Pipeline and Real Money Trading: any guidelines on what we need to screen out?

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Pipeline and Real Money Trading: any guidelines on what we need to screen out?

posted Feb 18, 2016

Seeking Help Using Data Tools and Tips Pipeline

Now that the pipeline framework is available for live trading I wonder if it is safe to trade blindly any stock that comes out the ranking scheme of our pipeline or if we should put some safety belts in our code. From pipeline point of view all stocks are the same, but are they?

Few things that have been reported in various posts are: Leveraged ETF, ETFs, stocks about to be de-listed, when-issued, ADRs, REITs, others?

Should we screen something out? Why?

Any advice from experienced traders?

Thanks.

1 response

I have the same question (although I'm considering cooking up a contest entry). Simon provides some filters here: https://www.quantopian.com/posts/equity-long-short.

Regarding stocks about to be de-listed, reportedly Q has a project to address this problem. It sounds complicated, though, since you'd need a new data set (I think) that would provide point-in-time notification that a de-listing is eminent (and then if for some reason the date gets pushed out or the decision is reversed, that info would need to be available, too). Does Interactive Brokers (and Robinhood?) send notifications by e-mail or something, or do you just wake up one day to find a holding can no longer be traded through Quantopian?

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.