Question
Can I adjust the lots number
after the bot has made
A buying trade
Answer
You can only adjust the lot number
If you ad more fait currency (money)
to your exchange
Here’s why
Lets say you setup a Bot
With a $300 and you
Set the lot number to
5 lots of $60
You then click the
Start button for the bot to start trading
And after a little time bitcoin price drops
And the bot
Buys 2 lots of $60 each
You come back to the bot and
Decide to adjust the lot numbers
From 5 to 6 so now there are
6 lots of $50
At this point you would need to ad
An extra $20 to your exchange +fee of 0.25%
Here is why:
You have 2 open buy lots of $60 each
that are waiting to be sold
These lots of $60 x 2 = $120.00
Plus new
4 lots of $50 = $200
Total the bot needs to carry on trade is
$120 + $200 = $320
As you can see you are $20 short
And you need to ad this
extra money to your exchange
Now lets say you have a bot that is setup
With $300 and the lot numbers are set to
10 lots of $30 each
And because of the continuous drop in Bitcoin price
The bot opens buy orders for all 10 lots
Meaning the bot can not make any more buy orders
At this point you
Decide to adjust the lot numbers to
11 lots, that would make the lots size to $27.28
By doing this, you would have to ad
$27.28 to your exchange
Here is why:
Your bot has 10 buy order open of $30 each
= $300
You added 1 more lot of $27.28
By adding these 2 numbers together
= $327.28 this means your bot will NOT be able
To carry on trading
Unless you deposit $27.28 + fee 0.25%
To your exchange
So before you adjust
The lot numbers make sure
You have calculated the extra money
You need to have in your exchange
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