Stage 4, day 14:
I got a nice surprise this morning.
A $1000 budget trade plan incorporating the margin trading feature did generate a 4% profit in a 1 second interval.
If that was not good enough, there was still a glitch that made my system sell bitcoins at a $112 price tag. Fortunately for me, that was essentially a market order and it did not have a bad outcome since the market was very liquid.
but I am going to look into why this did happen. It should be very easy to fix.
Beside that, I am about to introduce lock-free structures into my multithreading system design. This is going to be the first time that I will be using lock-gree structures. I am aware that a big chunk of my system reaction time is spent waiting for mutexes. Therefore, I started to read my latest book acquisition on the topic. I must have purchased it sometime last summer... I have been reading it more intensely in the last 2 weeks and doing that is inspiring me good solutions to improve my system performance...
First lock-free structure intro run should happen sometime this morning and this spice up a lot my morning. I'm very excited looking what it will do to my system performance...
Also part of what I have done over the last week-end made me realize something very interesting.
The exchange advertised fee discount schedule shows that if you trade over 10 millions USD value in a month, maker fee becomes 0%. Reaching this 0% fee certainly opens up new opportunities but the goal is so far away from where I am now that this appears unreachable for now...
HOWEVER...
something that I have discover that is not advertised, it is the following:
Fiat only pairs have a different fee discount schedule than all the other pairs.
1. Maker and taker fees are identical.
2. Trading volume required to have access to the 0% fee is 1 Million...
THAT is still a lot of money but it is quite feasible to reach. Therefore reaching a monthly trading volume of 1 Million is going to be my new short-term goal...
I should be able to reach it with all the improvements that I have made. My system trading volume did flirt once or twice with $500,000 this year... A million is only double that amount... I can do it!
I got a nice surprise this morning.
A $1000 budget trade plan incorporating the margin trading feature did generate a 4% profit in a 1 second interval.
If that was not good enough, there was still a glitch that made my system sell bitcoins at a $112 price tag. Fortunately for me, that was essentially a market order and it did not have a bad outcome since the market was very liquid.
but I am going to look into why this did happen. It should be very easy to fix.
Beside that, I am about to introduce lock-free structures into my multithreading system design. This is going to be the first time that I will be using lock-gree structures. I am aware that a big chunk of my system reaction time is spent waiting for mutexes. Therefore, I started to read my latest book acquisition on the topic. I must have purchased it sometime last summer... I have been reading it more intensely in the last 2 weeks and doing that is inspiring me good solutions to improve my system performance...
First lock-free structure intro run should happen sometime this morning and this spice up a lot my morning. I'm very excited looking what it will do to my system performance...
Also part of what I have done over the last week-end made me realize something very interesting.
The exchange advertised fee discount schedule shows that if you trade over 10 millions USD value in a month, maker fee becomes 0%. Reaching this 0% fee certainly opens up new opportunities but the goal is so far away from where I am now that this appears unreachable for now...
HOWEVER...
something that I have discover that is not advertised, it is the following:
Fiat only pairs have a different fee discount schedule than all the other pairs.
1. Maker and taker fees are identical.
2. Trading volume required to have access to the 0% fee is 1 Million...
THAT is still a lot of money but it is quite feasible to reach. Therefore reaching a monthly trading volume of 1 Million is going to be my new short-term goal...
I should be able to reach it with all the improvements that I have made. My system trading volume did flirt once or twice with $500,000 this year... A million is only double that amount... I can do it!
