Algo trading set up

Discussion in 'Automated Trading' started by dakr, Mar 28, 2022.

  1. RedDuke

    RedDuke

    Any serious algo must run from some high quality data center like AWS, Azure and etc. Otherwise one is asking for serious troubles.
     
    #11     Mar 29, 2022
  2. Your manual trading doesn't run in a datacenter. What's the difference? There's nothing magic about the fact that the computer entered your order instead of your rapid fire mouse finger.
     
    #12     Mar 29, 2022
  3. RedDuke

    RedDuke

    Huge difference between the 2. You probably never ran an algo shop otherwise you would not make such comment.
     
    #13     Mar 29, 2022
    cruisecontrol likes this.
  4. Running my algorithms is actually my full time job these days. Does that qualify as "running an algo shop"? Probably not. In any case my trades are going from the software to the broker without issue and have been for quite some time.
     
    #14     Mar 30, 2022
  5. RedDuke

    RedDuke

    Good luck to you.
     
    #15     Mar 30, 2022
  6. rb7

    rb7

    Redundancy, back-up, VPS server, were not on my priority list.
    My first priorities were:
    1) Be profitable
    2) Minimize period of drawdown.
    3) Automate as much as possible

    I now have my own server at home, with UPS for network gear and server+1 monitor. No automatic backup network link, no automatic backup server.
    The most useful thing so far is the UPS.

    I don't understand people who are looking for VPS for 'retail' algo trading.
    Is it a thing like tattoos where you look bad ass just because you have the look?
     
    #16     Mar 30, 2022
    swinging tick likes this.
  7. RedDuke

    RedDuke

    I agree for small retail, and even then AWS and Azure are cheap. We are managing OPM, and have all of the above.
     
    #17     Mar 30, 2022
  8. aboatya

    aboatya

    it depends on what the algo is doing and the trade volume that's been processed through (more to the algo itself IMO).

    I'd cut as much dependency as possible.
    ps wikipedia co-founder Larry Sanger runs his blog straight from a server in his house...
     
    #18     Jun 19, 2022
  9. A_Syed

    A_Syed

    Back test and use live demo for at least a month. Make sure you add protections for false signals. Make the system modular. I used MQL 5 quite extensively, have linked MT5 terminal to python libraries as well. Very happy with results.
     
    #19     Jul 15, 2022