>spend 500 hours working on trading bot >backtests a very good >big trade the other night makes 1k >feelsgoodman >last night U.S. market is super choppy and my bot gets chopped up, loses whole 1k profit >choppiness due to george bush senior closing down the market
fuck you, george, you stupid motherfucker. If it wasn't for you I wouldn't have been chopped up so bad last night. Fuck you in the stupid fucking grave. Burn in hell motherfucker.
>learn python >learn about statistics and probability >learn how to make efficient algorithms >learn how to acquire data in real time
there goes your bot, perhaps you might lose a ton before you make a decent hit on your algorithm
James Ortiz
>you might lose a ton before you make a decent hit this. it's just the tuition if you wanna learn trading.
Jordan Carter
What logic is your bot doing that's so hard to just trade yourself? I found the most important work was pulling data and sort. Just dump to Excel and pick trades out its 5 minutes to make the actual trades. Or is your bot making millions of superfast trades or some shit? Lol at fees 8.99 a trade like me
Jacob Smith
why make a bot when you can just run regressions in R and see if the results make any economic sense yourself. Probably make less costly mistakes.
Jack Foster
nobody uses a bot unless it's for HFT else they're retarded with a lot of money to waste
Jordan Rivera
you could be running a portfolio of weighted strategies you could be trading on very short term order book dynamics you could be doing arbitrage etc
you'll still be looking at charts in R or whatever, but some things can't be done manually
Josiah Kelly
not only HFT say you're listening for a kind of event, where a set of prices deviate from some statistical relationship, and you want to act immediately upon that event are you going to stay glued at the screen all day?
ITT: retarded NEETs think that they compete against literally the smartest people in the world with their shitty notepad++ bots
Samuel Myers
reverse
Carson Robinson
r-project.org/ >R is a free software environment for statistical computing and graphics.
Nathan Nelson
>t, brainlet There are a lot of strategies that work great for a NEET happy to make 6-7 figures a year that won't work for multi-billion dollar whale hedge funds because of their size
>notepad++ that's my favorite language as well user
Dominic Wood
Not even a GED lmao you can become a programming equivalent to a 4 year bachelor degree from googling lmao
Brandon Phillips
thank you. Scary to see the level of smarts I am competing against, but I still think it's good side hobby. Still the bgig picture is - we are all in the same retail investor boat against funds.
Hudson Baker
provided you have a 120+ IQ. I've tried to help people learn programming and some people will just never be able to go beyond the basics, their brains just aren't capable of the abstraction. Most get stuck on nested loops and recursion
Like 2/3rds of American adults aren't capable of basic algebra, programming is far beyond them
Real talk: if you want to learn solid programs read an intro to programming + algorithms book, I humbly suggest this: introcs.cs.princeton.edu/java/home/ It assumes you know HS math. After that you could either try your luck with learning another langue + API (sentdex has a nice series on python for this) Or you could go a bit more theoretical, get a decent background of: calculus, linear algebra and discrete mathematics. And you should be good enough to tackle heavyweight books like CLRS. After that you be alright to apply your demigod algorithmically knowledge to finance, biostats, or wherever you see fit.
Austin James
Whatever youll make it back nerd.
Owen Anderson
Read Karl Poppers works and try to falsify your algorithm. This way, you will get better.
Kevin Cooper
and a dolla fifty in late chaages at the public library
I also developed algorithmic trading, and fortunately I had read Karl Popper at that time. It helped me a lot, to find weaknesses in my approaches - and I'm thankful of this. Hope it also helps you!
Cooper Murphy
So you were successful with a profitable bot? Mine is based on moving average crossovers which is very profitable except when the market is very sideways and choppy. Trying to figure out how to make it not trade in these cases. Currently looking at using volatility indicators such as ATR and StdDev, and probably some price action logic. But really I just want to get a neural network hooked up so it can figure this out for me.
Xavier Butler
Silicon valley coders 75% are foreign :D asian + european
>literally 95iq humanities freshman students know what R is
Austin Moore
In my opinion, I was successfull, but it's actually hard to tell. I developed several systems, but the most important thing was really to systematically test. It is really important to not just test historic data. My works on neural networks showed me, how to test things properly. You need to split your dataset to "learning" and "testing" data. Learning data is to optimize your parameters, your testing data is blind-testing this optimizations on data, which are completely new for your algo+params. Don't do the mistake to only rely on historic data. They can show earnings like > 100% per month, but in real, these are just overoptimized results and don't work. It's hard to falsify your own hard work, but at least it helps not to loose money.
After months of works, I figured out I'm far better at trading manually than by my bots. I'm less anxious, figuring out, why my neural-network bot has decided to buy or sell. Thats why I'm currently not using any bots for trading.
I'm no scientist or some mathematician. I just develop software for fun. Hope it helps!
Robert Long
take the pill >your trading bot sucks if it lost to a dead guy
John Torres
these are the words of someone with a 90 IQ trying to sound smart. it's clear you have no idea what you're talking about
Luke Miller
>create shitty bot >it doesn't work >blame innocent old man who just recently passed away
Sad!
Luis Bell
Good info thanks fren. I'm making a bot since I can't/don't want to be day trading all day. I test my bot on multiple samples from the past two years and for the past 6 months it has shown ~5000% gains with a max drawdown of 20% or so. My only fear is it is too optimized for this time period, but I'm building it for the current volatile market.
Xavier Ross
It's a shit bot
Dylan Baker
R is a computer language like Javascript, C, C++, Python etc. Programmers use computer languages to make a computer do what they want. Like "be an iphone" or "be a videogame".
listen kid, you can keep the prices of GPU's up all you want, but crypto is an industry completely dominated by super computers (spoiler, you don't own one and never will because you can't buy them and never will be able to afford to craft one/pay people to do it)
even at that, BTC was never intended to be anything more than a ponze scheme backed by money laundering and greed- and now crypto is just a giant shitstorm of retardation that you are 1 trillion times better off avoiding in order to learn about REAL markets.