Financial Services - San Francisco, California, United States
Tech Trader is a fully autonomous system trading thousands of stocks simultaneously with no human intervention, now for over 7 years. 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 independent traders each focusing on a single stock, as opposed to a single quant manager trying to make sense of a thousand datapoints. A person doesn't think through stats, correlations, or complex math models when trading, and neither does Tech Trader. Whereas a quant might crunch a thousand variables to cross the street, Tech Trader just looks down the street to see there is no car. Tech Trader leverages technology to do what human traders do at scale rather than approach 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 - 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, one of the first of its kind to truly trade unsupervised for years on end. Whereas many "automated" or "AI" trading systems may have a hundred scientists providing the actual intelligence behind the curtain, the creator of Tech Trader consists of just one person - an individual going by the gaming moniker pftq, who created the system at age 21 and has long moved on to other interests. Tech Trader is literally continuing to trade after the humans are no longer around.