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Comment by sebyddd | Hacker News Reader

Can't disclose the exact capital, but the initial investment was less than the monthly profit.

not to criticize you, but this seems to have no logic - "My bot holds a single position from seconds to minutes (sometimes even hours), which makes it more of an automated trader than a high frequency trader" - so your initial investment was less than 25K$,meaning you would be tagged has Pattern Daily Trader with account freeze for 90 days - how does your Algorithm even work with that kind of investment ?

Definitely feeling like this is faux..

Edit: Some pointed it is an Indian Marketplace - but the article mentions that Initrinio provided real-time data but Initrinio only provide IEX (https://intrinio.com/marketplace/data/prices/realtime)

OP is trading on Indian markets, so there is no pattern day trading rules. It's not made very clear in the article and I was confused for a bit as well.

If he invested less than the monthly profit he it means he making more than 100%. That is pretty insane.

You can make more than 100% going to the slot machine at the casino.

The difference between gambling and trading is not that big. Trading has more ways where you can get an edge over the house, but it is not that different from poker or slot machines.

If you make a million spins of $1 each you will end with $800000 or whatever the state law is regarding payout. In general an index fund will go up since most economic policies are geared toward inflation.

HFT is not an index funds. No relation.

You were talking about stock market vs slots and that is what I am talking about.

You cannot tell me what I was talking about because you aren't me :)

Trading is HFT. For anyone else, you should buy an index fund and never touch it.

Day trading is a really bad HFT and bad gambling.

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.

So you are saying you trained your models on EOD data and your bot performs live trading on live feed from Kite.. Ok, enjoy the Bull Run..

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