Mfw when I make 1% everyday with a trading bot and every /biz brainlet rage about their shitcoins crashing

If I believed you I'd do the same

OP, I also have a custom coded bot. What strategy do you use? Mine is not profitable. It is losing money out of all ten strategies I tried. It has extensive backtesting and everything.

Now it's possible some strategies my bot used only failed because of the massive downtrend we had lately, but, all the same it sucks coding all that only to have it lose money. What do I do?

My bot traded me from $448 down to $347 so far. It's actually doing worse than if I just held through the crash.

I'll start using a trsde bot once I increase my portfolio a bit more. I feel like I learn a fair bit from manual trading, even if I lose some money in the process

Fuck it’s like the bot is overtrading

He is larping fag.

>Fuck it’s like the bot is overtrading
Hm. Yeah it does about 12 trades a day. You may be right.
What reason is there to believe he is larping? Bots are everywhere.

...

Nobody here is averaging 1% a day.

>market shifts
>bot doesn't know what to do
>lose everything

Total P/L 3 HOURS
(1.52%)

oh oooh no no

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I'm averaging -1% a day

maybe my bot is way too short term. i have it trading 12 times a day trying to get 0.5-1% profit each time. it monitors about 20 coins and backtests the last 24 hours on them to find the sweetspot price that would have generated the most profit.

except...this strategy doesn't work. it loses money, the backtesting does not indicate jack shit apparently.

what if i gave it a more long term strategy and had it monitor the 20 biggest coins and when any of them hit the 30 day low, buy? then never ever sell and wait for it to recover half of its previous 30 day's high?

What bot do you use? And strategies?

>His bot doesn't trade based on signals

kek what a faggot you are OP. How much did you spend on your precious little bot scam?

I make better gains every day just by learning to weaponize my autistic ADHD, put $100 in an exchange 3 days ago and I'm already up to $157.

> Yfw people on /biz can't compound interest
I have no face

custom coded. i'm no strategy expert so it just uses simple things like SMA crossovers and backtesting the last x days to what buy price would have generated the most profitable trades, and monitoring the Order Book (some call it Depth) to try to figure out if most people are trying to buy or sell so it can see if the outlook is currently positive or negative.

none of it works. it all loses money.

>His bot doesn't trade based on signals
yeah i'm thinking of making my bot trade on signals. where do i get good signals though?

doomt eet

My dude you could sell your bot for hundreds of millions if not billions of dollars. Offering 1% per day is literal MLM/ponzi scam level returns, it's also what Bitconnect offered.

Because price moves randomly due to countless external factors, and not in a randomly distributed way, but a continuous sum of random buys and sells.

How do you write a bot? What language do you use to grab data from web browsers? Sorry I haven't done any coding since the 90s. I can understand gathering the data but what function do you call for it to actually type in the amount and to sell? Do you tell the mouse to make the clicks like an advanced macro? Thanks!

yeah just go into c:\\windows and delete system32 and it should autoinstall

Most exchanges have an HTTP endpoint you hit to get data and make trades, so any language you want.

I have some bad news about your "gains".

>wtf is compound interest

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1.01^365 = ?

Jfc.

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Pls gib estension

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1% a day means in 4 years you'd turn $1000 into more than 2 trillion USD. Stop LARPing.

it's called the mega larp function. There's no magic money making formula that will work in all conditions. and if there were, everyone would be making money off trading which isn't possible.
and if it only works in certain conditions there is no way to check which conditions you are in before losing money with a bad method.
any function that is simple enough to be made by a simpleton asking "how do I make a bot" will have average market performance.
any function that is complex will be overfitted or underfitted to market conditions and will get average market returns.

I am writing a bot too, there are so many opportunities out there, just look at the Binance pump of the day...
My thing is just finding exit zones, my trades go well above 1% but if I hold too long then I lose out.

There is a magic formula. It's called join a secret whale Discord.

its not 365% you fuck its 1,001^365 which is fucking 1.44025131343

1.001 = 1% ?
i love biz retards

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DON’T listen to him, I did that on my dads work computer because /b/ told me to and my dad beat me almost to death. I had to live with my aunt in Vermont for a while after.

Did you write the bot yourself?

don't try and help Jow Forumstards with basic financial maths.
What bot bro? 1% is super comfy. I'm trying to either find or build a bot to use my manual strategy on.

I've always wondered why most people dont do this

I do have a version of my bot that ALWAYS profits. But can only make 1% a week roughly. I want to sell it to people because 1% a week on my $400 is nothing.

It can always profit because it only trades "stablecoin to stablecoin" pairs. TUSD/USDT for example. Buy at 0.993 and sell at 1.00. It only happens a few times a week but its guaranteed profits.

THE ABSOLUTE STATE OF STINKIES

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how do you deal with taxes?

he probably isn't an American slave to the Jews like we are.

based, which exchange

I know you're larping, but I literlol'd.

(You)

binance

Never mind but it's 1.5 Billion

so you are a registered day trader?

there's no guarantee strategy for 1% return. it depends on the work he put into. if its sophisticated programmed with plenty of backend analysis, fallback strategys etc he might achieve an excellent return. but given how this show overall works i heavily doubt that there's a fairly simple "push button print money" strategy that you can automate and that works in every market environment.

1.001 sounds like that you wanna do 0.1% ......(?)

you take fee' into account?

there is a gauranteed strategy for a 1% return. its called US treasury bonds. and they give you 4% return guaranteed. millennial twat.

but he's obviously referring to OP's 1% daily claim, not an annual or semiannual amount. calm down boomie

yeah. it says they're only 0.1% per buy/sell

which language did you code it + how long did it take you?

Now this is how you fud link

javascript. about 5 days 6 hours a day to get it to an acceptable standard. just been improving it ever since. here is the code just so you can have a look.
pastebin.com/Tj1FhEq5

I bet you're not taking fees into account.
I made the same bot for the lulz, it doesn't work.

this looks solid, how old are you to have only $400

the fees are only 0.1% both ways right? is there some other fee to account for? i haven't been paying attention to my binance balance i've just been trusting the bot
i'm 32. i got hit by a lot of big emergency bills lately that's why i don't have $400 anymore. before those i had $5000 saved. i only make $24,000 a year income

Yeah, until conditions in the market change and it makes you -30% per day a few days in a row.

i wonder if a bot that uses a coin's blockchain itself to determine if it's in a "buy" or "sell" state would work? monitor how many new addresses are being created. how many transactions are being made. etc. if addresses are being created at an ever faster rate that's a good sign, etc.

basically monitor if the coin is actually being used or if it is dying.

Only 0.1% but you can look at the trading history of the pairs yourself. Price never exceeds 1.0001

East to do but actual use doesn't mean jack shit in crypto.

Congratz, you should be the richest man on the earth in a few years. Or a liar.

t. retard

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i have a bot too but past 10 days was bad

made some changes to make it more conservative hope it improves

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>stat.moon-bot.com
>Statistics by 73% of users who agreed to data processing
>Summary info 24h: trades 20616, profit -15412.65 $
oh nonono no no hahhahahahhaa

Tfw I make 1% a day compounded holding ampleforth

who needs a bot when you could buy DUSK you DUMB FAGGOTS