Trading What I see !?

[speedyhamster]

All the big players are automated.

what is a big player in terms of income / year?

if i had to estimate id say 80-90 of the top100 accounts are either fully or mostly automated but i know of a few exceptions.

At least be aiming for 7 figures.

How much exactly?
When do you want the money by?
Are you just aiming for this or will you get it?

[speedyhamster]

what is a big player in terms of income / year?

if i had to estimate id say 80-90 of the top100 accounts are either fully or mostly automated but i know of a few exceptions.

He means traders over 25 stone. They automate their trading so they don't need to get off their couch all day.

It's the manual guys who are welded to their chairs.

rik's numbers look believable. One person can only earn one wage, a rack of servers running multiple strategies on everything 247365 doesn't need to be making much from each trade to do quite well.

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

[goat68]

He means traders over 25 stone. They automate their trading so they don't need to get off their couch all day.

It's the manual guys who are welded to their chairs.

rik's numbers look believable. One person can only earn one wage, a rack of servers running multiple strategies on everything 247365 doesn't need to be making much from each trade to do quite well.

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

[LinusP]

It's the manual guys who are welded to their chairs.

rik's numbers look believable. One person can only earn one wage, a rack of servers running multiple strategies on everything 247365 doesn't need to be making much from each trade to do quite well.

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

[beermonsterman]

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

whatt sort of recording tools would you recommend please sounds interesting is access to API expensive ?

[LinusP]

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

t sort of recording tolls would you recommend please sounds interesting is access to API expensive ?

You need to create your own, search python on here if you want to find some links, access is £299 but join the slack group before you pay

[Trader724]

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

What kind of sorcery is this?

[beermonsterman]

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

t sort of recording tolls would you recommend please sounds interesting is access to API expensive ?

You need to create your own, search python on here if you want to find some links, access is £299 but join the slack group before you pay

Nice one

[Trader724]

Python is easy to learn. It took me less than half a day to make my first pypet.

[beermonsterman]

Python is easy to learn. It took me less than half a day to make my first pypet.

I did think about starting to learn programming but thought it would be a good idea to learn excel basic stuff first ill start to study this tomorrow and see if I can learn the language

[beermonsterman]

I have learnt the fine art of manual trading but putting that into code must be close to impossible for the likes of me who has very little programming knowledge

[Trader724]

Python is easy to learn. It took me less than half a day to make my first pypet.

I did think about starting to learn programming but thought it would be a good idea to learn excel basic stuff first ill start to study this tomorrow and see if I can learn the language

You can do it.

[goat68]

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

t sort of recording tolls would you recommend please sounds interesting is access to API expensive ?

You need to create your own, search python on here if you want to find some links, access is £299 but join the slack group before you pay

Is this the Slack group? https://betfairlightweight.herokuapp.com/

[LinusP]

t sort of recording tolls would you recommend please sounds interesting is access to API expensive ?

You need to create your own, search python on here if you want to find some links, access is £299 but join the slack group before you pay

Is this the Slack group? https://betfairlightweight.herokuapp.com/

Yep

[plasteredric]

Are you saying there are 80 to 90 people, who can write a high number of programs or bots to consistently make money on fundamentally random markets?

do you think the most successful traders might learn to earn compound interest instead of paying it?

They do seem random markets to me, they were totally different today for my bot, another -£6 today...
So that's it, im not going to keep guessing with this bot.
I am going to capture market data and develop a simulator, to back test theories...
So capture data every 2seconds or so..runners prices volume matched vol queued orders...
Please suggest anything you think might be useful?
Thanks

Use the API and record the raw streaming data so you can parse when required and you don’t need to make those sort of decisions, 10 iterations down the line you will start kicking yourself for not having recorded something.

Can this not be done through BA? haven't looked too much into it yet as just starting out.
I read all these posts about programming and can feel my head physically getting tense