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/biz/ - Business & Finance

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16402985 No.16402985 [Reply] [Original]

Let's say I want to learn how to do quantitative crypt trading. That means no bullshit like "I bought because it was shilled on /biz/". I just want to analyze trends and act on them fast enough to make a profit. Furthermore, I want to use a functional language like F# or Ocaml to assist me in my trading. What is the best resource for learning how to crypto trade, so that I can take the trading strategies and integrate them into my programming environment?

>> No.16403025

Get out of here with your nerd shit. We're just trying to make money fast.

>> No.16403047

>caring about techniques and tools that much

>> No.16403059

>>16403025
>>16403047
I'm a software engineer and I just want to leverage my tools in crypto so I can make that $$$.

>> No.16403066

>>16403059
Ok autist.

>> No.16403077

>>16403059
Post feminine benis

>> No.16403087

>>16402985
What am I supposed to be considering? How you can learn something? Fuck you.

>> No.16403100

>>16402985
Stop wasting your time and money, hodl bitcoin will net you more. This is sincere advice.

Also software 'engineer'?
You programmed your own OS before claiming you're an engineer I hope.

>> No.16403101

>>16403025
>>16403066
>>16403047
The absolute state of nu/biz/. 95% redditfags and retards.

>> No.16403116

>>16403059
lol coding is the easiest part. Any retard can write software. Also why the fuck would you use some autist language to do trend analysis. you only need that shit if you are doing HFT

>> No.16403119

>>16402985
I think the quant thing is mostly arbitraging between exchanges and market manipulation creating wicks and similar stuff.

Nothing that you could do unless you are trading at least a few million dollars per trade.

>> No.16403121

>>16403100
>Stop wasting your time and money, hodl bitcoin But bitcoin is flatlining. I think it might be reaching equilibrium.

>You programmed your own OS before claiming you're an engineer I hope.
I helped contribute to Facebook's ReasonML project if that counts for anything.

>> No.16403127

>>16402985
==do you not know that btc moves are decided one month in advance by the elite?==

>> No.16403129

>>16403119
>mostly arbitrage
Then how do people make money off crypto? I hear about people looking at candles and wicks. Don't have a huge idea how that works.

>>16403116
Well with F# I can get a CLI language and Azure scalability without having to work in C# or VB.NET.

>> No.16403132

>>16402985
I'm no expert but something along the lines of:
step 1: find predictive variables/ lagged cross correlations from data sets and/or your own assumptions about the markets
step 2: test them on data sets (live or past)
step 3: program
Being a one-man quant team is very difficult afaik. Even in an usofisticated market like crypto. Your time would probably be better spent trrying to make an arbitrage bot for low liquidity crypto markets (but you will most likely fail if you have no experience).

>> No.16403158

>>16403129
>Well with F# I can get a CLI language and Azure scalability without having to work in C# or VB.NET.
lol what the fuck none of that shit matters. Good luck having to write API wrappers in F# and Ocaml around every exchange that you want to trade on, and spending 45 mins going into code and writing out types and shit just to change your strategy to sell based on standard deviation instead of mean reversion

>> No.16403170

>>16403129
This is merely Technical Analysis. What you want to look at is pine script on Trading View.

>> No.16403175

>>16403129
> I hear about people looking at candles and wicks
For 95%+ of traders this is a huge meme and their short term profits are due to variance/ luck.
> Then how do people make money off crypto?
"Investing", getting lucky, arbitrage, trading on news, TA or quantative models (all of these are extremely difficult).

>> No.16403185

>>16403158
So there's no point in writing programs for crypto trading as the strategies will change to quickly?

>>16403170
Oh, is that like a scripting language for a trading platform?

>> No.16403189

>>16403185
Yeah check TradingView, it will allow you to make strategies and back test them.

>> No.16403199

>>16403175
>For 95%+ of traders this is a huge meme and their short term profits are due to variance/ luck.
So it's basically gambling? I know one guy that does this that was basically a poker addict a few years ago. He'd talk about stuff like RSI though... seemed like he had some methodology going into it.

>> No.16403395

>>16403199
If you have some ai knowledge maybe you should try training some neural networks to recognize fractals and see if it can achieve anything good.

>> No.16403427

>>16403199
Having an edge in liquid markets is literally worth tens of millions for wealthy investors/ funds. This field is insanely competitive. Most people don’t realize JUST how competitive it is because variance obscures reality.
I’d say it’s harder to become a long term risk adjusted winning day trader than a chess grand master.
Knowing some basic shit like RSI means nothing.

>> No.16403730

>>16403427
Yeah the places like Jane Street that actually make profit off of quant strategies in any markets hire exclusively top of class Mathematics students from Cambridge and PhDs with groundbreaking research.

Your intermediate languages are not going to make it mate sorry