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NautilusTrader: Open-source algorithmic trading platform

nautilustrader.io

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Re: NautilusTrader: Open-source algorithmic trading platform

#61

Post by Kranar »

SilverElfin wrote: post #59
iav wrote: post #36

This is pretty comprehensive. I work at a quant firm, and we don't even have some of this implemented in code. The tricky part is always going to be the integration. Nautilus has its own OMS system, but so does IBKR, and there is no guarantee that they are going to match. For very small funds, running entirely on IBKR platform (or Alpaca if you can live with their constraints) makes sense. For very large funds, you i…

Since you work in a quant firm, I am curious if there are any good public resources to learn about the techniques used by such firms. Aimed at a novice I mean. I’ve always had a curiosity about it, but I feel like whatever I can find is more basic than what is truly being done in production.

There are good public resources but they are expensive. One of the best resources for learning in depth quantitative techniques that is actually legit as opposed to Youtubers telling you how to squint to see patterns in a bar chart is the ARPM, which provides both a week long course and a year long course:

https://www.arpm.co/

It is a very math heavy course, highly technical and requires a great deal of existing math background. But the truth is that you will not be able to do much quantitative finance without that background anyways, so if what you want is a way to gain that math background then just crack open a textbook and get working.

Re: NautilusTrader: Open-source algorithmic trading platform

#62

Post by cosmicgadget »

rytill wrote: post #60
fyrabanks wrote: post #54

Earlier quoted context omitted.

High reward, high risk. I have a day job and don't really want to sweat the details. I have over 140% gain on my long term holdings this year alone--with continued investment and on top of compounding from two decades. I'm quite happy as a Boglehead.

> Boglehead > 140% gain on your holdings this year Choose one.

Generally true but nvda and pltr are normie stocks and can account for these returns from this year.

Re: NautilusTrader: Open-source algorithmic trading platform

#63

Post by adamiscool8 »

jjangkke wrote: post #43

I used to trade options and had about 99.5% success on all my trades The problem is the 0.5% of the time, it erases all the gains made on the successful ones. I'm convinced without information edge or some capital sunk cost edge (for HFT) you are literally just flipping coins when it comes to trading. What's dangerous is fixation on strategies that form after a period of success. All in all, I think just buying stock…

This doesn't make sense. If you had a 99.5% success rate, you could simply use a fixed $ stop and clean up. I agree you need an information edge, but the difficulty of finding one inversely correlates with your scale. Buying and holding is the best strategy for almost everybody - but that is orthogonal to whether trading is a "coin flip" vs mining an edge.

Re: NautilusTrader: Open-source algorithmic trading platform

#64

Post by cosmicgadget »

01HNNWZ0MV43FF wrote: post #53
cosmicgadget wrote: post #49

Earlier quoted context omitted.

Held stocks provide minimal gains. Perhaps a bot to sell calls. Then your main risk is wiping out potential upside as you cry into your pile of realized gains.

> minimal gains Vanguard says I've had a 12% rate of return. I guess I could have done active trading if I'd gone on fewer dates

Realized return or portfolio growth?

Re: NautilusTrader: Open-source algorithmic trading platform

#65

Post by mtlynch »

jjangkke wrote: post #43

I used to trade options and had about 99.5% success on all my trades The problem is the 0.5% of the time, it erases all the gains made on the successful ones. I'm convinced without information edge or some capital sunk cost edge (for HFT) you are literally just flipping coins when it comes to trading. What's dangerous is fixation on strategies that form after a period of success. All in all, I think just buying stock…

>I used to trade options and had about 99.5% success on all my trades

Do you mean this literally or is that an exaggeration for effect?

I'm not sure how you'd do that unless all your trades are like selling a put with a $50 strike price expiring in a month when the stock is trading at $100.

Re: NautilusTrader: Open-source algorithmic trading platform

#66

Post by SilentM68 »

I understand that most, if not all, are in the business of making money. A platform that is sorely missing is an interactive, teaching platform for trading which has suggestions on what to trade, how to trade it, why to trade it and when. A platform that teaches the art of trading without risking any capital, by providing trading simulations, using real-time pricing of as many asset classes as possible. I think people would pay a reasonable price to learn, and gain confidence. I tried to trade on my own and ended up losing, in the end.

Re: NautilusTrader: Open-source algorithmic trading platform

#67

Post by er4hn »

augment_me wrote: post #51
jjangkke wrote: post #43

I used to trade options and had about 99.5% success on all my trades The problem is the 0.5% of the time, it erases all the gains made on the successful ones. I'm convinced without information edge or some capital sunk cost edge (for HFT) you are literally just flipping coins when it comes to trading. What's dangerous is fixation on strategies that form after a period of success. All in all, I think just buying stock…

Have exactly the same experience as you. Had a period in my college days where I had a neural network running that could successfully trade on patterns of periodicity of non-chaotic windows of the asset. But as soon as the system would go back to being chaotic, and there was no way to identify WHEN the system was chaotic and when it wasn't, the trades would go to shit and I would lose all gains. I was up about 400-45…

Is this the financial version of the 3-body problem?

Re: NautilusTrader: Open-source algorithmic trading platform

#68

Post by SilentM68 »

jjangkke wrote: post #43

I used to trade options and had about 99.5% success on all my trades The problem is the 0.5% of the time, it erases all the gains made on the successful ones. I'm convinced without information edge or some capital sunk cost edge (for HFT) you are literally just flipping coins when it comes to trading. What's dangerous is fixation on strategies that form after a period of success. All in all, I think just buying stock…

I agree with your suggestion of just buying a stock and holding it, but if AI ever becomes sentient, we may well end up being the commodities in their trading exchange

Re: NautilusTrader: Open-source algorithmic trading platform

#69

Post by [deleted] »

SilentM68 wrote: post #66

I understand that most, if not all, are in the business of making money. A platform that is sorely missing is an interactive, teaching platform for trading which has suggestions on what to trade, how to trade it, why to trade it and when. A platform that teaches the art of trading without risking any capital, by providing trading simulations, using real-time pricing of as many asset classes as possible. I think peopl…

[deleted]

Re: NautilusTrader: Open-source algorithmic trading platform

#70

Post by OutOfHere »

jjangkke wrote: post #43

I used to trade options and had about 99.5% success on all my trades The problem is the 0.5% of the time, it erases all the gains made on the successful ones. I'm convinced without information edge or some capital sunk cost edge (for HFT) you are literally just flipping coins when it comes to trading. What's dangerous is fixation on strategies that form after a period of success. All in all, I think just buying stock…

Try IWM brother.
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