Aug 24, 2024

Trying out new things

There are quite a number of things I would like to do. My idea pad is overflowing with ideas which I would want to implement, just that I want to find the time to do them all.

Sometimes I am just wondering if it is the fear of failure which causes one to pause and switch projects, or to second guess themselves when they are working on something?

For some strange coincidence, trading stocks intrigued me greatly. I guess it has always been there, but somehow I don't remember why I stumbled onto a trading website and it really made me look into it more deeply. I came upon this website, a Trading Simulator and I was really quite interested in how these candlestick patterns work.

I found out that was a huge field of technical analysis behind it. Things like these always interest me because I guess I am a structured learner. And I have been combing through books ever since.

Today I learnt about MACD and SMA and EMA. I guess I am just a week in and I am just learning the terms of everything. I don't really know how all these gel together, but I guess we will figure it out. The thing is that, I want to find a place where I can download historical data and try some trading logic of mine. I think it is a good way to also know whether the way of thinking things and setting up rules work for the real world. And I found out that there is such a thing called backtesting.

So I'm going to try out BackTrader and play around with the library with the historical data from Yahoo Finance or Alpha Vanture to see if I can get something working.

I will just spend some time on it and perhaps evening I will focus on completing my mock API backend.

I think there is a market for mock API backends and my idea was that eventually it might even spin off by itself to be a headless CMS.

We'll see.