totrader/README.md

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2020-09-02 16:45:17 +00:00
# to-trade-bot
2020-09-06 13:27:19 +00:00
Makin money, ya bitch, can ya dig it?
From this youtube vid: https://www.youtube.com/watch?v=es9jyTTxKB4
1. get current price
2. look at book and place 1 buy order directly below price and 1 sell order above price
3. Once the buy and sell is filled, do it again
### 1. Manipulations and beliefs
Market is not driven by price, but by belief. The market is determined by what traders believe.
The market is manipulated; it is a manipulative process. (Beliefs of the traders is being manipulated).
3 phases of the manipulation process:
* Accumulation - when accumulation of buy or sell orders is taking place.
* Manipulation - where market makers use well established practices to manipulate traders beliefs about future price.
* Profit Release - where market makers are able to distribute the orders they accumulated in the first phase.