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I was hoping to see some discussion about market-making bots or arbitrage bots, which I know for a fact can make money. Can these kinds of prediction bots actua
by scottmsul 9y ago
I was hoping to see some discussion about market-making bots or arbitrage bots, which I know for a fact can make money. Can these kinds of prediction bots actually beat random chance? I assumed price fluctuations mostly followed a random walk.
- joosters 9y agoThat's not really related to it being a bot, though. For any form of trading (whether manually or through some form of automation), of course there's going be some choice of buys & sells that return a profit. How you choose such a profitable strategy is a huge area of discussion. However, it's a completely different subject to the article, which is just focused on the mechanism of running a bot.