Looking for hosted auto-trading solution

Quote from sigsegvboogman:

I have to agree with Nitro on this one..........

Uh oh, two segvs on the same thread. I didnt think that was possible. :)

-segv
 
I see you want to catch almost all the possibilities of the price that could eventually happen. What happen if it has 10B possibilities?

Even you have a computer program to test all the 9000 cases before placing automatically an order once the condition is satisfied, it will take some time to do so since it has to do each minute or even seconds, unless you have a super computer. Is it possible that the strategy can be refined?
 
Thanks for the StrategyRunner rec. Looks interesting. I'm looking for equities, though.

Are there any similar Server-based solutions people know of?

Thanks again
 
Quote from jswift:

Dear ET Users

I have a trading system that generated 9,500 limit orders per day. Yes, I know it's a lot. I would like to transmit them all to my broker in the evening, and have them "in the market" the following trading day. In a typical day, only 5-6 of the limits are reached so only 5-6 orders actually fill.

I can't send them all to my broker - the broker balked.

So, I'm looking for a hosted auto-trading solution that will
1. Take my orders in the evening (in a text file or the like)
2. Scan the market throughout the following trading day, looking for prices to approach my limits and
3. Transmit orders automatically to my broker when market prices approach my designated limits (i.e. within 10% of the limit).

I'd like this service to be hosted - i.e. in a datacenter, not on my PC.

Can anyone recommend a service like this?

Thanks,
Jswift

This is a really irresponsible way to trade and I am not surprised IB balked at it.
You just end up using up a lot of bandwidth and clogging up the system for everyone else.
Also, you run a great deal of risk of getting killed one day.

You would be doing yourself and everyone else a favour by implementing some filtering to cut out the spurious orders and control your risk a bit better.
 
The implementation of your strategy is so amateurish...
With ** large unnecessary risk ** built-in...
That is casts doubt of the entire enterprise.

You want to enter 9000 orders and leave them unattended...
And have it "hosted" by a 3rd party...
And, of course, a 4th party will finance the whole thing...
And a 5th party will just send you the cheques in the mail... or slide cash under the door.

Go gack to the drawing board...
What you are doing will never work...
It sounds like it was cooked up while on psychedelic drugs.

rm+

:cool: :cool: :cool:
 
Back
Top