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[2023-09-09 02:25:51] -!- Topic for #armagetron is "Armagetron Advanced | http://www.armagetronad.org/ | Welcome to IRC"
[2023-09-09 02:25:51] -!- Topic set by ChanServ!services@services.oftc.net on 2022-12-21 00:36:08 UTC
[2023-09-09 02:25:52] -!- larich.oftc.net set mode #armagetron +nt
[2023-09-09 02:25:52] -!- Channel #armagetron created on 2021-04-20 19:56:37 UTC
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[2023-09-09 02:26:05] -!- molybdenum.libera.chat set mode #armagetron +nt
[2023-09-09 02:26:05] -!- Channel #armagetron created on 2021-05-20 17:23:14 UTC
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[2023-09-09 08:22:35] <armagetronbridge> 08discord:delinquent| Sounds like you're well on your way to pretty much implementing it. The nly thing I would suggest is that you don't solely rely on the API. I can almost guarantee you it will miss a significant proportion of news, and opinion on that news. The latter is just as important provided you can adjust for speculative bias, because it not only contributes perspective but may also link ot <clipped message>
[2023-09-09 08:22:36] <armagetron-bridge> 08discord:delinquent| Sounds like you're well on your way to pretty much implementing it. The nly thing I would suggest is that you don't solely rely on the API. I can almost guarantee you it will miss a significant proportion of news, and opinion on that news. The latter is just as important provided you can adjust for speculative bias, because it not only contributes perspective but may also link ot <clipped message>
[2023-09-09 08:22:36] <armagetronbridge> 08discord:delinquent| her events that may be related, but not necessarily relevant in a news context. 
[2023-09-09 08:22:37] <armagetron-bridge> 08discord:delinquent| her events that may be related, but not necessarily relevant in a news context. 
[2023-09-09 08:22:37] <armagetronbridge> 08discord:delinquent| Are you doing dailies though? Because if you want to automate this, you have a chance to do even better than hourlies - maybe even micro trading on a frequency similar to that of the big houses. That's a whole different area though, one I plan on looking at once I have a solid financial foundation for my business
[2023-09-09 08:22:38] <armagetron-bridge> 08discord:delinquent| Are you doing dailies though? Because if you want to automate this, you have a chance to do even better than hourlies - maybe even micro trading on a frequency similar to that of the big houses. That's a whole different area though, one I plan on looking at once I have a solid financial foundation for my business
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[2023-09-09 16:25:11] -!- platinum.libera.chat set mode #armagetron +nt
[2023-09-09 16:25:11] -!- Channel #armagetron created on 2021-05-20 17:23:14 UTC
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[2023-09-09 16:25:34] -!- Topic for #armagetron is "Armagetron Advanced | http://www.armagetronad.org/ | Welcome to IRC"
[2023-09-09 16:25:34] -!- Topic set by ChanServ!services@services.oftc.net on 2022-12-21 00:36:08 UTC
[2023-09-09 16:25:35] -!- larich.oftc.net set mode #armagetron +nt
[2023-09-09 16:25:35] -!- Channel #armagetron created on 2021-04-20 19:56:37 UTC
[2023-09-09 19:08:36] <armagetronbridge> 08discord:delinquent| fucking finally. I dunno why it takes like three reboots to get this firewall working properly
[2023-09-09 19:08:36] <armagetron-bridge> 08discord:delinquent| fucking finally. I dunno why it takes like three reboots to get this firewall working properly
[2023-09-09 19:08:41] <armagetronbridge> 08discord:delinquent| I gotta fix that
[2023-09-09 19:08:41] <armagetron-bridge> 08discord:delinquent| I gotta fix that
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[2023-09-09 22:46:52] <Lucifer_arma> I'm doing dailies because hourly is more expensive in every possible way.  The whole reason I'm doing all this network programming is because the cluster runs a shitload of analyses on each stock symbol, and it's going to get to something on the order of 7-10 jobs per symbol as soon as it updates.  So to do hourly and be completely up to date, I have to process ~5000 symbols with all of those jobs, too, every hour.
