[HN Gopher] Show HN: Deploy your own algo-trader in 5 minutes wi...
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Show HN: Deploy your own algo-trader in 5 minutes with 0 code
Author : tjs8rj
Score : 63 points
Date : 2021-02-04 21:06 UTC (1 hours ago)
(HTM) web link (www.getquantbase.com)
(TXT) w3m dump (www.getquantbase.com)
| danudey wrote:
| I'm a little confused. I created an account just for kicks and it
| immediately said there were 58,912 people ahead of me and 2,877
| behind me. This means that 2,877 people signed up for the service
| in the time between my account being created and the page
| rendering?
|
| But the number hasn't gone up at all, so me and the other 2,877
| people were I guess part of a huge surge of signups all within
| the same 100ms or so, and no one else has signed up since?
|
| This is quite confusing, and does not encourage trust.
| tjs8rj wrote:
| Sorry, could certainly clarify this better. Everyone who hasn't
| completed any actions falls into the same batch. Providing
| feedback or referring moves you to the next batch.
|
| In other words, those 2,877 people are others who signed up and
| didn't complete any further actions, and are all in the same
| batch for access. Hope this makes more sense.
| bequanna wrote:
| I get the exact same ahead/behind values and based on your post
| time, I'm ~10 mins behind you.
|
| I would guess these numbers are meaningless and only exist to
| motivate you to click the 'Bump me up in the queue' button and
| complete a survey.
| eggbert12 wrote:
| Perhaps update delays due to traffic? I got different numbers
| eggbert12 wrote:
| Don't know how to edit comments, but ahead/behind numbers
| I've made before can be difficult to implement based on the
| actions you want to incentivize so they may just be manually
| updated after reviewing
| asah wrote:
| Kudos. Sorry you have to put up with the haters on HN who are
| probably just jealous of the traders who are cleaning up in this
| crazy market.
| genericacct wrote:
| Strange that the longest running chart on the front page reaches
| back to 2008 only
| tjs8rj wrote:
| Ticker data is expensive! Many of these models have their
| results from live data, but some are just backtests. Relatively
| inexpensive datasets for backtesting at the ticker level start
| at 2008 (unfortunately, obviously, given that considering a
| flashpoint like that is important for rigorously confirming a
| model works).
|
| As soon as feasible, I want to purchase the larger datasets
| that often go as far back as 1985 for a more comprehensive
| picture.
| satellite2 wrote:
| It would be nice. My first impression was that the selected
| models seems very risky and would realy depend on the last
| decade which was probably the best in 70 years. I would like
| to see how they would have performed during a crisis (and
| bonus point for using a log scale on long duration to avoid
| minimizing the past)
| mrleinad wrote:
| Related to that, do you have any recommendations on good
| quality ticker data sources you'd buy?
| Exuma wrote:
| Interesting
| georgebarnett wrote:
| Why would I use an unlicensed app with no description whatsoever
| about the company other than a generic website with up and to the
| right charts?
|
| I don't know what your intent is but this doesn't fill me with
| any confidence whatsoever.
|
| If you took this seriously, you would wait until after you've met
| regulatory requirements to launch.
| tjs8rj wrote:
| Fair points and I take this feedback to heart.
|
| This isn't so much a "launch" as a "show". This is my personal
| library. I've been adding to, maintaining, and using this for a
| while.
|
| My intent is primarily to gauge interest and share something
| I've worked hard on.
| snarkypixel wrote:
| My 2cents: to lower the onboarding, would be great to set it to
| get notification about what /would/ be bought or sold; eventually
| users will trust the system and move some of their money to it.
| edoceo wrote:
| Yea, I make a tool that does this. So, my friends who use it
| just see the historical Actions (buy/sell) and price points.
|
| And one "trick" for backtesting is overlay SPX or SPY or DIA
| (or other favorite) with the results. Maybe it's obvious but
| folks new to the game are really helped by a comp to the market
| visual.
| danudey wrote:
| This is the thing I always think about with these kinds of
| systems, whether someone else's advice or do-it-yourself algos
| or "go here to find this information".
|
| If you follow the advice and record the trades you would have
| made, you can get an idea of if the advice is solid, and you
| can also get a hang for not panic-selling your first dip due to
| new-investor jitters. It also means that you won't follow crazy
| trends (like impulse-dumping everything into GME) because it's
| so obviously an outlier that it won't give you any useful data
| anyway.
|
| When I was in high school there was a faux-stock-trading
| website, they gave you ten thousand dollars in fake money and
| you could fake-buy stocks with it. A great way to play around
| with, and learn about, the stock market with zero actual risk
| or investment required.
