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re: Crypto Trading Bots
Posted on 11/3/21 at 9:20 am to mach316
Posted on 11/3/21 at 9:20 am to mach316
thanks for your responses. I might try setting up an account with just 200 in BTC/USD and setup a bot to run with that for a few weeks just to see how it manages.
What settings should I use for that small of a starting balance to ensure the bot doesn't bottom out and break?
What settings should I use for that small of a starting balance to ensure the bot doesn't bottom out and break?
1
Posted on 11/3/21 at 10:19 am to TigerFanatic99
The minimum would be $10 buy order and $10 safety order. I believe the video shows his starting his out at BO $10/SO at $20 with a 1% take profit amount. You could do 20 safety orders at a 2% price deviation. Then set your safety order volume scale to 1.05.
It will show you the amount the bot would cost in a little box on the top/right side of the screen when you create one. You can adjust these numbers any way you want though. Of course running just one bot may be pretty boring, but it will at least show ya how to create, and adjust them. Ultimately you will want several bots running at the same time, because you never know which one is going to make a run.
It will show you the amount the bot would cost in a little box on the top/right side of the screen when you create one. You can adjust these numbers any way you want though. Of course running just one bot may be pretty boring, but it will at least show ya how to create, and adjust them. Ultimately you will want several bots running at the same time, because you never know which one is going to make a run.
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