality, not for long anyways. And it's not an overfit problem, and my play money sums are so small it really shouldn't be a liquidity problem either.

And then I read about brainlets making money just maintaining buy orders for sell wicks on illiquid shitcoins. How stupid of me to try to build something complex.

And ditto on liquidity and volatility, if there was ever a profitable strategy in this market it's long gone by now. Evreything's flatlined. Super depressing.

>> No.11707307

>>11705255
holy shit, there are people willing to help on biz. cheers anon

>> No.11707534

>>11701375
>>11701617
>>11705796
>>11706520
>>11706977
Am I fucking shadow banned or something? 5 posts and 0 replies (different IPs because mobile data to evade Hiro's bullshit range bans)
What the fuck? Is my input just fucking shit or something??

>> No.11707665

>>11707534
/biz/ is dead

>> No.11707840

>>11707534
here, I'll give you a (You)
it looks like you need it

>> No.11707900

Anyone here using a paid bot?
I've been looking into ProfitTrailer and CryptoHopper.

>> No.11707944

>>11707900
Always a bad idea
Only way you can verify for yourself that it works is to backtest the algorithm. Paid bots are only ever going to be closed source and you can't test them.

Even without testing them I can already give you an answer: they don't work. If they did, why would anyone let others use them? Efficient market hypothesis and all that.

>> No.11708377

>>11707944
It would quite easy to verify if they actually cared. Predict trades with algo, put them in txt file, take hash of the file, publish hash. Now after some time publish the original file so people can check the trades and if hash matches. You are using hash to prove you had this knowledge without the need to publish any actionable details.

I think there could exist legit reasons why someone with a working algo would choose to sell it to people, I mean there are many investment funds and other instruments that are available that anyone can invest and presumably make some gains - why wouldn't it work for the crypto? Of course I agree that current paid bots probably follow more straightforward way of making money of their customers...

On the efficient market hypothesis - it's been a while since I learned about it. but wheren't the mechanism for it to work that some traders (likely those that bring new information to the market) actually have to make some profit?

>> No.11709441

>>11708377
>Predict trades with algo, put them in txt file, take hash of the file, publish hash
Seems valid

>On the efficient market hypothesis - it's been a while since I learned about it. but wheren't the mechanism for it to work that some traders (likely those that bring new information to the market) actually have to make some profit?
If there's a clear profitable opportunity, people will quickly take advantage of this. Then there is none. It's also why if a stock is fundamentally valuable with great future prospects, it's always already priced in before Joe and Sally can buy it cheap.
By allowing many people to use the same algorithm (i.e. exploiting the same profit opportunity), the profit opportunity gets wiped out

>> No.11709608

>>11709441
Yeah, I see it better now - the one with the original info would have to share his first mover advantage with other people. If the opportunity is big enough he could get more people in for a fee, but at the same time the bigger the opportunity the easier it will be spotted by others... Not impossible, but very unlikely.

>> No.11709884
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11709884

>>11706147
I day trade pretty successfully but I didn't really get much of it from a book. I did find pic related fairly useful though as inspiration though.
>>11706520
The ratio isn't that important. A lot of people suggest calculate expected value and go with whatever gives you the highest number. In my opinion though EV in day trading is a lot trickier than it looks due to slippage. I mean, it's like a crypto Heisenberg principal, you trade you are effecting the market so testing a strat with backtesting is pretty much by definition going to give you a false result. Even testing in real time with the Bitmex testnet is misleading. I'm pretty successful at this and while I do backtest, I take it as a very rough guide. So come up with a strategy, backtest the best you can and then just test it out in real time. If it works you'll know soon enough.
>>11707086
>None of the successful backtests ever work in reality, not for long anyways
Exactly. This echos my point almost precisely.
>>11707534
>Am I fucking shadow banned or something?
You do appear to be shadow banned but I just renewed my 4chan Gold account and was able to see your post. Maybe message Hiroshimoot
>>11707900
I tried Gunbot a long time ago and was disappoint. I had a buddy that tried Cryptohopper and even after my experience with building my own successful bot, I was not able to tweak his settings for profitability. The problem is most of the bots were created and refined in the bull market last year so of course they worked at the time and that's how they build their reputation. The problem is the success was an illusion. Anything worked last year. That is no longer the case but the bots are still around suckering people in.
>>11708377
EMH is mostly true but even Eugene Fama concedes that the market still has to be inefficient for brief periods cuz I mean, *some* body has to be driving the efficiency between the time news breaks and the price stabilizes. It's not instantaneous, especially in crypto.

>> No.11710585

Bump from pg 10

>> No.11710851

What are your experiences using machine learning in making trading bots
I know someone mentioned in this thread that it barely broke even, but I'm learning it right now and I'm wondering if it's a profitable avenue to pursue

>> No.11710904

Since it's looking like the thread might be winding down, is anybody doing any hardcore HFT stuff in crypto? Like using FPGAs or colocating in the same data center as an exchange? Any juicy rumors along these lines?
I realize most HFT strategies like for the stock market (like front running between the broker and various stock exchanges) won't really work in crypto but surely there's something.
Anybody doing any statistical arbitrage? Seems viable since as we all know when bitcoin dumps, alts dump, when bitcoin moons, alts dump, and when bitcoin goes sideways, alt coins slowly come back. Surely somebody (besides me ;)) is exploiting this.
>>11710851
Everything I've read and seen suggests it doesn't work but I'm going through some LSTM stuff right now I'm gonna try. Check this out:https://www.altumintelligence.com/articles/a/Time-Series-Prediction-Using-LSTM-Deep-Neural-Networks

>> No.11711115

>>11710851
I guess https://www.youtube.com/watch?v=-_vetNZjvpk would be the typical experience - fails at backtesting, off-the-shelf libraries are not enough apparently, although there were some previews threads where people were boasting about having fine tuned parameters and the "right" number of hidden layers... but that still doesn't exclude the possibility of them just getting lucky.

