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simplemarketmaker's Introduction

Market maker-fee chaser

Made by a non-programmer, only for hobby/educational purposes (a semi-copy paste project from https://github.com/deribit/examples). USE THE SOFTWARE AT YOUR OWN RISK.

Always start by running a trading bot in test server and do not engage money before you understand how it works and what profit/loss you should expect. Do not hesitate to read the source code and understand the mechanism of this bot.

Improvements:

  • additional ability to: a) respond to strong market movement (both of qty and price) b) change bid/ask based on certain parameters (equity, maintenance margin, etc) c) perform multi accounts task

  • refresh/tidy up/improve efficiency bot code

  • add eth qty (x10)

  • add/improve bot code related to e mail/time/telegram

Risk management:

  • Prioritise long over short (since short is a bit riskier). Short only for balancing (offsetted margin to avoid liquidation and allow higher long position)
  • Focus on protecting capital instead of making transactions
  • Place right position from the beginning
  • Cut loss?
  • Allow risk position update by e mail/telegram

simplemarketmaker's People

Contributors

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Stargazers

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Forkers

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simplemarketmaker's Issues

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