Re:Ask HN: Anyone making money through algorithmic trading?
by anonu on Thursday April 26, 2018 @12:01PM
(#16933075)
Your answer is confusing... it sounds like you traded actively by "scalping" - but you admit that you got lucky via buy-and-hold ... So you didnt get paid on alpha - but just regular beta. Very few people have alpha....
Re:Ask HN: Anyone making money through algorithmic trading?
by aflagatopamoon on Thursday April 26, 2018 @11:48PM
(#16938333)
~0.1% lending bot, ~12% scalping bot, ~7800% algo-assisted technical trading.
The luck was that when you took a BTC profit on alts, BTC would have 5x in the mean time, so you 5x your profits. And even if you made a loss on alts, you'd still break even dollar-wise.
I use an automated inter-day scalping bot and a collection of scripts to help with manual longer-term technical trading or jumping into a P&D for quick profits.
Generating alpha was easier for me than setting everything up. I did not use any complicated model or strategy.
I suppose it will get more difficult, if not impossible, once the big boys jump in, but right now it is a market for makers.