Algo Trading
Hello folks, I wanted to check if any of the people have tried algo trading and what has the experience been like. What would be the various steps and resources required if I want to start it.
The founder of stable money (app for FD) was working in HFT industry, let that sink in.
majboormajdoor
Stealth
9 months ago
Hahaha. That shud have hammered
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Why do you wanna do it? You got an answer for it?
Also, have you been trading manually since long? Got experience there?
StormKeeper
Stealth
9 months ago
Yes. I have experience of markets for 4 years now.
I see a lot of potential to generate passive returns in equities so I want to explore this.
Oh wow, 4 years is a long time! Thanks for sharing your experience here.
And apologies for asking so many questions, but did you double your investment in these last 4 years? If in less than that, then why do you even need HFT 😄
Just keep trading equities the same way and keep doubling your money every 3-4 years, that'll make you ultra rich anyways with least or no risk 🙌🏻
All the very best!
majboormajdoor
Stealth
9 months ago
Background? Context?
Are you a trader currently? How much capital do you have? What skillsets would you employ? What's your current salary which you would forego? Do you wanna do it full-time or part-time?
StormKeeper
Stealth
9 months ago
I have tried my hand at intra day, swing trading the past. Currently I do short to medium term investing (6 months to 2 year time frame).
I realize that my capability to crunch data limits me in analyzing information of more than a hand ful of companies. So I want to explore alternatives
I want to do it part time for now in addition to day job. I am looking at starting with a capital of 2L and build upto 10L in next 1 year.
StormKeeper
Stealth
9 months ago
Have you had any experience in it?
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