I want to live autonomously, having more time and money to invest in myself and what I care about while having good time with friends and family.
Project Coinfare a platform for algorithmic/quantitative trading that is financially stable and evolvable by providing productive research facility in order to learn and improve the system and react to structural changes in the market.
[TODO: adjust this after running simulation]
Growing stable income with a strong small private community
- total return reaches 1.5M
- expected monthly return reaches 200,000
- can live by if there is a loss for a month
- start a monthly gathering to share their learning with the (private) community consisting of known friends
Becoming autonomous
- expected monthly returns reaches 100k
- The system is stable enough to be able to sleep over it
- Have time to consistently workout
- quit job
Generating second source of income
- get the trading system running
- being able to monitor feasibility of the strategy and make hypotheses
- got some return from investment
- Design the system to adhere to properties below
- understanding potential journey that I have to go through
- Draw out architecture of the system
- lay down the R&D framework. potentially based off of hypothesis driven development
- implement first strategy to test out the idea above
Productive research and development facility where you can easily
- test hypotheses offline and online
- deploy to paper trading environment
- promote to live trading
- monitor strategy
- shutdown strategy that does not perform or losing