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24 hrs away to start building your indie automated algo trading

24 hours away to start building your indie automated algo trading



I am 24 hours away from introducing my first LIVE lesson on helping those who want to build out their 
own independent algo/automated trading business. This idea has been spawned by Dr. Ernie Chan's 
first book.
 
I have purposely strayed away from offering any cloud solutions so that you can own and control your own
intellectual trading ideas that only you will see. You also get to own source code as well with
no limitations whatsoever. As part of my first LIVE lesson, I will be highlighting why I choose 
Python which is probably the most popular open source programming language used for both 
quant analysis as well as medium frequency trading.

In fact, I have made an entire video explaining all the details which you can view here.
 
How is this course series unique? 

So you really need to ask yourself why you don't want to miss out on all this. I have purposely kept things 
very simple for all tech newbies who struggle with programming. I have leading retail trading educators 
acknowledging that their businesses are going by the way of the dodo as well. Automated trading is here 
to stay which is taking over the future of all human trading. Do not get sucked into limiting or highly 
expensive black box technology where you will end up spending thousands when you can save yourself
on this course series. Don't believe me? Go through the thousands of articles on my blog 
or hear the stories of those who have chosen the wrong paths of "automated trading."


The most important part of all these LIVE lessons is to take full advantage of my compressed time to
 go over in detail your queries about these type of trading systems. I highly doubt I'll be ever doing
this again as I'll be moving into more advanced topics in a few months. Unfortunately, I will not be
able to address these topics ever again in the near future.

Here are your pricing options

Required to be a ‘Quant Elite Member’


MONTHLY: $97/MONTH: Click here


6 BONUS MONTH FREE Annual: Click here


BIGGEST SAVINGS with 24 BONUS months: Click here

 

What about credibility or third party verification?

Lastly, at the end of my article you will see that I use a third-party service to showcase that my 
community is one of the most successful in the world for trading. No one else uses this type of 
service to validate their claims.

Here is link with that verified third party service of my audience


P.S. As I will moving away from these introductory topics, I will be forwarding those who ask 
these questions to these 200+ topics at my knowledgebase for these  frequently asked questions. 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

More tips on data market feeds and how to start building an algo auto trading system

Here is a conversation on reddit.com which pretty well inspired me tostart thinking about blending my knowledge of technology and financial investment. This was pretty inspiring where an indie software engineer launched his own business. He is now clearing millions. Source is http://www.reddit.com/r/IAmA/comments/9s9d7/iama_100_automated_independent_retail_trader_i/

whatswith_this 1 point2 points3 points 6 months ago[+] (3 children)

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bolln 1 point2 points3 points 6 months ago[+] (1 child)

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locktight 0 points1 point2 points 6 months ago[+] (5 children)

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slaughters 0 points1 point2 points 6 months ago* [+] (1 child)

slaughters 0 points1 point2 points 6 months ago* [-]

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I’m a mathematician/statistician who has some finance experience, and thinking hard about this route. A couple cost questions for you if you feel like it:

(1) At what volume and approximate capital do the commissions get small enough that 2 cents/trade is profitable? eg. IB looks to charge a $1 commission per order minimum. I guess you mean 2 cents/share?

(2) How much does the colo run and at what point in your trajectory did you start using it? Did you start with local machines only?

(3) What do you think the minimum cost outlays on data feeds, colo, etc to not get killed on speed are?

Thanks!

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mejalx [S] 0 points1 point2 points 6 months ago[+] (0 children)

mejalx [S] 0 points1 point2 points 6 months ago[-]

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  1. Checkout the unbundled commission structures.
  2. I started colo’ing within the first few weeks of running as I needed full redundancy.
  3. You can get away with under a grand per month.

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cookiecaper 0 points1 point2 points 6 months ago* [+] (1 child)

cookiecaper 0 points1 point2 points 6 months ago* [-]

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Do you ever do normal and/or longer-term trades separate from the automatic model just because you want to own stock in something?

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mejalx [S] 0 points1 point2 points 6 months ago* [+] (0 children)

mejalx [S] 0 points1 point2 points 6 months ago* [-]

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Yes, I occasionally do trade manually, but it’s totally separate from my main business. I have a couple of speculative trades I put on every month which usually end up as swing trades or short position trades.

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cookiecaper 0 points1 point2 points 6 months ago[+] (1 child)

cookiecaper 0 points1 point2 points 6 months ago[-]

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Thanks for this AMA, it’s been interesting.

I’ve been developing software for a long time. This sounds like something I should do because I have a large portion of the skillset needed. However, I have no formal mathematics training. How necessary is that? Are your models formalized?

Thanks again. : )

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mejalx [S] 0 points1 point2 points 6 months ago[+] (0 children)

mejalx [S] 0 points1 point2 points 6 months ago[-]

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I utilize a variety of robust mathematical methods, so an understanding of statistics I would say has been a good part of my success.

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nash3q 0 points1 point2 points 6 months ago[+] (3 children)

nash3q 0 points1 point2 points 6 months ago[-]

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is there any way to play the game “for fun” or “practice” without much capital? i don’t know anything about real markets since my training is in continuous time macro (solving PDE/ODEs, dynamic programming, etc). however, i’d like to learn the real thing in my spare time. i’m ok with control theory and machine learning. i build models and algos for a living and take stem classes in my spare time. i’d like to test my ability using the “best” metric in life – money.

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mejalx [S] 0 points1 point2 points 6 months ago[+] (2 children)

mejalx [S] 0 points1 point2 points 6 months ago[-]

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You could subscribe to a real-time market feed and just simulate your trading. Alternatively a couple of brokers offer paper trading accounts.

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nash3q 0 points1 point2 points 6 months ago[+] (1 child)

nash3q 0 points1 point2 points 6 months ago[-]

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are either of these pay to play or free?

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mejalx [S] 0 points1 point2 points 6 months ago[+] (0 children)

mejalx [S] 0 points1 point2 points 6 months ago[-]

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There’s various simulators you can get for free. A real-time paper trading account requires you to only open an account with a broker, IB for example has an account minimum of $10k.

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wharmass 0 points1 point2 points 6 months ago[+] (1 child)

wharmass 0 points1 point2 points 6 months ago[-]

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I’m a high school senior applying to college, and I’m interested in doing something similar to your current situation.

What do you recommend majoring in? Computer Science, Finance?

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mejalx [S] 0 points1 point2 points 6 months ago[+] (0 children)

mejalx [S] 0 points1 point2 points 6 months ago[-]

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CS, engineering, or one of the sciences

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!