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This is substantially higher information density than anything I've read in the last week. Learning about triangular arbitrage programmatic trading alone looks
by zbentley 9y ago
This is substantially higher information density than anything I've read in the last week. Learning about triangular arbitrage programmatic trading alone looks like it's going to occupy most of the next few days for me.
- seanp2k2 9y agoBtw, people are doing lots of arbitrage with crypto currencies as well if you weren’t already aware. It could be a fun way to play with it without spending much if you’re interested.
- santiagobasulto 9y agoI've been thinking about this for some time now. Do you have any resource to share or know anybody doing it?
- jstanley 9y agoPeople doing it successfully are unlikely to share their secrets, unfortunately.
- pc86 9y agoUntil/unless the crypto market in general crashes, or the gains have all been arbitraged out, at which point we'll see a flood of Medium posts about how someone bought their house by arbing DOGE.
- S3raph 9y agothe problem with cryptocurrency arbitrage is that the profit depends on how fast/reliable the various exchanges process your transactions and how much the transaction fees are and not how sophisticated your algorithm is. nice read: https://steemit.com/arbitrage/@kesor/the-math-behind-cross-exchange-arbitrage-trading https://steemit.com/arbitrage/@kesor/the-math-behind-cross-e...
- fastball 9y agoAnd the handful of cryptos that don't have tx fees (NEO/IOTA spring to mind) have already been arbitraged to within ¢¢¢ of each other.
- alphydan 9y agoMaybe nit-picking ... but shouldn't a very sophisticated algorithm precisely incorporate the reliability/speed of the various exchanges (maybe based on past and current latency or downtime which weighs the risk of a transaction not clearing at a given exchange). The smartest algorithm should be able to win such a battle on average.
- logicallee 9y agocurious why you're investing this time. any plans to apply to such jobs? (I'm not a recruiter or working at a quant firm, just curious)
- sebiol 9y agoCan't speak for parent, but when I find an interesting subject I'll read up on it. I Might even buy books in the field. While my primary motivation is curiosity, you never know when knowing a specific thing might come in handy. Or you might be able to apply some principles in a different field. Of course time is limited, so when deciding if I'm going to invest the time I do a quick check on ROI. How much time do I think I'll have to invest. This depends on how much I know in the general area of the subject and how specialized I assume the subject to be. So basically how much time do I have to spend to learn the required vocabulary. I value that against how useful I assume the knowledge to be. Can I directly apply the new knowledge, or do I assume it to have synergies with my main subject of interest. But sometimes a subject is so interesting to me that learning about it is its own reward.
- logicallee 9y agoThree days of reading on a specialist applied subject (like quantitative finance) which is super-competitive (because huge money, and literally competing against other market participants) and very high barrier to entry makes it seem like the reward is very low. If that same time were spent in general machine learning techniques, for example, it would have an outsize return as it could then be applied to any field. Indeed it is possible that minimal sophistication might yield excellent returns on the market if one is a machine learning expert, trains a model on historical data, and then applies its predictions using a pretty dumb web interface and no sophisticated stack at all. This is why I'm surprised grandparent is investing the time.
- Retric 9y ago3 days is a very minimal investment.
- 9y ago
- afeezaziz 9y agoCan you share what you have learnt so far and what is left? I am thinking to do the same thing too.