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Show HN: Algorithmic trading for everyone

justfor.fund

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Re: Show HN: Algorithmic trading for everyone

#61

Post by Unknomad »

carnitine wrote: post #53
jamesrom wrote: post #32

Earlier quoted context omitted.

1. You gotta start somewhere. Keep laughing at noobs though. 2. It says this person is new, and doesn’t have connections or inroads to get capital from “a big multi-manager”. 3. Sounds about right, but I disagree that the only way to go out on your own is by starting at an established shop. That doesn’t pass the sniff test. Very likely won’t make a profit. Sure. Will it get him a job offer, connections, or experience…

Noobs deserve to be laughed at when they start taking capital from retail investors.

FYI. Not taking any investment's for the time being. I want to help people. Not harm

Re: Show HN: Algorithmic trading for everyone

#62

Post by Unknomad »

t_mann wrote: post #56

Well, you tried something, next time try to make something that can't lose ordinary people money unexpectedly. A few notes: - The links didn't work in my mobile browser. - What I've seen similar platforms do is let users create strategies and then let other users invest in those, for a share of the profits. - Are you actually accepting investments already?? I hope that's just your family, but you might be in deeper l…

Thank you for your feedback! Of course! My main aim is to help people. Always. Currently i'm not accepting deposit's. No chance of taking down the site though :)

Re: Show HN: Algorithmic trading for everyone

#63

Post by designium »

Unknomad wrote: post #30
smabie wrote: post #28

1. Takes months/years to develop a profitable trading strategy with a team of people. 3.5/mo on multiple algorithms is kinda laughable. 2. The adverse selection here is really really high: if you could generate alpha, you would find some capital from a big multi-manager or allocator (which is incredibly easy to get these days), and just focus on running their money. The fact that you are making a retail focused site…

Thank you for your feedback. It's a work in progress. Being the only developer, an engineering student and a part-time freelance dev at the same time, it's hard to keep up with the maintenance of the algorithms and keeping the platform working perfectly. 3.5 months was the time i developed full-time. Some of the algorithms have been running since aug 2020

Don't let these people discourage you. You are starting up and by the fact that you already got people's attention in HN, that shows that you are onto something greater. Keep the good work!

Re: Show HN: Algorithmic trading for everyone

#64

Post by Unknomad »

morelandjs wrote: post #59

Any time I see ML claims, I want to see rigorous validation. At the end of the day, whether or not your approach works isn’t debatable. It’s measurable. My prior is that everyone is full of shit, because most ML claims are.

Hi! Just want to say im a passionate inventor and programmer. I just love and have fun learning new technologies and building my dreams with them. I'm no expert on ML but i could tell you that i have a bunch of personal ML projects ranging from Deep-Reinforcement-Q-Learning to NLP and computer vision. I have been programming for aprox 8 years, 5 of those during my engineering and computer science BS studies here in Chile.

Check some of my ML projects here!: https://github.com/MatiasMingo/Machine-Learning-Projects

Cheers!

Re: Show HN: Algorithmic trading for everyone

#65

Post by Unknomad »

shaolinspirit wrote: post #57

Great idea, I wish for you to succeed with that and do not be discouraged by negative comments here. If you love what you do, keep doing it, eventually you will figure out the missing pieces. Take a look if you still didn't at open source trading bots like Gekko. And add a email subscription service, I would love to be notified about news and product updates. Good luck!

Thank you very much for your feedback!! Really means a whole lot.

Kindly, Matías

Re: Show HN: Algorithmic trading for everyone

#67

Post by Unknomad »

b20000 wrote: post #42

i don’t think you can simply let people invest in strategies you manage. that stuff is highly regulated and i think you will have to become a broker?

Hi! So yeah, i need to register as an RFA to operate legally with stocks. Not crypto though (Depends on the country).

Cheers!

Re: Show HN: Algorithmic trading for everyone

#68

Post by Unknomad »

designium wrote: post #63
Unknomad wrote: post #30

Earlier quoted context omitted.

Thank you for your feedback. It's a work in progress. Being the only developer, an engineering student and a part-time freelance dev at the same time, it's hard to keep up with the maintenance of the algorithms and keeping the platform working perfectly. 3.5 months was the time i developed full-time. Some of the algorithms have been running since aug 2020

Don't let these people discourage you. You are starting up and by the fact that you already got people's attention in HN, that shows that you are onto something greater. Keep the good work!

Really appreciate your comment!!. I am too much of a dreamer (curse or not) and i've dedicated too many hours (3000 aprox) for these comments to discourage me. I love facing criticisms and building from them :)

Cheers!!

Re: Show HN: Algorithmic trading for everyone

#69

Post by Unknomad »

a_c wrote: post #44

How would you compare yourself with Quantopian? https://en.wikipedia.org/wiki/Quantopian

I think my business is simpler and more permeable than Quantopian for the regular retail investor. Also, Quantopian let algorithmic trading dev's publish their algo's for a percentage of the income in return. I would love to include such a feature in the near future but for now it's just too risky for me to let anyone publish an algorithm without the correct KYC. Also i think Quantopian's business model, however complex and well thought, was flawed.

Re: Show HN: Algorithmic trading for everyone

#70

Post by hackandtrip »

I hope the growing interest (probably driven also from the crazy $$$ that prop shops are paying) in algo-trading will lower the barrier of entry.

Another interesting platform which grows on similar concepts is Composer: https://www.composer.trade

A big missing piece in OP's project is a backtesting - I think that a very important part of testing your strategy is trying it on real-world data.

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