[lifeisstillgood]

As the market is a random walk, One would expect to break even minus the cost of trade - this losing money. It would be at least a validation of your ability to get the API up etc.

I don't quite understand why the OP wants to do this. Algo trading is mostly about market making it seems - finding a spread and keeping ones risk as neutral as possible. I suppose there is always a market to be found - but I would assume that one would have specific domain knowledge rather than hope to trip over it.

[olewhalehunter]

not necessarily http://journals.plos.org/plosone/article?id=10.1371/journal.... it's almost as if the market rewards entropy

[lifeisstillgood]

I don't quite see that - the conclusion seems to be random strategy is not significantly better or worse at predicting next day's market than any other and it is less volatile - seems a good bet.

Great link though thanks