@freemo So, I haven't traded at all since around 2016-2018 (used to do it manually on binance). Recently, I was thinking of trading based mostly on "trading signals" using natural language processing and simply selling/buying based around trends, "hype" or Elon's tweets, lol.
Perhaps setting up a python server using the binance API so that it is always running and when there's movement in something related to one coin (for example SEC filing against lbry) then execute a trade before the news has had a chance to hit the markets.
Is this too basic?
It feels too basic to have any chance of success.
@zpartacoos No thats a fine strategy and fairly typical. You can get more advanced of course too.
@zpartacoos one thing i forgot to mention and realized might be incredibly difficult with your approach... how do you intend to backtrade to verify a model works? Anything with NLP in it can be tricky to backtrade as the farther you go back the more likely you arent going to be able to sample accurately (as content disappears over time).
@zpartacoos what are you trading and what sort of approach or strategy you thinking about?