Search results

All the major US crypto exchanges had 2% of notional value fee no matter if you provide or take. So at 20k BTC it would be $800 round trip. Also to trade across exchanges I would need to create and fund separate wallets. And as you mentioned no leverage, tick size/lot size ridiculously small. I...

Was browsing hall of fame threads and was thinking to myself ... wouldn't it be great if someone made a book out of all this content. Maybe interview old (in)famous posters who by now wouldn't even mind (legally able) to share more insights into their approach to trading. LOTs of work of...

Yeah, if you trade on major exchanges, they will let HFTs screw you. If you trade on smaller ones, they themselves will screw you(or just steal your money). But we are getting there with equities as well ... as commissions approach zero. So soon it will be "fair" across all instruments :)

So the question was in a context - can you automate emotions out of trading? If your system has stops, it will most likely bail out at the back-tested "maximum pain," which to me is pretty "emotional." Discretionary traders can determine, what to algo looks identical situation, to either...

Below is from "GEMS: Vulture" thread. Not trying to prove a point, just came across it in the hall of fame threads and it's beautifully put. I also trade two separate time frames, although I feel that this is a difficult endeavour...For the most part, I try to separate the days in which I am...

I would be surprised if this is the case since hfts are getting (already got) into cryptos.

Why? Why not just wait for the path of least resistance reveal itself. Then look to enter when sentiment is on your side.

I'm not following ... Why you need separate accounts?

Exactly, that's my point. How do I rationally code my system to take this kind of situational awareness into account? It boils down to something like - if price exceeds 3 times ATR, get out. That's a very "emotional" exit even if it is the correct thing to do based on your backtesting. Day...

Thanks. It doesn't look like it can do real time charting though ... 1 min ohlc for example.

Are there any charting software available that one can plug their own data feed to? Basically, I want to get real time feed from some source and have the software build intra-day charts and TnS based on it. Nothing fancy. Obviously, open source would be great.

How do you program your algo to stop you out? Can it tell the difference between fake out spike vs. a real move? Are you telling me that flash crashes are unemotional responses? Can someone give me an example of an algo specifically designed to compete with a manual day trader?

Was watching this video (warning - it's an hour long). Basically, they are building a platform where you can automate your options strategies. Do you guys think it is realistic? Assuming technology works perfectly, would you be able to auto trade your strategy? I kinda feel options require a...

I like his posts, they bring out interesting answers to common problems. Just because someone posts a question, doesn't necessarily mean he/she is looking for answers from others. Sometimes thinking outloud helps.

Work for what? Entertainment, bragging, some extra cash? What you should be asking yourself is - if I dedicate years to get good at this, will it make enough of a difference in my life? IMHO, if it can't be reasonably scaled, it's not worth pursuing. At some point, when you are very good, you...

Nicely put!

Lol. Yeah that has pretty good expectancy, but the theta decay is a bitch :)

What instruments? What styles? What do you mean by advanced?

Can't speak of quality/completeness: https://www.alphavantage.co/ https://jbmarwood.teachable.com/p/marwood-research

Ha this guy just lost 90% of his intended audience. He'll be pitching penny stocks shortly to get some back :) I agree with @Scataphagos, valid message but no practical advice. Talk is cheap, show me how you are doing it. Perhaps in another video.