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  1. F

    Algo trading set up

    Your manual trading doesn't run in a datacenter. What's the difference? There's nothing magic about the fact that the computer entered your order instead of your rapid fire mouse finger.
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    Algo trading set up

    At home I have a Dell server running Linux with redundant power supplies and a UPS on each power supply, each plugged into a different circuit. TWS runs on my desktop with a UPS. 1Gbps fiber from AT&T. This setup is dramatically cheaper than a cloud based server. It pays for itself in just a...
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    Algo trading set up

    "Using a server" is too vague. What do you mean exactly?
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    Algo trading set up

    This would be great if NinjaTrader magically allowed you to execute the logic and use any possible data. But it's limited.
  5. F

    Crypto and Related

    Crypto strategy: 1) Buy BTC and ETH, 2) Move to personal wallet, 3) Lock your private key in a safe, 4) Ignore it for a decade.
  6. F

    Algo trading set up

    IB is excellent for automated trading. I use Java but Python works if you are a Python guy. Everything is run on my own hardware and software including testing. If you rent a VPS or server then you must be aware that someone else has access to your strategy and results.
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    Trading Limit orders-- utility of placing better than MID-price numbers in order entry

    I've collected test data on this from thousands of trades using an algorithm and software I developed to try and optimize order fills. The punchline is that there is no free lunch. Market makers are way ahead of you. Getting a better price is not nearly as simple as just getting into the...
  8. F

    Java API based trade execution platform

    The TWS API works ok for small amounts of data but it is not designed as a data provider. They state this in the documentation too. It'll fill in a chart or provide a quote. If you want all quotes, bid/ask changes, etc. you just can't get that reliably from IB and should not expect it.
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    Java API based trade execution platform

    Correct. There are different options for communications and you are not required to use the public internet.
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    Java API based trade execution platform

    The FIX protocol is between you and IB, so they are still a bottleneck. If you intend to connect over the public internet then you still must use the TWS gateway as a intermediary to use the FIX protocol. Trades are during regular market hours only. This may be a faster more robust solution...
  11. F

    Java API based trade execution platform

    The IB API isn't providing anywhere near under 1 ms trade executions for me and I have almost the identical setup as you (polygon, IB, Java, Linux, 1 Gbps). You can try directed orders as opposed to SMART routed orders and you would think orders sent straight to NASDAQ would execute faster but...
  12. F

    Some traders statistics about prop firms

    Consistently profitable traders would not be likely to open an account at Myforexfunds.com or similar places. Those numbers probably over represent failed traders.
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    Intraday estimation of daily volume

    This would be quite easy. I'm already pulling data in real-time from polygon.io each day to run my trading algorithms. You could get an indicator starting at 9:31. The indicator would update after each minute and produce a less volatile prediction as each minute went by. If you tell me just...
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    Backtesting best practices

    Your solution to all this is mean and standard deviation. But when it comes to stocks everything correlates to some degree and your math makes the assumption that all events are independent. When market volatility picks up all correlations move towards 1. "back testing" without knowing ahead...
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    Backtesting best practices

    You are basically doing nonlinear regression on a set of data. You hope your resulting function offers some predictive power in the future. But you have no idea how much of the data you used to create the function was noise and how much of it was the signal you are attempting to model...
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    FINRA Uses Deep Learning for Market Manipulation Surveillance

    AI is just pattern matching, not magic. Both a cheater and a profitable trader who is not cheating will each be a glaring outlier. I've designed and trained some neural networks and I can show you academic research dealing with this huge AI problem: Distinguishing between two targets that...
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    Government witch hunt

    Accuracy is hardly the only qualifier for determining information to be insider.
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    The Wormhole Network hacked for over 300 million USD

    The entire defi market might work best if there were businesses that inspected smart contracts and bid on insurance. An insured wormhole or other complex system might gain more confidence and the resulting insurance business would be incentivized to find weaknesses before some guy in his...
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    Government witch hunt

    Correct. They need to investigate fraud without respect to which side of the trade someone is on. Please just let people trade based on what they foresee for a company, but if someone is spewing inaccurate info about a company in an effort to move the stock price then go after them for that alone.
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