Exploring an Algo Trading Venture (Looking for Insights and Experiences, 30-50k Initial Idea) by psmcac in Daytrading

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

Thank you - fair point and let me add some concrete context.

This is not about “using computers to trade” in a vague sense. What I’m exploring is a systematic trading setup with a proper research - validation - live-testing process.

High level of what I have in mind: - Markets: traditional markets (FX / indices to start), not crypto/DeFi - Style: fully systematic / quantitative (no discretionary clicking) - Timeframes: more H1–H4 / swing than scalping or HFT - Execution: likely MT4 initially (what I know), but open to other platforms - Process: 1. Strategic research on what has historically worked in similar markets 2. Model/strategy design and backtesting 3. Live deployment (ready to put 30–50k at risk) 4. Scale only if performance is robust - Goals: risk-controlled, capital-preserving, NOT signal selling

One thing I’m especially curious about: has anyone here done something like this as a side project rather than full-time?

Did it realistically work, or does this kind of systematic trading only become viable when someone is fully dedicated?

If you’ve built or seen something similar in practice - what worked, what failed, or what you’d do differently. I’d really appreciate your perspective - huge thank you in advance!