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/biz/ - Business & Finance

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5671779 No.5671779 [Reply] [Original]

What's the best way to fuck with trading bots?

Bonus points if you can get them to buy high/sell low

>> No.5671882

>>5671779
To fuck with anyone in this market you need more money than them.

>> No.5672107
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5672107

Disclaimer that i've never tried this and im not even sure that it would work. There are bots that create massive spoof buy orders on gdax deep in the order book and then pull them once the price gets close. My idea is create a similar sized buy offer at a lower price in the order book, then do a buy order that purchases everything up to and including the bot's offer. Hypothysis is that the bot will freak out and dump the coins for a loss, as it was never actually intending to purchases them, and guess who they sell to? That right you, and your lower buy offer. So essentialy you can sell the coins to the bot for a high price and buy them back at a lower price. Problem is this market is kind of teetering on the edge and creating massive buys and sells could trigger a price move.

>> No.5672128

>>5672107
Apologies for poor English

>> No.5672271

Consider this.
Some bots look at previous trades.
You can trick it by buying minimal amounts 100 times then selling it all at once.
Most bots will decide this is buy time
You place any order and bots fill it

>> No.5672719

>>5672128
Wasn't bad