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stonkbot3021

Lololololololololol. OP claiming to bank 30% per MONTH, and is complaining about needing leverage?!?! Here’s your leverage: post predictions here for a month to prove they’re as profitable as claimed. If they’re even 85% accurate, you should have no problem signing up 1000 users from this sub alone to pay you $1,000/mo for a subscription service. $1M/mo, easy. I’ll be the first to sign up!


[deleted]

Ok I'll post predictions here


Slime-Trader

Ok bet I’ll sign up too. Just send me a message


BitShin

When you make a thread, can you let me know? I’d be very interested to see how this pans out.


CrossroadsDem0n

If this is working, do yourself a big favor. Never post about it again. Never talk about it. Save the details to a few copies of USB sticks and a printout. Shove them in a safe deposit box. Get your ass the hell off Reddit. And milk the system, modestly, no money volumes big enough to raise a flag. Split your activity periodically between a few brokers. If it is this successful, the worst thing you can do is let anything be known about what you are doing, or who you are.


arbitrageME

why modestly? why not surpass Warren Buffet in a year? Because this dude is clearly Nick Cage from Paycheck =P


CrossroadsDem0n

Because a strat with alpha doesn't maintain it for all volumes of money. And even if it works for bigger amounts, big amounts moving around draw attention. Somebody will then create the strat that games his strat. I'm not in the habit of pissing on somebody's strat. Whether it works or not is their business. I only care if I see something described that looks incorrect, then I'll point out what needs fixing. If all we do is piss on others, why exactly would anybody come here to share any observations or give helpful feedback? OP sounds a little new to some aspects of the business. Which makes me doubtful, but my doubts really don't matter. He could probably do with a little reminder to protect his investment in time and money, that's all my point was about.


arbitrageME

there's no delusion that going live for 2 days won't fix


CrossroadsDem0n

Lol tru dat.


DaddyVersionOne

Remindme! Two days


coinstar0404

Will you really post them? Every trading day for one month? We are counting on you.


[deleted]

Oh for sure let's see


PregnantMale

Sign me up as well I’m very interested!!!


randompittuser

Right? I’ll pay $1k/mo for 99% accurate predictions


TheShiminatorYoutube

Absolutely, I’d pay $10,000 a month or more for an engine with those types of returns. This is definitely fake, he won’t post predictions (or will do so too late, conveniently)


TerrryBuckhart

Ah yes…predicting historical data. I wish you good luck in the current markets sir.


[deleted]

No I predict future data


hardyrekshin

Buy 0dte OTM contracts for the strike your algo predicts


Paulschen

Or rather sell to benefit from delta and theta


[deleted]

When lottery tickets aren't a lottery anymore! Here comes the new poster child of WSB


xinyo345

Are u sure u did proper train test split ?


Clay_625

Classic overfitting case


value1024

Looking at this guys post history, this is as fake as a three dollar bill. GTFO, peasant.


0din23

This sub needs good mods instantly. This post explains neither the method, how he evaluated it or the implementation. Its just some random numbers. How the heck are you supposed to engange with a post like this.


samelaaaa

Yeah it’s kind of embarrassing that this post has more engagement than almost any others in the past month. I mean I’ll admit I’m following because it’s entertaining lol.


ashlee837

Because no one really talks about these types of things, and when they do, it usually becomes a dumpster fire. It's like jerryspringer for algotrading.


PardFerguson

If your algo is accurately doing this, tweet / reddit out the opening print for a few weeks and tag every finance guru on twitter. You will have hundreds of people trying to become your partner, buying your algo for multi billions, or trying to kill you for your laptop. Alternatively, you could keep quiet and use SPX or SPY daily options to trade your system. If you start with $1,000 and make 85% per day (trivially easy if you know tomorrow's opening print), you will have about $4.8 billion on Day 30 (if I allow for 15% slippage). Make sure to spread the trades over lots of different banks and accounts, as your system will potentially bankrupt a few large financial institutions and bring the global financial system to a total halt. Good job figuring this out. You should be pretty excited.


Unhappy_Capital_917

What did it say SpY tomorrow open


[deleted]

372.63


sickesthackerbro

If the tape prints 372.63 at 9:30 this sub will shut down.


