KryptoSC

KryptoSC OP t1_j28wd2d wrote

$1200? Not much of a friend then. I'll say this, my automated trading activity will flag my account as a "Pattern Day Trader" due to the multiple back and forth buying and selling, which means that if I don't have a minimum $25k in the account then the brokerage firm will be forced (by FINRA) to liquidate my account.

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KryptoSC OP t1_j264dl8 wrote

I'll answer it this way. API trading for the most part frees you from having to constantly look at the monitor and eliminates emotional trading decisions. You still have to monitor the win rate to make sure your algorithm is net positive. You also need to backtest at least once a month to see if your strategy is still the most profitable option or if there is a more profitable alternative. Again, it's about automating what has worked well for you.

My most profitable algorithmic trading strategy has been netting me consistently between $1200-$1500 per month and I've been slowly scaling it up.

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KryptoSC OP t1_j25q0vi wrote

Many of the firms now require manual authentication with 2FA, so selenium is not going to work. I've done a substantial amount of web-scraping with selenium for my work, so I'm familiar with what you're suggesting. In the past, I tried using selenium to automate retrieving the refreshed code from eTrade , but they had something that was blocking my script from reading the code that was generated, so I gave up on it.

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