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Cloud9Trader – Simple, powerful platform for algorithmic trading

cloud9trader.com

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Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#31

Earlier quoted context omitted.

Yes, I roll my own. I'm unique hybrid as I have a MBA (finance) before the great depression and because of the great depression I couldn't find a job. So I taught myself how to code (~2010) and have been working in code ever since, while still doing some algorithmic trading on the side. I build custom trading systems on the side. Interactive Brokers is the only firm that I have found that has a good API. TD ameritrad…

>I have a MBA (finance) before the great depression and because of the great depression I couldn't find a job. Since you've been alive for over 100 years, what's the key to a happy life?

I like to go to Hawaii every two years or so. Seems to help...

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#32

Anyone who does algorithmic trading, what platform do you use? Do you roll your own? I’ve had a passing interest in this field for years but have not done anything myself.

Yes, I roll my own. I'm unique hybrid as I have a MBA (finance) before the great depression and because of the great depression I couldn't find a job. So I taught myself how to code (~2010) and have been working in code ever since, while still doing some algorithmic trading on the side. I build custom trading systems on the side. Interactive Brokers is the only firm that I have found that has a good API. TD ameritrad…

Great recession

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#33
post #26

Earlier quoted context omitted.

Another question to who does algorithmic trading, is a software / engineering education with a strong math and data analysis useful to get into that? Do you have some particular resource where someone can start to approach it?

You can get a degree in it. I've considered applying,(i live in Atlanta) but I have a family to feed and can't just quit my job for a new degree. Also most of the big money is in NYC so you'll likely move...but you'd retire in 10 years because you either made a lot of money, or have a lot of stress. https://www.scheller.gatech.edu/degree-programs/interdiscipl...

Algorithmic trading is the epitome of a meritocracy. I'm highly skeptical of anyone offering a degree in algorithmic trading other than as a historical perspectives. It's an evolving field and extremely cutthroat. I would liken it to going to film school and trying to become Steven Spielberg.

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#34
post #30

Cloud 9 trader is the exact name of a voip dealerboard that’s used in the industry right now. https://www.c9tec.com/trader-communications/

Fortunately, the institutional traders who use that Cloud9 will never use this Cloud9 and the retail traders who use this Cloud9 will never use that Cloud9.

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#35

I have a question for those in the field - is there a good tool to fingerprint the level of algorithmic trading going on in a particular market? I trade in a lot of very obscure and illiquid stocks and in some I can spot obvious bot trading, but in others I see none.

The highest correlation will probably be volatility.

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#37

Anyone who does algorithmic trading, what platform do you use? Do you roll your own? I’ve had a passing interest in this field for years but have not done anything myself.

Yes, I roll my own. I'm unique hybrid as I have a MBA (finance) before the great depression and because of the great depression I couldn't find a job. So I taught myself how to code (~2010) and have been working in code ever since, while still doing some algorithmic trading on the side. I build custom trading systems on the side. Interactive Brokers is the only firm that I have found that has a good API. TD ameritrad…

I built my own platform too after discovering that most public platforms dont’t support Options, are slow on backtests or have bugs.

Thank you for the api list! In general the IB api is great to work with but it has some smaller annoying bugs. For example the market data api suddenly stops sending updates for the VIX and requires a re-subscribe.

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#39
post #33
post #26

Earlier quoted context omitted.

You can get a degree in it. I've considered applying,(i live in Atlanta) but I have a family to feed and can't just quit my job for a new degree. Also most of the big money is in NYC so you'll likely move...but you'd retire in 10 years because you either made a lot of money, or have a lot of stress. https://www.scheller.gatech.edu/degree-programs/interdiscipl...

Algorithmic trading is the epitome of a meritocracy. I'm highly skeptical of anyone offering a degree in algorithmic trading other than as a historical perspectives. It's an evolving field and extremely cutthroat. I would liken it to going to film school and trying to become Steven Spielberg.

How is the correlation between "epitome of a meritocracy" and "higly skeptical of a degree"? Is that for it being an evolving field?

Re: Cloud9Trader – Simple, powerful platform for algorithmic trading

#40
post #9

Anyone who does algorithmic trading, what platform do you use? Do you roll your own? I’ve had a passing interest in this field for years but have not done anything myself.

Most roll their own and use C / C++ / custom hardware for bare metal performance. Disclaimer: I've worked for two of the largest HFT firms in the US over the course of the past 11 years.

Can you share compensation info and work life balance? Ive always wanted to break in on this industry? Also, what types of skill set they are looking for?
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