Messages

1

General Discussion / Confused on license

« on: January 02, 2018, 11:11:51 PM »

I bought GunBot back in the end of August.  Life happened and I stopped using the bot for a couple of month.  I download the latest version and it says my license (API) is invalid.  I understood that when I bought the product that my license was a lifetime upgrade license.  Do I have to pay for the new releases?  Been about 4 months since I bought it.

2

Beginners & Help / Re: Bitcoin Spread

« on: September 03, 2017, 11:56:11 PM »

let me see if I can explain it using fake easy numbers to explain the way i understand profit and spread and other fees.

Some exchanges just flat out charge per trade on every trade.  I am seeing this normally at about .25% per trade.
Some exchanges do a Taker and Maker structure with their fees.  Takers (people who do market orders) pay a .3% fee, and Makers (those who do limit orders) pay 0% fee
Then there is the price difference between the bid and ask.  Depending on volume, the exchange used the difference between the bid and ask can be 0-5%

Say I am buying something that has spread of 2%.  Does Gunbot sell 2% higher than when I bought it, or does it know there was a big spread so I would actually need to sell at 4% to make 2% profit.

3

Beginners & Help / Bitcoin Spread

« on: September 02, 2017, 02:46:14 AM »

Does anyone know if the bot takes into account the spread of the bid/ask.  I am making 2% on a bunch of trades with default BB/BB 25 settings, but overall my total account doesn't seem to grow and I am wondering if this is because some of the altcoins are greater than 2% on their spread.