[HN Gopher] Algorithmic Trading: A Practitioner's Guide
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       Algorithmic Trading: A Practitioner's Guide
        
       Author : ingve
       Score  : 47 points
       Date   : 2023-02-12 20:44 UTC (2 hours ago)
        
 (HTM) web link (henrikwarne.com)
 (TXT) w3m dump (henrikwarne.com)
        
       | maest wrote:
       | The best book that I've read on order execution was "Algorithmic
       | Trading and DMA". [0]
       | 
       | The book is kind of old now, but it was written by Barry Johnson,
       | who worked at Morgan Stanley on their algo trading team.
       | 
       | The book is kind of dry, but very thorough and clear on its
       | concepts. It reads more like a university text book than anything
       | else. It just goes through concepts one by one, chapter by
       | chapter.
       | 
       | [0]: https://www.amazon.co.uk/Algorithmic-Trading-DMA-
       | introductio...
        
       | kilgnad wrote:
       | How would I implement algorithmic trading at home? And would this
       | be a viable idea if I knew what I was doing? Has anyone done this
       | successfully?
        
         | wojciem wrote:
         | There are platforms like alpaca.markets that deal with all the
         | infra-aspects and allow you to concentrate on the algorithm
         | part.
        
       | mistrial9 wrote:
       | A colleague here tried to break into the trading world as an
       | adult. He had a reference to be a member with a small cozy firm
       | where his accounts could be held. He got "direct market access"
       | (?) with a trading terminal that he said was good quality. Yet
       | when I watched him work for several weeks each day, he was locked
       | out of a SELL order more than once.. it didn't go through in any
       | reasonable amount of time and he ended up losing some client's
       | money and that was sort of the end. I don't know enough to know
       | what happened, but it seemed like he was just pushed aside
       | somehow, despite the cautious and reputable (?) parts he used. SF
       | in the oughts iir
        
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       (page generated 2023-02-12 23:00 UTC)