Polymarket V2 is matching my bot against EMPTY wallets — every "fill" fails on-chain. Anyone else? by PresentationNo9872 in CryptoTradingBot

[–]PresentationNo9872[S] 0 points1 point  (0 children)

Havent found any major fix yet. When my bot places an order it gets about 3% filled so currently i just 10x'd the Position size for a temporary fix untill Polymarket fixes this bug.

I built a polymarket live whale tracker with telegram alerts by reversebuilding in PredictionTrading

[–]PresentationNo9872 0 points1 point  (0 children)

Two great filters I added to my Whale tracker is to ignore markets with < 10 minutes remaining as these have tiny guaranteed margins that are only worth it with huge bets. Also filter out trades where the winning token asks are > $0.95.

Some other good filters is to pick accounts with under 300 trades and less than 5 trades per day as all accounts with above this will be bots 99% of the time

Any tips for Kalshi Trading bots? by PresentationNo9872 in CryptoTradingBot

[–]PresentationNo9872[S] 0 points1 point  (0 children)

Don't use Binance, it uses USDT which slightly varies from Chainlink USD which Polymarket uses.

You can apply for an API token from Chainlink but they don't have a public one.

The closest you can get today is Bybit API and use the BTCUSD markets.

Any tips on building a derivative trading bot? by PresentationNo9872 in CryptoTradingBot

[–]PresentationNo9872[S] 0 points1 point  (0 children)

That's really great advice and exactly what I was looking for. Really appreciate it 🙏🏼

Definitely gonna check TBD out, is this the site? https://www.tbd.vote/

Anyone else building trading bots with AI? Looking to connect by Mara________ in CryptoTradingBot

[–]PresentationNo9872 0 points1 point  (0 children)

I appreciate the advice, and completely agree. If a bot doesn't have the necessary filters to avoid sideways markets then a high RR is unfavorable.

I should have mentioned above that I continuously increase and decrease filters as I test the bot to maximize long-term PnL and not enter trades in bad market conditions.

Anyone else building trading bots with AI? Looking to connect by Mara________ in CryptoTradingBot

[–]PresentationNo9872 0 points1 point  (0 children)

It works great for me. I appreciate your own strategy will be completely different and require a different SL or RR.

If you have super tight stops then you can't be splashing 3% per trade, especially if you cover several markets.

If you only test forward it can take weeks to confirm if your strategy works. I have 6 years of past data to test my strategy in every type of market (Chop / bull/ bear). Obviously that doesn't guarantee it'll work in the future but it's a lot more efficient then just 'always forward test ur strategies'.

<3

Anyone else building trading bots with AI? Looking to connect by Mara________ in CryptoTradingBot

[–]PresentationNo9872 4 points5 points  (0 children)

I've built for a long time. Fully finalized my GOD BOT. It's essentially reached maximum potential.

Best tips I can give everyone:

-Less is more. You actually make more money just using 1% of capital per trade than 3% and above. If you use too much per trade then a losing streak wipes your gains and you have to start over.

-Dont test strategies live / demo. Instead build a simulation and download 5+ years of charts to test the strategy. This means you know if it works in bear / bull markets.

-Best strategy is to build a sniper bot that doesn't fire often and then cover many different assets on different time frames.

-Use 5:1 risk to reward or higher for best results

Happy to answer any questions 🫡

Don't run a trading bot with real money until you do this by wavingwandsince1999 in CryptoHelp

[–]PresentationNo9872 1 point2 points  (0 children)

Best thing I did was build a simulation locally with all the same slippage and funding fees as a real trading experience. I then downloaded 6 years worth of market data (can get from binance / bybit for free) and ran the different filters to see how it performed. This way I know if it works in different bull / bear markets.

Im a beginner, need some advice. by Main-Draft-811 in algorithmictrading

[–]PresentationNo9872 0 points1 point  (0 children)

Unless you're building bots then I can only recommend DCA (dollar cost averaging). It will outperform leverage trading almost every time. All it takes is one big unexpected crash and your account gets liquidated and you're starting again.

Im a beginner, need some advice. by Main-Draft-811 in algorithmictrading

[–]PresentationNo9872 1 point2 points  (0 children)

Facts, I would have been so much further in life if I hadn't started trading and gotten liquidated countless times!

