Capital needed for algorithmic trading at the retail level

Sig · Sep 19, 2017

Sounds like another example of this

(https://xkcd.com/1570/)

Evermore2017 · Sep 19, 2017

birzos said:
It makes no difference, the figures are the same.

View attachment 176204

The reference for most traders in the top 1% (the ones who make profits) is 1-2% return per month on capital using Hourly timeframes. The smaller the timeframe the more trade opportunities available, but it also becomes exponentially more complex along with associated infrastructure costs. These are institutional grade high probability trades, retail trades in the whipsaws so you can expect on Hourly one trade per day, professional will be one step removed at one per week, but obviously with more losses and higher trade volume.

That is how it works, as your day job you will need $100,000s capital, as a secondary (20%) income you're around the correct starting figure on Hourly timeframes.
More...

Can you explain a little bit more that table?

murray t turtle · Sep 19, 2017

birzos said:
It makes no difference, the figures are the same.

View attachment 176204

The reference for most traders in the top 1% (the ones who make profits) is 1-2% return per month on capital using Hourly timeframes. The smaller the timeframe the more trade opportunities available, but it also becomes exponentially more complex along with associated infrastructure costs. These are institutional grade high probability trades, retail trades in the whipsaws so you can expect on Hourly one trade per day, professional will be one step removed at one per week, but obviously with more losses and higher trade volume.

That is how it works, as your day job you will need $100,000s capital, as a secondary (20%) income you're around the correct starting figure on Hourly timeframes.
More...

%%
Well that chart explains why some do not want profitable daily or weekly/monthly time frames LOL.

Even though more than a few have started with much less than $50,000; we have to look @ what is possible + what is probable. Kim Rhodes made Olympic skeet shoot history; but she shoots 500 rounds per day+ started a a young kid NOT a predicition

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Capital needed for algorithmic trading at the retail level

Sig

Evermore2017

murray t turtle