3 ms·
Algorithmic trading from home isn't new at all, it has been around for a while. You can even buy backtesting and live trading software with a DSL that makes it
by onetimeusename 11y ago
Algorithmic trading from home isn't new at all, it has been around for a while. You can even buy backtesting and live trading software with a DSL that makes it easier to do, e.g. Tradestation or Ninjatrader or as was mentioned, InteractiveBroker provides solutions.
For the most part, people doing this are not on the scale of people doing HFT. The net latency from home to market is much higher and the software lower performance but I do know some people that have done it successfully. Their bots trade anywhere from maybe dozens of times per day to once or twice per week. It is a difficult business though.
- vegabook 11y agoThe primary activity of HFT and algorithmic traders is fundamentally different. Whereas algos are trying to "beat the market", that is find alpha, HFT is trying to "beat the market makers". They trade dozens of times every second to find the liquidity distribution and arb the flows, not take advantage of technically or fundamentally driven moves. Needless to say HFT requires several orders of magnitude more resources than a hobbyist algo trader, though there are also giant algos in hedge funds.