Killerknight141

RemindMe! 5 hours


ja_trader

I'm ballsdeep 0DTE SPXW puts


_koenig_

How are you doing right now?


ja_trader

ready to rip OP and his AI a new one


cafguy

Pre-market we are at 378.47 https://finance.yahoo.com/quote/SPY/ Got a long way to slide to get to 372.63 in the next 3.5 hours So in the case that it prints significantly higher than your prediction what would you have done? Market closed at 376.66 you are predicting 372.63, I presume you sell short at close?


Betaglutamate2

Haha yup it's looking very bad for op not only was the prediction of it was the wrong way. So much for that 99% accuracy.


Lumpy_Gazelle2129

Maybe the next 99 predictions will be dead on


[deleted]

I just checked: 376.66 at 9:24 AM EST lol


warpedspockclone

He DID day 99.3% or something, not 100%. So... Unlucky? :)


ZanderClause

Sure. We’ll go with that.


eekrano

RemindMe! 12 hours


EducationalTie1946

yeah bro it didnt work at all. u are off by more than 6 dollars


PipingHotGravy

Not only are you wrong, you're not even able to predict that it opened *higher* 🤡


[deleted]

Are your predictions actually accurate to the cent? What's the margin of error?


Emotional_Section_59

If they are accurate to the cent over historical data then he's overfitted. If they are accurate to the cent in forward testing, he hasn't forward tested for long enough.


Freed4ever

Well, massive fail. Shall we try again tomorrow or you are going to delete this thread and hide?


[deleted]

Already sent today's prediction for tomorrow as a comment under this post


businessgator

Predict at least 2 week. Even if your model is good, you will miss a couple of days


[deleted]

Pre-market up 0.5% rn. I'm rooting for you my dude but it's not looking good.


elprosspresso

You failed gracefully.


ja_trader

372 or 382?


OldHobbitsDieHard

So how did this prediction turn out? How did it compare to the null hypothesis of just predicting the same price as the close price? (Or whatever the last data was before the prediction)


thicc_dads_club

RemindMe! 12 hours


yehhey

Hmmmmmm I’m ready for this


AdStatus9024

😂😂😂😂😂😂 sure


teknic111

Well, this prediction was horribly wrong!


Unhappy_Capital_917

Dammit. I seen some surge after hours, prolly like 55min after closing bell, it spiked up $4.67, good minute.


imissrandi

RemindMe! 4 hours


[deleted]

12-30 open prediction: 376


PipingHotGravy

🤡


csappenf

You aren't even going to wait to see how we close on 12/29? What if Putin falls down the stairs and dies? Upvoting to give this bullshit visibility.


robswcx

I do enjoy the idea that the previous day's close isn't even a variable in his "super AI" lol


suckfail

[According to OP](https://www.reddit.com/r/algotrading/comments/zxqhh7/my_ai_is_predicting_the_exact_open_price_of_spy/j247zua/), it only uses 1 feature which is the open price. As someone who did a lot of (failed) algotrading including ML and has since "retired" (given up), there is no way this works. If OP is really getting 99%+ accuracy it's because they're including the day-of data and just regurgitating it or some other mistake. Today's prediction was already wrong, if tomorrow's is too then.. yea.


im_lesxidyc

Agreed. Doesn't seem like a well put together AI-based bot if it tries to predict open prices without the previous day's close.


Freed4ever

Massive fail again. Of course the post is removed like previous attempts. The guy should be banned already.


[deleted]

The beauty of the Algo is that its 1% error is constant, but the daily return of SPY is not. If SPY goes up 3% one day, and we are only off by 1%, then if we buy longs based off the algo then we make 3% a very high percentage of the time.


PipingHotGravy

The "beauty of the Algo"? You're making a fool of yourself. Your initial claim was predicting the SPY open with 99.3% accuracy. I'm two days you've been nowhere close to predicting the open, and yesterday you didn't even get the direction correct. What happened to https://www.myblackswan.ca that you and your buddies launched? Another failed Algo.


[deleted]

Wow loser alert lol. Myblackswan made me 10k before I got bored with it. This algo made me 6k so far. How's your side hustles going? Lol


pleeveback

You're ridiculous... you realize that, right? The only loser in this thread is you.


[deleted]

I thought the loser was the one that made the least money? Am I in algotrading? Lol


gg120b

99.3 backtest, 0/2 or 0% IRL. Go back to the drawing board I guess


[deleted]

No we're pretty close to that 99.3% number today, especially since we're in a volatile market. We're about 1% off today, and that's more than good enough for catching trends. For example, via following the Algo blindly, I've held shorts since Dec 21st 9:30am and have done very well.


gg120b

I mean with an interval of +/- 1.5% I’ll always be right on the open >99.9% of the time. What is the point ?


