What do you like to trade?
Discussion
Was thinking of partial bitcoins due to its volatility, but haven’t decided yet
Trading takes years of learning. There are a lot of people selling fake algos. If someone is trying to sell you something, 99% of the time is because they can’t make money in the market but have a half functional system…..
The first question is, how much time do you have per day to focus on the markets? Because even algos have to be monitored
That’s why I was asking. All I could find were sites selling their product so I could make 2000% profit.
Realistically I have about half an hour a day to learn but a good notification system already going so I could intervene in an algorithm within 15 minutes on average.
Also, I’d consider it a win if the algorithm made 1€/month, as that would already pay for the cheapest server with 99,99% uptime I have
Ok then think about what your cost per hour is, then that’s your automatic loss already.
I suggest trading demo for at least 3 months. If you can push through the boredom of no real risk, you’ll find a real strategy. Even algo trading needs a lot of core knowledge.
Guess I’ll setup a test environment to see what I can come up with. You wouldn’t happen to know if there’s an average time lag for trades to go through? I assume there’s a lag, even if there’s someone to accept an offer?
Lag isn’t important with the correct time frame… you have to audit what’s possible then build a system around that…