News for hackers. Stuff that matters.
Re:Coders who trade: Wall Street designs its staff for the f... by dookahku on Friday November 17, 2017 @05:13PM (#15726438)
So how does a mid-level software engineer get into trading? I do paper trading on my own for fun but I'd like to make it a career.
Re:Coders who trade: Wall Street designs its staff for the f... by rb808 on Friday November 17, 2017 @06:14PM (#15726782)
Depends on what you mean. If you're looking at tech trading of stocks from home, quantopian is a great place to start. wallstreetoasis forums for a traditional roles for juniors and people trying to get in.

And just remember its a shrinking area. There are lots of traditional traders that have been laid off and are looking for work.

Re:Coders who trade: Wall Street designs its staff for the f... by blobbers on Monday November 20, 2017 @02:00PM (#15742200)
Is quantopian a viable platform or are you just going to food for the bigger fish in the pond?
Re:Coders who trade: Wall Street designs its staff for the f... by meesterdude on Friday November 17, 2017 @05:59PM (#15726687)
Personally, i am working on building a cryptocurrency trading platform, because the API's are easily accessible - but the markets entirely different in behavior. Still, rolling my own implementations of technical indicators has been pretty insightful, and backtesting has shown whats worked and what hasn't in given market conditions.

but i realize you're probably talking about more traditional markets like FOREX

Re:Coders who trade: Wall Street designs its staff for the f... by odonnellryan on Friday November 17, 2017 @09:32PM (#15727470)
What are you using to backtest? Data you gathered yourself?

Hardest part with backtesting in my experience has been trying to simulate successful buy/sell orders and the fees.

Re:Coders who trade: Wall Street designs its staff for the f... by monkeyshelli on Saturday November 18, 2017 @12:26PM (#15729843)
You can query Bittrex for some data, or you can find some data and a script from here https://github.com/gcarq/freqtrade/tree/master/freqtrade/tes...

Couldn't you bake the fee into the application logic e.g. https://github.com/gcarq/freqtrade/blob/master/freqtrade/mai...

Re:Coders who trade: Wall Street designs its staff for the f... by meesterdude on Saturday November 18, 2017 @12:50PM (#15729925)
> Couldn't you bake the fee into the application logic

You can (and I do as well) - although some proprietary bots have had notable problems with figuring them out.

Re:Coders who trade: Wall Street designs its staff for the f... by alexcnwy on Saturday November 18, 2017 @02:13PM (#15730207)
Fee isn't limited to what you're paying the exchange, you have to take into account slippage - the price you use in your backtests is NOT the price you could actually realistically buy at because as soon as you buy, you move the price (especially in size).

Strictly speaking, you should be incorporating level 2 order book data to properly gauge fees and simulate real world profits from your backtests.

Re:Coders who trade: Wall Street designs its staff for the f... by meesterdude on Saturday November 18, 2017 @12:47PM (#15729918)
poloniex has historical data you can use. I trade on bittrex, but their data doesn't go back very far - enough to do calculations in the now, but not nearly enough to backtest against.
Re:Coders who trade: Wall Street designs its staff for the f... by kasey_junk on Friday November 17, 2017 @06:59PM (#15726975)
Same way you get into any industry. Get a job at a place that trades.

Like any industry it’s best if you have contacts there to get you past the HR gauntlet but even if not they advertise jobs like anywhere else.

Re:Coders who trade: Wall Street designs its staff for the f... by axedwool on Friday November 17, 2017 @05:58PM (#15726686)
I am also interested in the answer to this question.