The bot added about 50% to its long position and the entry is now around 12800. So far it is up 5% BTC.
-YoungShkreli
PS
The bot makes 300 trades a day so position is subject to change quite often :)
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position size is the same but it traded down its entry $200 so average entry is $12600. Bot still bullish. With the shit, the bot is up 2% BTC and im not sure how much usd. Drawdown sucks but get used to it.
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Bot is still long, about the same position size. It's traded down the average to about $12400.
@hjgdesilva, join my discord/ follow me on Twitter and you can learn!
Butcher_of_Bitmex
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Bad bot!
CantorTechnologies
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@Butcher_of_Bitmex, I'm not sure yet not enough time has passed, but I can make it better I will say that. It's still long and in a bull trend I don't exactly think that's stupid. What do you think? Do you think buying in a bull trend is stupid? Do you expect it to guess the market perfectly? I don't lol
Butcher_of_Bitmex
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@youngshkreli, It's not a bull trend; it's a sucker rally. Once we reach the bottom (somewhere between 1.8-3K) we will see the bull run you speak of.
CantorTechnologies
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@Butcher_of_Bitmex, Trends are not up for debate. On the short term by most technical measures, we are IN FACT, in a bull trend. (with latest price action maybe we can debate certainly not at the time of the post). You cannot predict the bottom and neither can I. It is foolish to try.
CantorTechnologies
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@Butcher_of_Bitmex, This is my first bot and the purpose of it is not to make money, it is to take data on the orderbooks. This data is sent to a database and it is this data that I am hoping will help me. The bot is literally just there to be a bot. I think it could be profitable, but by no means is it perfect.
Bullandbeartrading
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I like that analysis.
CantorTechnologies
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@Bullandbeartrading, I assume you are being facetious, I can't share what the bot is thinking however because it doesn't think. So I can either share nothing, or share what the bot is doing.