Topics

1

Beginners & Help / Do you ever manually sell to cut losses and move on?

« on: September 20, 2017, 06:02:01 PM »

My example is with ARK right now. Everything was going very well and GB made lots of profitable trades. Unfortunately, now I'm left with a bunch of ARK just sitting there that GB won't get rid of. I'm wondering if I should just keep my fingers crossed in hopes of it eventually going back up (it might, it's not a bad coin) or if I should just sell it to free up the capital to make profitable trades elsewhere. I might consider putting on double up, but I don't have enough bitcoin to cover the entire lot of ARK.

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Beginners & Help / Selling in BB strategy

« on: September 17, 2017, 09:49:48 PM »

Does Gunbot sell right after the price peaks after going above your HIGH_BB threshold or that scenario AND being profitable compared to past buy prices? I know it's not perfect to compare Gunbot's behavior to the BB graphs drawn by Bittrex, but it looks like it's missing big selling opportunities. My theory was that it was waiting for that to happen when it was able to get a profit.

If that's the case, is it possible to turn that off? I know the ideal strategy is to turn on double_up and wait for it to average out, but I'm just curious about the control of BB strategy.

3

General Discussion / Most reliable pairs?

« on: September 17, 2017, 08:57:08 AM »

Hypothetically, if the next version of Gunbot only supports three pairs, what would your three reliable moneymakers be?

Over the time I've been running Gunbot, I have had good results with EDG, ARK, and OK (all paired with BTC).

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Beginners & Help / Best proportion for BTC_TRADING_LIMIT

« on: September 16, 2017, 01:29:50 PM »

I'm wondering if there is any consensus on what the ideal proportion of total bankroll to BTC_TRADING_LIMIT should be. If set too low, any returns will be minuscule, but set too high, and you greatly increase the risk of ruin. From the posts I've read here, it seems there are people trading with a wide range of bankroll sizes. Does anyone have any rules of thumb on how to choose that parameter optimally?

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General Discussion / Rough week: How much was the market and how much was Gunbot?

« on: September 15, 2017, 08:18:24 AM »

I bought a Gunbot license a week ago and have been running v4.0.5 24/7 ever since with an almost default BB. (I was told by the reseller to increase the gain setting from the 0.6 initial value.) I have tried to use high quality, solid reputation, top volume coins. I have swapped some in and out, but there have been usually at most 10 BTC-coin pairs at a time.

Over the course of the week, I have seen the value of my Bittrex account decrease by nearly 40%. I understand that the market took an incredible downturn over the last few days so I know some of the blame lies there, but I'm wondering how much. How has everyone else fared over the last crazy week?

I noticed that when a coin had a downward trend, the bot would continue to buy and my portfolio would become overexposed to declining currencies. That overbuying process would deplete my BTC stores which meant that the bot was unable to take advantage of some of the other coins' really solid gains. It essentially froze itself up by overbuying tanking coins. I have since changed the STOP_LIMIT to 30 to avoid those situations.

For those of you who were profitable over the last week, can you offer any advice on how to right this ship?