If you want to learn algorithmic trading, check out this free course that I created here on KZbin: kzbin.info/aero/PLtqRgJ_TIq8Y6YG8G-ETIFW_36mvxMLad
@illuminated24384 жыл бұрын
It's so refreshing to see high-quality content on this topic from someone who clearly means well. And there are no scammers pushing bitcoin scams in your comments, again so refreshing. Thanks for this wonderful video.
@TradeOptionsWithMe4 жыл бұрын
Thank you for the positive feedback. I am very glad to see that you like my content!
@jeffreydominic84893 жыл бұрын
This is a good one, traders with no experience in financial markets repeat the same mistakes that cost them dearly
@jonassteinberg3779 Жыл бұрын
Very clear exposition of the basics. Banger of a video, thanks.
@skyisblue3847 Жыл бұрын
This video was on my recommendation. I completely agree with this. Well organized and documented!
@snowgirl9264 жыл бұрын
Thank you very much for your videos. They are all very helpful. I have advanced degrees in Finance and Economics and I use python on daily basis. You inspired me dozens of projects that I can work on in the future. Thanks again. Your explanation is very simple but informative.
@TradeOptionsWithMe4 жыл бұрын
That’s awesome! I am glad you like my videos.
@realtimeforextraderthebrut85712 жыл бұрын
Excellent video. Thank you for sharing.
@nancynong60663 жыл бұрын
nicely and clearly explained video. I like the drawings as well!
@lance34014 жыл бұрын
I'm Forex trader and cryptos the most, for some years and starting to learn to code for my own strategies i love algos, it's other kind of different subject than Mql4 for metatrader, this videos it's having a full understand of all market as well as i know in different strategies i'm using manual, but since this is a more complex it´s worth great video my friend thank you i'm sticking to your videos and advices how to also learn algorith trading and what is it, so for me in the years to come i will be more confident to automatize strategies to be more relax.
Good discussion of some basic strategies that have been around for many years. The straegies are good strategies and often lead to profits.But why do you need to call the strategies "algorithms". The "following a trend strategy" has been around since Jesse Livermore! What is the signifiacnce of calling the strategy an "algo"?
@sumitdhiman90263 жыл бұрын
Man cant believe this video is free to watch
@rinkashimi94102 жыл бұрын
I cant believe ur comment is free to read
@ultraali4532 жыл бұрын
Thank you for covering general trading strategies.
@taiyidffd50242 жыл бұрын
What kind of servers are you using for trading algorithms?
@TradeOptionsWithMe2 жыл бұрын
QuantConnect since they allow you to create, backtest, and host your algos in one place: www.quantconnect.com/?ref=towm I have a course in which you also learn how to create algorithms using Python and their platform.
@vinersunite72373 жыл бұрын
Gonna have to try this with my EagleFX account next time I load it up!
@cimpsamo55632 жыл бұрын
can you please tell me what if i want to trade through trading bot on exchange platform that i use and i did not want my limit order to show up in order book on the basic exchange platform what i meant here is hidden order on the basic exchange platform So can you please tell me what is the name of this strategy
@W-HealthPianoExercises7 ай бұрын
U will never make a dime with these approaches. Also mm should not be in the same list❤
@jaylonnichols55042 жыл бұрын
Do you have profitable trading bots on the markets?
@Leo-xv8uq2 жыл бұрын
Where u get the chart for spy-QQQ?
@OneCreator872 жыл бұрын
Or you can keep it simple... Price moves in waves and you are trying to catch one of these 3 stages: - Momentum switch: your algo is trying to catch the start of a new wave. - Countertrend: the algo is trying to anticipate the peak or bottom of an existing wave. - Zero cross: The algo is entering in the mid-point of an existing wave, and assumes there is room left before reaching a turning point. Each market is a different animal, and one of those 3 stages could be their weakness (i.e Countertrend for EURUSD or Zero-cross for most GBP pairs on the Daily TF).
@animeshsahu28032 жыл бұрын
Can you elaborate more on zero-cross?
@OneCreator872 жыл бұрын
@@animeshsahu2803 If you want to see a "zero-cross" in action, take a look into a MACD histogram or normalized oscillator. You could build an algo by using a middle-cross as signal. For example, when histogram goes below the middle point (zero) you sell and when it goes above you buy. You are assuming that there is still movement left for such wave and are trying to reach a price over-extension (also known as overbought/oversold). You will notice that these signals are usually a lot slower than slope switching or countertrends, but eliminates a lot of false signals. You can speed up the algo by switching the averaging method and lookback periods (ie: Instead of using simple or exponential try KAMA or FRAMA averaging in your oscillators; google them up). You can build a well balanced portfolio by mixing these 3 types.