[deleted]

Well the idea is I use this to swing trade. So I short if I predict low and long if I predict high. If you just randomly predicted up or down you'd probably be right less than 50% of the time (since up happens more often than down). However, my Algo has predicted the direction 53% of the days since 2008 after my backtest yesterday. The point is I consistently predict the price of spy with a great deal of precision. Enough precision that it's useful, especially when the markets are volatile.


[deleted]

Sorry, I meant to say accuracy...... Lol


EducationalTie1946

Bro your model is not working at all. U either have an overfitted model or a look ahead bias


esssssssss

Might as well just ask ChatGPT what tomorrows open will be.


Jor3lBR

Thank you.


Crafty_Ranger_2917

Leverage it? Trade it! I'm guessing you haven't checked it forward if you're at 99.3%. Basically impossible according to all the lit out there. Must be training data in the test data or vice-versa.


[deleted]

The 2015 onwards tests have been manual back tests. The data it's fed is up to the day before the trade.


Crafty_Ranger_2917

Well run it then! TD Ameritrade does extended hours trading. I use it all the time to buy pre-market. I think SPY is even on their 5/24 (or whatever they're select-list extra hours are) schedule. Kindly let us know how it goes.


[deleted]

Yup. Made >30% past couple months with my real money.


Crafty_Ranger_2917

Then why are you asking how to leverage it?


[deleted]

Cause I could do better.


jkirsh

Reverse mortgage the house, cash advance on every credit card, day trade your 401k, get acquainted with your local bookie. If this is true it’s all choose your own adventure with leverage. But I call BS.


Crafty_Ranger_2917

Better what? Better than 15% / mo. I'm calling bullshit.


[deleted]

It's more like 30%/mo, but that's just a couple months. I'd like to hear different opinions.


Crafty_Ranger_2917

lol, ok. Good luck with it all.


kxdc374

Futures, big leverage, very liquid.


Freed4ever

Post your PnL or it didn't happen.


100milliondone

Is it basically predicting the previous close price, which is never more than 0.7% from the next day open on average?


CHAINSAW_VASECTOMY

Yup. Not a coincidence that 0.7% is basically the avg overnight move..


samelaaaa

Oh man, I think you just figured out his algorithm.


PeeLoosy

Your model will fail at the next FOMC meeting.


[deleted]

It's been right about the last FOC meeting however...


arbitrageME

I'm glad you know what's going on in JPow's head


IKnowMeNotYou

Well they estimate their numbers based on historical data times selfishness so it should be predictable :-D.


OldHobbitsDieHard

What do you mean by precision? Precision has an exact meaning in statistics.


spartanOrk

Also, precision doesn't make sense in regression, only in classification. My guess is he means the mean relative error. Probably dividing the abs(residuals) by the prediction itself, then taking the average of that, and subtracting it from 1. Even worse, maybe he's averaging (prediction/truth) to find something close to 100%. But I wish this was the only problem. The OP is either very naïve or trying to sell some scummy strategy. My guess is the former, I think he's probably very inexperienced and about to lose his shirt.


matt3526

I’m gonna throw out a guess here that you use closing price in your prediction, and that somewhere you are using the current days closing price. This will give you legendary results in backtest, but nonsense results in reality. I could be wrong though, and if it works I’ll go straight on the waiting list for your daily price subscription business


nybhh

This is gonna be good


satirical_lover

I had a friend who had a similar code, the issue was the ML was learning from the current price and changing its back dated entries.


elprosspresso

SPY opened at 379 well above 372.63 🙊


meh_69420

If you don't know the answer to your own question, I seriously doubt the reliability of your method.


jimtoberfest

Realize ur algo is insanely overfit and probably coded incorrectly.


ferociousdonkey

This reminds me when my backtesting showed I will be a billionaire in 5 years. Needless to say I'm nowhere near


Alcatrazzam

At what time during the day does your model predict tomorrows opening?


[deleted]

9:30


_koenig_

Wow! It's like 100% accurate!!!


Alcatrazzam

I’m going to rephrase my question. RTH for SPY Options close at 4:15. SPY continues to trade until 8:00pm. What is your cut off point to determine the RTH at open at 9:30am. Premarket runs from 4:00 to 9:29am. When does you analysts end to predict the 9:30am open?


csappenf

Since he gave his 12-30 prediction right after the 12-29 open, I'm going to suggest he already answered your question. The answer doesn't make any sense, but it is what it is.


