Money Machines – An Interview with an Anonymous Algorithmic Trader
I've been playing with the trading platform Alpaca[1] and wrote some code that essentially pulls trade information (each tick) for a handful of tech companies I am interested in. It's a lot of data, but once I have the data stored, I'm now thinking... Ok now what? I have volume, price, time, and a lot of other metrics.Not sure where to go from here honestly. Should the code evaluate the data in real-time for each trade, or wait to the end/start of the trading day and do some evaluations then make a decision?Obviously, I am not going to be able to compete with the big boys using really sophisticated code (written in a low level language like C), executing in colocation right next to the exchanges, running Apache Hadoop and Spark. Still, I am interested in just tinkering with simple algorithms with the data.[1] https://alpaca.markets/