5 ms·
This is not even close to an accurate summary. He never stated that he had any employer backing, and he wasn't collecting market making fees. In fact he was pay
by mattyppants 14y ago
This is not even close to an accurate summary. He never stated that he had any employer backing, and he wasn't collecting market making fees. In fact he was paying brokerage fees which is the exact opposite.
- dschiptsov 14y agoHe used his own money to test his algos? Come on. Taking a Machine Learning and Statistics course does not make you a trader. You need something else - access to the system. This is why my guess is that he was an employee.
- oijaf888 14y agoAn employee of what? He states above that he was paying roughly $200/month for a server and $1800/month for the software/data connections to his broker.
- dschiptsov 14y agoPrior to setting up my automated trading program I’d had 2 years experience as a “manual” day trader. - mom's and pap's 401k?
- mattyppants 14y agoNo, he said he backtested them against data he collected from the feeds. He paid for the feeds just like everyone else does with his own money.
- dschiptsov 14y agoFor me it all looks like a bad-written fiction, and the source is just a blog post.
- rafkin98 14y agoAnd that's the beauty of it - take it or leave it.