Gyroscopic Investing

Has anyone ever tried using your own algorithm trading? I have an idea that I want to try. If anyone knows a company that allows you to do this let me know and I would also want to the ability to make fake trades to test out the algorithm. And last thing - it could be a lot of trades - like 100 to a 1000 trades a day.

There was something called quantopia but I think it closed down.

If you are a programmer, Interactive Brokers (IBKR) has an API to control its Trader Workstation app. It also has a more serious API that bypasses the app and goes straight to their servers. Their whole business model is high volume trading.

IBKR also supports a paper trading account in addition to your real account.

Caveat Emptor: I assume you understand just how badly this will go against you if you make any sort of mistake in judgement or execution.

API's
Professional Quant Community

Thanks that’s very helpful. It would be with zero leverage with a large cash reserve. So the most I could lose is what was at risk which would not be much to start.

Man, stressful enough being at a job selling electronic products that have firmware bugs we have to fix. I don't know how involved these financial algorithms get but I assume you'll be able to do this in a paper account for a while just in case there's a if/then that sends you in a direction you didn't expect...!

Cortopassi wrote: ↑Sun Jan 23, 2022 1:28 pm Man, stressful enough being at a job selling electronic products that have firmware bugs we have to fix. I don't know how involved these financial algorithms get but I assume you'll be able to do this in a paper account for a while just in case there's a if/then that sends you in a direction you didn't expect...!

Paper trading definitely to start with. Then if I even get to that point AND it goes well. Small money trading. Then who knows.
Lots of if's and AND's

Found a great resource. https://www.youtube.com/watch?v=xfzGZB4HhEE

Cortopassi wrote: ↑Sun Jan 23, 2022 1:28 pm Man, stressful enough being at a job selling electronic products that have firmware bugs we have to fix.

So you're saying you work at Motorola?

That would be OR’s and AND’s

I Shrugged wrote: ↑Mon Jan 24, 2022 9:34 am

Cortopassi wrote: ↑Sun Jan 23, 2022 1:28 pm Man, stressful enough being at a job selling electronic products that have firmware bugs we have to fix.

So you're saying you work at Motorola?

Everyone around me at my current company has at one point or another. I am pretty much the only 40-60 year old who never did time there.