@adespade1194 жыл бұрын
excellent video.
@TradeOptionsWithMe4 жыл бұрын
Thank you!
@welilehlope79494 жыл бұрын
What is the difference between mean-reversion (via pairs trading) and statistical arbitrage?
@TradeOptionsWithMe4 жыл бұрын
In statistical arbitrage strategies, you usually don’t only look at the correlation between 2 securities. Instead, you often look at and analyze the correlations between hundreds of different securities and look for small inefficiencies. Even though this is still based on the pairs trading idea, I wouldn’t directly call it a mean reversion strategy. I hope this answers your question.
@kuminatisa68114 жыл бұрын
TradeOptionsWithMe answered mine
@WealthOverFameAndAttention4 жыл бұрын
i have a trading stratigy and i know someone who knows how to code . but how do i give them the right information to code it into trading
@TradeOptionsWithMe4 жыл бұрын
Firstly, you need to make sure that you actually have a complete strategy. Try to write it down in an “if this then do that” manner. You only have a strategy if you actually cover every possible case. As for coding, you could check out some of the best algorithmic trading platforms here: tradeoptionswithme.com/best-algo-trading-platforms/ For examples of how to code a trading bot using Python, you could check out my algorithmic trading video playlist.
@WealthOverFameAndAttention4 жыл бұрын
@@TradeOptionsWithMe im gonna check out yourr playlist now and yeah i got a complete strategy . Also destinction graduate of london academy of trading
@nextuphighlights4 жыл бұрын
Great video will be using in my automation
@asiddiqi1233 жыл бұрын
Awesomeness. Will it work for crypto,,?
@TradeOptionsWithMe3 жыл бұрын
Yes, check out my free algorithmic trading course playlist. There you will learn how to code your own algorithms using Python and QuantConnect. I’ll release a video demonstrating how to trade crypto like that soon.
@NoW_Is_TimE4 жыл бұрын
Rock solid content Im adding this to my trading school
@ashokyadav0999 ай бұрын
Indicator + candlestick pattern + ??? = ??? can we make this ?
@gulfamrai33004 жыл бұрын
wow Best Video Bro Keep It Up
@Na-eo1gx4 жыл бұрын
great video!
@TradeOptionsWithMe4 жыл бұрын
Thank you!
@chrismoneystl5 ай бұрын
6:14 momentum strategy
@MustadMarine3 жыл бұрын
Great video! Sub'd
@davidfordonez4 жыл бұрын
Love it!
@mrmoh23 жыл бұрын
Hi! As always very awesome content! I have a question for you. What's your opinion about mean reversion strategies? I mean, markets are a random sequence of time series data, where given prices are not pure random but the behaviour and "patterns" like mean reversion can change from one day to one... Don't you think is a kind of gambling use a mean reversión strategy? Thanks in advance.
@onekycarscanners60023 жыл бұрын
A good mean reversion strategy, is your ability to always stay hedged and patience. That is not always easy hence the risk of Gamble.
@mrmoh23 жыл бұрын
@@onekycarscanners6002 thanks for your feedback. @TradeOptionsWithMe what's your opinion about this?
@navketan19652 жыл бұрын
SIR, Which support is more likely to hold-- A) one with fractal support Or B) one without fractal support? Which support is more likely to hold A) fresh recent support--not tested before Or B) Support which has proved successful being tested many times before? Which support is more likely to hold A) where price spent little time before being repelled away successfully Or where price spent a lot of time before moving away?And I Seek your wisdom on these life & death questions.
@thenewculture23594 жыл бұрын
love the europian accent . wonder what's his nation?
@TradeOptionsWithMe4 жыл бұрын
My mother tongue is German. I have, however, lived in many countries including Switzerland, Denmark, the UK, and the US.
@thenewculture23594 жыл бұрын
@@TradeOptionsWithMe beautiful
@vsm68474 жыл бұрын
Great video, Louis. Thank you!
@putaschimi21854 жыл бұрын
Lovely Video! Apologies for the intrusion, I would love your thoughts. Have you considered - Saankramer Winning Step System (do a search on google)? It is an awesome one of a kind guide for learning how to start earnings on forex fast without the headache. Ive heard some decent things about it and my close friend Aubrey got cool results with it.
