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Author Topic: Averaging down manually  (Read 4882 times)

Offline tammons

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Averaging down manually
« on: November 19, 2017, 07:55:42 PM »
As we know, a lot of times coins suddenly dump and will recover in a short amount of time. Sometimes only minutes.

At these times I would like to add to my position at the low.

Turn GB off and on to reset it, and let GB ride it back up and sell at the correct % above the average purchase price.

Will GB average the two buys, IE the GB buy and the manual buy, and find the correct % exit point?

Thanks

Offline sloaleks

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Re: Averaging down manually
« Reply #1 on: November 20, 2017, 01:03:05 PM »
it will, mine has done so. you can test this with a small manual buy of a downtrend coin and leave it to the bot to sell it. I also wanted to manually sell some BCH or ETC (don't remember anymore which of these it was) last Friday and could not get my account on Kraken to post a sell order. Got only errors. then I made a pair with the offending coins and left it to the bot, which successfully sold a couple hours later in the middle of the night ...