Pytrader
Finance and crypto
algorithmic crypto trading bot
SHOW HN2016
How HN took it
1 positive, 22 neutral or asking, 0 mixed, 4 critical, out of 27 comments about the project. Thread score -0.17.
Idea: 0 for, 3 againstPerformance: 0 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
Objections
Fees erode profits; a test run with 1 BTC paid about 2.5 BTC in fees and ended lower
From 2 comments
"My test portfolio was initialized with a 1 BTC deposit, and after 2 months and 23,413 trades, exited with 0.955 BTC. The system paid 2.486 BTC in fees to poloniex." I wonder…
dikaiosune on HNRead the readme. Trader is not profitable (yet). Unless if you don't include fees in profitability calculation, which is clearly not a calculation based in a real use case.
ksowocki on HN
Simple buy/hold/sell classification on past price movement is not a convincing strategy
From 2 comments
Hm, not really convinced by the "just classify buy/hold/sell based on an n-lookback" strategy -> Maybe read Ernie Chan's book on algo-trading, or use a more traditional method…
n_mca on HNIt's a velocity-based system, one that looks at recent change history and tries to project into the near future. Those only work in markets where nobody else is doing that. You…
Animats on HN
Open-sourcing a profitable trader makes little sense since shared strategies get exploited
From 2 comments
I can't imagine why anyone would actually want to release a profitable trader. Isn't this kind of a tautologically dumb thing to do?
npx on HNI'm sorry but that's a terrible analogy. The whole point of open-source software is aligning the interests of individual developers and groups to create something that can be…
ben_che on HN
Requests
Add a simulation (paper trading) mode
From 2 comments
I appreciate this.. but why do you do it with real money? Shouldn't be better to allow a "simulation mode" ?
grigio on HNBut if you wanted to add a simulation mode, I'd certainly welcome the PR :)
ksowocki on HN
Support lower-fee exchanges such as Huobi
From 1 comment
Just checked - yeah, on huobi.com it's possible to trade BTC against CNY without any fees. Is it possible to adapt pytrader to huobi?
densmirnov on HN
Questions
Why trade crypto with real money rather than simulate?
From 1 comment
I appreciate this.. but why do you do it with real money? Shouldn't be better to allow a "simulation mode" ?
grigio on HN
Why trade BTC instead of cheaper assets on Interactive Brokers?
From 1 comment
This is quite interesting. Why trade BTC though, when you can just open an Interactive Brokers account and have access to a bunch of cheap assets?
lordnacho on HN
Alternatives named
Interactive Brokers
From 1 comment
This is quite interesting. Why trade BTC though, when you can just open an Interactive Brokers account and have access to a bunch of cheap assets?
lordnacho on HN
Uphold.com for zero-fee trades
From 1 comment
Uphold.com is not exactly an exchange but has 0-fees for member trades for most exchange pairs. Wonder is this could be hooked to it.
627467 on HN
Huobi and BTCChina low-fee exchanges
From 1 comment
Some chinese exchanges such as btcchina or huobi have very low trading fee or eventually doesn't take fee at all. Maybe one of the solutions will be just another exchange?
densmirnov on HN