@jhoncanole29794 жыл бұрын
This is glorious, I have been researching "equity trading guide" for a while now, and I think this has helped. You ever tried - Annahiy Stockify Sabinianus - (just google it ) ? Ive heard some amazing things about it and my co-worker got amazing results with it.
@veliem39354 жыл бұрын
What platform can I use for this?
@TradeOptionsWithMe4 жыл бұрын
Thanks for the question. I recommend checking out my post for an overview of some of the best algorithmic trading platforms: tradeoptionswithme.com/best-algo-trading-platforms/ If you choose QuantConnect, you can check out my algorithmic trading playlist for some tutorial videos on sample trading algorithms. I hope this helps.
@veliem39354 жыл бұрын
It does, thanks for the quick reply and amazing content #Respect🙏🏾
@RealRichG4933 жыл бұрын
Könnten Sie ein Buch über dieses Thema empfehlen?
@TradeOptionsWithMe3 жыл бұрын
Ich finde "Inside the black box" ist ein sehr gutes Buch in diesem Themenbereich: amzn.to/3vGJngN Ansonsten wird "Quantitative Trading" von Ernest Chan oft empfohlen: amzn.to/3c2dnfi (das habe ich jedoch noch nicht gelesen)
@shishykishuk3 жыл бұрын
Whilst you have made this accessible, you talk about algorithmic trading - do you teach how to code in your course? What is your own background that means you can teach us?
@TradeOptionsWithMe3 жыл бұрын
You can check out my free course here: kzbin.info/aero/PLtqRgJ_TIq8Y6YG8G-ETIFW_36mvxMLad I also go over coding in it, but I expect you to already be familiar with basic Python
@shishykishuk3 жыл бұрын
@@TradeOptionsWithMe what's your experience with python? Are you a hobbyist or professional coder? How many years experience do you have? I can't find it on your Web page.
@pawsjo17134 жыл бұрын
Why not just use a couple of emas or moving averages?
@TradeOptionsWithMe4 жыл бұрын
You can certainly use moving averages as tools inside of a given strategy. For instance, they are great to measure an average for a mean reversion strategy. Note that how you implement your strategy is entirely up to you. You can make it as simple or complex as you want to. So it is definitely possible to create a strategy that solely relies on moving averages for its trade signals. The performance of such a simple strategy, however might not be very outstanding.
@taiyidffd50242 жыл бұрын
I made my own trading robot and tested it on old data and found that it was 80% effective, but when I tried it on real data, I noticed that it was not working, I don’t know why, even though I use a good server with a fast speed
@TradeOptionsWithMe2 жыл бұрын
Thanks for the comment. Note that there is a huge difference between historical results and actual real-life results. These differences can be due to biases, errors, market changes and much more. I have two videos going over some of the potential problems when it comes to analyzing backtest results that you can check out here: kzbin.info/www/bejne/jJ6nY5mLqZ1-j7s kzbin.info/www/bejne/pXfZipWcebR9a8U (this one is part of my free algo trading course) I recommend using QuantConnect since they allow you to create, backtest, and host your algos in one place: www.quantconnect.com/?ref=towm In my course, you also learn how to create algorithms using Python and their platform.
@jaswanthgannamaneni84612 жыл бұрын
data leakage should be the problem definitely
@Erarnitox9 ай бұрын
trades still not happen instantly like in your simulation. Real time trading is a very copetitive field. A "good" server is simply not good enough here. We are talking reactions to price movents in nanoseconds
@mikec91664 жыл бұрын
1:23 This is known as the gambler's fallacy and is false for human heights. It may be true for stocks, but that's because movement of stock prices are not time independent.
@TradeOptionsWithMe4 жыл бұрын
Hi Mike, Thanks for your comment. I think you misunderstood me. Since human height is a normally distributed variable, you are much more likely to meet a person with a height near the mean than a person that is particularly short or tall. I am not saying that this probability changes just because you met a tall person like the gambler's fallacy would imply. But if you meet a person that is taller than 90% of the population, chances are high that the next person you see is part of this 90% and thus shorter than the tall person. I am sorry if I didn't make this clear enough. If you are interested in a detailed breakdown of the gambler's fallacy, and 9 other trading-related biases, you could check out this video: kzbin.info/www/bejne/pXWtc6aZdsx3fM0
@mikec91664 жыл бұрын
@@TradeOptionsWithMe Yes, that is correct. Seeing a taller than average person doesn't change the probability distribution of heights you will see in the future, but you would still expect them to be shorter than that initial person on average because that person was taller than the mean. Thanks for the quick response!
