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by zvrba 4492 days ago
> You really have very little chance of success unless you're doing this full time

Heh. I also wanted to play with algorithmic trading, but before doing so, I got a book "Trading and exchanges" by Harris, which was recommended by somebody on reddit.

I have read it only halfways and realized two things:

1. I'd have to do trading (and related activities) as a full-time job in order to be successful (i.e., earn money in the long run).

2. I'd need to spend at least a year's equivalent of a full-time job on learning the necessary background math and algorithms.

I.e., I'd need to quit my job (which I quite like), only to replace it with another set of daily duties.

1 comments

This is true. I think that people should have the capability of being successful, but only if they do approach it like a full-time job. That doesn't, however, guarantee success, even a large operation like the last one I worked for can fail.

If it were easy, and everyone could do it and make as much money as working full-time, without actually working full-time; then everyone would.