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Show HN: Watch 3 AIs compete in real-time stock trading

trading.snagra.com

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Re: Show HN: Watch 3 AIs compete in real-time stock trading

#151

Earlier quoted context omitted.

I just tried. I get the same. URL looks like that: http://undefined/api/verify-email?token= .....

I also received undefined. I replaced undefined with trading.snagra.com and I see a success confirmation message

Thanks ccheney, I think I found the issue and fixed it. Sorry again for folks running into issues, really appreciate folks interested enough to follow along and help troubleshoot as well

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#152
post #103

Earlier quoted context omitted.

> Many quant trading firms make 50%-100% annual returns. The secret is leverage Hu lol no XD you're way over stating it. While it happens _sometimes_, 50% or 100% is insanely rare, even for the top tier hedge funds. Most HF work at predefined annual volatility, often in the 7% to 10% range. A typical _top tier_ sharpe is in the >=2 range, we're more talking about a 10%/25% averaged annual returns. > However, the retu…

I think this almost always refer to Renaissance, except that they aren't really a hedge fund the same way (say) millennium are

[deleted]

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#153
post #9

They should have added a pure random bot as a control. Or a monkey.

You would need something like 1000 instances of each LLM putting on trades and have a 1000 random walks to judge an average sharpe ratio or something along those lines.

As is, this means absolutely nothing and not understanding the problem.

Adding a random walk to this would mean you have 4 random walks instead of 3.

There is also the problem that it is tough to make a prediction for tomorrow that is better than today's close.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#154

Earlier quoted context omitted.

I just tried. I get the same. URL looks like that: http://undefined/api/verify-email?token= .....

I also received undefined. I replaced undefined with trading.snagra.com and I see a success confirmation message

Can confirm. That worked.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#155
post #98

Earlier quoted context omitted.

ChatGPT does a good job of imitating the average crypto influencer. They don’t know what they’re saying either, and 99% of crypto investors would be thrilled by the prospect of a “pivotal Phase 3 Bitcoin ETF trial” that will “drive trust value realization”. Sounds great, can’t miss out on that! The hallucinations are simply a mirror of a community that thrives on this nonsense. When nothing is real, you can’t blame t…

This made me chuckle. You made a very interesting point that if LLMs are copying hallucinations those hallucinations are not infact hallucinations.

This is a great insight and fascinating to me as well. What even is the solution though? It does seem like it follows logically though, since the earliest days of the internet huge swaths of wrong, fraudulent, or misleading info has plagued it and you’d usually have been wise to check your sources when trusting anything you read online. Then we had these models ingest the entire web, so we shouldn’t be surprised at how often it is confidently wrong.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#156

Earlier quoted context omitted.

What brokers allow you to short crypto?

If you're US based, there is no major exchange support. BITI ETF and SETH ETF for shorting BTC and ETH. If you're non-US: Binance.

CME Group has ETH and BTC futures and you can short those easily as theres no notion of "borrowing shares" in the futures world to get short.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#157
post #126

Can't verify my email address for the sign-up, it sends me to the domain "undefined".

same, but :%s/undefined/trading.snagra.com/ did the trick

Sorry if folks just got resent email verification emails, but I think I fixed the verification url issue and should be addressed.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#158
post #114

Earlier quoted context omitted.

> fees, latency, slippage Whenever I trade, I somehow always get an adverse price. I figure it's the "no fee" brokerage chiseling a bit off for themselves. I compensate by being a buy and hold hold hold investor, so paying very little in aggregate for that. What I don't understand is how day traders avoid being eaten alive by this.

"Free" transactions are free because they're not immediate. The broker buys the share themselves and sells it to you at markup... ie: there is still a transaction fee, you just have no idea what it is. Day traders use platforms that are optimized for speed and minimal fees, and that don't charge fees based on lot size.

What your suggestions is front running. This is illegal for stocks and most assets (not FX!). This will get a broker in hot water.

The more nuanced practice that brokers use to monetize is payment for order flow. They sell your security order flow to algorithmic trading shops that buy and sell the securities you want to trade.

You’re correct in that most retail orders never make it to a regulated exchange, but that may not always be a bad thing. There’s been studies showing that HFTs often match retail trades even when the market moves against them since they are better able to predict market changes and can still profit off the trades.

Re: Show HN: Watch 3 AIs compete in real-time stock trading

#160
post #9

They should have added a pure random bot as a control. Or a monkey.

> a pure random bot

Maybe compare with this guy:

https://news.ycombinator.com/item?id=14713997 - Amazon engineer will let strangers manage his $50,000 stock portfolio 'forever' (2017-07-06, 172 comments)

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