Don't give up your day job.
[Beginner] Is there free data feed?
- Thread starter jk90029
- Start date
Don't give up your day job.
I think it's a great deal. I use it with Amibroker but you can also run it with almost anything. If it's not a supported software then API subscription is required.
I look at it this way. I can go in to work for a couple of hours on Saturday to cover the data fees and save the data headaches to the data vendors. Customer service is great and quick.
I just consider it cost of business. I could drive myself nuts if I thought of the money I waste on food and beer but got to live life a little
If you are seriously saying "I need income from job, to pay for the $1500Y", then better to stop trading any more.
Those who are worry about $200K for 50 years, can make (expect to make) the $200K at least at the (zero-sum) stock market.
It's a saying. It means you're lacking the capability to become a trader and you should better stick to what you do now for money. The fact you couldn't figure this out on your just confirms the recommendation.
Completely wrong. You start to trade and can stop anytime. You don't have to wait 50 years. You can pay for 1 year and stop. So your investment in datafeed is not 200K but less than 2K. If you cannot pay that from your profits you should stop.
Of course, any trader can stop as soon as his balance or cash goes down.
Most trader does NOT stop gambling until he ruins, like casino Baccharat.
For example, if you can stop after winning 100K and expense like the above data feed, then you might be one of a few person to do that.
Furthermore, if I heard correctly, there was a long-term inflation with annual 3% in average after 1913 FRB.
So most trader should annual 3% winning to follow the inflation (practically even).
But $1500 per year is different to each individual traders.
I mean trader with initial seed of 1500*100=0.15M pays 1% but 1.5M trader pay 0.01% and 15K trader pay 10%.
So most trader should annual 3% winning to follow the inflation (practically even).
But $1500 per year is different to each individual traders.
I mean trader with initial seed of 1500*100=0.15M pays 1% but 1.5M trader pay 0.01% and 15K trader pay 10%.
Fortunately, my personal logic deals with roughly 300 equities and does NOT require 1-min feed (possibly 5-min or even 15-min might be OK.)
Of course, logic selection is NOT by avoiding few dollars per month.
Therefor the title in OP should be changed to "free 5-min or 15-min feed".
So far, best 15-min free feed is by R and quantmod for me, as below.
Appreciated if there is alternative way to do the same job, like free 5-min feed.
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install.packages("quantmod")
library(quantmod)
getSymbols("MSFT", from ="1990-01-01", to="2014-08-28")
head(MSFT)
tail(MSFT)
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