Join Our Community Here:
https://t.me/ManyVolumeSignalMonsterMarket making is an art. Like pure arbitrage, the math behind making markets in high- or low-frequency trading makes it very unlikely to lose big - while the small, incremental gains over time mean that you'll receive predictable and measurable gains.
This is made possible, for the most part, by having an edge over a market or a combination of markets - like market maker rebates, or reduced fees. When your trades have an advantage over the average trader or algorithm, you've got a sure-bet to win :)
In lamen's terms we automate both sides of the bid/ask spread, until such time as we're too far exposed in one side of the equation and then we wait to settle those positions. The % amounts of balance we're exposed the trigger this safety behavior are configurable in these bots - all of the input variables are!
And while we've seen ~10% net ROI in less than a week and $hundreds thousands notional ETH and $millions notional BTC traded on one exchange, we'd like to get people churning deltas, alphas and notionals with subscriptions!
The exchanges we're looking to support at first are those with market making fee rebates or a fee structure that's condusive to a better trading experience - ie. Okex has a tiered fee structure that decreases with volume, which is superior to Binance's fee tiers that decrease with volume but also require holding illiquid BNB.
https://hackernoon.com/porting-a-bot-to-binance-futures-market-making-competition-6v6a31qhhttps://dunncreativess.github.io/2019/11/20/complaint-about-bitmexs-websocket-api-and-update-on-profitable-market-makers/https://dunncreativess.github.io/2019/11/20/complaint-about-bitmexs-websocket-api-and-update-on-profitable-market-makers/Hint: you can send an Ether transaction if you have Metamask using this form on my site:
https://dunncreativess.github.io/send-me-ether/I'll add you to the GitHub private repository and give you support setting up the bots.
