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Re:Ask HN: What business you can start under $100? by SirLJ on Wednesday December 13, 2017 @12:47PM (#15915872)
Stock trading robots - you won’t make much, but you can dip a toe in the water... After/if you figure it out, you can scale easily pretty much up to millions and more...
Re:Ask HN: What business you can start under $100? by jklein11 on Wednesday December 13, 2017 @02:46PM (#15916973)
Can I buy you a coffee and pick your brain a little bit? I'm not looking for your secret sauce, just looking to hear some of your war stories and learn about how you got started. If you are interested, my email address is in my profile.
Re:Ask HN: What business you can start under $100? by SirLJ on Wednesday December 13, 2017 @03:34PM (#15917416)
War stories are usually not good...

For starting here is my advice: get a small linux VPS or just install python on your laptop, get as much back data as possible, covering at least one market cycle (this will be your initial expense) and start back testing every trading strategy you can find on the net or in books (library) for free...

Never pay for strategies, because they will all fail, but by testing them one by one you'll come up with your own ideas and one day hopefully you'll find your edge...

It's not going to be easy or "get rich quick thingy", but it is well worth it in the end...

Re:Ask HN: What business you can start under $100? by uptown on Wednesday December 13, 2017 @10:06PM (#15919645)
Curious which platform you're writing your Python to trade with.
Re:Ask HN: What business you can start under $100? by SirLJ on Thursday December 14, 2017 @10:12AM (#15922821)
I am using my discount broker's API, pretty much every one now offers an API
Re:Ask HN: What business you can start under $100? by wakkaflokka on Wednesday December 13, 2017 @03:09PM (#15917204)
I wanted to do this at one point with cryptocurrencies.

Use historical pricing data, NLP and comment volume on cryptocurrency subreddits and threads, frequency of search terms from Google analytics, major exchange status (Coinbase, Gemini, Kraken, etc. - whether they are up or down as dummy variables), frequency of crypto-related news, etc. all plugged in as features into models in Python and linked with Gemini trading API.

I started working on it and then got lazy (and bad RSI from being at my computer way too much) and it never materialized. Plus, I guarantee somebody else is doing it, or models like that probably aren't too successful anyway.

Could be fun though.

Re:Ask HN: What business you can start under $100? by muzani on Wednesday December 13, 2017 @10:32PM (#15919740)
Stock trading robots won't make much from $100 either.. maybe a trickle of $2/month.
Re:Ask HN: What business you can start under $100? by SirLJ on Thursday December 14, 2017 @10:14AM (#15922842)
Of course it won't make anything if you count $5-$10 round trip commission, the idea is to use the $100 to start looking into it...

You need money to make money in this world... But if you have an edge, raising money won't be a major problem...