Since the last tutorial was written, a new version of TraderDaddy has been released with a few additional features. This post will go over all of the steps necessary to enable an account with TraderDaddy, as well as discuss the basics of the newest features: Slow Buy and Slow Sell.
For those of you who haven't already heard, TraderDaddy is completely automated, web-based trading that anyone can use. No download or installation necessary. Once you start using TraderDaddy, say good bye to sleepless nights pouring over charts, worrying about missing out on buying a price dip or selling a price spike: you will literally be trading price dips and spikes while you sleep. It currently works only on Bittrex (Steemit account 
TraderDaddy uses a cost averaging trading strategy with budget sensitive trades. Machine learning is used to continuously learn from trades, market movements, other users, and other trading bots.
A spread of orders are placed on the books, and as those orders are filled, "mirrored" orders that aim for a target of 1% profit are placed. Higher percentage profits are possible, but 1% is the baseline target. In liquidity mode, it will never sell at a loss. As the markets swing down, it catches lower prices and buys get filled. As the markets rise again, mirrored sell orders are filled for profit.
Select quality market you can believe in long-term. Start with just Bitcoin, just altcoins, or a combination of both.
TraderDaddy was created with the intention of generating demand for Rubycoin ($RBY). As such, users must hold 500 $RBY on the exchange in order to be granted access to the trading platform. Once trading is started, the 500 $RBY are automatically placed at a very high price to get them out of the way and are never actually used to trade with.
It's important to go through the FAQ in order to properly understand the basic concepts and ideas behind everything. Using it blindly can sometimes be a frustrating experience, but once you truly understand how it works and why it works, you will also realize that there is no better way to trade.
(Users who had access to the last version of TraderDaddy can reuse their Bittrex accounts, just make new API keys)
Even if you already have an account you use other bots or trade manually on, you should create a new one to use just for TraderDaddy. The reason for this is that any kind of manual interference could affect your profit. Bittrex allows multiple verified accounts, but make sure to open a support ticket to let them know you are opening an account for use with TraderDaddy to prevent confusion on their end.
TraderDaddy works by using the API keys unique to your exchange account. You must enable 2FA (two-factor authentication) before you can generate new API keys. Log into your Bittrex account, click "Setup,” and on the Setup page click "Two-Factor Authentication." From there you will be required to use an authenticator app such as Google Authenticator or Authy to scan the QR code.
After enabling 2FA you will get an email from Bittrex asking you to authorize 2FA. This will take you to a page that looks like this:
Enter the code displayed from your Authenticator app into your Bittrex screen and click the "Enable Two-Factor Authentication" button.
Navigate to the API page on Bittrex, then click "Add New Key."
Its extremely important that you select the proper settings for your key.
DO NOT enable "Withdraw" - DO NOT enable "Trade Market"
As seen in the picture below, only the first 2 options should be selected: "READ INFO" and "TRADE LIMIT"
After selecting those 2 options, put the 2FA code from your app and press "Update Keys." This will display both your Key and your Secret.
DO NOT SHARE THESE WITH ANYONE
After clicking "Register,” enter your email and a secure password
You will then receive an email from TraderDaddy asking you to confirm your account.
You may see the page below, after attempting to log in. If that is the case, please be patient as new users are being added regularly. While you wait for account activation you may join the TraderDaddy & Rubycoin Slack and TraderDaddy IRC channel on Freenode.
Now would be a good time to review the FAQ again, so that you have a clear understanding of how the platform works. It is also important to understand how the budget and market allocations work The percentage for each market is not the amount of your account's total BTC that will go toward that market as a whole, but the maximum percent of available BTC that will be placed on that market's order book at any one time.
The amount of BTC used on each market is based on risk, reward, and opportunity.
First, you must put in your unique API Key and Secret that was generated from your Bittrex account:
After successfully entering your Key and Secret, press the "Update" button and TraderDaddy will navigate you to a page where you can select markets to trade on.
Please note: A minimum of 1 BTC is recommended for TraderDaddy to perform well. Less than that can be used, but it may not be as effective. The more BTC you give it to trade with, the more profit it can make.
Go to Manage and then Trading Markets. Select up to the maximum of 5 markets to provide liquidity towards. Go to Dashboard and then Liquidity (Buy & Sell) where you can see your selected markets, adjust budget per market, and view account stats. It is not necessary to turn TraderDaddy off to adjust the percentages between your selected markets.
As you can see in the picture below, TraderDaddy cannot be enabled until it detects 500 $RBY in your account.
Select up to 5 markets for trading. It is recommended to avoid changing markets too frequently, as TraderDaddy needs time with a market to build up liquidity and learn more about the market to make better decisions. Pick markets you believe in long-term, and stick with them to build up many different positions in the order book.
If a market is deselected, TraderDaddy will continue to place matching mirror orders. There is nothing you need to do manually in your Bittrex account. Let TraderDaddy take care of it!
There are two new features included in the latest version: Slow Buy and Slow Sell. You are still limited to a total of 5 selected markets per TraderDaddy account, due to the maximum open order limit set in place by Bittrex. This includes any markets set to Slow Buy or Slow Sell. Each of these new features comes with their own dashboard to monitor activity. The Slow Buy dashboard will display any active as well as previous markets selected and includes the total number bought as well as your break-even price. When trading using these modes, TraderDaddy doesn't know what your break-even is.
Designed to give users an easy way to maximize profit when selling. TraderDaddy will place sell orders based on the overall value of your holdings and current market price.
Otherwise known as the "accumulation" feature. Designed to provide an easy way to slowly buy over different price points. When Slow Buy is enabled, TraderDaddy will begin buying the coin at the best possible rates based on current market conditions, and will not sell until you tell it to. When enabling Slow Buy on a market, a budget percent must be set for TraderDaddy to use. This means that you must tell TraderDaddy what percentage of your BTC holdings you want to put towards accumulating.
Slow Buy and Liquidity markets "share" your BTC budget. For example, if I wanted to slowly accumulate $RBY RubyCoin but still give TraderDaddy enough of my BTC holdings to properly trade on my 4 active liquidity markets, I would set the Slow Buy percentage to somewhere between 5%-15%. This leaves 85%-95% of my overall BTC to continue to be used as liquidity, generating profit.
