About as much as I am willing to say is that it does not just look at the underlying.
Ok, thanks for saving me the time of reading the rest of this thread. Good luck.
About as much as I am willing to say is that it does not just look at the underlying.
Congratulations on your success! Can you discuss the process of building an AI system and the knowledgbase/platform/coding/tools etc it required or you depended on to develop? And how did it get to the point of running on 'r5.8Xlarge boxes'(?) on AWS?
Am also curious what kind of leverage you are applying have to make your returns, relative capital swings, how many trades you're making a day per instrument etc. Are you 'picking up pennies in front of a steam roller' or effectively maximizing larger intraday (or multiday?) market swings, etc?
Do an export of your algorithm's live trades and let us judge. Otherwise I think we'll just have to assume this is larping.
Do an export of your algorithm's live trades and let us judge. Otherwise I think we'll just have to assume this is larping.
Judge what?
Don't get me wrong I 100% wish I was in this guys shoes. But these numbers don't seem that crazy. He generated sub 20k one month on the day trading part using an 800k account. Sure, I realize some of that was tied up in swing trading.... but swing trading micro's with that kind of account balance adds an even bigger edge to being able to survive the debit phase and end of in the credit side. So, that's almost a net neutral factor, outside of tying up some of the capital.
Not saying he is or isn't doing these numbers, just saying they don't seem anything close to crazy. Think about it that's averaging less than $1k a day on the day trading part, judging by your post and results, I imagine you could / you already do that easily. Maybe the impressive or questionable part is that it's 100% fully automated and runs itself with no down time?