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You are not nearly the only one trying this - I wouldn't recommend it. You'll also need a big chunk of money to get started - HFT (which is a subset of automate
by JoachimSchipper 16y ago
You are not nearly the only one trying this - I wouldn't recommend it. You'll also need a big chunk of money to get started - HFT (which is a subset of automated trading) relies on low latency, and therefore you can't just use any old hosting. You'll also want to write it in a language with low and predictable latency (usually C++).
- jhuckestein 16y agoThanks. Can you elaborate on why you wouldn't recommend it?
- JoachimSchipper 16y agobrownegg has a good response, but I'll also point out that you're not the only one trying to start such a business, and you're more-or-less chasing the same opportunities as everyone else. There's a lot of money to be made, and thus a lot of highly-qualified people working on this. And you need to be better than them to make money. Secondly, you'll need a lot of money to trade with. Finally, you're asking rather basic questions - you have a lot to learn, and asking for help (on HN or elsewhere) won't get you far.