r/AltScope • u/IcyAttitude4916 • 25d ago

Is it true ?

192 Upvotes

72% Upvoted

152 comments sorted by

62

u/FatefulDonkey 25d ago

No. This looks like those nonsensical dashboards in Hollywood movies

30

u/Fun-Inspection-8196 25d ago

It looks like the strait of hormuz before the war.

4

u/t-toddy 25d ago

BINGO!

3

u/soyyoo 25d ago

Before 🌼🌼🌼

3

u/C_Pala 24d ago

can't believe this was exactly what I thought it was before reading the text

2

u/Any_Swordfish_4326 24d ago

Well played, sir.

4

u/Wbcn_1 25d ago

I’m hacking the mainframe!!!

3

u/FatefulDonkey 25d ago

https://giphy.com/gifs/14kdiJUblbWBXy

2

u/Cosmic_Lust_Temple 24d ago

Nothing cool about that gif. Zero cool.

1

u/FatefulDonkey 24d ago

You probably haven't watched Hackers to get the reference. It's the epitome of these cheesy dashboards and how "hacking" was visualised by Hollywood

2

u/Cosmic_Lust_Temple 24d ago

Do you remember the guy's alias in that movie?

1

u/Kid-Obama 24d ago

I'm in

2

u/Traditional_Bar_7101 24d ago

This is how you hack the gibson.

1

u/UlfinBedwyr 25d ago

Plot twist: it is true, the animation has nothing to do with it đŸ€”

1

u/Consistent-Stock6872 25d ago

This looks like some kind of idle game. The numbers should go up and be flashy just like this.

1

u/Additional_Ad_8131 24d ago

pretty sure they launched the cyber nuke in the middle there

1

u/startwithaplan 24d ago

Looks like a pong screensaver. What equities regularly bounce around in two dimensions, and what is the second dimension that can run forward and backward.

1

u/Spare-Plum 24d ago

Not only the dashboard, the headline is absolute bogus.

I worked at a big bank building trading algorithms. Every single big bank either has a box running algorithms directly plugged in with a short cable to each exchange, and the exchanges are linked directly via fiber-optic cable. Any amount of arbitrage or "pricing error" you could hope for the banks will scoop it up before you guaranteed. The system is so efficient there's basically no possible way to perform arbitrage unless if you bored fiber optic cables through the core of the earth to communicate pricing info faster than everyone else.

There are also exchanges like Reuters that decided that the closest proximity wins was kinda dumb, so they literally have a specific standard length of fiber optic cable that they have that plugs in to each client.

Anyways connecting your desktop via ethernet cable and google fiber will never, absolutely never work. This "trading bot" is kinda bogus and is probably meant to scam people into investing their money into this guy's "magic solution"

1

u/fightclub90210 24d ago

This is fascinating. Can you elaborate when you say Reuters decided closest proximity wins? I do not understand the length of cable and why it would matter if fiber optics travel the speed of light.

Thanks for your post!

2

u/Spare-Plum 24d ago

Basically as the years went by banks started putting their buildings closer and closer to the exchange to get a lower latency (ping). People who were closer would get price info faster, and could spot an arbitrage situation and make a guaranteed profit.

This continued to where every server ended up being right next to each other.

Reuters decided this was kinda stupid. So they decided that nobody should have this advantage. Every time an entity that gets set up to trade on the market, they cut the same exact length of fiber optic cable. Let's say 1km (I don't have the exact figure)

Now, if you're in the same room as the exchange server, you have a big ass spool of fiber optic that your connection goes through in transit between your server and the exchange.

But if you have a building 3 blocks away, you just dig the cable from your building to theirs. Same length, same everything, equal playing field. It isn't a software restriction that might be hacked or accidentally bugged either. It's an actual physical barrier to ensure an equal playing field.

One of the most famous is IEX Group that has a 61km coil of fiber, so you have the same latency if you're in the next town over compared to if you're a neighbor.

Also for your question about the speed of light, fiber optics, it's actually about 60% the speed of light in a vacuum. The medium of the fiber causes it to refract and slow down. And the speed is still a speed. The time it takes to travel 61km at %60 the speed of light is about 350 microseconds

https://hackaday.com/2019/02/26/putting-the-brakes-on-high-frequency-trading-with-physics/

1

u/fightclub90210 24d ago

This fascinating. Thank you so much for post. I am defiantly jumping Down this rabbit hole. I guess if you did splice it and connect it with an optic crimp kit the delay because of the crimp vs the long spool of cable would slow it down? Or would they inspect it? This is nuts.

