Show HN: I'm building an open-source, high-frequency trading system
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Show HN: I'm building an open-source, high-frequency trading system
1–10 of 198 posts
Re: Show HN: I'm building an open-source, high-frequency trading system
#2Are you trying to get hired by the financial industry, or is there some other reason for doing this?
As you may well be aware, HFT is a scourge on the world's economy, and it's a game only the biggest and best-connected players benefit from.
Re: Show HN: I'm building an open-source, high-frequency trading system
#3Are you trying to get hired by the financial industry, or is there some other reason for doing this? As you may well be aware, HFT is a scourge on the world's economy, and it's a game only the biggest and best-connected players benefit from.
HFT isn't necessarily a scourge - if anything it discourages people from short term investing, which is a Good Thing.
Long term investing isn't affected by HFT, except in providing more liquidity at the point you want to exit any position. If you're planning on holding for 5+ years you're competing against relatively few people and can do good research. Any shorter timeframe and you're competing against millions, against computers and against unknowables that will distort the price in the short term.
Re: Show HN: I'm building an open-source, high-frequency trading system
#4I'm curious about the "best trading platform" claim - what is going to make it better than any other?
Especially as the real High Frequency Traders are busy spending fortunes on placing their hardware as close to the exchange as physically possible.
Re: Show HN: I'm building an open-source, high-frequency trading system
#5You need to do instead of icon-iconname... The links all have icon names in them.
Edit: Ah. It now works only with JS on when putting the icon-name into and not in the class. Sorry for that, seems to be new in Bootstrap.
Re: Show HN: I'm building an open-source, high-frequency trading system
#6You need to do instead of icon-iconname ... The links all have icon names in them. Edit: Ah. It now works only with JS on when putting the icon-name into and not in the class. Sorry for that, seems to be new in Bootstrap.
It's Twitter bootstrap. http://twitter.github.io/bootstrap/base-css.html#icons
Bootstrap V3 has tweaked the way icons are implemented slightly.
Re: Show HN: I'm building an open-source, high-frequency trading system
#7[deleted]
Re: Show HN: I'm building an open-source, high-frequency trading system
#8You need to do instead of icon-iconname ... The links all have icon names in them. Edit: Ah. It now works only with JS on when putting the icon-name into and not in the class. Sorry for that, seems to be new in Bootstrap.
It's Twitter bootstrap. http://twitter.github.io/bootstrap/base-css.html#icons Bootstrap V3 has tweaked the way icons are implemented slightly.
[deleted]
Re: Show HN: I'm building an open-source, high-frequency trading system
#9Are you trying to get hired by the financial industry, or is there some other reason for doing this? As you may well be aware, HFT is a scourge on the world's economy, and it's a game only the biggest and best-connected players benefit from.
No, I'm already in the finance industry. There are two main reasons I'm doing this:
- I think the finance industry is very closed when it comes to intellectual property development, and an open source approach can be seriously competitive. An open approach may well be the future when it comes to being 'connected'
- HFT is an interesting multi-disciplinary problem and the shear breadth of expertise required - modern chip design, low-latency software/hardware interaction, lock-free concurrency, fault-tolerant system design, adaptive learning algorithms, k-means clustering - means I'm learning heaps every day.
I just don't agree that HFT is a scourge. It's an ecological shift (neither good or evil) and longer-horizon investors need to evolve.
Re: Show HN: I'm building an open-source, high-frequency trading system
#10Are you trying to get hired by the financial industry, or is there some other reason for doing this? As you may well be aware, HFT is a scourge on the world's economy, and it's a game only the biggest and best-connected players benefit from.
HFT isn't necessarily a scourge - if anything it discourages people from short term investing, which is a Good Thing. Long term investing isn't affected by HFT, except in providing more liquidity at the point you want to exit any position. If you're planning on holding for 5+ years you're competing against relatively few people and can do good research. Any shorter timeframe and you're competing against millions, aga…
It's weird how this "providing liquidity" distraction never seems to go out of fashion. HFT provides liquidity if you happen to be another HFT algorithm. Otherwise, not so much.
Why would short term investing be bad, and how long do you think HFT algorithms hold their "investments"?
I hope you're not just trying to blow smoke up my ass here.