How do I get started with algo trading?I have some basic programming and scripting skills, and a basic understanding of the stock market.
>>61951470You don't. You aren't smart enough
>>61951472And you are?
>>61951477No but at least I know I'm not
>>61951479What if we're both smart enough and you just have low self-esteem?
>>61951470Start with reading Successful Algorithmic trading and then Advanced Algorithmic trading by Michael L Halls-Moore There is also the algo-trading discord, you can find the link if you look for the previous algo trading threads in archives
Don't get memed into fighting with billion dollar nanosecond operations, Python is all you needLog everything you can think of and then struggle to think of even more things to log. Sometimes core assumptions will be found to be opposite of reality. Pic related improved and allowed me to cut a bunch of code when I noticed volatility has the opposite effect I initially thoughtVibecoding probably won't be able to help (other than iterative work on your own ideas) for the same reason that if you ask an LLM to generate a list it will be nearly identical to the millions of other requests that vaguely map onto the same topic or ideasUse fractional Kelly to decide how much money to put into each trade. Other systems are inferior. Keeping a static stake size is also a mistakeHave fun with it to keep yourself motivated so you can look at data and code for hours. I'm building a library of sounds from games I used to play. I use these for various kinds of alerts and status signaling. I also give each strategy a cool name and icon, like it's a spell from a video game or something>>61951472This is wrong, I'm retardThat's all I can think of for now
>>61951715Position sizing is also a source of extra edge, and fun to play with
>>61951470BumpIs there a hello world example even if it has no edge just to understand what it could look like?
>>61951715It's nice to see another anon using the same method to make programming more fun while also increasing his morale (see pic) and comfy levels. I use sounds for notifications and the visual assets (GUI, icons, all that stuff) wherever I can.
I'm working on a simple DCA bot with Python just to get started. Before I have it make trades, I'll run it with paper money but using real market data to see how well it performs.
>>61952120Awesome, I have some HoMM3 stuff
>>61951484I did not realize I'd have to start with $10k>>61951715>$681 profit from <%5 win rateIs this entirely from options contracts? >I also give each strategy a cool name and icon, like it's a spell from a video game or somethingwhat are they called?
>>61951715Are you trading this live? A lot of this smells off. And any variant of Kelly is a spook, imo.
Waste of time. The gsme is won with money. Youre competing with people that buy data centers next to the exchange on top of having the best algorithms.
>>61953472Modern brokers don't require as much, most don't really require anything. Also seconding the algo-trading discord
>>61953472>>61953681It's live. Crypto up/down binary outcome markets on polymarket. For this strategy I expect almost all trades to fail but make it back plus extras as long as I don't size too much for the bankroll. Most people can't psychologically handle high variance (look at the 89 loss streak record) so it's a low hanging fruit imho>>61953707Algo trading encompasses so much more thanm nanosecond market making, come on now
>>61953472I dont think $10k is really a hard requirement, especially because you can already start now with "paper trading" where you just simulate and use fake money until you feel like you actually understand thingsHowever if you want to live full time, at least according to Ernest P Chan, whom I disagree on a lot of things about says $100k to live off the earnings
>>61953808There might be a way but i dont believe in this hands off stuff. Like when something is mooning you can turn on a grid bot maybe.
>>61953820How has your work been coming along, old friend?
>>61953808>Its liveThat's awesome then, good job. I've been working on some tradfi equity options stuff, paper trading this one and up 13% since February 27th (ignore Alpaca saying -3%, it's charting is retarded)
>>61953808Let me guess, you’re betting on undervalued, mispriced 1% probs? I have the same strategy, just haven’t deployed it yet. Polymarket is full of bots now and there’s almost no human trading anymore. But at the beginning man, it was heaven. anyway my new algo, tomorrow is deployment day so finger cross.. hopefully the fun will last for couple more months. I had good algos in the november/december but the alphas are lost now.. shame.
>>61954021>alphas are lost nowWhat were they about, roughly? I found a great arb strategy that absolutely killed for two days and then just can't get a lot of trades any more. Today it's triggered two times total.But part of the fun is trying to build a portfolio of strategies. Once built they only cost some cpu cycles and it's ok if they individually only make a few bucks a day. To me that's a much more exciting idea that finding a single really good one. But I'm risk averse and probably have the collector's gene. I have like 60 stocks and 15 etfs in my brokerage as well
>>61953854I responded to your last message when you asked where I was at on the same day, I think I explained what I am up to there But tl;Dr: prototype test has ended, I am currently figuring out a GUI, and also thinking a lot about architecture, I have some cool ideas.. Also just finished trading on sentiment, which I thought was a good read, not super happy with their proofs and some assumptions but it is what it is
>>61953854Gotta say this is beautiful, glad to see you focusing on this, in between gang wars
>>61954123>>61954021>Let me guess, you’re betting on undervalued, mispriced 1% probs?And yes. 1-6% and undervalued according to my criteriaGood luck with your strategy tomorrow. Poost updates
Good luck competing with 500iq nerds on wall street with trillions backing them.
>>61954123Yeah arbitrages between kalshi and poly were nice, you could find 10-20% edges on some events basically every day. On the crypto I had miss pricing models with I used for mm and normal trading too but that is dead now no edge anymore and if there is some the fees kill all profit. strategy
>>61954151lol yeah I ghosted myself out of shame for drunk-slop posting lmao, I'll pop back in soon. I'm amidst a huge refactor so trying to focus hard right now and ideally go live EOM. That's dank you're progressing though. >trading on sentiment, which I thought was a good readWhat is it, a book?>>61954165Thanks! Having Claude help me debug the UI right now, just something relaxing to do given I'm braindead today. I think I'm going to do some discretionary options spreads trading for awhile to get more intuition there.>>61954221>trillions backing themThat's exactly what gives retail a legitimate chance - Wall Street can't afford to chase strategies with low capacity.
>>61954469>What is it a bookYeah it was recommended in a youtube video and I realized I had gotten it from a book bundle from when I was a wee lad
Just read the Dummies book. That's all I did and now I am worth millions.
get a math phd then raise capital to do build up your infrastructure good luck anon i believe in you
>>61951472It’s not as complicated as you think for a small account. OP just needs to accept that momentum/trend following is really the only way for a solo guy if you do it right
