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You said > You'd need to have a huge edge (extremely unlikely) to make money after fees with only $10k. No you don't. 10k is plenty to make money, equities ar
by gnaritas 11y ago
You said
> You'd need to have a huge edge (extremely unlikely) to make money after fees with only $10k.
No you don't. 10k is plenty to make money, equities aren't the only market and paying the spread is trivial. Beyond that you're overestimating the time it takes; what do I care how many CPU cycles my computer spends watching the market? For a programmer, algo trading is trivially easy and a fun hobby so that time isn't work anyway and it's only a few hundred lines of code to work up a strategy, it's not exactly a big investment of time.
- sokoloff 11y agoNo, I didn't say that. jeffreyrogers said that. I said you were better off taking a side job and I still believe that to be true from an economic point of view.
- gnaritas 11y agoMy bad on the mistaken identity. Side jobs require my time, robots don't, they aren't comparable. I'm better off working no side job and letting a robot earn money on the side because that's simply better even if the bot earns less than I would on a side job. Selling labor is not economically preferable to free money.