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>We gave each of five LLMs $100K in paper money Stopped reading after “paper money” Source: quant trader. paper trading does not incorporate market impact
by chroma205 10mo ago
>We gave each of five LLMs $100K in paper money
Stopped reading after “paper money”
Source: quant trader. paper trading does not incorporate market impact
- txg 10mo agoLack of market response is a valid point, but $100k is pretty unlikely to have much impact especially if spread out over multiple trades.
- zahlman 10mo agoIf your initial portfolio is 100k you are not going to have meaningful "market impact" with your trades assuming you actually make them vs. paper trading.
- a13n 10mo agoI mean if you’re going to write algos that trade the first thing you should do is check whether they were successful on historical data. This is an interesting data point. Market impact shouldn’t be considered when you’re talking about trading S&P stocks with $100k.
- verdverm 10mo agoHistorical data is useful for validation, don't develop algos against it, test hypotheses until you've biased your data, then move on to something productive for society
- tekno45 10mo agothe quant trader you talked to probably sucks.