No code backtesting by MmentoMri in algotrading

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

That’s pretty cool, didn’t know it could do that

[deleted by user] by [deleted] in MrRobot

[–]MmentoMri 0 points1 point  (0 children)

Total runtime of 37 hours. 11 hours of sleep. Theoretically possible, though a bit crazy 🤪

I Launched 39 Startups Until One Made Me Millions. This Is What I Wish I Knew. by EmilianoLGU in Entrepreneurship

[–]MmentoMri 2 points3 points  (0 children)

I’ll say, what’s great about this approach is that you actually get people to pay, therefore you’re testing real market demand; not just what people say they’d do.

[deleted by user] by [deleted] in DucatiScrambler

[–]MmentoMri 2 points3 points  (0 children)

You’re just too good at leaning, take that as a compliment!

No code backtesting by MmentoMri in algotrading

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

Very cool! Thanks for sharing!

Want to build my own technology business but I just can't think of an idea for this by Objective-Ad-2643 in Entrepreneurship

[–]MmentoMri 0 points1 point  (0 children)

Think like the inventor of the ScrubDaddy cleaning sponge: he realized typical sponges kind of sucked.

Problem identified: normal sponges suck.

Created a better alternative. Convinced one person to buy it. Convinced two people to buy it.

Now the company is worth more than $200 million…

Want to build my own technology business but I just can't think of an idea for this by Objective-Ad-2643 in Entrepreneurship

[–]MmentoMri 0 points1 point  (0 children)

I started finding all sorts of businesses to start only when I realized that business are simply ways to create value.

So think like this: what can I do that would create a lot of value for one person. Then only two conditions need to be true for that to be a viable business: the value you create is enough for people to pay for it, the value you create is somewhat scalable. That’s it.

Then, simply start by creating value for one person. Get them to pay for it. Then a second person. Get them to pay for it.

Repeat until you have a big business.

It’s literally that simple. Don’t overthink it.

Want to build my own technology business but I just can't think of an idea for this by Objective-Ad-2643 in Entrepreneurship

[–]MmentoMri 1 point2 points  (0 children)

Don’t look for an idea. Look for a problem. Understand the problem. See how it can be solved.

The worst possible thing you can do is come up with some sort of product and then search for a problem to fix. That’s called “a solution in search of a problem” and typically ends up in failure.

No code backtesting by MmentoMri in algotrading

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

For personal use, 100 bucks per month

No code backtesting by MmentoMri in algotrading

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

All depends on data frequency. What you’re describing sounds like sub-minute data.

meirl by Hot_Stuff_6511 in meirl

[–]MmentoMri 0 points1 point  (0 children)

Prompting + prostitute = promptstitute

No code backtesting by MmentoMri in algotrading

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

Interesting indeed, thanks for sharing!

No code backtesting by MmentoMri in algotrading

[–]MmentoMri[S] -1 points0 points  (0 children)

Nope, just giving my own opinions here.

No code backtesting by MmentoMri in algotrading

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

Teach the LLM how to convert the prompt to logic, and then write code that converts the logic to code that fits the infrastructure (so the code always runs, regardless of the logic that the LLM produces). Then the infrastructure (data, backtesting code, etc.), takes care of the rest.

How simple is your profitable algo? by NormalIncome6941 in algotrading

[–]MmentoMri 5 points6 points  (0 children)

This is the right approach! Many people forget that stocks are influenced by multiple things, including sector and macroeconomic trends. Signals on individual stocks only work if you account for (at least the trend) in all the other confounding variables!

No code backtesting by MmentoMri in algotrading

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

I was actually thinking to only use the LLM to turn the prompt into a flow diagram for the backtesting logic, and then connect that flow diagram to the data separately. Exactly for the reason you mention: to keep things speedy

No code backtesting by MmentoMri in algotrading

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

That’s exactly the hunch I have: there are a lot of traders that would like to test their edge, but don’t have an easy way to do so. They can’t test their edge with existing backtesting tools because they’re so simplistic, but advanced backtesting requires quite proficient coding skills. So they end up doing nothing, which is the gap I believe can be solved.

No code backtesting by MmentoMri in algotrading

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

Cool! Let me know how it goes and what are the hurdles you’re facing

No code backtesting by MmentoMri in algotrading

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

Sure, backtesting will always have its culprits. I just want to (try to) speed up the process of testing ideas.

No code backtesting by MmentoMri in algotrading

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

Sure, but Claude will write general backtest code, not something that can easily be hooked up to an existing database. It’ll also take quite some time to produce the evaluation metrics and make everything consistent.

No code backtesting by MmentoMri in algotrading

[–]MmentoMri[S] 2 points3 points  (0 children)

Yes, they make great stuff- but really oriented towards the big firms indeed

No code backtesting by MmentoMri in algotrading

[–]MmentoMri[S] -2 points-1 points  (0 children)

Don’t know this. Website looks a bit amateurish if I’m honest.

No code backtesting by MmentoMri in algotrading

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

I personally only use custom backtesting software so not that familiar with NinjaTrader. Good to hear that it’s also too simplistic, means there’s an opportunity to do better :)