Why is there NEVER discussion of Trading Bots

[RLChadington Thundercock No.20800677]

I'm looking at this bullish market and see so much opportunity in the crab stages of coins

And I'm looking at Binance API's and it's pretty straight forward to work with...... I know elite traders use all kinds of various AI's and ML systems...... Has everyone really just wrote it off as "too good for us"?

Now currently my focus isn't on an all powerful self sufficient bot, but one that can be set manually to bullish/crabbing coins for a few hours, as identified by the Investor.
Retarded pipe dream or ahead of the curve for a non-elite?

[RLChadington Thundercock No.20800733]

shameless self bump because I'm honestly baffled that there's not even rare autistic threads about it....

[Anonymous No.20800747]

>>20800677
because it's easier to program and run a scam than to program a decent working system. also goose with the golden eggs etc

https://zorro-project.com/manual/en/tutorial_scam.htm

[Anonymous No.20800800]

>>20800677
checked btw, would you like to buy my course to learn how to be an investor like me?

[RLChadington Thundercock No.20800838]

Also, I can't wait to use my RLC to access the best AI and ML training models at the lowest prices powered by the global supercomputer.....

Any average person will soon be able to train AI and ML systems to top 1% efficiency and accuracy..... Utterly game changing for society in general not even just this market....

[RLChadington Thundercock No.20800870]

>>20800800
dude I've been rolling 7's of dubz almost exclusively. Swear to god Link is going to $77 EOY minimum

[Anonymous No.20800910]

>>20800677
also not to spam, but maybe 3c.exchange for a simple free premade with binance checkout mooninpapa on youtube for setup advice.

Zorro is also free btw

[Anonymous No.20800914]

Professional quant trader here (I work at a systematic futures prop trading firm).

If you want to compete with the big boiz (i.e. trading in large size) you'll find it very hard to make good money as a solo trader with retail-level market access. Trading in small size however, you might find that you can achieve reasonable Sharpes as you can just scratch the surface of the order book and you wont need particularly high accuracy to get positive returns.

Of course, all of this assumes that you are a reasonably intelligent person and not just an unemployed brainlet who has lots of time on their hands.

[RLChadington Thundercock No.20800927]

>>20800747
Definitely agree, the market for scam bots is much bigger and easier to get into.... still though I figured I'd hear rare discussions from autists every once in a while.

[Anonymous No.20800990]

>>20800838
do you know of two sigma? or purchasing order flow? the big boys still have their advantages but they tend to play ML against eachother (similar to repo trading with banks)

[RLChadington Thundercock No.20801017]

>>20800910
spam all you want if you're going drop any kind of info related, I'm very interested in this project just to test and build my own skills further...

Blockchain and Crypto API skills are only going to keep increasing in demand.... Blockchain specialists already don't make less $250,000/yr and that's actually the low end of the pay scale

[Anonymous No.20801043]

>>20800838
I can do this already with AWS or Azure, all without exposing myself to either market risk (from holding RLC) or massively fluctuating computing prices (from buying RLC as and when I need it)

[Anonymous No.20801087]

>>20801043
iexec will be cheaper and have MMP (eliminates volatility for users). Weak FUD

[RLChadington Thundercock No.20801110]

>>20800914
Appreciate the info mate. So you only deal in quant? I'm assuming they just have people/teams assigned to 1 asset for accuracy?

Sorry I'm actually a pretty uneducated fuck when it comes to trading futures

[Anonymous No.20801154]

>>20800747
tbf this article is old. Alot of people are making things, im a kiddie and barely learnt anything so i cant give build advice.

>>20801017
i see the vision, but my brain is fucked. I need to get it sorted to start being able to learn again.

>>20800914
champion. did you study formally or teach yourself?

[RLChadington Thundercock No.20801168]

>>20801043
iExec is confidential so you can monetize your data. Right now AWS can see ALL data going through it, and therefore makes the data near worthless to the original company
iExec will also be cheaper and more powerful, as it's literally the entire planet as a supercomputer grid

You had 19 years dude [pic related]

[Anonymous No.20801234]

>>20800914

I'm definitely not the smartest guy or the best programmer.

But I can program, and I have a masters degree in AI. I spend a large part of 2017 trying to built bots to trade crypto.

It is much harder than you think. Trust me I have back tested a ton of different algorithms on various types of historical data. From price data across exchanges, to tracking large numbers of wallets, to tracking social media posts.

And even if you do get an algorithm to work. Typically they will only work for a small period of time. Something like covid happens, or (something much less significant) and it fucks up all the previous patterns and starts a new one.

You are better off just investing in a couple of projects that you truly belief in.

