Algo trading really needs a different mindset approach
Want daily profit
2-3 continuous loss days
Doubt starts
Expand timeframe
Big picture: profits are bigger and losses are small
Very difficult to adapt to this psychology
I am 80% adapted now
#nifty#sensex #algotrading
I realised whenever I am driving long distances with no screen time no distractions… my mind somehow starts thinking about ideas around my algo platform and strategies… and it actually helps most of the time
Today’s idea: Sensex premiums behave differently than index spot… then why to monitor index instead of premiums for entries in option buying strategy
Will research and share an update
#nifty #sensex #algotrading
I realised whenever I am driving long distances with no screen time no distractions… my mind somehow starts thinking about ideas around my algo platform and strategies… and it actually helps most of the time
Today’s idea: Sensex premiums behave differently than index spot… then why to monitor index instead of premiums for entries in option buying strategy
Will research and share an update
#nifty #sensex #algotrading
@Loserrajesh Thanks for this update. I am least bothered about him but I know many people might be in the same boat like him so just an awareness gyaan for them
This post popped up.
Visited profile.
Felt too sad seeing this person lost everything in F&O and now daily sharing his struggle with no cash and loan agents running for him like anything
I again strongly request to newbies in stock market - Never ever try F&O - do not get carried away by seeing fancy profits of others
ITS A SWEET POISON - YOU WILL DIE SLOWLY DAY BY DAY TILL YEARS
#nifty #sensex #sharemarket #fno
Meri aisi condition ho gayi hai ki kya bolun... school fees bharna toh door, ghar chalana bhi mushkil ho gaya hai. FNO ki ek galti ne meri zindagi se sab kuch cheen liya. Jo paisa, sukoon aur umeedein saalon mein jodi thi, woh kuch saalon ki share market trading ne khatam kar di.
@thearslaniqbal Exactly. I bet even a 5yr experienced techie can’t implement a production grade application using AI… there is a difference between creating a prototype and an actual app…
It took me 4 months to create my own algo trading platform.
Using Claude to create a strategy is simple, just an hour job but there are so many technical design components which actually takes tech knowledge to implement them.
Claude can implement anything but you really need some tech knowledge about what to ask eg caching, multi threading, db queries optimisation etc to make your application production grade
First 4 months I just focused on creating my platform and now I am just focusing on creating AI driven strategies. My platform can handle huge load, has a lot of features, accurate backtesting engine, supports multiple brokers etc
#claude #nifty #sensex #algotrading
Lost 20% today
Fought with my algo till 2am last night whether to use 15 lots today or not, covered all scenarios, did deep reasoning, everything was in sync BUT today was just an unlucky day when algo was supposed to end in loss and I was trading with 15 lots
You may ask why I did not trade with less lots?
Because my algo was designed and dependent on lots, more lots had different dynamic logic as compared to less lots
Will it stop me to use this algo?
No, because I am sure backtest and live are matching 100%. It has huge potential, today was just a bad day. Algo had no fault, it played its game well.
#nifty #sensex #algotrading