111–120 of 120 posts
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Yes. You can define different tick intervals for different blocks. For example in one block you can select RSI with tick interval being 30 min and in another one you can select RSI with tick interval 2H. Ping on help button at the bottom if you get stuck. :)
Oh one more question - do you use walk forward testing? Monte Carlo simulations?
What you have built looks great and I am sure a lot of work went into it. However, as someone with a bit of trading experience (running a profitable custom-built trading system myself) who has friends that lost money I would like to post a few words of warning to anyone who believes they can build profitable trading strategies on top of someone else's platform: It's extremely unlikely. While you may hear stories of p…
What you are saying is right specially for HFT and also because no platform have been able to achieve that till now. We decided to build this only after talking to 100s of traders personally. We definitely can’t help people develop profitable strategies but if someone has a strategy, she wouldn’t be stuck because of resources/capital limitation. Having said that we are going to keep building the state of the art infr…
What you have built looks great and I am sure a lot of work went into it. However, as someone with a bit of trading experience (running a profitable custom-built trading system myself) who has friends that lost money I would like to post a few words of warning to anyone who believes they can build profitable trading strategies on top of someone else's platform: It's extremely unlikely. While you may hear stories of p…
What you are saying is right specially for HFT and also because no platform have been able to achieve that till now. We decided to build this only after talking to 100s of traders personally. We definitely can’t help people develop profitable strategies but if someone has a strategy, she wouldn’t be stuck because of resources/capital limitation. Having said that we are going to keep building the state of the art infr…
You built a fine tool for others to use. With a free tier. Nice work...
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What you are saying is right specially for HFT and also because no platform have been able to achieve that till now. We decided to build this only after talking to 100s of traders personally. We definitely can’t help people develop profitable strategies but if someone has a strategy, she wouldn’t be stuck because of resources/capital limitation. Having said that we are going to keep building the state of the art infr…
Threads are going off the rails a bit. You built a fine tool for others to use. With a free tier. Nice work...
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Threads are going off the rails a bit. You built a fine tool for others to use. With a free tier. Nice work...
Thanks for your support. :)
A lot of us work on wall street and we can smell bullshit from a mile away.
And this smells like a pile of horse shit.
What you have built looks great and I am sure a lot of work went into it. However, as someone with a bit of trading experience (running a profitable custom-built trading system myself) who has friends that lost money I would like to post a few words of warning to anyone who believes they can build profitable trading strategies on top of someone else's platform: It's extremely unlikely. While you may hear stories of p…
> Also, ask yourself why someone would offer a platform to build profitable strategies instead of simply trading themselves based on their competitive advantage. The answer almost always is: Because they failed to trade profitably and pivoted to selling their (unprofitable) infra. This is correct. It's so obvious but most people simply don't see it for what it is. The interesting thing about these platforms is that t…
> We dream of reducing the gap around financial opportunities between the wealthiest and the rest. I know it's one of those lines that whoever is in the CEO role says really righteously over and over again whenever an investor pushes back on it. But is trading cryptocurrency really going to do that? Like normal people actually lost their life savings trading that. And it's rich people, like actual Silicon Valley supe…
We just started with cryptocurrency trading and plan to add equities and forex soon. What you are saying is right, investing blindly without research make people lose money. Having a disciplined hypothesis driven strategy prevents you from taking irrational trading decisions. Thanks for taking time to provide feedback.
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why do people need to run trading bots ? what's the point? you are not going to win against professional trading bots. And you wont do any better than buy and hold investing anyway, after taxes and fees. A good startup should add real value to the world. Your startup enables a completely pointless activity.
The platform is for traders who knows what they are doing. We have professional traders building their trading strategies on the platform. We are working on marketplace where non-professionals would be able to invest in professional trader's strategies for profit share.
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It's very much comparable to a casino or a lottery. In all cases it's a losing proposition for most naive participants, but there's enough gimcrackery that naive participants can think they'll be the one to beat the odds. The one case in which it arguably wouldn't be the same is if they were playing a positive-sum game, as with long-term equity investment. But since they're focused on hours-to-days trading, it's a ne…
> it's a negative-sum game This is a misconception often touted by those who think they know something. The other side of a trade doesn't necessarily win/lose if they needed to exchange $xxxm to open a factory on another continent. Not all market activity is speculation/investment. Much of it, some say the majority, is random business activity. This skews the game theory analogy enough to make it invalid. There is en…
I did not say that all trading activity is negative-sum. I am specifically speaking about this, which is targeted at short-term trading in cryptocurrencies. Nobody is using this to open their first European facility. This is for rubes to try to outsmart people.
Blaming Mudrex for people losing money is like blaming government for building road towards Casinos. Mudrex itself is not like a Casino, that would be Crypto exchanges and price movements.
Secondly, there are many many positives of tools like this. You can buy some basic books on algorithmic trading and implement some algos and gain a lot of experience in how algo trading works, what different models exist, if the models fail why do they fail and if no one makes money on algo trading why that is the case. There is a stiff learning curve that in my opinion is very valuable in itself. You will not get any new information if you lose money on slot machine but if you have spent enough time putting efforts and learning algo trading you might end up learning a lot. That knowledge itself could be very useful.
I do not expect people to invest their lifetime savings in Mudrex. Most people might spend only few $100 on this and few among them will be serious and will gain a lot of knowledge.
Kudos to Rohi, Edul, Prince, Alankar and Snehil. I wish you good fortune in battles to come. I did play with the tool extensively and I liked the design, how fast it is. I have following suggestions:
1. Whenever I click on a Backtest I should be able to fork the very specific strategy that was used for it and not the current strategy. In short, support strategy versioning. Most often I design a strategy, run a backtest, change the strategy run a backtest and I have like 10 backtests running for different variants of the strategy. Currently there is no good way to go back to the specific varient that a backtest was running.
2. Let me download some file of the strategy. I should be able to send it to my more knowledgeable friend and get feedback.