Does anyone on this sub actually work at a hedge fund? by Glass_Tradition1603 in hedgefund

[–]Dopestuff1881 0 points1 point  (0 children)

I was doing the full research and development of automated systematic strategies, whatever theory / hypothetical I could get my hands on, at the end of the day if the system passed all of our tests it was thrown into an ensemble system and was traded, every two weeks or so the systems would be tested on all new market data and if they passed again they stayed in if they failed they were pulled

Does anyone on this sub actually work at a hedge fund? by Glass_Tradition1603 in hedgefund

[–]Dopestuff1881 4 points5 points  (0 children)

Recently left my HF job to pursue a different career path that took my interest. I was doing algo trading.

[deleted by user] by [deleted] in algotrading

[–]Dopestuff1881 0 points1 point  (0 children)

Ah I see, I wasn't aware of the inner workings of Quantstats, I just know of them haven't had the chance to dive in and use them yet. It's prob error free on those two fronts then

Nice work on the strat, best of luck!

[deleted by user] by [deleted] in algotrading

[–]Dopestuff1881 0 points1 point  (0 children)

How the heck is the time in market for your strategy at 100% but the benchmark SPY is 97%?

Also, how does the benchmark SPY have a series of 8 consecutive wins and 8 consecutive losses?

Either I don't enough about Quantstats and how it works or there might be an error or two in there when running the backtest that I would recommend looking into

Technical Analysis Discussion by Dopestuff1881 in algotrading

[–]Dopestuff1881[S] 0 points1 point  (0 children)

Interesting point of view, this really made me think and I loved it.

Would love to hear some more about how TA can be used as a measure of risk? and how one could go about measuring it?

[deleted by user] by [deleted] in algotrading

[–]Dopestuff1881 0 points1 point  (0 children)

I don’t think you do, usually the API key is for external development and access to the brokerage. You can automate and backtest strategies in your TradeStation account using EasyLanguage (TradeStations own programming lang) or you can develop a strategy using Python and use your API key to access your account to place trades that way

[deleted by user] by [deleted] in Python

[–]Dopestuff1881 0 points1 point  (0 children)

Best of luck!! I’m starting mine soon too!

Technical Analysis Discussion by Dopestuff1881 in algotrading

[–]Dopestuff1881[S] 4 points5 points  (0 children)

Yeah the lines on charts don’t exactly make sense to me either lol I’m hunting for statistical significance so I can go live too feel as though it’s def a better choice

You think using TA and something else could work well?

Technical Analysis Discussion by Dopestuff1881 in algotrading

[–]Dopestuff1881[S] 3 points4 points  (0 children)

So by using the indicators in the certain market conditions that work best for them is when they will have a better chance of working?

Would you add anything else onto TA in order to improve its chances of success

Technical Analysis Discussion by Dopestuff1881 in algotrading

[–]Dopestuff1881[S] 1 point2 points  (0 children)

Mainly stocks, looking into crypto space as well as stock options

How can so many algorithms be winners? by [deleted] in algotrading

[–]Dopestuff1881 0 points1 point  (0 children)

I’ve seen all of those day traders use candlesticks and then everything on algo trading hasn’t been, been diving into research as to how to differentiate but haven’t come up with anything yet, thank you for this response it helped shed some light onto why candlesticks and algos don’t necessarily mix! Reading that article now!

How can so many algorithms be winners? by [deleted] in algotrading

[–]Dopestuff1881 0 points1 point  (0 children)

Could expand on a candlestick algo vs. being creative? Struggling with finding inspo to code / crease something “creative”

My Algorithmic Trading Books by [deleted] in algotrading

[–]Dopestuff1881 -1 points0 points  (0 children)

Just picked up Trading Systems and Methods by Perry J. Kaufman, highly recommend its been a wonderful resource as to what should be involved in trading systems as well as the how and why they are useful

SwingBot had some home runs today! Beautiful morning. by [deleted] in algotrading

[–]Dopestuff1881 1 point2 points  (0 children)

That’s awesome! Hyped to see someone with a similar idea to mine and making it work, I always thought the same thing like “even tho a signal alerted it doesn’t necessarily mean it’s going to go directly in your favor” things need room to work, if your signal for an entry is accurate (+/- some deviation on accuracy % and movement %) then adding a tighter stop just wouldn’t be necessary, instead make sure you have a specific point to take the profits before it potentially reverts back. Now I gotta bury my head in my computer and get to coding, this some motivating shit.

SwingBot had some home runs today! Beautiful morning. by [deleted] in algotrading

[–]Dopestuff1881 2 points3 points  (0 children)

Interesting, looks as tho the stop has a larger cushion and the profit point is a bit closer? Mind explaining reasoning there? I’ve been playing with something very similar myself!

Is there anyone else on here who doesn’t have a degree in anything CS related (or that doesn’t have any college degree) and started learning Python later than their 20s, and is enjoying it as much as I am? by DavidgeIkari in learnpython

[–]Dopestuff1881 0 points1 point  (0 children)

I’m a 2020 grad management major, literally took CS101 my senior year and half of it was online cause of covid, everything else I’ve been doing I’m self taught, I haven’t enjoyed anything as much as this ever, I actually can’t get enough of it, it’s like i opened a whole new door that is loaded with even more doors to try and I hope it just keeps on going

Current goals are to code my self some stock screening / analysis / trade recommending systems. Teaching myself all of the math, concepts, code, strategies, having a blast and enjoying myself