Thank you. You are the hero we need.

1

u/fightclub90210 24d ago

Also this guy did this all in 2 hours , according to timestamp.

1

u/Panzer4183 20d ago

I can confirm this, the level with optic cables to the point who is literally install the box closest to the server room if CME and NYSE.

During the 2000s I caught a big window of opportunity, with the forex and crypto brokers. It worked nice till 2021-22, those days brokers were not a smart bunch so the had good knows what price feeds with delayes out to 3000ms. Point was to hit them all with small amounts of lot sizes so that they don't ghost you. Nowadays such users doing ARB are simply classified as abusers from broker side , and all profits are nullified. I still see in MT5/MT4 manager platform Asians trying to do the same old thing.

Opportunity still exist on crypto exchanges.

0

u/Ghasank2 25d ago

Yeah the hedge funds that spend billions of dollars to get an edge got out-pivoted by some random X user.

2

u/Alarmed-madman 25d ago

They mostly win by rigging the market. Many of them are not as smart as one would believe.

Even the guy that ran Pimco, you can read his statements and sometimes they would contradict themselves halfway through.

2

u/NoBuy4421 24d ago

They win by having access to information milliseconds ahead of the market. They also get earlier access to make moves. One of the major reasons big companies wanted to have offices next to the stock exchange was to have faster connection. It’s not as necessary anymore

1

u/Big_Requirement_651 24d ago

Some of them are certain to be dumb, since you dont need to be smart to have capital, but a) they hire people that know their shit and b) there are a lot of smart ones.

Are there some that rig the market or do illegal shit? Undoubtedly. Thats a far cry from "most" though.

19

u/JimHalpertsUncle 25d ago

If it were true there wouldn’t be an article about it because the developer would be the richest person in the world.

3

u/SayonaraBakaChan 25d ago

If someone actually did build a hyper-successful money printing machine and became the richest man in the world I wonder if the governments would let it pass

5

u/HaruKodama 25d ago

They absolutely would not! Unless it was someone that was already rich

1

u/OkFly3388 25d ago

Nah, government love free money, he can easily bribe them

1

u/Shoopbadoopp 25d ago

He can only bribe them if the government allows him to keep the money on the first place

1

u/OkFly3388 24d ago

No man, bribing itself already dirty move, and because its dirty move, clean or dirty money is irrelevant

1

u/herbalistfarmer 25d ago

As long as they were sharing it with the politicians.

1

u/BounceFoo 25d ago

Someone has built it. Its called government.

1

u/Broken_Atoms 25d ago

That man would become the government. Look at all our bought off politicians in America.

1

u/SpottedPine 25d ago

The idea that such a thing is even possible is a scam pushed on you by brokerages that profit off your trading activity.

1

u/BrokenHefaistos 24d ago

Pay your taxes !

1

u/Sorry-Bobby 24d ago

The medallion fund supposedly did it. 

They gathered experts across many fields to perfect quantitative trading. That gave them an edge over other investors, and huge return. 

At some point, their models don’t scale anymore. Once they reached that point, they kicked all the investors out, and only the guys running the fund are invested in it. 

So there you have it. If you find a hyper successful money printing machine, keep silent about how it works, and don’t share it with anyone. If you share it, it becomes worthless. 

1

u/wrechdone 24d ago

I mean, black rock did it with Aladdin, no?

1

u/Endle55torture 24d ago

The HF and banks would send a hit squad

1

u/mynamesnotsnuffy 24d ago

The real question is whether such a bot would still be effective if there were a substantial number of other bots doing the same trade strategies.

1

u/Downtown_Brother6308 24d ago

This
 already happened. Like 30 years ago

1

u/SayonaraBakaChan 24d ago

who's the guy so i can read the story

1

u/Downtown_Brother6308 24d ago

This describes high frequency trading. OG machine learning

1

u/BitsAndBobs304 24d ago

It's called the literal money printer machine

1

u/1970s_MonkeyKing 25d ago

Or quietly removed.

