Live Training #4 – Crypto Trading Bots

Description

When you trade crypto-currencies, emotions are your biggest enemy.

You can try to convince yourself that you are a perfectly rational person.

But when the market is volatile, like everybody, you are likely to feel fear, or greed, and take bad decisions.

With a trading bot, you can write some code that will execute a specific trading strategy, WITHOUT your emotions getting in the way.

In this live training, we are going to code a trading bot for crypto, using NodeJS.
LIVE EVENT

When is the training?

June 17th, 11pm UTC+8
If you cannot access the live event, you will still be able to access the recording after
PRE-REQUISITES

Skill Set
Node JS and Solidity is a must to know.
EVM based blockchain API libraries like web3 js or ether js is must to know
Any of smart contract development IDEs like hardhat, truffle, embark (preferably hardhat) is good to know.
Knowledge of docker and cloud deployment is nice to have but not a hard requirement.
System requirements
Node JS v12.x x and above
MacOS or any unix-based OS is preferable. (Windows OS is not at all a deal breaker)
16GB RAM, 500GB free disk space, Intel Core i7 Quad-Core, or equivalent
At a minimum, your device must meet or exceed the following specifications:
8GB RAM
250GB free disk space
Intel Core i5 Quad-Core, or equivalent
Linux, macOS (MacBook), Windows 10 Enterprise 10 Enterprise 64-bit, or Windows 10 Pro 64-bit

PART I: BACKGROUND

Arbitrage, Price slippage, flash loan, DEX, DEX aggregators, Liquidity pool, orderbook, AMM, WETH
Reasons to trade using a bot
buy/sell crypto without physically making a transaction
Make the bot available to others for a fee
PART II: INTRODUCTION

How to develop your own trading bot?
Trading bot model
Initial setup and interacting with the cryptocurrency trading APIs like ccxt
Security by Design
PART III: BUILDING A CRYPTO-CURRENCY TRADING BOT IN NODEJS

API level access to the exchange/s
Trading bot model
Architecture
Exchange prices and trading algorithm
Testing
Live deployment
Best practices for crypto currency trading bot, Backtesting
PART IV: DEMO

Order execution crypto bot
receive cryptocurrency price data over websockets, programmatically execute Ethereum orders
IMPORTANT

There is absolutely NO guarantee of gains with the trading bots of this training
Trading bots are risky, and you can lose 100% of your capital with them
Only allocate to your trading bot the money that you can afford to lose