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