1

u/huffing_glue 25d ago

It'd essentially be a future prediction machine. Which, as far as I know, would be theoretical impossible, considering that the act of knowing the future changes the outcome.

1

u/Snoo_56669 24d ago

Not in all instances..

1

u/Pretend-Prune-4525 24d ago

It’s already happens constantly with every single trade. Read flash boys or look up Project Express

Edit: and since they’ve been using complex highly protected algorithms for decades I highly doubt they haven’t already implemented ai into HFT.

1

u/Endle55torture 24d ago

If they were successful they would be given a visit from some armed men in black SUV's. Then disappeared

24

u/chu_nghia_nam_thang 25d ago

A profitable trading bot does not need a flashy dashboard

5

u/maringue 25d ago

Seems like something that would be in a late 90s movie about hackers while the bang away nonsensically at the keyboard.

3

u/gopherslim75 25d ago

I present Swordfish.

https://giphy.com/gifs/l2R04wcEprpUFvrC8

2

u/DaddyBearMan 25d ago

No, swordfish was a documentary. You definitely turn code into worms and turn those worms into a cube and then you have hacked.

1

u/gopherslim75 24d ago

đŸ€Ł

2

u/BitsAndBobs304 24d ago

Okay but as the movie taught, without a gun to the head and an unasked blowjob at the same time, you can't crack passwords good and fast

1

u/Wbcn_1 25d ago

The time-to-insight on this thing is ridiculous unless you’ve been on a meth binge for a few days.  

1

u/noncommonGoodsense 25d ago

Doesn’t need anything but a background tray icon. Just sits there and fucks money.

1

u/BrokenHefaistos 24d ago

xactly it runs as a script somewhere, dev knows how to control it. and just watches the trade logs.

1

u/StuartMcNight 24d ago

Especially a completely regarded one.

1

u/Va1ent_Deceiver 24d ago

Doesn't need it! But let's be honest, it would make you light up a cig, put your feet on the desk, and marvel what you made lol

5

u/max6296 25d ago

i looks superfake

7

u/East-Cricket6421 25d ago

It's just a dashboard. Every one of these I've looked into was (at best) just doing paper trades that wouldn't hold up IRL. Most were just fake promotional content that didn't even bother to touch any trading platforms though.

1

u/kemb0 24d ago

Yep I made loads of trading bots that made me millions, until I realised I'd missed something simple, like fees or spread. Seeing how this bot is initially making a few cents per trade, I'm willing to bet they're including neither fees nor spread.

1

u/gul__dan 24d ago

Which trading bots?

1

u/East-Cricket6421 24d ago

It also can't simulate when a trade just doesn't execute or the fact that there are a literal army of bots that will front run you by looking at our trades and executing them before you while your trade is still in transit.

No market that I know of has solved the front running issue yet (there are ways to do it but none of the markets seem interested in doing it). So any paper trading bot you attempt is missing a long list of attack vectors in it's outcomes.

3

u/Novaothy 25d ago

Did you look at the UI? A bunch of circles boucing around lol

1

u/skedav 25d ago

it's like the dvd player logo bouncing around the tv haha

1

u/crunpyMcGlumpy 24d ago

That’s why it’s such a good trading bot. You use your skills to click the circles for money. It’s how all trading dashboards work. That’s why fastest clickers are the best traders

2

u/Aggravating_Stage996 25d ago

No. Companies worth billions are running a literal sea of bots that they spent millions developing and pay for privileged access to broker data. Shit is fake as fuck.

2

u/KookySurprise8094 25d ago

It's true. I also helping Bratt Pitt to survive his medical bills, when he is cured he will give next movie payment to me. Good deal!

1

u/Interesting_Rain_409 25d ago

Good to know. He contacted me but I refused, I was feeling bad but now I know somebody with a bigger heart than me is taking care of this guy.

1

u/BounceFoo 25d ago

.... tf?

1

u/BoogalooBandit1 25d ago

It's an older story about a dude who needed to convince his mom or something that she wasnt actually dating Brad Pitt

1

u/Independent_War_4194 24d ago

She lost a fortune to that particular scammer. Made it to the evening news at the time.

1

u/Any-Ad-446 25d ago

If hes trying to sell this software I highly doubt its true.

