4 ms·

Do you have a strategy that you're able to share?

schappim 9y ago
The tips in SieLJ’s HN Bio might be interesting for you: https://news.ycombinator.com/user?id=SirLJ https://news.ycombinator.com/user?id=SirLJ
- juancampa 9y ago
  "There is no luck in life (unless you win the lottery), the rest is a lot of hard work... e.g. the more you work, the luckier you’ll get" - SirLJ
SirLJ 9y ago
I am sorry, but I cannot share anything, event the systems that are not working... Let's face it: we are competing in the stock market every day, so why I should help you to get edge over me?... Frankly this is the best side business in the world and I have to preserve it and hopefully one day leave it to my kids to continue...
- diab0lic 9y ago
  Given the tips in your bio I assume you're trading on some set of metrics you've developed yourself. If I may pick your brain, and I understand that you may not be able to answer. - Are you trading on the order of minutes (or greater)? I assume from your bio tips that what you're suggesting doesn't require hft. - Do you have a book recommendation for the actual quantitative part of things? The domain knowledge of trading if you will. I'm most curious about this because I have plenty of experience implementing autonomous systems that act under risk but have little guidance for going from raw market data to signals. Thanks!
  - SirLJ 9y ago
    Hello, no I don't day trade, because I cannot compete with HFT - I just don't have the money to do so... Unfortunately I am yet to read a good book on the subject, largely because no one will share a working strategy or method - e.g. if someone is making money, he's not going to write on how it... The one book I can recommend is more for motivation/history lessons and it is called More Money Than God by Sebastian Mallaby https://en.wikipedia.org/wiki/More_Money_Than_God https://en.wikipedia.org/wiki/More_Money_Than_God
- juancampa 9y ago
  Fair enough. I think you have ignited a spark in me to think more about this. Thanks.
  - SirLJ 9y ago
    I am glad I have sparked your interest... I am even a bit jealous (or just maybe nostalgic), because it is a great journey with a lot of stuff to learn and experiment in the coming years... Hopefully it will change your life forever... there is nothing better in this world to know you have the FU money - this is the freedom everyone should aim for...
- mamcx 9y ago
  I wanna know a way to do this but with criptocurrencies.
  - fapjacks 9y ago
    I do this with cryptocurrency (ethereum and bitcoin) with what is now quite a lot of money, but I've pulled most of it out recently since this run cannot last. It will correct and people will lose lots of money. Except for that, I will warn you that what is illegal HFT on the stock exchange is now happening on the crypto exchanges. It is exceptionally challenging. Now, for my part, that's also part of the reward. But don't say I didn't warn you. You could get started pretty easily with the GDAX API, just to point you in the right direction.
    - mamcx 9y ago
      Yeah, I get the API part (i'm with kraken) but not the strategy part. I know how program, but not how build an strategy. Where I can learn this?
      - fapjacks 9y ago
        This is tough. I would suggest looking through Github for some basic algotrading bot repos. This will give you a real basic foundation for strategy. Besides that, the way I learned my strategies was to sit, for hours, in front of GDAX and watch trading like television, and make all my trades manually, taking notes (incidentally, I picked up this learning method by teaching myself networking by sitting and watching tcpdump and later Ethereal/Wireshark). Once I'd developed a fairly straightforward trading strategy, I implemented it. From there, it was just iterative until I had something I felt could trade unsupervised. I still am fairly OCD about checking in on it when it's trading lots of money. Your strategy will change in interesting ways as you scale up the amount you are trading: Being an invisible small fish is pretty easy, but once you start having an effect on the price -- even in small ways, like some kind of "less small fish" -- you'll find that it also affects other traders (read: bots). Manipulating other bots is what a significant proportion of cryptocurrency trading strategies seems to be a fairly popular thing to do.

The tips in SieLJ’s HN Bio might be interesting for you: https://news.ycombinator.com/user?id=SirLJ https://news.ycombinator.com/user?id=SirLJ

juancampa 9y ago
"There is no luck in life (unless you win the lottery), the rest is a lot of hard work... e.g. the more you work, the luckier you’ll get" - SirLJ

SirLJ 9y ago

I am sorry, but I cannot share anything, event the systems that are not working... Let's face it: we are competing in the stock market every day, so why I should help you to get edge over me?... Frankly this is the best side business in the world and I have to preserve it and hopefully one day leave it to my kids to continue...

diab0lic 9y ago
Given the tips in your bio I assume you're trading on some set of metrics you've developed yourself. If I may pick your brain, and I understand that you may not be able to answer. - Are you trading on the order of minutes (or greater)? I assume from your bio tips that what you're suggesting doesn't require hft. - Do you have a book recommendation for the actual quantitative part of things? The domain knowledge of trading if you will. I'm most curious about this because I have plenty of experience implementing autonomous systems that act under risk but have little guidance for going from raw market data to signals. Thanks!
- SirLJ 9y ago
  Hello, no I don't day trade, because I cannot compete with HFT - I just don't have the money to do so... Unfortunately I am yet to read a good book on the subject, largely because no one will share a working strategy or method - e.g. if someone is making money, he's not going to write on how it... The one book I can recommend is more for motivation/history lessons and it is called More Money Than God by Sebastian Mallaby https://en.wikipedia.org/wiki/More_Money_Than_God https://en.wikipedia.org/wiki/More_Money_Than_God
juancampa 9y ago
Fair enough. I think you have ignited a spark in me to think more about this. Thanks.
- SirLJ 9y ago
  I am glad I have sparked your interest... I am even a bit jealous (or just maybe nostalgic), because it is a great journey with a lot of stuff to learn and experiment in the coming years... Hopefully it will change your life forever... there is nothing better in this world to know you have the FU money - this is the freedom everyone should aim for...
mamcx 9y ago
I wanna know a way to do this but with criptocurrencies.
- fapjacks 9y ago
  I do this with cryptocurrency (ethereum and bitcoin) with what is now quite a lot of money, but I've pulled most of it out recently since this run cannot last. It will correct and people will lose lots of money. Except for that, I will warn you that what is illegal HFT on the stock exchange is now happening on the crypto exchanges. It is exceptionally challenging. Now, for my part, that's also part of the reward. But don't say I didn't warn you. You could get started pretty easily with the GDAX API, just to point you in the right direction.
  - mamcx 9y ago
    Yeah, I get the API part (i'm with kraken) but not the strategy part. I know how program, but not how build an strategy. Where I can learn this?
    - fapjacks 9y ago
      This is tough. I would suggest looking through Github for some basic algotrading bot repos. This will give you a real basic foundation for strategy. Besides that, the way I learned my strategies was to sit, for hours, in front of GDAX and watch trading like television, and make all my trades manually, taking notes (incidentally, I picked up this learning method by teaching myself networking by sitting and watching tcpdump and later Ethereal/Wireshark). Once I'd developed a fairly straightforward trading strategy, I implemented it. From there, it was just iterative until I had something I felt could trade unsupervised. I still am fairly OCD about checking in on it when it's trading lots of money. Your strategy will change in interesting ways as you scale up the amount you are trading: Being an invisible small fish is pretty easy, but once you start having an effect on the price -- even in small ways, like some kind of "less small fish" -- you'll find that it also affects other traders (read: bots). Manipulating other bots is what a significant proportion of cryptocurrency trading strategies seems to be a fairly popular thing to do.