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Can a Successful Bot be made?

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Postby nils2000 » Tue Jun 26, 2012 4:15 pm

Hi Everybody

I have been trying to create a successful scalping bot for horse racing, with no luck so far.

I was wondering if anybody has made a successful bot and making long term or short term gains from it?

I was just curious to know if it was possible to create one. Or should I just continue focusing on manual scalp trading?

Thank you for your reply's in advance

Kind Regards

Nilesh

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Postby Euler » Tue Jun 26, 2012 9:02 pm

It is possible but people often try and focus on creating some global general winning strategy rather than specialising. The former is probably the hardest thing to create.

Outside of that why not create something to supplement your manual trading?

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Postby nils2000 » Thu Jun 28, 2012 10:38 pm

Hi

Thank you for your reply. I will look into specialising into a specific market. Maybe horse racing is not the market to be automated for me.
I think creating something to help me with my trading could be a benefit, will start to look further into it.

Thank you

Kind Regards

Nilesh

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Postby Photon » Thu Jun 28, 2012 10:49 pm

I've tried automation on horse racing for some time but it hasn't been overall successful. As far as I have experienced there are two things that prevent:

1) I use excel for automation but because of slight delay in bets being fired from spreadsheet and being placed in BF means that its automatically at disadvantage

2) My automation is time triggered but UK and Ireland horse races have the least respect to time means that what you can do in person is practically impossible to automate by way of timed automation

Finding solutions to these two obstacles will help you greatly. But don't forget even if you loose through automation it might give you a good insight as to why this is happening.

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