General musings from someone in over their head
I guess I shouldn’t call it a “major overhaul”, but that’s the simplest I can put it. Originally I intended on simply adding or re-tooling some of the price conditions my program looks at, and adjust some of the thresholds. But after going through a lot of my code, I’ve found other things that can…
In my previous post, I wrote about how I was paper trading using the picks my program made. Began in mid-December and currently ongoing, all four are currently in the green, with one of them having the luck of the Irish by picking up Novavax mere days before the price blew up. I don’t recall…
It’s been about a month since I’ve posted any updates on my program. Throughout this whole time, I’ve been paper trading with the picks my program makes, and so far with relatively good results. Every night, I download the day’s EOD pricing and then run my program through all the stocks (some stocks are eliminated…
As most of you know by know, there has been a great disturbance in the force. And by “force”, I mean the stock market. On January 22, 2021, members of a then-relatively unknown subreddit called “WallStreetBets” (WSB) came out en force, with their eyes on undermining a massive short position in place by Melvin Capital,…
I’ve been working on my code like a dog this whole time and have made some major progress recently. One major change is to the “decision making” part of the code, the one that decides whether or not to execute a trade. Before, it was a large series of “triggers”, a bunch of if/else statements…
Last week highlights one of the big problems with combining swing trading and computers; sudden, “unaccounted for” changes, i.e. “corrections”. There’s no way to predict how people will react to news, across the board. Sure, if a company posts earnings above expectations, the stock will go up. If politics sour between the US and China,…
As I mentioned previously, I’m not an expert coder or programmer. I’m almost entirely self-taught, what I haven’t learned on my own I’ve learned via more experienced friends that I bug all the time. I use what I like to call “brute force” programming, that is, while I may be able to get my code…
As I manually gather more data for my program to digest, I come across some interesting bits that I hope will help me either be a smarter trader overall, or help me come up with new ideas to put into the program. For now, though, it’s just interesting information that fill up my brain with….
I haven’t explained much about what my program is actually doing (or attempting to do, rather), so I think now would be a good time to do so, if only for posterity. I’m by no means an expert programmer or stock trader; my highest hopes right now is for this to generate me some extra…
Welp, let’s face facts: we’re in a recession. Sure, the markets are pretty much where they were before the Great Stay At Home Order of 2020, but let’s be real: it’s all artificially-propped up. It shouldn’t be where it is, what with unemployment at record highs and businesses closing left and right. So obviously… I…