Show HN: Deploy your own algo-trader in 5 minutes with 0 code
getquantbase.com
getquantbase.com
I don't like the term algo-trader so much, because these aren't all speculative nor do any of them day or swing trade (like the name may imply or connote). They're more like investment strategies packaged in a box ready to run. They're years of my experience in quantitative finance condensed into runnable models, easily investable and distributable by anyone with or without the specialized financial knowledge or coding experience to do so on their own.
Some, like the pair trading models or the classic section don't seek to beat the market, but try to minimized volatility regardless of market or provide an easy "all weather portfolio" one can save their emotions by happily holding regardless of the market direction.
In the future I want to add more that index FAANG companies, that hedge against inflation, that take advantage of binary outcomes or that focus on income instead of appreciation. In short, many of them beat the market and do so with less risk (look at their Sharpe ratio), many don't because they aren't seeking to.
Their goal is to smooth out volatility, at the cost of performance. Instead of "100% VOO", they invest in a more balanced portfolio like 80% stocks/20% bonds. This means at any given point your portfolio will not have big swings in value, in case you need to withdraw money (like to buy a house) at a sub-optimal time.
On the marketing side... you should let us know how using your service better than just calling up traditional wealth management services who have their own trading systems one can participate in.
I think retail investors like me just need a more efficient algo for getting in and out of stocks... Currently the big players can game the market far more effectively than a single trader just putting in a limit order here and there that gets quickly filled.
The value here we think is mainly the transferability of others skills and strategies, and removing the grunt work.
By getting in and out, do you mean in a physical sense (as in large institutions front-running sell orders, beating retail), or in a technical sense (identifying the ideal time to enter or exit a position)?
Part of me thinks that's a bridge faced when crossed (if plug-and-play strategies don't get much interest, no problem to solve), but my initial thoughts are limiting capital and preventing further investing in a strategy at a certain point. On the other hand "buy and hold top 500 stocks weighted by market cap" is a very common strategy that "still works", it just became the benchmark strategy (and so never beats the market by definition).