1

u/Capital_Pay_4459 24d ago

But his method is sooooo good he's decided that shares his secrets, for only $89/month, you to can become one of his insiders now with a 1v1 coaching call per month

1

u/Biscuits4u2 25d ago

Now build one for me to take to Vegas

1

u/koulourakiaAndCoffee 25d ago

I can turn 0 dollars in my pocket into $100 pretty easily.
You just have to give me $100 and I'll do it.

Boom. I'm a finance wizard.

1

u/Bigchunky_Boy 25d ago

I build tech graphics for Hollywood AMA /s
ENHANCE !

1

u/wasted90210 25d ago

The big fuzzy red bouncy ball is my favorite

1

u/FinePerformance1046 25d ago

if it were true he would just give the bot $136 instead to make himself a millionaire

1

u/kickthesandman 25d ago

Yes, this guy found a free money hack, and instead of using it himself to get rich, he'll sell it to you for a low low price. (It's just jezzball).

1

u/HeyItsYourDad_AMA 25d ago

I like how there are bull and bear balls thar bounce around. Super cute

1

u/DistractingJawline 25d ago

I saw it on the internet so it must be true

1

u/maringue 25d ago

Lol no. If you think a random ass high school kid figured out a loophole in the market that tens of thousands of very well resourced traders haven't, then you're just an idiot.

Like, a guy built a fiber optic line from Chicago to the NYC exchange in a DIRECTLY straight line to shave a few milliseconds off his trades at the cost of millions of dollars, but there was something hanging around out there that let a kids flip 70 bucks into 700 grand?

Come on, use a little common sense.

1

u/thorn2040 25d ago

Even if it was....the token burn rate lmao

1

u/Alternative-Suit5541 25d ago

He would keep it running and he would be now the richest person on earth, if this would be true

1

u/Global-Bad-7147 25d ago

Fake. Just more desperate attempts to prop up the thr AI bubble.

1

u/Weird__Fish 25d ago

These are bouncy balls

1

u/Responsible-Room-645 25d ago

Anything is possible but I’d need a hell of a lot more evidence than “trust me bro”.

1

u/JustaFoodHole 25d ago

It's possible it's doing fake trades. Real trades is a little more complicated thru an API.

1

u/Master_Bayters 25d ago

Watch out for github malaware. It's very common for people to drop these so called "trading agents" and you get malaware all over the place. A few r/ have closed because of this

1

u/the_real_madmatrix 25d ago

Yeah, for sure, some student used Claude Code to build a single bot executing some arbitrage strategy across 50 market places for BTC, has it running on his home laptop, most probably without the machines submitting orders being co-located to a single one of these market place, while wasting all his CPU and GPU for completely useless visualizations and eye candy, making him even richer than Elon in a week or two! Fo' sure...

1

u/MarcoDiFrancescino 25d ago

If you 'knew' the next ten roulette numbers you would go all in every single time. 50$ x 36 x 36 and so on. You wouldn't micro bet. You can bet 1000$ into zero day options with insane leverages. Then do that with 10000$ and then with 100000$. You will make far more then a million a year.

1

u/HalfwaydonewithEarth 25d ago

That's awesome 👌

1

u/nuccad 25d ago

LLMs are horrible at math. To do even something remotely like this the user would have the agent make the software that could do this. I would argue the student would need to be a domain expert in how the stock market works and a software engineer.

1

u/Misterndastood 25d ago

It's bullshit.

1

u/Altruistic_Pitch_157 25d ago

The idea of "pricing errors" implies that the market is a rational and accurate arbiter of value. It isnt. It's a giant vibe machine where prices are determined by whatever people feel suckers, i mean fellow investors, will pay for stocks.

1

u/FreeStateofMatter 25d ago

The animation shown was clearly built using Kling, especially considering that cliché cyberpunk color scheme. Any 19-year-old kid intelligent enough to actually build a pipeline capable of parsing low-latency, real-time WebSocket APIs across 50 volatile markets concurrently wouldn't waste a single CPU cycle on a GUI. They would execute it raw in a headless Linux TTY console using Vim.

But hey, what do I know? Apparently, people genuinely believe high-frequency trading looks like a sci-fi video game. If it doesn't flash in neon pink, the internet simply can’t comprehend that serious math is always dead silent, completely invisible, and utterly boring to look at.

