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He might get in the big way. Like joining BitFinex or trying to form his own. :D he ain’t buying BTC or dodge

why not when cryptos have their own Fed, aka BitFinex that prints Tethers :D

It will crush, the only question is when. We could be in nivanna for a long time. Why fight it, enjoy it. Never been this easy. When the music stops it will get ugly in a hurry (margin call movie).

makes sense. Thanks a lot for explaining. Our algos trade based on intra day price movements, and that is why it is very important for us for actual to relate to the model.

than, what do you really model/trade? If reality has nothing to do with the model.

We all are in Alice the wonder land. Where TESLA is valued more than all profitable car companies combined, dodge coin market cap was like 100 billion and etc. Just trade what you see and run when you need. The only prediction is that we all will pay a very dear price for this madness. When...

why is it so? Was very curious when I saw this in your post.

yeah, it is not small. Our cost of business includes commissions and slippage. The idea to never miss a valid trade. That is why fully automated works great for us.

Email might be too late. I coded sms. Same here we rarely get involved.

unattended means you set and forget. What happens when you loose market data, stop loss does not get set, stop loss gets set in incorrect spot, you get overfilled on exit, cable to data center gets cut (my favourite one) and etc???? This is what I mean. I coded for all of the above, it did take...

what happens when tech issue takes place and you rock climbing? Example, you place a trade and stop does not get submitted. My motto is fully automated does not mean unattended.

discretionary has lots of dangers, main missing a trade. Algo never misses a trade, no emotions. We are 100 automated.

That is how we did it initially. Then had to make backtest engine more robust.

trading and back testing platforms are 2 different animals. But I agree, try to utilise as much as possible of things that already exist, no need to reinvent the wheel.

Building one, I can confirm it is a big undertaking, but building on top of existing framework (ninja in our case) helped a lot.

Me too. We used existing platform NinjaTrader and wrote our own backtesting engine.

just load NinjaTrader and use market replay. Best way to code and test initially.

You you look at dodge recent move to 70c we Already in a different galaxy, just apply logarithmic scale.

I admire Musk for his vision And persistence, but Tesla only able to survive sucked on gov credits. Tesla at one point was valued more than all other car companies combined and could not even make a profit without credits. It is still the most valuable car company with no money made from making...

different companies but same very reliable tech. They are so close to each other that who knows they might be under same big umbrella.