A long time ago I figured out the difference between a Trader and Investor and realized I am very much the latter. After a few years this realization lead to my wealth increasing.
NautilusTrader: Open-source algorithmic trading platform
21–30 of 134 posts
Re: NautilusTrader: Open-source algorithmic trading platform
#22Finally, a way for me to lose all of my money automatically . What an exciting time to be alive! More seriously, for anyone else who was curious below is a list of the existing integrations. https://nautilustrader.io/docs/latest/integrations/
Interesting not a single one of them is in the realm of traditional trading. Can you actually buy real stocks / etfs / mutual funds with this platform?
Re: NautilusTrader: Open-source algorithmic trading platform
#23I've been wading into algo-trading for a little while now. I've read a few books, set up a few strategies on paper trading platforms. Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader. Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
Re: NautilusTrader: Open-source algorithmic trading platform
#24I've been wading into algo-trading for a little while now. I've read a few books, set up a few strategies on paper trading platforms. Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader. Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
Re: NautilusTrader: Open-source algorithmic trading platform
#25I've been wading into algo-trading for a little while now. I've read a few books, set up a few strategies on paper trading platforms. Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader. Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
Surely you can't? You don't have the latency advantages of big trading firms, nor the gazillion PhDs they employ. There's absolutely no way you are going to consistently make money, let alone $200k/year. At best you'll get lucky and think it's skill.
What's difficult is getting a higher rate of return.
$200k is totally doable with $2M investment capital and a bit of disciplined options trading.
Re: NautilusTrader: Open-source algorithmic trading platform
#26Re: NautilusTrader: Open-source algorithmic trading platform
#27A long time ago I figured out the difference between a Trader and Investor and realized I am very much the latter. After a few years this realization lead to my wealth increasing.
Yep, it’s amazing how many people seem to get sucked in by the idea you can reliably make money as a solo/small trading operation.
Re: NautilusTrader: Open-source algorithmic trading platform
#28I've been wading into algo-trading for a little while now. I've read a few books, set up a few strategies on paper trading platforms. Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader. Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
Surely you can't? You don't have the latency advantages of big trading firms, nor the gazillion PhDs they employ. There's absolutely no way you are going to consistently make money, let alone $200k/year. At best you'll get lucky and think it's skill.
Re: NautilusTrader: Open-source algorithmic trading platform
#29I've been wading into algo-trading for a little while now. I've read a few books, set up a few strategies on paper trading platforms. Right now I'm trying to figure out how to consistently make $1/day as a POC exercise. That's it. I did ask the various advanced LLMs the path to earning/clearing $200K/year as an algo-trader. Fun & sobering responses. I'll give the LLMs this -- no uplift in these conversations.
if you could make that much money day trading wouldn't it be scale able and someone else would already make those trades?
Re: NautilusTrader: Open-source algorithmic trading platform
#30Obligatory xkcd: https://xkcd.com/1570/