LET'S TALK ABOUT ALGO TRADING - Traders Hideout | futures io social day trading
futures io futures trading


LET'S TALK ABOUT ALGO TRADING
Updated: Views / Replies:5,691 / 18
Created: by Trader2016 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

LET'S TALK ABOUT ALGO TRADING

  #11 (permalink)
New York, New York
 
Trading Experience: Intermediate
Platform: MetaTrader
Favorite Futures: ES
 
Trader2016's Avatar
 
Posts: 142 since Feb 2016
Thanks: 20 given, 42 received

Okay, so what are the fundamentals to code into the scripts? We're going to build these right now.

Reply With Quote
 
  #12 (permalink)
Merida, Yucatan, Mexico
 
 
Posts: 101 since Nov 2010
Thanks: 14 given, 57 received

You need to start with a strategy that has an edge. Can you turn it into quantitative instructions that can be coded? How do you enter a trade? What are your stops and targets? How do you know when it is not going your way and it is time to exit? How do you manage the trade once you have entered? Code it up and test it backwards and forwards. Don't count on "lights out" trading until you know it works without baby sitting. It will take time, lots of it. Many of your test strategies will be losers.


Sent from my iPad using futures.io

Reply With Quote
The following user says Thank You to bradhouser for this post:
 
  #13 (permalink)
CONSTANTINE/ALGERIA (DZ)
 
 
Posts: 44 since Aug 2015
Thanks: 138 given, 6 received


a never found in internet algo trading can win and make money

Reply With Quote
The following user says Thank You to k7ler for this post:
 
  #14 (permalink)
Market Wizard
Gits (Hooglede) Belgium
 
Trading Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,955 since Sep 2013
Thanks: 2,404 given, 5,486 received


k7ler View Post
a never found in internet algo trading can win and make money

Why would somebody offer a profitable algo on the internet ?

1. If you have a profitable algo, you make it work for yourself
2. If you don't have the funds, you can go to a prop shop or open a topsteptrader account
or find a rich friend
3. If your algo is really something huge, you can go to one of the big firms (through introduction
4. If the algo doesn't work, you can still tray to wrap it nicely an try to sell it for 200$ or more on internet

There is offer and demand for everything

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to rleplae for this post:
 
  #15 (permalink)
North Carolina
 
Trading Experience: Beginner
Platform: NinjaTrader, Tradestation
Favorite Futures: es
 
Posts: 644 since Nov 2011

Some people will sell working systems. I am thinking of selling some of my systems off. The reason a developer might sell a working system are:
  • Not enough capital to trade it or need to raise some money
  • Too similar too other systems, i.e. developer doesn't need any more mean reversion systems
  • Tired of taking risk or doesn't have a risk appetite.
  • Stoke fire to develop new and improved systems.
  • Just to see what happens, curiosity. See how long it takes a working edge to quit working when shared with public. Perhaps it would yield useful information or not.
  • To encourage competition against your adversary. Think if you're not an HFT trader then what's the best thing to do? Share everything you know about HFT. Encourage others to trade HFT. Drive profits to zero.

I have also seen profitable systems published for free. The reasons are usually either to (1) promote themselves or demonstrate their capabilities to hedge funds or other investors or garner reputation among peers, (2) academic mindset, (3) desire to collaborate or find other traders/developers who will offer them value, (4) a desire to share as part of their working process.


Last edited by tpredictor; August 18th, 2017 at 12:51 PM.
Reply With Quote
 
  #16 (permalink)
New York, New York
 
Trading Experience: Intermediate
Platform: MetaTrader
Favorite Futures: ES
 
Trader2016's Avatar
 
Posts: 142 since Feb 2016
Thanks: 20 given, 42 received

Okay okay okay, I want to start it today. How do I turn my trading rules and conditions into auto trading?

I don't want to leave bruises and ER patience, but really what's the use of this thread if it doesn't say where to even take the first step?

First Step?

Reply With Quote
 
  #17 (permalink)
New York, New York
 
Trading Experience: Intermediate
Platform: MetaTrader
Favorite Futures: ES
 
Trader2016's Avatar
 
Posts: 142 since Feb 2016
Thanks: 20 given, 42 received

Just buy an elite membership for $100 to get to the algo trading forum. I found it just now.

Reply With Quote
 
  #18 (permalink)
North Carolina
 
Trading Experience: Beginner
Platform: NinjaTrader, Tradestation
Favorite Futures: es
 
Posts: 644 since Nov 2011

3 Steps. Learn easylanguage, study statistics, and study markets.

Reply With Quote
 
  #19 (permalink)
Market Wizard
Wiltshire, United Kingdom
 
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 694 since Sep 2013
Thanks: 1,354 given, 1,156 received


tpredictor View Post
  • To encourage competition against your adversary. Think if you're not an HFT trader then what's the best thing to do? Share everything you know about HFT. Encourage others to trade HFT. Drive profits to zero.

Amateur adversaries that aren't going to make any difference anyway. Professional trading firms aren't going to be giving stuff away to encourage competition.
If you're not an HFT trader then what useful information are you going to have to share and how would not doing something encourage others to do it?
Profits are never going to go to zero because somebody starts marketing a Metatrader4 Expert adviser for $199, "Trade at Home like an HFT" or some other amateur program becomes available (point1). There will always be profit especially with market maker rebates and absolute minimal costs from capped commissions and exchange membership, or rebates when trading stocks. I am probably a little wrong with the terms but the point is clear. The only differentiator between which professional firm gets the most profit is the one that has spent the hugest amount of money in software design, computers and paying for their servers to be that fraction of a metre closer to the exchange than their competitors.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to matthew28 for this post:

Reply



futures io > > > LET'S TALK ABOUT ALGO TRADING

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: Suri Duddella (TBA)

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
SPY for algo day trading jefforey Stocks and ETFs Trading 6 November 11th, 2016 03:56 PM
Algo Trading bughatti Traders Hideout 12 March 14th, 2016 07:28 PM
Algorithmic Trading (Algo) rleplae Terms (Glossary) 0 December 12th, 2015 09:46 AM
Advice on Algo Trading scrambled2 Stocks and ETFs Trading 2 May 22nd, 2014 07:50 AM
Algo Trading - Best Platform? njetty Platforms and Indicators 7 October 19th, 2012 05:35 AM


All times are GMT -4. The time now is 05:26 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts