As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.
I used to trade actively. Both market swings and with my own bots written in .py.
It's a really tough game, but you can certainly make money if you have adequate know-how. The market is almost saturated at this point and I'd say the only remaining opportunities, at least for arbitrage, is to find more esoteric markets, denominated in foreign currencies. This involves a triangular trade, in which crypto is exchanged between foreign currencies, and will require hooking it up to a currency converter with low latency. Adding to this, there might also be opportunities in those places where market makers get paid. That is: You'll receive commission for offering liquidity. With the right setup, you can definitely exploit the arbitrage here.
This doesn't qualify as trading per se, but it's the one area I found some success. It used to be that you could hook up to Twitter's deck and trade contracts depending on recent news. It'd take the market 2-3 minutes to react, but that time is now limited to seconds. I suspect it's been automated as well, with triggers for certain phrases.
Best of luck, brother.