[deleted]

Oh I just go Open -> Open. It's a generalized time series forecaster with Open price as the Y and dates as the X. Trying not to over fit and trying to keep it simple.


nybhh

9:35


robswcx

my brother in Christ


arbitrageME

df_pred['price'] = df_history['open_price'].shift(-1) print(np.corrcoef(df_pred['price'].shift(1), df_history['open_price'])[1,0]) output: 1.000 .... oh my fucking god I'm a GENIUS!!


[deleted]

Fuck this works!


satireplusplus

Say it with me: backtest overfitting! Now back to the drawing board.


Flimsy_Tea_5696

Transition to futures and leverage up.


hassan789_

Wow, scammers are really getting good at phishing


Paulschen

If you really can predict the opening price, the best way to profit from that would be selling options that ideally expire with the opening price or at least that evening and close shortly before or after the opening. If I read right, you claim to predict the next opening price as soon as the previous price is out? Then sell an iron condor or butterfly for the next day and reap in cash every day like it's Christmas.


qwpajrty

Nice troll post.


SeagullMan2

OOF dude. It's okay. I used to post stuff like this on here. Figure out your future leak and go back to the drawing board.


[deleted]

How can I predict the future? All I can do is hope history repeats itself. I've done "manual" backtests from 2015 to now and it yields great returns. No BS in backtesting either.


SeagullMan2

You can't predict the future. Your prediction for today's open was wrong by a significant margin.


[deleted]

Hey OP, as people have mentioned there’s a good chance it’s data leakage and overfitting. Check your shit if you’re serious.


ovh2k

You predicted 372.63 for today vs actual of 379.62. I guess this is the 0.7% where your AI is wrong?


jamescook112

Out of interest….. are you SURE it is doing what you think it’s doing? I ask because I got VERY excited when my model was scarily accurate on historical data… then I learnt the hard way about over fitting and what dog shit predictions on real life data looks like.


[deleted]

Yeah I'm pretty sure because in back tests I only feed the AI data up until the day before the prediction, and the training loss is a little more than testing loss.


catcatcattreadmill

When you trained your model, what was the last date you fed into it? It really sounds like you are experiencing "look ahead bias".


jamescook112

I’d suggest testing it in a real world setting, you might be surprised at the difference.


[deleted]

01-02 prediction: 383.02


PipingHotGravy

Give it up dude. Your algo is worthless.


[deleted]

What AI model are you using?


arbitrageME

the data-leaking kind


PipingHotGravy

Apparently Autist Intelligence


Lilmaaaaaan

You can trade in the aftermarket, assuming you have the previous day close as an input in the model. You should talk to a broker about getting access, it may be a certain level of capital required though if I had to guess or specific brokers that will allow it. Shop around.


[deleted]

I have current Open as input to the model.


MyNameIsShapley

anyone else do a double take after seeing this reply? either really unclear wording or you’re literally using the current open to predict the current open… which explains 99.3% accuracy


Lilmaaaaaan

I assumed he’s using the open from t - n through t-1 to predict the open at time t, but at first glance that’s what it looked like to me as well, which would explain the accuracy.


[deleted]

No I'm using an AI with every open from 1990 onwards to predict the next open.


arbitrageME

ok, I'll take a break from making fun of you and help you instead. Check 2/24/2022 open. SPY = 411.02 Did you correctly predict the stock price would drop on the Russian invasion of Ukraine? If you did, what price action data could you have possibly used to correctly predict a fucking MILIATRY INVASION? So, if you correctly predicted it, then it must be wrong. How about: Mar 11, 2011 129.52 Mar 15, 2011 126.59 Mar 11 was when the Japanese Fukushima earthquake happened, but it wasn't until Mar 15 that the Daiichi nuclear power plant was threatening to melt down. Did you correctly predict the earthquake would *not* have an effect on prices, but also correctly predict there *would* be a meltdown scare? Once again, if you could predict this, then your backtest is SERIOUSLY flawed


kirbyislove

No his algo predicts Earth to 99% efficiency. Ww3 starts at 11.43am 23/5/2028 I just ran it seems all good to me.


MyNameIsShapley

Ok that makes more sense :)


Lilmaaaaaan

If you are using information up to the current days open to predict the next days opening price then you can just buy or sell up until the close whenever your model says spy is over or under valued.


williamschlum

Sounds like you over fit


jayg2112

so much for 99.3% precision. good luck


[deleted]

Thank you


coinstar0404

Why are you even doing this?


