Ask HN: Do people actually make money writing their own stock trading bots?

5 pointsphiltar1 comment

I read a lot about people writing their own stock trading bots. Do people actually make money that way or is that just a hobby? Anyone point me towards more reading?

I should clarify I mean individuals, not large corporations.

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I built a rather simplistic bitcoin trading bot for myself a year or so ago using a hacked together exponential EMA script. Did ok, turned $2.5k to about $10k, paid off a car loan with the profits after tax. It was definitely a hobby and I'm pretty sure I was extremely lucky. It felt like I was playing with monopoly money at the time so there was no stress.

Also, this is interesting... https://www.udacity.com/course/machine-learning-for-trading-...

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