What would be the best approach to creating an automated strategy with zero coding experience? Anything that can work with Lightspeed, NinjaTrader, etc?
Any advice would be greatly appreciated!
Any advice would be greatly appreciated!
How to create an Automated Trading System
- Thread starter Chris Paciello
- Start date
Equities.
Forget it. Seriously, this is the best advice you will receive on this site given you have no programming experience. However, if you have excellent strategy ideas and expertise in micro market dynamics and/or have traded mid/long frequency discretionary strategies and know exactly what works and what does not then you can hire programmers to automate your strategies. Else, you stand zero chance, and I mean zero, not even 1%. Look at different approaches to trade the market if you neither have programming experience nor have made money for several years trading longer frequencies.
rmorse
Sponsor
I'm very familiar with platforms that enable automated strategies for options on equities or futures. For equities, I don't know of any out of the box systems that can help, unless you are looking for a pairs trader. If you would like to email me a simple example of what you are trying to accomplish, I can look through my notes and emails to see if I have spoken to anyone in the past that offers a platform or service at a reasonable price. Nothing comes to mind right now.
Bob
Do you think you can trust automated system. I want to get one but not sure if it worth it.Thanks
What is your typical average holding period?
If more than a week, no need to automate. I could run my system off a spreadsheet. But I'm too lazy to do the trading myself.
If less than a week, are you convinced you make money after costs/slippage trading that quickly?
Hi, i found the following articles useful on becoming an algorithmic trader: http://www.quantsavvy.com/learn-algo.html
They're not really 'articles' are they, its an advert for a trading system. The account curve shown is for simulated, not real, results; although this isn't clear from reading the page. This in itself is a big red flag.
Take a look at quantopian.com they are a Python based development environment that allows you to develop, backtest and run a trading system. They execute trades via InteractiveBrokers. You could clone a 'good' trading system from many public systems and then learn how to program over a year or so.
There are several Python programming classes on coursera.com. Quantopian also has several good tutorials on youtube.
Good trading,
There are several Python programming classes on coursera.com. Quantopian also has several good tutorials on youtube.
Good trading,