log☇︎
313300+ entries in 2.021s
mjr_: and if i could monitor them in real time
mjr_: i wanted to see if the crazy spreads i saw last night were real
mjr_: not sure about execution time etc, but i don't think i need to whip out the c++ yet, do I?
mjr_: and i was curious
mjr_: i mean, i mostly wrote the spread finder cuz it was fun
mjr_: which i think would be awesome
mjr_: i think he was referring to licensing code to me
mjr_: so i could build that engine to monitor my account and then update my positions and orders table
mjr_: i would mostly just like an ack on order being received, and then an execution be sent if i got filled
mjr_: would be nice i suppose, but parsing sql and parsing json is about the same effort
mjr_: i wonder why
mjr_: ie. sell THOSE shares that i got cheap, but no more
mjr_: i think i am going to keep track of individual fill prices, so i can know if i should sell or not
mjr_: i dn't care about 5 contracts so mucnh
mjr_: yeah, but i mean, i can say get 5 $20 calls...at 1 satoshi over current, and then if i ever get filled, just replace that order and then open up sell at 1 satoshi beneath
jurov: mjr_i did options, too. but you can wait like weeks till there's som movement
mjr_: but overall, if i can say that in any given situation i am getting the best possible price, that is ok
mjr_: the volume is the part i haven't really figured out how to adjust for
jurov: i tested my bot several months... and still occassionally does snafu
mjr_: since i am responsible to ask constantly
mjr_: that is the one part that i will have to test very rigorously
mjr_: i am gonna give my little guy only a little money to play with
jurov: that wouldn't exactly be the problem. suppose it blows up when i'm not around
mjr_: i think the main way to do this would be with the options...the spreads are regularly 33%-50%
jurov: and as for the api, i'd really like it... but having the orders count suddenly increase 10x is just too big risk
mjr_: although currently i am running it with .5% to ttest
jurov: i guess.
mjr_: so i would weight it's priority to buy and sell accordingly
mjr_: also the ultimate goal is not so much to scalp and front run, but rather build up as long a position as i can for the least money
mjr_: again, until i actually register on mpex its all academic
mjr_: it doesn't seem like it is moving a ton, but of course, if i get filled on one end, i cancel orders and reassess
mjr_: and yesterday, when i was watching
mjr_: but there is still profit there...and i set it so that if you put a lot of volume, i go a satoshi cheaper...if it is thin in front, i wait behind for extra satoshi
mjr_: i would obviously need to have it use pympex
dub: http://i.imgur.com/PVAKKNH.jpg?1
jurov: why would i, or the bot, want tight spread?
jurov: http://www.wolframalpha.com/input/?i=bitcoin << hilarious
smickles: heh, i got that once
jurov: yeah they'are amusing.. i got windows xp booting gif the other day
Ukto_: I was debating using it to buy some bbet hehe
Ukto_: I do.
jurov: i heard they can't afford 0.09 BTC/month
Namworld: I'm seriously thinking I should just compete.
Ukto_: thats how lame I am. bored at parents waiting on them
Ukto_: DeaDTerra1: its cool that I can use BF's webirc via my phone LOL
smickles: EskimoBob_afk: i'm having a tough time 'catcing your drift'. could you rephrase that or elaborate?
Ukto_: smickles: thats one of the things I am looking to add
Ukto_: the first one is more than halfway now. might get it released tomorrow if I am lucky hehe
Ukto_: thanks, I was debating adding some more details to it one the other 'things' are done I todl you about
Bugpowder: I will sell for 1/2 of usagi's valuation
Ukto_: besides, I would hate to flood the channel with BF's massive trades (eyes roll) :P
jurov: mjr_ and coinbr api isn't planned in near future, sorry. i just concluded whole thing isn't ready
mircea_popescu: i have no idea, i'm speculating.
mircea_popescu: i mean te bot of you
Namworld: I was about to point out the h
FabianB_: "It is perhaps worth nothing that various observers.." <-- i think there's a t too much in "nothing"
jcpham: i like how the citations have links to nude girls
jcpham: except for when i stayed in the dorms in college
thestringpuller: while I'm just here masturbating
thestringpuller: smickles: I feel like you were married in college :P
smickles: i dunno. I often waited untill a girl complimented my hair, and that most often came after not showering for a day or so
thestringpuller: I need to go to the country towns and pick up hot farm girls.
smickles: heh, now that I think of it, that was a fairly good pickup line. "do you want to have sex over there?"
mircea_popescu: i pretty much went to whore school.
thestringpuller: so I feel I was lied to about the "liberal girls"
thestringpuller: I got laid once in all of college
thestringpuller: I had like 4 people from school come ask me about bitcoin yesterday...
mjr_: but since i don't have mpex yet i can't test it out
mjr_: then just keep track of your orders using statjson i guess
mjr_: i think it would be relatively easy to give it that logic and use pympex
mjr_: bugpowder: i need to set up an interface
Bugpowder: I'm taking a break from bot dev for a few weeks. I had good news in the job hunt process and need to devote 99% of my attention there.
mjr_: i built a cool little thing
Namworld: Hmm, I shall do the same I suppose
mjr_: ok i am gonna get some sleep
mjr_: how much should i weight the inner straddle vs the outer strangle
mjr_: like say i had call put at 20, call at 21, put at 19
mjr_: i have been trying to do some simulations and modeling of weighting the strike prices differently to find the best mid of risk, cost, and profit
mjr_: yeah i like it
mjr_: i like long straddle
mjr_: i should be in a risk neutral position
mjr_: if i sell the put and i sell the call
mjr_: i just want to buy put and call
mjr_: but i always heard people talking about collateral with their options
mjr_: not sure, i thought it was weird
mjr_: i am buying them
mjr_: i am not creating them
mjr_: it should be risk neutral...and all i should be able to lose is the premium i pay
mjr_: for example if i had the put and the call
Namworld: But at the size of what I do, it should be considered hobbyist work. I'm working with small sums
mircea_popescu: Namworld i think the girl sums it up good : https://bitcointalk.org/index.php?topic=140484.msg1500250#msg1500250
mircea_popescu: i think actually a good way to regard manager's position is to look at added value
Namworld: Where I'd get a smaller cut
Namworld: Although I could always manage funds on another basis than a loan
mircea_popescu: they did I personally insure and there's no cap.
mircea_popescu: Namworld if they did, I personally insure this thing, but it never takes more than 100 btc
Namworld: If they had a cap higher than 0 for pirate stuff I don't quite see why they'd deserve holding even a bitcent...
mjr_: yeah i get you
Namworld: I'm not sure I want to manage more funds...
Namworld: Other than I kept stocks collateral on GLBSE for the loan.