A Trailing Profit Story

Gain at 1%
Trail at .25

Coin rises to 1% - Bot: “I'm watching you”
Coin rises to 1.5% - Bot: “Still watching, where's that downtrend?”
Coin drops to 1.35%, - Bot: “It's Dropping! Has it dropped .25% yet? No? I'm still watching!
Coin rises to 6% - Bot: “I'm watching you!”
Coin drops to 5.74% - Bot: “Gotcha! Whats the next Ask price, I'm selling!”
Next ask price is 2.5%. Bot: “Is that over our gain? Yes?? SELL SELL SELL

Coin sells for 2.5 % because there wasn't enough order volume to get it higher, and the bot can't react with millisecond reactions anyway.

Many many coins rise and fall in lurches like this. Fast rises, fast downs. Some don't, and those are usually the coins you see sell at close to top price - trail amount.

  • ko/a_trailing_story.txt
  • Last modified: 14 months ago
  • by t1m3c