I do think now is a good time to start investing though.

[Anonymous No.20801267]

>>20801168
implying you could run an intercept against it and extract useful information out of big-data set without reversing engineering literally everything

[Anonymous No.20801332]

>>20801234
can you see any operating faults with a platform like 3c outside of the weird fee structure/asset possession aspect?

seems to me a little like the mechanical turk

[RLChadington Thundercock No.20801367]

>>20801234
>And even if you do get an algorithm to work. Typically they will only work for a small period of time
That's my exact, as I've observed everything yo said.
I want my bot to be deployed very briefly, a few hours picked by the User, and just have it do 1000s of tiny swing trades per hour (as fast as the API allows really)

[Anonymous No.20801412]

>>20801367
with chainlink you can go anywhere

[RLChadington Thundercock No.20801432]

>>20801267
wtf are you talking about? it's simply visible to Amazon or any other non-confidential Cloud Computing service (so everyone except iExec)

Like AirBnB can't sell their massive amounts of juicy ass data because Amazon has already scalped it.
Look you're clearly retarded and don't understand iExec. DYOR or stay poor faggot

[Anonymous No.20801553]

>>20801367

The smaller/faster your trades are the more accurate your predictions need to be, otherwise you will get eaten up by fees. It's like poker, eventually the house still wins.

>>20801332
I am not familiar, but if it is being sold it is most likely a scam. No one is going to risk spending thousands of hours to create a working bot just to sell it for peanuts.

[Anonymous No.20801555]

>>20800677
You can try. You have the advantage of low volume = high liquidity, but the pleb volume trading fees should be enough to counterbalance that and jew you.
I know people who have made money with trading bots, but the reason nobody discusses their strategies in concrete terms is that the more people use them, the worse they perform. The large-volume algorithms (e.g. exchanges themselves) will go out of their way to obfuscate their trades.

[Anonymous No.20801566]

>>20801110
Quant isn't an asset, it's short for quantitative lol. Just means I make trading algos.

Asset class place to place. Where I work, teams have free reign to trade pretty much anything they want. Most teams tend to have a more specific focus though, such as energy or FX.

>>20801154
I studied Physics/Maths up to master's level then started working in finance.

[RLChadington Thundercock No.20801721]

>>20801566
lmao thought you meant Quant like the QNT coin/project. Thanks for clarifying, may the gainz be forever in your favor

[Anonymous No.20801943]

>>20801432
nvm i thought you were talking about something more egregious than transaction data

[Anonymous No.20801971]

Hi friend. I've been pondering this, and arbitrage trading on and off in recent months.

At one point I did code up a Java application which had very simplistic algorithms - basic basic buy if something is low, sell if something is high - applied to 10s or 100s of coins, spread out, ideally highly fluctuating coins I imagine.

Yesterday I was looking into the binance API. One thing you could do is code up a bot, and just run it against historical data - see if it would have profited or not. Try tweaking it, and .. take it from there.

[Anonymous No.20802051]

>>20800914
>muh professional
>muh sharpe ratios
>muh volatility is bad
how do Iknow you're a fucking sheep

[RLChadington Thundercock No.20802144]

>>20801971
Myself and many others have found Historical data doesn't work, or we just don't have the proper computing power to make it work

I want my bot to only trade for briefs time periods, at my human choosing based on whatever, and just trade the fuck out of bullish crabbing coins

[Anonymous No.20802209]

>>20800677
Cause the major of idiots that do post get ridiculed thinking they can own the market OR they lose everything everything because they didn't use fucking floating points.

[RLChadington Thundercock No.20802716]

Imagine being the first one to offer a trading bot on the RLC network available for rent though.......

[Anonymous No.20802748]

DIGITAL FUCKING OIL

HAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAH

[Anonymous No.20802752]

Interesting.. Well, not that it affects anyone else but I plan on putting a bit more effort into it and coding it for my own shits n giggles anyway.

Good luck!

[RLChadington Thundercock No.20802818]

>>20802752
Ima make a discord for this shit. I know I'm not the only autist that wants to work on something like this, and regardless of success or not I learn a damn lot from projects like this

It'll be the best kept secret autist project /biz/ has ever seen

[Anonymous No.20803607]

don't forget to join the RLC Fags shitposting discord, a magical place where we shitpost about RLC

https://discord (dot) gg (slash) 4v9eSu

[Anonymous No.20804780]

>>20800838
>Also, I can't wait to use my RLC to access the best AI and ML training models
you don't need a meme coin for that lmao

[Anonymous No.20804852]

>>20801168
>iExec is confidential so you can monetize your data
I don't have any data to monetize... what do you mean?