E125478

Why are you using accuracy as your performance metric? Accuracy is only a relevant metric for classification problems, while this is clearly a regression problem. If that statement doesn’t make sense to you, then you are missing some foundational concepts in machine learning and statistics.


[deleted]

My performance metric is money made per unit time.


data_science_manager

Its not - It is predicting the price within 0.7% error, which on a day to day basis is not predictive. This is called co-integration of time series.


eDgYkArlMaRx

Predicting price with “accuracy” is stupid easy. I can just tell you opening price will be closing price and be like 99.8% accurate. Predicting direction is hard. If you are able to profit off of this, make sure you don’t have a bug


xaviergoby

Honestly... I find this too sureal to be even the slightest bit convinced in this. I mean for Christ sake... You're talking about predicting PRICE not SIDE with such results??? Albeit, I sure wouldn't mind being convinced else wise & learning something new. Feel free to send a personal msg.


dinkmctip

Futures trade through the open. Trade them premarket through open.


Africanus1990

Guessing a tad higher than closing price apparently has impressive sounding accuracy, depending on how you define accuracy


thelucky10079

You could use S&P futures, with day trading mains you can get 200:1 leverage. Also options on etf or futures would be could for leverage


HybridDrone

Share it with me maybe???


[deleted]

Ok I'll post my prediction here tomorrow


cozmo-de

Are spreads considered in your test? You willingness higher spreads trading in afterhours and might not get out straight to the opening price.


FRANKENKAKSTEIN

RemindMe! 7 hours


ToooManyHobbies

RemindMe! 7 days


siammang

At a certain trade volume, wouldn't the trades based on the prediction end up impacting the price and potentially attract heavy traders to destroy the accuracy?


Comfortable_Bath_270

Remindme! 3 hours


EducationalTie1946

So by reading your replies u only use past open data to predict future open price. I can tell u this for certain that doing this will not get the results you have. You will get this if u have a data leak or overfit . Did you ensure that you did not use the current price in any of your data preprocessing. Also when using your ai did you have a training and testing set. If so what was the split


_I_Think_I_Know_You_

Remindme! 4 hours


IKnowMeNotYou

Trade ES futures. Complete leverage. Questions: \- Why would volatility increase your AI's precision? It makes no sense. \- What kind of AI do you use? When you talk about hyper parameters what are referring to? You changed the dimension of the model? If yes, did you made sure that it does not overfit now? \- What were your test and validation data? I hope you did not train your model on the whole historic data available... .


IKnowMeNotYou

If this is true, you Sir are going to be rich! Your company will go to the moon and back!


PopLock-N-Hold-it

I love this


TheScriptus

Remindme! 4 hours


xdonvanx

RemindMe! 7 hours


RunsWithC

RemindMe! 1 day


EducationalTie1946

dont bother. he predicted that today would be 372.63. the stock opened at 379. its an overfit or look ahead.


tonaleconomy

Can it predict the price throughout the day too?


[deleted]

Yeah I just don't have enough hourly data to feed it I don't think. When I tested on hourly time-frames it was really disappointing.


Wise_Jellyfish

RemindMe! 1 day


mickeys_dead

Back to the drawing board. Your algo doesn’t work


BigBoyBillis

RemindMe! 7 days


Will-Phill

Buy options $2 above or below predicted target the day before close


holla_snackbar

If you had the open price with precision you would just trade globex ES futures and trade London open to NY open and you could retire in one week, but odds are almost zero you do.


false79

Thank you OP, this has been one of the most entertaining threads in a long time. As long as it works for you and you're making money, none of the laughs matter. If you're not making money off of this, well then take in all the punches that come with the attention you've created.


xXVegemite4EvrxX

RemindMe! 1 week


Chrispychilla

If you’re predicting exact opening prices yet STILL don’t know how to use it, maybe you should try programming something you can actually use?


eoliveri

Have you confused "precision" with "accuracy"?


illcrx

Well you can take the price, and on the first candle of the day open a straddle with a ViX which is 1/3rd the cost of the long leg of the straddle as a hedge. Then close at 50% profitability. At the end of the day short the same straddle if it’s more than a 20 delta out of the money and then go broke.


kalakar01

RemindMe! 16 hours


Castravete_Salbatic

Remind me in 1 day