[2023-09-09 22:46:53] <armagetronbridge> 10irc:Lucifer_arma| I'm doing dailies because hourly is more expensive in every possible way.  The whole reason I'm doing all this network programming is because the cluster runs a shitload of analyses on each stock symbol, and it's going to get to something on the order of 7-10 jobs per symbol as soon as it updates.  So to do hourly and be completely up to date, I have to process ~5000 symbols with <clipped message>
[2023-09-09 22:46:53] <armagetronbridge> 10irc:Lucifer_arma|  all of those jobs, too, every hour.
[2023-09-09 22:47:57] <Lucifer_arma> right now I'm about to introduce it to 4 jobs per symbol, but it's only running two (not counting the stock price retrieval job, which is an actual job that runs on the cluster, too)
[2023-09-09 22:47:58] <armagetronbridge> 10irc:Lucifer_arma| right now I'm about to introduce it to 4 jobs per symbol, but it's only running two (not counting the stock price retrieval job, which is an actual job that runs on the cluster, too)
[2023-09-09 22:48:40] <Lucifer_arma> then the datasource costs money, too.  It's a $26 subscription for what I have right now, which is unlimited api calls, but a maximum of 25 api calls per minute.  That's plenty of calls, but obviously not enough to do hourly updates.  It'll only support daily updates.
[2023-09-09 22:48:40] <armagetronbridge> 10irc:Lucifer_arma| then the datasource costs money, too.  It's a $26 subscription for what I have right now, which is unlimited api calls, but a maximum of 25 api calls per minute.  That's plenty of calls, but obviously not enough to do hourly updates.  It'll only support daily updates.
[2023-09-09 22:51:53] <Lucifer_arma> but I can still do some light day trading with this.  The plan is to aim for putting in the buy orders when the market opens and putting the sell order at the same time.  Then, if the low price happens before the high price, the trade will complete on the same day
[2023-09-09 22:51:53] <armagetronbridge> 10irc:Lucifer_arma| but I can still do some light day trading with this.  The plan is to aim for putting in the buy orders when the market opens and putting the sell order at the same time.  Then, if the low price happens before the high price, the trade will complete on the same day
[2023-09-09 22:52:40] <Lucifer_arma> also, because of limited computing power, I'm going to be relying pretty much exclusively on technical indicators, standard indicators and anything else I dream up that might be useful (so, standard indicators)
[2023-09-09 22:52:40] <armagetronbridge> 10irc:Lucifer_arma| also, because of limited computing power, I'm going to be relying pretty much exclusively on technical indicators, standard indicators and anything else I dream up that might be useful (so, standard indicators)
[2023-09-09 22:53:03] <Lucifer_arma> so you see why I need a better database :)
[2023-09-09 22:53:03] <armagetronbridge> 10irc:Lucifer_arma| so you see why I need a better database :)
[2023-09-09 22:54:13] <Lucifer_arma> so, the predictions should provide pretty solid high/low prices to work with.  The trading algorithm will then select stock symbols based on technical indicators that have proven to show those stocks are undervalued, and any other possible traits that I figure out
[2023-09-09 22:54:13] <armagetronbridge> 10irc:Lucifer_arma| so, the predictions should provide pretty solid high/low prices to work with.  The trading algorithm will then select stock symbols based on technical indicators that have proven to show those stocks are undervalued, and any other possible traits that I figure out
[2023-09-09 22:54:44] <Lucifer_arma> I'll be writing my own simulation soon to test this algorithm against my own database, and the datasource provider provides a realtime simulation for testing that I'll use to validate my own simulation.
[2023-09-09 22:54:45] <armagetronbridge> 10irc:Lucifer_arma| I'll be writing my own simulation soon to test this algorithm against my own database, and the datasource provider provides a realtime simulation for testing that I'll use to validate my own simulation.
[2023-09-09 22:54:55] <Lucifer_arma> When that's all done, I'll give it some real money and go
[2023-09-09 22:54:55] <armagetronbridge> 10irc:Lucifer_arma| When that's all done, I'll give it some real money and go
[2023-09-09 22:55:07] <Lucifer_arma> (Correction: The brokerage provides the simulation, not the datasource provider)
[2023-09-09 22:55:07] <armagetronbridge> 10irc:Lucifer_arma| (Correction: The brokerage provides the simulation, not the datasource provider)
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