I decided I would slowly get into trading my BTC and Alt coins to get some profit, so I came up with this excel to help me buy/sell coins depending on the profit I want to make when the market is going up/down. Can you all provide (@peter, @john) your feedback on this excel? Are my assumptions/calculations correct?
Here is how it works:
For example, if I bought 24.99 ICX coins at 0.00052 BTC and I can see the market is going up then in order for me to get 2% profit from the excel calculation I would have to put in an sell order for 24.5041 ICX at 0.0005304 BTC which will yield me 0.4896 ICX profit
Another example, when the market is going down: I sold 0.1 BTC at $9000, now in order for me to get a 2% profit from the excel calculation I would have to put in a buy order for 0.1020 BTC coins at $8820 which will yield me 0.0020 BTC Profit