@Estrav.Krastvich4 жыл бұрын
Top).
@onekycarscanners60023 жыл бұрын
You did not do the TWAP strategy.
@modelworkzseo4 жыл бұрын
Thanks Count Chocula; it's sad you had to change your regular job and learn to code. Hard times for all of us, I know :'(
@injenius213 жыл бұрын
😂🤣
@sokakopa21343 жыл бұрын
Price is not mean reversing, that’s a jolly inanity you got going on here ...
@DennisRay993 жыл бұрын
English is not his first language, so give him a break.
@girishsavant23024 жыл бұрын
Hypothetical.
@annawilson3824 Жыл бұрын
10:55
@disharaina15814 жыл бұрын
Whos voice is this ?
@TradeOptionsWithMe4 жыл бұрын
It’s mine.
@tonyhowell39444 жыл бұрын
Morgan Freeman
@JoeyTang-gj3pd4 жыл бұрын
Mine
@syazone67824 жыл бұрын
Actually mine
@StatisticalAnalyticSignal4 жыл бұрын
Forrest Gump
@azadsingh36053 жыл бұрын
I don't think retail trader can profit from them
@aaronanderson56454 жыл бұрын
Rsi!!!
@spicylord49894 жыл бұрын
Rsi is awful
@Lukas-cm2b9 ай бұрын
if you sold options during 2020 you would likely bankrupted. you can sell stocks using limit orders and that has zero impact on the price
@iirekm4 жыл бұрын
You said that if you meet a tall person, that there's higher chance that the next person will be shorter. That's not true, and is an example of gambler paradox, gamblers often think that if they lost many times on a bandit machine, their probability of winning increases so they can bet more. In fact the probability is constantly the same (unless the bandit machine cheats). As for people, even the opposite may be true, eg when a group of basketball players is coming, all of them are very tall.
@TradeOptionsWithMe4 жыл бұрын
Hi Mike, Thanks for your comment. I think you misunderstood me. Since human height is a normally distributed variable, you are much more likely to meet a person with a height near the mean than a person that is particularly short or tall. I am not saying that this probability changes just because you met a tall person like the gambler's fallacy would imply. The probability distribution stays constant. But if you meet a person that is taller than 90% of the population, chances are high that the next person you see is part of this 90% and thus shorter than the tall person. I am sorry if I didn't make this clear enough. If you are interested in a detailed breakdown of the gambler's fallacy, and 9 other trading-related biases, you could check out this video: kzbin.info/www/bejne/pXWtc6aZdsx3fM0
@rickpickle4 жыл бұрын
Oh, when the guy says he's going to break down each and everything... it's a red flag. Damn I was intrigued too
@TradeOptionsWithMe4 жыл бұрын
I am sorry that the video didn’t meet your expectations. The purpose of this video was to give a conceptual overview of different (algorithmic) trading approaches. What exactly did you expect?
@rickpickle4 жыл бұрын
@@TradeOptionsWithMe nevermind, it was a tasteless jab because i've watched too many videos featuring scammers. it has nothing to do with you at all.
@TradeOptionsWithMe4 жыл бұрын
Oh ok, thanks for clarifying.
@MrSimonw584 жыл бұрын
Writing options via algorithms? ... which broker let's you do that ? None I think.
@TradeOptionsWithMe4 жыл бұрын
Most brokers that have an open API and offer options. Interactive brokers is just one example.
@MrSimonw584 жыл бұрын
@@TradeOptionsWithMe Interactive Brokers is fakking expensive
@TradeOptionsWithMe4 жыл бұрын
@@MrSimonw58 That depends on your trading volume. But IB was just one example. Like I said, most brokers that have an open API and options, allow you to trade options algorithmically...
@coachtony27104 жыл бұрын
You can write options on td Ameritrade trading platform
@SkyRocket1594 жыл бұрын
That was a long yawn.
@TradeOptionsWithMe4 жыл бұрын
I am always open to feedback.
@kuminatisa68114 жыл бұрын
TradeOptionsWithMe not from a troll shouldn’t be
@veliem39354 жыл бұрын
@@TradeOptionsWithMe stupid people will drag u down with them and beat you with experience.. leave the clowns alone..