|
| I ended up putting everything in Diamond Multimedia at $5 and
| pulling it out the next day at $6, then dumping the rest into
| eBay (within a month after their IPO IIRC) and forgetting about
| the website until one day I logged in and my investment was
| 10x. I patted myself on the back and never invested anything in
| anything again.
| keyle wrote:
| Cool.
|
| But be very careful of such apps.
|
| They're all based on historical results and often leave out
| crucial fees and spread that you would incur in high volatility
| environment. Nor they account for slipping, missing the bus,
| buying late etc.
|
| A- if it's to good to be true, it is
|
| B- in a gold rush the people getting consistently rich are the
| ones selling shovels and buckets.
|
| I'm sure technically wise this app is an achievement and I don't
| want to take away from that, but when it comes to trading algos:
| ideas are cheap, execution is everything. And you won't beat the
| big boys at this game.
| jdminhbg wrote:
| The front-and-center portfolio is the "Boglehead" three-fund
| portfolio, which is stock/bond index funds. It's not exactly
| the too-good-to-be-true gold rush model.
| Closi wrote:
| Hmm it feels like this should be regulated but I don't know
| enough about US law...
| tjs8rj wrote:
| Certainly is! Which is why live-trading isn't enabled just yet.
| This library is my personal one, but the moment you provide
| investment advice or manage other's money you run into
| regulation.
| airstrike wrote:
| Is this an ad?
| soared wrote:
| Isn't all of show hn an ad?
| veb wrote:
| Sure feels like it. One would tend to tell HN about their
| "showing".
| jdminhbg wrote:
| I'd like to see at least a cursory "how it works" section (unless
| I missed it?). Do you plug into the API of some broker platform?
| tjs8rj wrote:
| Good idea. I use Interactive Brokers for most of these to
| execute the actual trading (though may consider Alpaca given
| recent events).
| sub7 wrote:
| Are you funded?
| iwd wrote:
| This seems like a "problem" that shouldn't be solved. If the
| thing keeping you from algorithmic trading is difficulty in
| deploying, you probably have no business doing it.
|
| Cynically, this seems like a way to draw more naive novices into
| the market. As the old saying goes, if you don't know who the
| mark is, it's you.
| blondie9x wrote:
| Vanguard and Fidelity balanced outperform these. Not sure I would
| use this over those choices.
| tjs8rj wrote:
| Hey everyone!
|
| This is a collection of my investment modules - strategies
| codified from my experience in quantitative investing and
| software development. All categorized into a short compendium.
|
| These models (algo-investors as I call them) serve different
| purposes, some just remove the stress and emotion of maintaining
| a portfolio (automated rebalancing, etc), some seek to capitalize
| on binary events (like elections or regulation changes), some
| seek to minimize volatility, some seek to "beat the market"
| (leveraged modules, hedge fund trackers), and some are just fun
| (wallstreetsbets sentiment tracker).
|
| As some have pointed out: these results DO account for slippage,
| and many are showing actual live results (not just backtests).
|
| This is a highly regulated environment (I'm US-based), and while
| not yet registered (in the process), hence why live trading isn't
| allowed yet, the intention is to have live trading available as
| soon as possible.
| endisneigh wrote:
| I recommend the SPY algorithm. Go to whatever brokerage you like
| and dollar cost average by putting in 1/365 your budget daily in
| SPY.
|
| Zero fees, and you can set it and forget it!
|
| In all seriousness the Boglehead strategy looks neat, I'll take a
| look. Is it difficult to start an ETF? Seems like all of these
| should just be ETFs you can purchase at any brokerage.
| tjs8rj wrote:
| Glad you recognize this fact. Love explaining the SPY as "rank
| public equities by revenue, take the top 500, then weight by
| market capitalization".
|
| Starting an ETF is highly regulated, this differs in that these
| algorithms just manage your money interfacing with the public
| market rather than moving in ETF. Less regulation, but
| encounters tax implications (hence the less frequent trading of
| these models) among other things.
| andoriyu wrote:
| If we're talking about long term investment than dollar cost
| averaging is about the same as lump sum on January 1st.
|
| As for starting an ETF... Well minimal capital requirement is
| 100k, to launch it's probably 300k total investment. Then there
| is a lot of legal requirements and obligations. Whole process
| is at least 6 months
|
| I guess it depends on what's your goal. Some brokerages let you
| create a bundle of stocks and share them publicly or privately.
| Which is sound more like what you want.
| [deleted]
| bgirard wrote:
| Doesn't the research support time in market producing better
| value over cost dollar averaging?
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(page generated 2021-02-04 23:00 UTC)