>>11710904
There was this one guy a while ago that complained that his orders were getting in miliseconds too late or something and he strongly suspected foul play by exchange he was trading on...

>>11709884
Can't profit still be achieved without solving this whole market efficiency thing? Like how about simpler strategies like observing all those discord p'n'd groups and predicting their next target - wouldn't that be enough?

>> No.11711304

The big problem is the miners and offline traders will dump the second they have any profit causing any strategy to go down-hill.

>> No.11711915
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11711915

>>11705796

Thanks anon
That's eye opening
I might add a little logic to search the order book for large bid as a support as opposed to simply set the price by percentage

In the meantime, I'm still struggling to find a way to reduce API usage
Currently focusing on Binance
I'm already caching all common calls like asset balances & ticker statistics (updating it with web socket API callbacks) and only use REST API to place bids & asks but still hitting 1200/min API limit

I'm trying to trade all the pairs except USDT pairs
Seems like there are too many pairs to not hit the limit

>> No.11712055

>>11711915
What you do there is get multiple cheap VPS instances going. DigitalOcean does them for $5 a month or some shit. One server will focus on coins A, B and C, while another focused on coins X, Y and Z. When trying to determine if arbitrage is worth it (spoiler: it's not), I had 31 different intances running simultaneously.
If you're a student, you can avail of GitHub's student developer pack which gives you free DigitalOcean credit AND free AWS credit. Never had to pay a cent for my servers

>> No.11712067

>>11710904
half of the big exchanges are running out of AWS so you just run your bot in the same region. if you're not doing that, you're probably retarded.

>> No.11712093

>>11711915
one thing i do for another exchange is i've added 8 external IPs to my ec2 instance (had to request a limit increase with AWS support, no big deal) and i spread my requests out across them so that i don't hit request limits.
idk if binance is limiting by IP or API key, but, if it's the latter, you could sign up for a few more accounts to share the load for non-order-related requests

>> No.11712098

>>11711915
>>11712055
Reason for the servers is they have different IP's and hence the call limits won't get hit. Didn't specify that.

Also if you're not already using ccxt I'd advise you do. It's a very handy API wrapper that let's you use consistent syntax for all your algo trading needs. No need to go writing additional functions to deal with an exchange's poorly designed API, you just plug in the commands and go

>> No.11712103

>>11712098
is ccxt still using floats for numbers on python? that's inexcusable for finance.

>> No.11712131

>>11712103
What do you mean? What else would they use? Ints, strings? They provide the number of significant figures for each coin if that's what you're getting at.
I've never had an issue I just needed to use price=round(price, precision)

>> No.11712180

>>11712131
fren...you never EVER use floats for financial data. that's why the decimal type exists in python. that's like second year CS student stuff. ccxt is amazing and i'm in awe of whatever wizardry they used to make it support 3 languages from one codebase, but, i can't overlook that epic fuckup.
https://stackoverflow.com/questions/3730019/why-not-use-double-or-float-to-represent-currency#3730040

>> No.11712217

>>11712180
Kek I was just reading that exact stackoverflow post before you sent this reply.
I generally found that the slight differences never had an impact on what I was doing but I will have to agree with you that ccxt really should have used Decimal instead. Sure look

>> No.11712287

>>11712217
there was an open issue about it on the ccxt github but that's been a while since i looked into it

>> No.11712510

>>11707086
>And then I read about brainlets making money just maintaining buy orders for sell wicks on illiquid shitcoins. How stupid of me to try to build something complex.

I remember back in December or January i made like 7k in 15 minutes by watching BCH painting wicks and candles back and forth every few seconds on 5min candles so all i did was set sell and buy orders slightly within that range. I remember it was like a 45 min spree of bch doing nothing but painting thin wicks within like $3.2-3.7k range whenever the fuck it was that high. Looking at previous candles it was all thin wicks but the current candle was having a seizure between the top and bottom of the wick, if this makes sense

>> No.11713441

>>11712055
Kek arbitrage is worth it easily, but not in the traditional way
If you can't think out of the box then you're never going to make it

>> No.11714308

Kinda sad volume seems to be reallly dead. Hard to put a number on it but I'd say more than 90% of volume is fake in crypto right now. Some exchanges front run you I'm pretty sure. Some have weird freezes during high volume spikes. I umderstad now that exchanges need liquidity providers and thus often work together with them/give them better deals/access.
Life as a small botter is dangerous :)

>> No.11714527

>>11713441
Hey don't get me wrong - I am aware arbitrage opportunities exist. I found there were some shitcoins with spreads as good as 10%+, but these shitcoins were way too dodgy to enter a position with because in the process it could naturally fall -20% in price.

What do you mean non-traditional?