Tech Trader is a fully autonomous system trading thousands of stocks simultaneously with no human intervention. It is unique from conventional algorithmic systems, not only because it actually is fully automated trading, but because it takes a "human" approach to markets. It is not quant. It is not stat-arb. It is not high frequency. It is a program that looks at stocks the same way a person does but with the cold discipline and infinite attention span of a machine. It is analogous to having a thousand traders each focusing on a single stock as opposed to a single quant manager trying to make sense of a thousand datapoints. It is akin to swarm intelligence in ants, where the true intelligence emerges from the collective behavior of a thousand independent minds performing at their best instead of any central control or top-down view. A person doesn't think through stats, correlations, or complex math models when trading, and neither does Tech Trader. Trades take place over days, months, and even years to achieve scalable returns instead of sharing the race to zero with high frequency bots or scalpers. Whereas a quant might crunch a thousand variables to cross the street, Tech Trader just looks down the street to see that there is no car; then it is physically impossible to be hit. It is the anti-quant that thrives on anomalies and black swan events, not because it predicts them but because it is always prepared. Tech Trader leverages technology to do what the best traders do at scale and maximum efficiency rather than approach the markets from the point of view of an academic, mathematician, or scientist.
Since its launch in Dec. 2012, Tech Trader has been trading live capital completely on its own with no human intervention whatsoever. It is fully automated trading in the truest sense with no human input, no tweaking, no updates. It is, for all intents and purposes, a fully autonomous hedge fund, the first of its kind and only one to truly trade for years on end completely unsupervised. Whereas many "automated" or "AI" systems may have a hundred engineers providing the actual intelligence behind the curtain, the team behind Tech Trader consists of just two people, both of whom have long moved on to other interests. Tech Trader is literally continuing to trade after its creators are no longer around. Discussions on its trading can be followed on The Tech Trader Wall
as well as Twitter
. It is a "glass box" with all trades transparent and intelligible as opposed to a black box of incomprehensible correlations and patterns. For performance history, contact firstname.lastname@example.org
. For a sense of how its algorithms are written (loosely artificial intelligence but not *really*), see Creating Sentient Artificial Intelligence
as well as Conatus
, a more general fully autonomous AI (AGI) based on the same approach. Most however will find more interesting the thought process behind it in The Power of Fate and Irony