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Algo trading is about having the edge. The edge is something you have and other people don't. Enjoy your feature engineering. (Meaning: selling the same cura
by atemerev 10y ago
Algo trading is about having the edge.
The edge is something you have and other people don't.
Enjoy your feature engineering.
(Meaning: selling the same curated data product to many customers undermines its value. Overpricing it and selling only to the selected few, on the other hand...)
- Chris2048 10y agoBut this is algo trading specifically, the scope for curated datasets is larger. Plus, what stops anyone building on top of a dataset? If this isn't dive ebay value do any third parties add? A dataset sold to many customers doesn't undermine the price charged by the seller, as there would be no competitive advantage by not using it either.
- Chris2048 10y agos/"dive ebay"/"done, what"/ And to clarify the last point: If a create a dataset for $100 I could sell it to one person for $120, or 6 for $20 - I make the same even if the value to each individual client is reduced; on the other hand, the value to each client versus* making their own is (120-100=) $20 in the first case, but (120-20=) $100 in the second, so fewer clients are likely to "roll their own" competing datasets.
- sjg007 10y agoSeems like neural networks would have some advantage here...