Same experience here, several years ago. I'd love to know how professionals manage to avoid problems with transaction fees. I guess it is just taken into account during prediction, but it does seem to limit the number of tentative transactions you can make, even if you cancel them.
It's actually fairly simple: basically change the metric of a trade worth taking from "one with expected profit > 0" to "one with expected profit > expected fee". It does limit the number of potential profitable trades, and hence fees are sometimes used as a way for exchanges to reduce trading volume. Or to divert it; some Chinese (non-bitcoin) exchanges for instance charge greater fees for intraday trading, to discourage speculation.
Folks, is this really deserving the downvotes it receives? Parent is merely querying on his assumptions. Please, let's try to be kinder on these types of well meant and non-hostile comments.
