Why aren't you writing a program to trade forex automatically?
Algorithmic Trading
Charles Reyes
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Joshua Moore
Because i dont like wasting time on boring shit
Ryder Scott
Because I can't code, I'm just here because at one point there was techloligy on the board.
Kayden Wright
Oh look, it's this thread again
Eli Morgan
why doing something that already exists and was iterated hundreds of times by lots of highly payed developers?
Jordan Gray
I did but on stocks
Robert Jenkins
Arbitrage? Technical analysis? Tell us your secrets, user...
Kayden Adams
>Why aren't you doing the work of a highly-competent Jew/Chinaman/Korean with graduate degrees in math and finance and access to billions of dollars worth of research compiled by people as qualified as he is?
I'm just not good enough senpai
Sebastian Thomas
i do but im minus 4 thousand so far
Jack Wright
Did you backtest and live trade first?
Dylan Watson
i have come to be of the opinion that there's no way to reliably make money from scalping. only swing trades are reliable which you don't really need a robot for
Evan Cook
Because I don't have a dedicated line to the trading hubs like the big hedge funds do. Their algorhytms are faster because their servers are located in the same building.
Nicholas Campbell
so adjust for latency, stop being a cuck
Eli Young
Technical Analysis. RSI and moving averages are your best friends. Don't dive into penny stocks which are easily manipulated by a few faggots on reddit. Do stocks that have lots of volume and activity. Probabilities will hand you profits. You are conspiring with the universe to make you rich.
Wyatt Baker
We had this shit thread this week you nigger
David Lewis
OP may be a nigger but he's not a faggot like u
Jordan Jackson
existing algorithms already suck out any potential profits from scalping. you need to go long term
Tyler Gutierrez
Cuz an access to an API is 5k a month.
Needing to make at least 5001 every month to be in the green, good luck.
Landon Mitchell
Say what, friend? TradingdongView strategies will connect directly to a handful of brokers. I've been learning PineScript and backtesting against historical data on my broker for free.
Caveat, this is only free/easy if TV supports your broker. Else you need custom glue.
Jaxon Myers
Whata the point of working for a trading firm instead of just trading yourself?
Tyler Diaz
he probably means a low latency one
you get a percentage cut and the trading capital they give you is massive
Kayden Jenkins
Because you don't have enough money to make a living trading on your own.
Easton Clark
You already had this thread.
warosu.org
Jaxon Flores
Because I am a man child more interested in playing games and jerking off.
Ethan Smith
Oh, thought we were talking algo trading not HFT. Agreed it's hard to imagine competing in HFT - I focus on swing trading, around the 4 hour timeframe. Latest strat I played with had average of 15 bars in trades, so pretty far from needing microsecond timing.
Jaxson Mitchell
A few of the guys in Market Wizards started with $5-10k and never went bust, it can be done with discipline.
Anthony Scott
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It obviously cant exceed the amount made by trading
Im sure you could make more on your own if you had the skills required for a trading firm. I bet even the start up cash would be similaar
Bentley Reed
>It obviously cant exceed the amount made by trading
it's usually about 90% of the profits that go to the company you work for.
so 2 million profit gives you an annual income of 200k
Parker Rivera
>going bankrupt at the speed of light
Ian Roberts
>testing with paper trading
>risk management routines