3 ms·

I've found that I fall into the "not playing with enough money" camp. The difference between the "gotta start somewhere" attitude of software development is tra

by kneath 17y ago

I've found that I fall into the "not playing with enough money" camp. The difference between the "gotta start somewhere" attitude of software development is trading costs money. I found I was consistently making 20-30% returns, but after trading fees it was a lot more like 0-5%. You can write as many Hello World programs as you want for no incremental fee — but every trade costs money, so you need to trade enough to offset the feeds.

arthurdent 17y ago
Most things worth learning come with a cost. Writing code costs time. Regarding 20-30% returns on fake money, but 0-5% on real money, trading fees should be an assumption you make when you trade with fake money. I'm guessing you did, but if there's such a wide disparity, it just means you have to re-evaluate. Writing strategies is just like a software startup. Be agile, course correct often, when expectations differ from actual results, find out why. If trading costs is really your primary issue, I guess I'm plugging http://www.algodeal.com http://www.algodeal.com since I just discovered them over the weekend and it sounds sort of cool and like a good platform to learn to do it with no cost (except the cost of many Hello World programs). [I am in no way affiliated with Algo Deal. I haven't even really looked into it that much. But their splash page sounds cool and I'm frankly envious that its their startup and not mine]