Show HN: Trade stocks from the command line with no commission

Post by srazzaque » Tue, May 19, 2020, 2:06 AM UTC

daniel-levin wrote: post #145

srazzaque wrote: post #45

(Disclaimer that I'm working on an open source FIX engine in Lisp.) This is a really cool project! But alas I couldn't use it as I'm not in the US, and I don't trade with Alpaca. And I feel like this plays into a negative trend I'm seeing. The retail brokerage market right now is treading on similar 'mistakes' in institutional markets 15ish years ago. Proprietary APIs were prolific, and therefore increased switching…

I have implemented FIX for a living for a few years. It’s fragmented beyond belief. You can have different standards for different parts of the same brokerage. You have to do separate conformance tests for different asset classes at the same (big, well known, reputable) broker. The proprietary APIs like Bloomberg’s provide additional value rather than being alternatives to FIX. Make no mistake: you cannot interchange…

Post by proverbialbunny » Tue, May 19, 2020, 5:02 PM UTC

Vindicis wrote: post #18

proverbialbunny wrote: post #7

A problem I've bumped into with Alpaca compared to other services is my bot needs 1 second bars, and I believe Alpaca goes down to 1min bars and nothing smaller.

Couldn't you just make your own off the tick data you're streaming?

Post by optymizer » Tue, May 19, 2020, 5:47 PM UTC

OkGoDoIt wrote: post #155

optymizer wrote: post #24

Beginner question on a related topic for those of you more knowledgeable than me: Is there a way to get access to the order books on Nasdaq or other exchanges? I'm working on a script that can run stock trading algorithms (and hopefully see some profit). My first trading experience was with crypto on GDAX (now Coinbase Pro). The order book on GDAX is basically available via their API. I've been looking at various sto…

Check out interactive brokers. You have to pay for the market feeds but it’s all available via API. It’s a completely horrible, painful API, but it’s the only way I found to get the data as a hobbyist. There’s a process where you certify that you are a non-professional trader and they give you access to the data feeds for a reasonable price. I’m working on a similar project, in case you’re interested in swapping note…

Post by proverbialbunny » Tue, May 19, 2020, 5:56 PM UTC

larrykubin wrote: post #10

Shameless plug: I started a YouTube channel on this topic that covers a lot of commission free trading API's, including Alpaca (got featured in their docs), Robinhood Private API, TD Ameritrade, Tradier, and more. I'm seeing a huge growth in interest in developing automated trading bots and algos. With commissions dropping to zero, there is a huge wave of day/swing traders that want to learn Python, so am creating as…

Post by mesika » Sat, May 23, 2020, 1:56 AM UTC

phyalow wrote: post #82

nelaboras wrote: post #54

Earlier quoted context omitted.

IB doesn't seem to be commission free though.

IBKR Lite is in the US, IBKR Pro in Aus etc is not.