Pro Algo Trading | AlgoKing

current setup is working but thinking about upgrades. also might be procrastinating dealing with trading losses. current setup # home server:

after losing $60k in 4 months i finally built risk management that doesn’t suck. what wasn’t working # my “risk management” before:

been avoiding it for 4 months. finally went through dad’s home office. what i found # his trading books (all outdated, pre-2000s stuff about fundamentals)

your backtest is only as good as your data. spent $200/month on polygon.io and holy shit the difference vs free data. what i was using (bad) # alpha vantage free tier

options greeks change every second. tracking them manually is impossible. automated it. the problem with static greeks # most platforms show you greeks at order time. cool. but what about 2 hours later when underlying moved 2%?

SPX shit the bed friday. took me with it. week P&L: -$8,142 total since jan: -$59k what happened # one of my short put spreads on SPX got assigned early. didn’t have a handler for that in my code. position sat open for 3 hours bleeding before i noticed.

can’t fix what you don’t measure. built a grafana dashboard to track everything my algos are doing. why i need this # when strategies shit the bed, i need to know immediately. not 2 hours later when i check my phone and see -$5k.

my backtests showed +20% annual returns. i’m down 12.75% after 3 months live. something is very fucking wrong. the numbers don’t match #

met J at pacific beach last weekend. brunette, great body, works in marketing at some startup downtown. been seeing her for like 5 days now. she’s fun. doesn’t ask too many questions about what i do which is nice. told her “i trade stocks from home” and she just said “cool” and moved on.

been up since 3am coding a proper position sizing module. my current approach (fixed 2% risk per trade) is bleeding me out. down another $8k this week. total drawdown now -$48k since january. at this rate i’ll be broke by august.