6 ms·

I think you do have the skills already. I was like you and started building stock trading robots long time ago (today generating a lot more money than my "real"

by SirLJ 9y ago

I think you do have the skills already. I was like you and started building stock trading robots long time ago (today generating a lot more money than my "real" job)... One exception: I don't love math (actually I did before starting primary school) :-) The books I would recommend are more for motivation and inspiration: More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby https://en.wikipedia.org/wiki/More_Money_Than_God https://en.wikipedia.org/wiki/More_Money_Than_God A Man For All Markets by Edward O. Thorp http://www.edwardothorp.com/books/a-man-for-all-markets/ http://www.edwardothorp.com/books/a-man-for-all-markets/ If you are asking about finding a "Wall Street job", than it is completely different matter and the degree from prestigious school would be the most important "skill"

jason_slack 9y ago
I don't need the "Wall Street" job. I just want to use my skills to solve challenging problems and do some interesting work.
- SirLJ 9y ago
  This is actually great... You do not need a formal education to be great at this... I am a bit nostalgic and envy you for what is in front of you: a great challenge, but well worth it in the end... Having FY money is the greatest freedom one can ask for!
  - jason_slack 9y ago
    I dont even want "FY" money. I want to see my code make the "FY" money.
    - SirLJ 9y ago
      Exactly, this is the name of the game: the best lifestyle businesses with no customers, employees or investors... host it in the cloud and you will be truly location independent... personally I am checking the logs of my systems once a week to make sure everything is working as designed + 3rd party monitoring service to monitor the servers and the API responses and all is set!
      - meri_dian 9y ago
        How would someone get started doing what you do with an automated trading system?
        SirLJ 9y ago
        get as much data as you can find and start back testing all trading ideas you can come up with... sooner or later you'll find something that works for you, the most important part of the back testing is to back test for at least 1 market cycle, the more market cycles, the more robust system you'll have... After that it is easy to convert the code and build the trading robot, now every discount broker is offering API for automated trading...
        jason_slack 9y ago
        Ideas on where one can get viable data?
        DoritoChef 9y ago
        I've heard good things about Quandl, especially if you're willing to foot the bill for some of their premium datasets. https://www.quandl.com/ https://www.quandl.com/
        SirLJ 9y ago
        Cheapest I can find for 20+ years us stock market data, was on eBay for $100
        jason_slack 9y ago
        I would have never thought of that. Do you have any info on making a trading bot?
        SirLJ 9y ago
        I am always on a look out for data... On how to build the bot, the best documentation would be your discount broker API, here is IB for example... From here the sky is the limit... https://www.interactivebrokers.com/en/index.php?f=5041 https://www.interactivebrokers.com/en/index.php?f=5041

by SirLJ 9y ago

jason_slack 9y ago

I don't need the "Wall Street" job. I just want to use my skills to solve challenging problems and do some interesting work.

SirLJ 9y ago
This is actually great... You do not need a formal education to be great at this... I am a bit nostalgic and envy you for what is in front of you: a great challenge, but well worth it in the end... Having FY money is the greatest freedom one can ask for!
- jason_slack 9y ago
  I dont even want "FY" money. I want to see my code make the "FY" money.
  - SirLJ 9y ago
    Exactly, this is the name of the game: the best lifestyle businesses with no customers, employees or investors... host it in the cloud and you will be truly location independent... personally I am checking the logs of my systems once a week to make sure everything is working as designed + 3rd party monitoring service to monitor the servers and the API responses and all is set!
    - meri_dian 9y ago
      How would someone get started doing what you do with an automated trading system?
      - SirLJ 9y ago
        get as much data as you can find and start back testing all trading ideas you can come up with... sooner or later you'll find something that works for you, the most important part of the back testing is to back test for at least 1 market cycle, the more market cycles, the more robust system you'll have... After that it is easy to convert the code and build the trading robot, now every discount broker is offering API for automated trading...
        jason_slack 9y ago
        Ideas on where one can get viable data?
        DoritoChef 9y ago
        I've heard good things about Quandl, especially if you're willing to foot the bill for some of their premium datasets. https://www.quandl.com/ https://www.quandl.com/
        SirLJ 9y ago
        Cheapest I can find for 20+ years us stock market data, was on eBay for $100
        jason_slack 9y ago
        I would have never thought of that. Do you have any info on making a trading bot?
        SirLJ 9y ago
        I am always on a look out for data... On how to build the bot, the best documentation would be your discount broker API, here is IB for example... From here the sky is the limit... https://www.interactivebrokers.com/en/index.php?f=5041 https://www.interactivebrokers.com/en/index.php?f=5041