/biz/ - Business & Finance

Java/C++, Interactive Brokers, Casper, Proprietary.

>>1338536
i am here.

>>1320704
I am an algo trader.

Here are the facts:
> You need a minimum of $30,000.
> Interactive Brokers is literally the only choice.
> It takes 3-6 years to get good at it if you're already a good programmer.
> You'll need to build your own software from scratch.
> Most of the hard work is developing strategies. This is where most people fail.

My advice:
> Read Robert Pardo's book.
> Don't make a "bot," build an Engine.
I'm looking at you, >>1321211
> Read everything you can find about trading. Build a library.

Most important:
> This is a solo mission.
You'll see what I mean if you stick with it.

>>1030773
>>1030777

If you've got reasonable funds, get yourself an Interactive Brokers account. You get a free paper trading account to mirror your real one. Their paper trading is the best out there, period.

They've also got pretty great news wire services, but these days all you need is a Google Alert set for your favorites.

You're never going to find a news source that has something the others don't have. This is the twitter age.
It's more about keeping track of important dates[like tomorrow's jobs number], and keeping a close eye on asia and euro markets. Getting your brain in sync with the pace&happenings of the global markets.

It may sound silly, but I strongly suggest watching CNBC or Bloomberg during market hours. Mad Money is great, too. Jim Cramer is a bit of a clown, but he gives a great top-down view of daily happenings at the top of each show.

I can't suggest any good apps these days. I'm pretty far down the road, running purely on my own software but it's all built on the Interactive Brokers API. Their default platform is great by itself and should be more than you need just to get your feet wet.

Paper trade until you've got a firm grasp on all the mechanics and a good feel for the markets.

>>966245
>>966312
Basics?
> All About High-Frequency Trading by Michael Durbin

>>966373
>>968090
see
>>966690
>>968092

>>968095
Interactive Brokers is the only choice.

>>968066
TA is a yard stick. Contextualizing TA into trading decisions is Strategy.

Baby's First Strategy: wiki/MACD

>>933954
Yeah been doing it for a little over five years now.

>>minimum?
Your only option for a broker with an API is Interactive Brokers. Their account minimum is 10k and the minimum for Day Trading is 25k. So, practically speaking, the minimum to algo trade is around 30k.

>>how different is simulation
Much different. You'll want to create your own simulations that live up to your own standards of realism.

>Merchant schemes.
Most of the books on the subject are garbage, but this is a very real thing for those who want to figure it out bad enough.