141–150 of 254 posts
I made some good money (millions) in 2017 by algo trading crypto. Now in 2018, the bear market is on, but my pnl is still decent. I collected data, trained models, wrote execution strategies, automated everything. I was successful because I was moving fast, trying things, breaking things, etc. While crypto was and still is my turf, I think I could also do well in the stock market. The problem is that the entry barrie…
Short answer is - yes. I have a few buddies using a bot from Crypto Profit Bot ( https://cryptoprofitbot.com ) and they definitely make profits. Sorta varies though depending on the strategies used. I played around with this late last year and was able to tune my bot to anywhere from 4% on up. Some trades were ridiculous with 20% or 30% when the bot caught the pumps. Of course, 4% means I was not scalping (a lot of p…
I made some good money (millions) in 2017 by algo trading crypto. Now in 2018, the bear market is on, but my pnl is still decent. I collected data, trained models, wrote execution strategies, automated everything. I was successful because I was moving fast, trying things, breaking things, etc. While crypto was and still is my turf, I think I could also do well in the stock market. The problem is that the entry barrie…
Give me your secrets
I hacked together my own scripted system that would arbitrage cryptocurrency across exchanges. It worked (for the most part), but it's been abandoned now. The best way I can think of to describe why is to say that while the low hanging fruit exists, there's far too little juice in it for it to be worth the squeeze. Others have explained that the problem they've encountered is counter-party risk in that some exchanges…
Short answer is - yes. I have a few buddies using a bot from Crypto Profit Bot ( https://cryptoprofitbot.com ) and they definitely make profits. Sorta varies though depending on the strategies used. I played around with this late last year and was able to tune my bot to anywhere from 4% on up. Some trades were ridiculous with 20% or 30% when the bot caught the pumps. Of course, 4% means I was not scalping (a lot of p…
$100k gains, on how much capital invested is that? $20k? $50k? $100k?
For what I put in, I started with 2btc and when I stopped I had about 4. I was taking profits along the way of a few thousand every two weeks.
Of course, if you look at the crypto market last year, that's easy to see.
Earlier quoted context omitted.
There was a great post on HN fairly recently written by someone who used to work in HFT. He talked about how they tapped the incoming network cable to read the incoming prices on an FPGA faster than they could make it through the OS's network stack. I think they were sending out trades in response to the new prices before they would have even made it to userspace on an OS.
https://meanderful.blogspot.com Worth a read.
Earlier quoted context omitted.
Be careful with volatility. I don't know what he's trading on exactly. But a big part of volatility trading is selling insurance, i.e. selling insurance against the direction of S&P. You can make a lot of money collecting insurance premium, but on the event of a payout, like a sudden big drop in S&P, the loss can be very substantial. See XIV and SVXY in February of this year.
Trading volatility might imply that he's buying options in both directions. Big moves either up or down would be profitable. The only unprofitable move here would be no substantial moves in either direction. (In which case you lose your entire bet, but no more.)
Clearly I lack a basic understanding of the concepts involved.
I made some good money (millions) in 2017 by algo trading crypto. Now in 2018, the bear market is on, but my pnl is still decent. I collected data, trained models, wrote execution strategies, automated everything. I was successful because I was moving fast, trying things, breaking things, etc. While crypto was and still is my turf, I think I could also do well in the stock market. The problem is that the entry barrie…
Give me your secrets