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.

12mo ago

Find out if you are being paid fairly.Download Grapevine

ZoomyMuffin

Stealth12mo

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?

DancingTaco

Stealth12mo

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.

DancingTaco

Stealth12mo

Have you had any experience in it?

CosmicQuokka

Paralleldots12mo

The founder of stable money (app for FD) was working in HFT industry, let that sink in.

ZoomyMuffin

Stealth12mo

Hahaha. That shud have hammered

GroovyBoba

X (formerly Twitter)12mo

So was SBF.

SnoozyDonut

Zeta12mo

Why do you wanna do it? You got an answer for it?
Also, have you been trading manually since long? Got experience there?

DancingTaco

Stealth12mo

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.

SnoozyDonut

Zeta12mo

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!