One of the latest trades:
09/10 00:01 09/09 14:13 XMR/BTC 2,583.21 1,990,080 2,000,800 51.591฿ 103.182฿ 276.92m฿ 89.29m฿ 187.63m฿ 0.4
2,583.21 XMR were bought at price 1,990,080, which gives an order size of 51.591฿. At the same time the Poloniex BTC balance is currently about 28฿. So here we go again, gearing factor of 1.84. Including all the other assets, the order size is larger than LQD's total value (46฿). One adjustment seems to be that a profit margin of 0.4% is accepted, compared to 1% previously. Anyway, the high risk behavior which caused the massive losses in August continues. Similar losses are likely to appear again in the future, but perhaps smaller because of a tighter stop-loss.
GH,
I appreciate the feedback and that you are reviewing things. I updated the title of the trades page to say this, "The orders listed below are usually comprised of dozens or sometimes hundreds of trades." Meaning that I'm not making one trade for 2,583.21 XMR at 1990 and then hoping I can sell it at 2000. The program is running tons of trades a minute when the action is hot and reporting all of it would be meaningless, would be a massive page and could potentially give away the algorithm I'm using which I'm purposefully keeping secret.
The major difference that you can glean off of this is that
1) "yes", the profit was only .4%, meaning that the code did start closing at a loss because the big XMR dump, however it had the opportunity about halfway through to attempt for a profit which it did. If that opportunity had gone away, it would have then closed at a loss completely.
2) Probably about 1/3 of the margin was in use briefly before the code started to close the trades at a loss. One of the numerous challenges in bot programming is to maximize margin in the most extreme case. If that can be accomplished, then decent profit the other 99% of the time can be achieved. This was a pretty fast dump and so if a "lot" of margin is used briefly, then I believe that is correct.
Thanks for your feedback and persistence. Please feel free to keep asking and I will do my best to answer as clear as I can. Sometimes I will need to be cryptic though to protect what I feel is a valuable algorithm.
LibertyNow
P.S. I updated the order columns to also say, "AVERAGE Buy Price" and "AVERAGE Sell Price" and then put the price in plain decimal BTC rather than satoshis as before.