Can anybody enlighten me on if & why/why not this trading algorithm would work

My idea is quite simple, the algorithm buys whenever price falls (in small steps), and sells if all of those individual positions make a set % (not sure how to do the math to optimize that, must be above trading fees obv). There is no duplicate positions, and the size is big enough to cover a veery big pricerange.

Can this work? As long as there is volatility there would be gains. Only a drop to zero is a rip (normal holding gets rekt by that obv. Aswell)



View Reddit by S1r_Mar71nView Source

Related Posts

9 Comments

  1. dskloet
    July 13, 2018
  2. puru991
    July 13, 2018
  3. BitAlt
    July 13, 2018
  4. Nunoyabiznes
    July 13, 2018
  5. Mishichi
    July 13, 2018
  6. ftusg
    July 13, 2018
  7. SOGorman35
    July 13, 2018
  8. disneyjams
    July 13, 2018
  9. gethighthinkbig
    July 13, 2018

Add Comment