Gunthy

GUNBOT: The automatic profit generator => General Discussion => Topic started by: Explosive on February 05, 2018, 11:04:54 PM

Title: Exchange fees
Post by: Explosive on February 05, 2018, 11:04:54 PM

Hi,

   Will gunbot equate for exchange fees to stay in profit in small percentage trades during bear market?
I’m asking because I’m playing with a emotionless strategy that will trade very small gains well the market is a bloodbath and need to know if I need to figure in fees or not. This strategy will be run only when I’m right there watching and hopefully will pull a half percent or around that per trade.

Thanks all

Title: Re: Exchange fees
Post by: sloaleks on February 06, 2018, 01:03:02 PM

I'm not sure to this day, as I have not found anything explicitly in the wiki regarding fees. So, what do I do? I count the fees into my absolute lowest gain set in the strategy. Just in case. If anybody knows more or better, I can stand corrected, but please show the source.

Title: Re: Exchange fees
Post by: Explosive on February 06, 2018, 03:22:30 PM

Thank you for the reply. For this strategy it would be counterproductive to factor in the fees unless needed because the lower the gains are set the better it will work because it’s meant for bear market with low movements. It has to be quick selling.

I’m going to do some test runs and figure out if it accounts for fees I’ll share my findings

Title: Re: Exchange fees
Post by: sloaleks on February 10, 2018, 08:17:04 AM

Good, but in the meantime, the situation has become more trading friendly. Gains are much better.

Title: Re: Exchange fees
Post by: packtim on February 11, 2018, 05:41:52 PM

I have had a look into this too.  I am using Emotionless with Bittrex, 0.25% buy and sell, so esentially 0.5% per trade.  Doesn't look like it is factored in.

Title: Re: Exchange fees
Post by: KingOfKool on February 20, 2018, 04:02:42 PM

Does anybody know the exchange fees for binance?