Hi Ngin ,
   We are still working out the mechanics of altcoins, but I feel that it would make sense if each currency pair had a pool of currency allotted to it and that it would trade that way. I'm not saying that's how it's going to work, it just seems intuitive to me; thoughts?

Pablo.

Hi Butch ,
   Butter has it's own back testing engine; please feel free to download a demo and give it a try.

Don't hesitate to let me know if you need anything at all .

Pablo.

Please prioritize ALT-COINS over Hosted trading?

Litecoin is TAKING OFF already... it might be too late soon..

Seems logical. Will the bot also be taking into consideration the curves associated with BTC/LTC, etc in addition to LTC/USD? Maybe sometimes it would be cheaper to buy LTC with BTC than USD, and vice versa, I don't know. Either way, I'd want to be able to set limits on how much USD &/or BTC the bot could spend on LTC.

But that amount I set would have to allow for gains due to the bot trading LTC, too.
For example if I say to the bot don't spend more than $100 USD, or 0.3 BTC, and by trading that amount it earns $165 USD, or 1.6 BTC, it should be able to trade with all that it has earned, and not be limited by my settings anymore. See what I mean? How can you do that?

Ngin,
   I see what you're saying. I will forward your comments over to the developer and we will see what we can come up with. I imagine the first release of altcoins will use a simpler system to allot funds for trading than we are currently discussing, but I think you have some good points for more advanced development and work flow.

I'd be interested to know if you have any other suggestions for how you would like this to be handled?

Pablo.

All I can think of now is for there to be a way for it to seperate seed funds from capital gains. I'll chime in with more ideas as they come to me.

I mentioned something like that to Pablo in private a few days ago. A sort of Butter BookKeeper. (Simple Accounting)

I think if Pablo's team could work out a way to employ entirely different strategies within one account, then the losses in one strategy can be offset by the win's of another. A crop of the best, settings, working side by side to make some profit.

It's an alternative to a "one strategy fits all". I don't know what came out of it or if he found anything useful in the ideas I presented. But hopefully it inspires some future version. (Considering they are moving to a hosted solution, it just puts a little more money in their pocket if they can sell a wider array of techniques.)

I just hope they consider that most accounts on exchanges need to be KYC verified so it makes it impractical to run multiple accounts with each one having different strategies. With a little simple book keeping you could probably eliminate that problem by keeping numerical tabs on trades being conducted. Even if there is one pool of "seed" funds, it can conceivably be sub-divided. Each subdivision of seed funds inside one account can then be accounted for.

Since any USD from a single account pool is perfectly interchangeable with any other USD from anothe rinstance there wouldn't be a problem as long as the book keeper keeps numerical tabs so it doesn't overdraw seed funds between instances. Same is true for BTC within one account. The only thing distinguishing one BTC from another is just the book keeper.

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If you analyze the market carefully you can pick out people using bots to trade with and these bots run on fixed settings. (Heck, you can even use the bots trades to your advantage! (I made a few K today and yesterday just identifying them)

If butter could be retooled for various parallel strategies (even if it is EMA based) it might prove to be a bit more profitable. I am currently trying it out myself to see how it handles.

Like so?

BUMP

And in this market by just holding on the coins you would have made more, still not the bot's fault.