221–230 of 277 posts
Stock trading robots, everything on autopilot, makes much more money than my "real job" as technical team lead for big corp. Truly lifestyle business running from the cloud and not looking for investor, customers or employees... One day will leave to my kids to run...
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Making billions but spending more is not "massaging revenue." It's being shitty at turning a profit. Please explain the scenario in which you can take the same balance sheet and use it to show two different revenue figures. You can't. You can easily do the same thing with profit.
You could add in deferred revenue from previous quarters.
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You also invite competition by selling/advertising your product. For any product, it's most probably one of the customers that'll go "I can make something better than this!" Also, if your income depends on absence of competition, that means that your product needs a bit of improving and that your business is fragile.
You completely misunderstood the point. What would invite competition is the realization of how much revenue can be made with that product.
Stock trading robots, everything on autopilot, makes much more money than my "real job" as technical team lead for big corp. Truly lifestyle business running from the cloud and not looking for investor, customers or employees... One day will leave to my kids to run...
What are your Feb results so far? 2018 started not so easy as 2017 was.
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Highly liquid US equities, using discount broker API to find, initiate, monitor and exit trades - everything written in Python and hosted on few VPS around the world (for redundancy) ... Options are to complicated for me :-)
What books/blogs/forums/libraries/frameworks would you recommend to get started?
No one will publish a working trading strategy and even someone crazy enough to do it, it will be arbitraged pretty quickly...
The best way is to buy stock market data and start testing ideas until you find your edge...
All that said, here are the books I usually recommend, more for motivation and inspiration:
The Asian Saga by James Clavell, reading as a kid on how to rule your life, business and create a dynasty...
https://en.wikipedia.org/wiki/The_Asian_Saga
More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby - on how to rule the world :-)
https://en.wikipedia.org/wiki/More_Money_Than_God
A Man For All Markets by Edward O. Thorp - basically the father of quant/systematic trading and one of the greatest minds of our time...
Tarsnap. I have an employee now, but I ran the company myself for the first ten years and from ~2011 onwards Tarsnap has been the vast majority of my income. I got started by... well, sitting down and scratching my itch. I wanted good backups, and it turned out that other people wanted them too.
1. Ad scraping business. We scrap ads and expose the bad guys. Let me tell you there are many bad guys injecting bad just because the ad exchanges do not care. Most of them do it because "no one would know". So, we just scrap ads and put them on display. 2. We sell a subscription to our service where we charge $200-400 month for access to this data. Many malware researchers, ad agencies, regulators are subscribed to…
Coderpad [1], an interviewing platform, is run by Vincent Woo [2]. [1] https://coderpad.io [2] https://news.ycombinator.com/user?id=akanet
Only 1 person? Wow, we use it in our interview process
[1] https://www.indiehackers.com/interview/coderpad-c95d5d0dd9