3 ms·
Consider cryptocurrency over stocks, as it comes with exchange API's and low/no fees.
by adjkant 9y ago
Consider cryptocurrency over stocks, as it comes with exchange API's and low/no fees.
- toomanybeersies 9y agoCrypto doesn't have 20 years of historical price data though.
- adjkant 9y agoTrue, but there are many other market conditions in play there to be exploited, and a year or more of data is still useful.
- wruza 9y agoIsn’t history-based trading a myth? I mean, technical analysis of markets in general.
- odonnellryan 9y agoFrom my understanding you basically only have technical data when you're trading crypto. Or you can do HFT I suppose and basically supply a volume service to these exchanged.
- gilj 9y agoIt's not about using the 20 years of data to fit your model, it's about using the 20 years of data to test your strategy on (a process called backtesting). Once you know how it performs historically, you can develop an intuition for where it breaks down, and try to alleviate the problem (keeping in mind overfitting and all those types of issues).
- kirubakaran 9y agoI agree. There seem to be several good leading indicators for cryptocurrency prices, especially for new altcoins. I'm building https://coinparse.com/ https://coinparse.com/ exactly for this. I wrote a post on this recently: https://coinparse.com/articles/omg-anatomy-of-price/ https://coinparse.com/articles/omg-anatomy-of-price/ as an introduction.