I know TD Ameritrade exposes public APIs so you can build whatever you want to do with your account. What are some of the other brokers that expose public APIs in US? I am not having any expectations about if I would earn profit out of my strategies. But in the end somehow I can automate my investment and monitor them the way I want. I will have learned a thing or two. Can showcase on my resume. Who knows it may be a success story! I may get a chance to work with people outside of my office settings. I dont expect your experience in trading or investing. We can learn together. Did you build anything? I intend to build something. Would you be interested in joining me? If interested join with me on Slack: https://join.slack.com/t/code-that/shared_invite/enQtOTA2NjQ4MzIwNDIwLWRmMTBjYjE0Zjc3OWQ1MGM5ODRkNTg1MmI4ZDNmYWE4MTY4ZjgyYjg1OTViZDAxNWRkODljNTY5ZWE2MzQ5NWU #stock #trading #investing #algo
Iād be interested, sounds like a fun project
How do you day trade if stock purchase/sale settlement takes 3 days?
I didn't get your question. Its going to be as normal as you do manually.
When you manually purchase or sell stocks brokerage needs 2-3 business days to settle the transaction. In case of algo trading through API how do you overcome this limitation? E.g. buy and sell the same stock within the same day.
Use Interactive Brokers. Best API afaik. Itās what shitty firms that canāt afford their own infra use.
Yeah it's the best available to retail
If you are interested in building it with me join me on Slack: https://join.slack.com/t/code-that/shared_invite/enQtOTA2NjQ4MzIwNDIwLWRmMTBjYjE0Zjc3OWQ1MGM5ODRkNTg1MmI4ZDNmYWE4MTY4ZjgyYjg1OTViZDAxNWRkODljNTY5ZWE2MzQ5NWU
Interactive Brokers also expose APIs for you to do algo trading. What trading strategies are you going to use?
Thanks I will check it out! I tend to use simple ones like super trend, gap up/down, rsi and macd. Once I have the framework in place, I will explore - dry run or back test to see what works best.
Good luck OP. Your algo will be a fish in a shark tank.