Quote from: B4zz4 on November 02, 2014, 04:34:35 AM

Quote from: 3r197 on November 01, 2014, 07:14:11 PM

Thanks B4zz4!
I feel a little better now with your response. I can't wait to try and learn how to use a trade bot, but it's going to be a slow process for sure. I've been holding for the sake of POS rewards and missed the opportunity to sell at stop loss window. So hopefully this will be a quick turn around. And hopefully the dev's will double up with a new beta release of KeyOS on top of the trade bot alpha to help break any quick PND. This coin is so undervalued, it's a joke!!

Cheers and thanks for all the beta testing!

Umm... 3r197? "Ceci n'est pas une pipe", to steal a phrase.

I get the uncomfortable feeling that you don't understand what this software is and what it can be expected to do.

Normally when people speak of a "bot" they mean some sort of semi-autonomous software that will place and cancel trades within programmed parameters, all without further human intervention. An "auto trader", if you will. Bots are the frequently irritating little blighters that keep scalping your trades by 1 sat, possibly even before the web portal updates to show your trade placement. You often see a couple of dumb bots chasing each other down sell orders or up buys, 1 sat at a time. Sometimes you'll see several of them all working the same coin, inflating or suppressing its price.

That is categorically not what KeyTrader V2 is or pretends to be.

KeyTrader V2 facilitates - and partially automates - human altcoin trading on specific exchanges. Trading via API is much faster and more convenient than via browser portals and "point and shoot" calculation of spreads is really handy but unlike trade bots, KeyTrader V2 will not autonomously place trades under any circumstance and is not designed to do so. Whether bot functions are added in future is up to the developer.

KeyTrader V2 is a much handier tool than say the 1,000-QTL-enabled Quatloo Trader V2.1.1.6, which does have more expensively-enabled dumb bot capabilities. If you watch coin prices you will have seen the price of QTL crash after a steady build up. It crashed on release of Quatloo Trader V2.2.x.x as people discovered that auto-arbitrage is only profitable if you are the only one who has it. It seems also that people thought having a trade bot would be a license to print money and dumped Quatloo when they found that it was not.

Full disclosure: I have been using Quatloo Trader 2.1.1.6 to facilitate trading in the same manner (albeit less effectively and usefully) as I will be using KeyTrader V2 but I have no use for the auto-trading/arbitrage as provided by the 3-30K QTL-enabled Quatloo Trader functions. From the dump after release it would seem a lot pf previously hopeful people came to a similar conclusion.

So, to paraphrase on KeyTrader V2, ceci n'est pas un bot, it's a really handy trading tool.

And FYI, alpha releases are very raw and primitive versions of software, usually lacking polished interfaces, commonly with stubs in place of yet to be written functions and not expected to be stable. They are the first trials of basically proof of concept software. Beta releases are where you get to testing the nuts and bolts of the software and are often soon followed by production code. After corrections to the calculation functions and a clean-up of the interface (and with any luck adoption of at least some of the suggestions) KeyTrader V2 will likely go into 2^nd-round beta for about a week to give testers a chance to try to break it, following which it will likely go to production if no major bugs are introduced. Please don't go posting anywhere that KeyTrader is in alpha, that would signify work has only just begun rather than being close to completion, as it genuinely appears to be. Wink

Cheers
B4zz4

Thanks for the info. Forgive my noobness to computer tech. Glad to have all your input on the matter. So this thing is going to blow away Quatloo trader! Awesome!