I wonder how many engineers have replicated the payoff of a dynamically hedged short option without understanding that was what was happening.
You should explain for those of us who know little about finance but are curious!
Neural Net Side Project Makes $3500/mo Trading Stocks
41–50 of 122 posts
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#42I do not wish to be negative, I just think it is very hard to really judge this system without knowing the technical details behind it. Since we are currently in a bull market it could just be a fluke. I did not read anything about backtesting. Have you done that? If so, I take it back :)
Completely agree with you. The amount of backtesting has been very limited and the time frame was pretty short, so there are definitely changes this is a fluke. Confirming this is my main goal at the moment and I don't take any credit for creating something revolutionary.
Good luck! I am rooting for you.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#43Sure, easy to make $3500 / month when the market is on a crazy bull run. Let's see how it does when the market crashes!
I am pretty sure that when that happens, the majority of stock players lose, not only my little side project.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#44Earlier quoted context omitted.
not to criticize you, but this seems to have no logic - "My bot holds a single position from seconds to minutes (sometimes even hours), which makes it more of an automated trader than a high frequency trader" - so your initial investment was less than 25K$,meaning you would be tagged has Pattern Daily Trader with account freeze for 90 days - how does your Algorithm even work with that kind of investment ? Definitely…
Intrinio provides data feed for Indian markets: https://intrinio.com/data/national-stock-exchange-nse-prices As mentioned in the post, I only used it to train the models on, not to get the live quotes for trading.
So you are saying you trained your models on EOD data and your bot performs live trading on live feed from Kite.. Ok, enjoy the Bull Run..
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#45Publication bias is a gigantic problem for amateur FinTech. How many hundreds of engineers tried the same thing and won't get an article on the front page of HN because no one wants to read about mediocre performance? I don't want to sound too skeptical, quantitative HFT is absolutely the future, but if enough people try something that's effectively gambling, some of them are bound to succeed, and those people will g…
> How many hundreds of engineers tried the same thing And you bet your ass if I tried and succeeded I'm not going to come here and brag about it, risking whatever ephemeral edge I had. If I did this, I would do it for dollars , not karma points.
Yeah, he references some good resources, but the post doesn't go into any technical detail. I don't think this article hurts him in any meaningful way. It's not like the basic idea of ML for trading is novel.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#46Publication bias is a gigantic problem for amateur FinTech. How many hundreds of engineers tried the same thing and won't get an article on the front page of HN because no one wants to read about mediocre performance? I don't want to sound too skeptical, quantitative HFT is absolutely the future, but if enough people try something that's effectively gambling, some of them are bound to succeed, and those people will g…
> How many hundreds of engineers tried the same thing And you bet your ass if I tried and succeeded I'm not going to come here and brag about it, risking whatever ephemeral edge I had. If I did this, I would do it for dollars , not karma points.
I have a feeling the author is really much more interested in selling his tech than he lets on in the article. I can't imagine any other reason for going after the press.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#47I do not wish to be negative, I just think it is very hard to really judge this system without knowing the technical details behind it. Since we are currently in a bull market it could just be a fluke. I did not read anything about backtesting. Have you done that? If so, I take it back :)
Backtesting does not mean much. It's easy to make an algo do well yesterday. Very hard to make it do well tomorrow.
I completely disagree. Backtesting matters, especially in HFT. What would you rather have: an algorithm that has performed well on 5 years worth of historical data or one that has performed well in the past 2 weeks.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#48Sorry, but the little content available on the page, the Amazon ads and the very short run time makes my BS detector sound like an air-raid alarm.
Do you have anything beyond "I'm making $3.5k using methods I won't disclose on an initial investment that I won't disclose"? What's your return on your investment? Sharpe Ratio? If you apply your investment criteria in historical data, do you beat the market?
How different is it from the guy who invested his tuition money on Tesla?
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#49Sounds like a fake story: not too much facts, no neural net details, no links to public profile where all the trading happens.
I was trading stocks, it's really easy to fake even videos. You don't even need to fake it - just record everything and publish only successful deals.
If this story is true, it should be confirmed. Otherwise, the article can't be considered as serious.
Re: Neural Net Side Project Makes $3500/mo Trading Stocks
#50Earlier quoted context omitted.
> How many hundreds of engineers tried the same thing And you bet your ass if I tried and succeeded I'm not going to come here and brag about it, risking whatever ephemeral edge I had. If I did this, I would do it for dollars , not karma points.
I have a feeling the author is really much more interested in selling his tech than he lets on in the article. I can't imagine any other reason for going after the press.
Really not. If that was my intention, I would went directly to the source. I was invited to share my story with the sole purpose of inspiring others. I have no plans of selling it whatsoever.