Where to begin?

stochastix · Apr 13, 2023

GoldDigger said:
I hate to tell you this, but if you are unable to figure
out how to choose a book on Amazon, then all of this
programming algorithms and trading automatically
business is NOT for you.

Most serious traders do not have ONE (1) book on
trading, but a shelf full PLUS several ebooks on their
computers, and they read and learn all the time.

There isn't some magic book that tells you all there
is to know about trading, since there are numerous
markets (day trades, options, forex, futures),
systems, methods, etc. and it takes years to learn
about trading.

You need to be a strong decision maker in order to
be successful at trading. Nobody is going to hold
your hand while you choose stocks to invest your
money in.

Trading does not require a big investment, but if
you do not have money that you cannot afford to
lose, again, this is NOT for you.

You are overcomplicating something that you do
not seem to understand.

Start at the beginning, like everybody else.
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you sound like a complete jackass

stochastix · Apr 13, 2023

blackriver said:
Thank you all very much. I didn’t realize there were responses. I need to see why I’m not getting email notices.

I have a degree in computer science. One of my graduate students used my simple idea in a class where all of the students competed on an auto trading program assignment. It won the competition by a large margin. So I would like to try it in the stock market and have a small amount of money to use for this experiment. It Is based on the simplest little mathematics axiom.

I will retire soon and this would be a fun hobby. I will acquire a bookshelf of books I expect, but first I just want to learn the mechanics so I can set this idea in motion to see if it works in real life. I’d like to use play money first.

So thank you for the pointers, now I have some avenues to pursue in this project. I Will check in here as I play with this, it seems like a pretty amazing place for talking to smart and informed people.

Thanks,
Jim
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you've badly misjudged this forum, I'm the only one like that here and I only stop by to see how idiotic people are here for the most part and laugh a bit

Robert Edmonds · May 17, 2023

blackriver said:
I have some programming background, and I'd like to try writing a program or algorithm to automatically trade stocks. I need to learn the mechanics of how this can be done. I need access to stock market data, and learn how people connect to the market to do the trading. Hopefully there are approaches that don't require a big investment to start experimenting.

Is there a book, website, or other source you would refer me to to start learing? I see several books on Amazon but it would be good if one of them has a good reputation or is a favorite among experienced people here.
Personally, I've also benefited from exploring open-source libraries like Pandas and Backtrader. They provide efficient ways to handle stock market data and implement trading strategies. Also, I would recommend searching for information on this site https://gradesfixer.com/ here I found a lot of essays on different topics that helped me a lot.
Remember, success in algorithmic trading comes from continuous learning and refining your strategies through backtesting. It's an exciting journey, so enjoy the process, and don't hesitate to seek guidance from experienced traders in forums like Reddit's r/algotrading.
Thanks much,
Jim
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I would recommend 'Algorithmic Trading: Winning Strategies and Their Rationale' by Ernie Chan. This book is highly regarded in the algorithmic trading community. It provides insights into various trading strategies, risk management, and the practical implementation of algorithms.

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Where to begin?

stochastix

stochastix

Robert Edmonds