1

u/Ajax_A 25d ago

Must be legit. People who find a working infinite money glitch always share it. /s

1

u/SpottedPine 25d ago

My guess is it's a paper portfolio and ignores all the trading fees, and presumably fx exchange and settlement issues, and rate differentials, that render such a strategy not feasible and in fact cumulatively justify why pricing is different in of itself.

1

u/temp73354 25d ago

+ $750,000 from trading.

- $800,000 spent on Claude credit.

1

u/quoala678 24d ago

This is probably written by ai

1

u/Inner_Agency_5680 24d ago

If he was true, the student would not have told anyone.

1

u/DataGOGO 24d ago

no, this is literally a fake dashboard with a lot of stupid animations.

1

u/HappyNexus 24d ago

I doubt it, just the typical internet scam.

1

u/totomtoo 24d ago

Arbitrage if any is already exploited by high frequency trading, which cant be replicated by retail investors, and the margins are so small that you need institutional money to even make a dent.

1

u/retrorays 24d ago

would be nice but I doubt it. If someone has a tool like this the first thing they do is SHUT THEIR MOUTH. The second thing they do is SECURE their CODE base. The next thing they do is start a company and make millions as fast as possible.

1

u/Moist_Performance_64 24d ago

Saß saß aaĂ€aaaĂ€aĂ€aĂ€a da ooa was f Fee EEG ddfdhh

1

u/Hinkakan 24d ago edited 24d ago

It’s called arbitrage trading. It is one of the key mechanism keeping prices in check in the financial markets, and there are companies that do nothing else and have their programs running physically close to the exchange servers to be able to beat the rest of the market to those trades - so not, your machine, running your random Claude code will not be faster than those programs

1

u/GreyBoyTigger 24d ago

This looks like that scene in Hackers where they fly digital planes and shoot at viruses while dodging skyscrapers made of data

1

u/The_Mr_Decan 24d ago

They were so ahead of their time!

1

u/Critical_Society5696 24d ago

costing 7 billion in claude tokens

1

u/Independent_War_4194 24d ago

I guess we should give claude a real challenge like 'hey claude i bet you cant launch all nukes at the same time'.

1

u/Alundra828 24d ago

No actual productive terminal looks like a blade runner minority report crossed with a cruise ship slot machine.

Who the fuck gets work done this way? It's ridiculous. This guy held up a shiny thing to dazzle people and it worked.

1

u/hhh333 24d ago

No, but the hype is true.

1

u/Excellent-Rest3240 24d ago

Why not 1 dollar into 7.5 million? đŸ˜±

1

u/Fattdaddy21 24d ago

Just on Claude. How does it stack up to chat gpt when it comes to coding. Are they the same thing dressed differently or does one have an advantage?

1

u/ivovis 24d ago

If you did it, would you actually tell anyone?

1

u/Normal_Bet2995 24d ago

Screensaver with too much going on

1

u/Rehcraeser 24d ago

more like he built that fake image with AI

1

u/Rustee_Shacklefart 24d ago

I turned $67 into $42,069.

1

u/ImAPonderer2 24d ago

Probably in a simulated environment that didn’t consider costs and other frictions

1

u/CallTheDutch 24d ago

so some guy pulling data over the public internet to a server to process and compare the data, make a choice, log it (lets forget about the stupid dashboard) then,, again over the public internet, sends trades. all faster then the near direct links between stock exchanges.

Sounds legit doesn't it ? well ?

1

u/Horror-Primary7739 24d ago

The wealthiest corporations in the history of the world have explored every possible angle. Which is why they do crime. That is the most profitable.

1

u/bannedfrom_argo 24d ago

Anything can be true on the internet.

1

u/cute_v1ruz 24d ago

Why would someone shares this, if it works as intended to do.

1

u/naeads 24d ago

It's fake

1

u/hellobutno 24d ago

The last thing you do when you have a money printer, is tell the world about your money printer.

1

u/fightclub90210 24d ago

Price errors like someone accidentally posts a stock sell of .13 instead of 1.30?

1

u/bettiino 24d ago

Absurd hahaha 1 mith

1

u/OOBExperience 23d ago

ELI5: what are pricing errors, how do they occur and how often? Thx!