4 ms·
I do similar stuff and confirm most of the above. It matches my experiences. The only other thing I'd say is that if you're in a bull market you may have easy
by hungryforcodes 4y ago
I do similar stuff and confirm most of the above. It matches my experiences.
The only other thing I'd say is that if you're in a bull market you may have easy wins. Then after -- when the market turns against you -- these will evaporate.
So long term you have to ask yourself if you are REALLY beating the market. If you'd bought Amazon or Microsoft instead, over 20 years you'd probably be far ahead.
- beagle3 4y ago> If you'd bought Amazon or Microsoft instead, over 20 years you'd probably be far ahead. And if you'd bought pets.com, or webvan, you'd be far behind. Survivor bias at work.
- hungryforcodes 4y agoTrue, but that's the nature of investing. If you don't like risk, use an RRSP I guess.
- areyousure 4y agoIn case anyone is curious, it seems "RRSP" stands for "registered retirement savings plan", a type of financial account specific to Canada. https://en.wikipedia.org/wiki/Registered_retirement_savings_plan https://en.wikipedia.org/wiki/Registered_retirement_savings_...
- reisse 4y ago> The only other thing I'd say is that if you're in a bull market you may have easy wins. Then after -- when the market turns against you -- these will evaporate. If your algotrading profits depend on market being bull or bear, you're doing it wrong. Volatility matters, not the direction.
- hungryforcodes 4y agoPlease line up with all the other cranky people to tell r/algotrading -- I'm sure they are interested. Mine work in either market. But I trade on the millisecond lines to avoid market bias. And yes volatility is key. As if confirmation of this approach I see Binance has just recently introduced a 1s chart (effectively 1000ms). However most retail algo traders using indicators use larger time frames that are more susceptible to market trendiness.
- jvanderbot 4y agoNot that I have liquidity, time, or ability to get into this, but how would one individual get access to ms trade times and data?
- ikrenji 4y agoeasy - you pay for it
- hungryforcodes 4y agoNo, Binance and other similar exchanges give it away for free. Just call their API ever 1000ms. TradFi is a bit behind on this I think.
- willtemperley 4y agoMost crypto exchanges provide free websocket endpoints with millisecond latency for trade and order book data