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by tudelo 2956 days ago
Is there any way you can give more details on...

Where you trade? What sort of trades? How much capital to start doing something like this?

1 comments

I have been using Questrade for a while (I’m from Canada) but they are closing their API so I will have to switch to Interactive Broker...

My algorithms are mainly swing/long term, so making a few trades a month. I like to trade and back test ETFs like SPY and SPXL since they have high volumes and are more easy to « predict ».

I started with 10k and it didn’t feel risky at all since it was post 2009 :)

Any resources on learning swing/long term algorithms that you mentioned?
I'm a software engineer and I developed trading algorithms just by playing around and visualizing data. Once you have historical data, technical indicators and a simple back tester, you can test some trading strategies and get feedback quickly. Graphing the output of your tests to analyze the annual return over time also helps a lot to design algorithms.

I have limited financial knowledge but I would recommend reading about technical analysis and technical indicators (This one is short and sweet https://www.investopedia.com/university/technical/) just so you can grasp the basics.