sebyddd

Joined 11 years ago

Karma
54
Submissions
32
Member since
Mar 6
Doer.

https://twitter.com/Sebyddd

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Recent submissions

Comment · 9 years ago
alva, I found your skepticism very biased. Following your requests, we decided it would help if we address your questions in the interview. Therefore the only edits, where just addition around the 95% claim which seemed to be misunderstood.

Your main claim was that the bot cannot achieve 95% trade success trade constantly, which I undoubtedly agreed to and added more details on this claim.

The edit also provided more details about the platforms that I used along the way, as this detail was overlooked in the initial version of the interview.

I find your claims unfounded and harassing.

Comment · 9 years ago
Appreciate your point of view. First of all, there seems to be a lot of skepticism around this project and I found that surprising. You're saying that if you would get incredible returns from trading you would keep quiet. And therefore you are contradicting yourself by accusing my lack of transparency.

As I was invited to share my story on Indie Hackers, my goal was to provide as much insights into the project, without blowing up the advantage it gives me over a very niche market (NSE). I have absolutely no intention to 'advertise my freelancer business' or 'sell my tech', as someone mentioned. My goal was strictly to send an encouragement message to people thinking of/building something similar, by sharing as much as I can of my project. Faking stories online would be the last thing on my agenda and I find it somehow amusing that some people believe that.

PS: Having to cat a lot of text + csv files while developing this, it was much easier to alias my cat function to use csvtool on csv files and it's regular implementation on other files

PS2: The 'minimalist, ultra-stylish AWS window' is a quick app I cranked in a few hours to see the status of my instances. Not sure what's suspicious here. The window or the the fact that it's stylish?

Comment · 9 years ago
Really not. If that was my intention, I would went directly to the source. I was invited to share my story with the sole purpose of inspiring others. I have no plans of selling it whatsoever.
Comment · 9 years ago
I am pretty sure that when that happens, the majority of stock players lose, not only my little side project.
Comment · 9 years ago
While I do agree with you to some extent, as opposed to gambling, stock market requires technical knowledge. I strongly believe that individual traders stand no chance agains the big players and there may be a combination of luck + favorable stock picks in this case.
Comment · 9 years ago
Intrinio provides data feed for Indian markets: https://intrinio.com/data/national-stock-exchange-nse-prices

As mentioned in the post, I only used it to train the models on, not to get the live quotes for trading.

Comment · 9 years ago
Completely agree with you. The amount of backtesting has been very limited and the time frame was pretty short, so there are definitely changes this is a fluke. Confirming this is my main goal at the moment and I don't take any credit for creating something revolutionary.
Comment · 9 years ago
I do rely on Zipline heavily + other deep learning libraries. I see no point in reinventing the wheel. The stack is mainly Python and C++.
Comment · 9 years ago
Great question! To be honest, I had this idea in mind for a long time and I thought a lot about it before I actually built it. Therefore there is certainly motivation coming from the challenge of creating this and in some ways I think the profit and challenge factors are somehow correlated.
Comment · 9 years ago
I talked about it in the interview. For this first version I used Kite for trading and mostly Intrinio for financial data. Costs vary from provider to provider, but for testing this, I went with some of the least expensive ones.
Comment · 9 years ago
Can't disclose the exact capital, but the initial investment was less than the monthly profit.
Comment · 9 years ago
Absolutely not. As I mentioned in the interview, the progress so far is not by any means a reliable metric and there are many factors that affected it. 4 months is not nearly enough to prove that and so far the bot works well on a very specific niche market. While there may be infinite other better approaches, this is yet another working one, which doesn't necessarily yield the best possible result. I understand your point of view and I completely agree with it.
Comment · 9 years ago
I'd rather not disclose the exact capital for personal reasons, but every month has been profitable so far.
Comment · 9 years ago
No regulatory issues whatsover. Zerodha, the company behind Kite is SEBI registered, therefore standard regulations apply for NSE and the others.

Have not worked directly in finance, but I always had an interest in it. However I accumulated most of my experience in the past year. My recent concerns concerns were based on previously observed patterns and analytical observation.

Comment · 9 years ago
Hey! The maker here. Would be happy to answer your questions on my little side project.

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