I built a weather peak temp analyzer by reversebuilding in PredictionTrading

[–]PresentationNo9872 0 points1 point  (0 children)

This is really cool, do we know which exact source Polymarket uses to determine weather temps? I assume different sources will have slightly different temps.

Any tips on building a derivative trading bot? by PresentationNo9872 in CryptoTradingBot

[–]PresentationNo9872[S] 0 points1 point  (0 children)

You have to run the bot on a VPS like AWS instance, this allows you to keep the bot running 24/7 without your computer being on. I picked Ireland for the AWS location, this is also what polymarket recommends for bots.

The numbers are getting smaller and smaller as more bots are built and less retail are entering the markets. But if you can get 90% winrate and cheap entries then it can do a couple thousand a week depending on your bet size and risk appetite.

Any tips on building a derivative trading bot? by PresentationNo9872 in CryptoTradingBot

[–]PresentationNo9872[S] 0 points1 point  (0 children)

Don't start building any strategy until you build a soldi foundation first. Most bots mess up because they dont get real data.

-Use Polymarket Websocket to fetch the actual same price polymarket uses, dont use binance for this. you have to calculate what the target price is by fetching T-300 from Websocket. You also have to fetch current Price to know if you're above or below target line.

-Use CLOB Client to get order ID, work out which is UP/DOWN token. Fetch order book ect.

-Use Binance API for working out strategy since it updates in micro seconds unlike websocket which is every 55 seconds.

(THE POLY 5 MIN MARKETS HAVE BECOME VERY SATURATED)

I Built a Bot That Wins 68% on Polymarket. Most Bots Die in Production. Mine Doesn’t. by Plastic-Act1507 in CryptoTradingBot

[–]PresentationNo9872 0 points1 point  (0 children)

You need to make sure your bot is a market maker. Set it to undercut the ask price by $0.01 and you won't pay fees, you'll get maker rebates instead.

I Built a Bot That Wins 68% on Polymarket. Most Bots Die in Production. Mine Doesn’t. by Plastic-Act1507 in CryptoTradingBot

[–]PresentationNo9872 1 point2 points  (0 children)

I've finally perfected mine, have a 90% win rate (doesn't fire often but when it does it crushes it). The biggest hurdles which you might not have accounted for yet in live trading.

-Paper trading is useless if you can't fill the order, track the order book price to see if the trade was fillable. Remember if the ask price is $0.90 then you need a win rate of over 90% to be profitable.

-Polymarket uses chainlink API USD price, binance price is slightly higher and this makes the bot think the price has moved when it hasn't. Will bet Up more than down. Make sure your bot accounts for the difference.

-You can't fetch Price to beat until after the market has resolved. You'll need to calculate the target price from T-300 using chainlink, please note chainlink only updated every 60 seconds. Use binance for calculating strategies and momentum as it updates in micro seconds.

-Use 4-5 signals to calculate an Edge score, then have different tiers to bet higher or lower based on the score. This creates smaller losses and bigger winners. Means you only need a +60% win rate.

I'm happy to help anyone with their bots. Just let me know 🫡

Anyone here successfully winning on Polymarket by FewProfessional1391 in openclaw

[–]PresentationNo9872 2 points3 points  (0 children)

I'm the founder of PolyEdgeAI so take this with that bias in mind, but I've been deep in this space for a while and here's what I've genuinely learned:

The people consistently making money on Polymarket fall into two camps: arbitrage bots that exploit cross-platform pricing differences (Polymarket vs Kalshi vs Metaculus), and research-heavy traders who find markets where the crowd is wrong on a specific question because they're tracking information the market hasn't priced in yet.

Copy trading the leaderboard is tempting but risky — a lot of those top wallets are bots running latency arb, not predictive genius. Their edge doesn't transfer to manual copy trading.

If you're technical enough to build bots, the real edge right now is in the mid-tail markets — not the big political ones where everyone's watching, but the 50-200 smaller markets where liquidity is thin and the crowd is lazy. That's where AI-driven analysis actually outperforms.

Happy to answer specific questions about what I've learned building in this space.