Re:Show HN: Deploy your own algo-trader in 5 minutes with 0 ...
by keyle on Thursday February 04, 2021 @04:52PM
(#26030221)
Cool.
But be very careful of such apps.
They're all based on historical results and often leave out crucial fees and spread that you would incur in high volatility environment. Nor they account for slipping, missing the bus, buying late etc.
A- if it's to good to be true, it is
B- in a gold rush the people getting consistently rich are the ones selling shovels and buckets.
I'm sure technically wise this app is an achievement and I don't want to take away from that, but when it comes to trading algos: ideas are cheap, execution is everything. And you won't beat the big boys at this game.
Re:Show HN: Deploy your own algo-trader in 5 minutes with 0 ...
by jdminhbg on Thursday February 04, 2021 @04:54PM
(#26030242)
The front-and-center portfolio is the "Boglehead" three-fund portfolio, which is stock/bond index funds. It's not exactly the too-good-to-be-true gold rush model.
But be very careful of such apps.
They're all based on historical results and often leave out crucial fees and spread that you would incur in high volatility environment. Nor they account for slipping, missing the bus, buying late etc.
A- if it's to good to be true, it is
B- in a gold rush the people getting consistently rich are the ones selling shovels and buckets.
I'm sure technically wise this app is an achievement and I don't want to take away from that, but when it comes to trading algos: ideas are cheap, execution is everything. And you won't beat the big boys at this game.