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What kind of algorithm do you use for your trading bot? Say: Strategy 1: If the market is trending higher. Then, buy on the dips. Hold. Sell for 20% gains. T
by blackrock 6y ago
What kind of algorithm do you use for your trading bot?
Say:
Strategy 1: If the market is trending higher. Then, buy on the dips. Hold. Sell for 20% gains. Then rinse and repeat.
Strategy 2: Or, if the market ($SPY) has risen for x percent for the day, say 3%, then you short the stock. Wait for it to correct, and sell for 20% gains. But if it continues rising higher than 10%, then buy back the stock to close out your position.