Tag Archives: lose

#1 goal in forex trading is not to lose money but profit is 2nd

 

#1 goal in forex trading is not to lose money but profit is 2nd

These two videos clearly explain the latest overnight trading session test (Jan 10) for this automated trading strategy with Dukascopy JForex. For 12 hrs it ran, it made over $15 during that time frame vs the usual multiple days of losing money.

I have changed a few checks in the trading logic as explained in the video. The number one goal was to eliminate potential bad trades (unprofitable) which may have been accomplished with the latest fix. It is that simple but I am surprised no one never thinks of it nor is there a popular indicator that does this. It seems to work but there is lots more testing to confirm this theory.

The other big fix was to allow JForex to run the Java virtual machine higher heap size. The link to the detailed fix is below. As it stands the current strategy consumes up to 1.5 GB of RAM when running but is within the allowed 3.6 GB heap. It even allows the strategy to run through the night instead of crashing as my previous experience.

One last thing in the deep analysis video is to find if the position life cycle gets more profit before it closes it on the exit. Some examples were here so that needs to be improved. These could probably eek out another 25% profit for each successful position. Another note is to improve the average true range indicator to minimize each losing position while cut the loser much faster to preserve higher daily profit.

ALl in all this is a great start to hopefully more successful trading test sessions as I improve this strategy.

Dukascopy JForex JVM heap size MAY prevent your system from crashing 

True range forex trading market random performance video

Video courses on Interactive Brokers and Dukascopy forex automated trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Just like forex Be prepared to lose all Bitcoin when trading it

Bryan here from QuantLabs. I posted an article earlier today on my Facebook group entitled “Buy Bitcoin if You’re Ready to Lose It.” I’ve been noting one of the bigger exchanges by the name of Bitfinex. These guys seem to be kind of sketchy for a number of reasons. One reason is when Bitcoin goes up, they go in a maintenance mode. Another reason, a few weeks ago, people were reporting basically that the service was going out, or they couldn’t access their account. I just posted yet another article called “Fake It Til You Make It When Bitfinex used to spoof their entire order book.” There’s just a few of these stories over the last two or three weeks which is lot of bad news on this exchange.

http://quantlabs.net/blog/2017/11/just-like-forex-be-prepared-to-lose-your-bitcoin-when-trading-it/

I’m not sure if I should put this as a warning out, but when you get other articles like this saying, “Hey, only buy Bitcoin if you’re ready to lose it,” Bitcoin has now, if you go back in my group, what you’ll notice is a lot of things is going to get kind of weird. One minute Bitcoin is reaching $6,900.00 despite warning from the SEC, and yet you get other articles saying that Bitcoin has now gone mainstream because the CME allows for futures to be traded in Bitcoin. It’s like, which way do you go?

As this stands right now, when I’ve looked at Quant Connect, as an open source trading crowd sourced platform, like Quantopian, which they allow you to trade Crypto through GDX. This exchange is probably one of the more reputable ways to trade Bitcoin or other Crypto currency. Apparently their parent company Coinbase isheavily regulated who have been on Bloomberg, WSJ, NY Times etc. GDAX havebeen getting quite a bit of publicity which is probably, I guess, one of the only reputable exchanges out there.

As according to CoinMarketCap.com, Bitfinex is second in volume followed by Bittrex, Poloniex, HitBTC, etc. , who’s only doing $202.million, meanwhile some of the other exchanges are quite a bit more. Bittrex is twice, of Bitfinex is roughly, four times, and then you get this top one, let’s four or five times. This is no different than trading Forex. I

If you’re going to go with an unscrupulous forex broker, you’d better be prepared to lose money because there is similarity between Crypto Currency and unregulated Forex brokers. When you had the Swiss National Bank depeg from the Euro a few years ago, four or five large brokerages went bankrupt. Money was lost for a lot of the account holders, and were paid out on pennies to the dollar if they were lucky. Don’t be surprised that you got to be very prepared and know your risk when it comes to trading crypto currencies like Bitcoin. This is especially true on some of these other exchanges.

Just thought I’d put that out there.

Over and out. Have a good day.

Thanks for reading,

Bryan

P.S. Don’t forget about the current reduction in my re-vamped Elite membership program.

http://quantlabs.net/mkt/quant-elite-v2/

Get all my listed courses here at the top as well as annual Quant Analytics members.

https://quantlabs.net/analytics/

https://quantlabs.net/analytics/order-analytics/

It is all for the ultra low rate posted here

http://www.quantlabs.net/academy/?wp_eStore_subscribe=24

http://quantlabs.net/mkt/quant-elite-v2/

You will be saving over $2000 vs the public posted rate on my site.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Why 90% of new traders lose money?

 

Why 90% of traders will lose money?

I have worked on this ‘trading’ thing for 6 years now. I have more enough reasons to know why trading newbies are always losing. They don’t listen to the markets because of their highly narrow view. I also find them to stuck in their ways not knowing how to diversify when market opportunities change. Fundamentals scream so much at you but no one listens.

See this video why traders lose 90% of the time


I will be eventually  be pulling my Python Infrastructure Building Blocks course as well. This focuses on introducing you to how to build a primitive algo  trading system. I am not sure on the hard date yet I will be removing this as well. As for now, it is part of my Quant Elite service which will also get closed down permanently as I move everything into the new Analytics service for 2017.

Thanks Bryan

P.S. Are you part of my Facebook programming group? There is lots of action going on it where we can all learn about software development in this exciting field.
Join here https://www.facebook.com/groups/quantlabsnet/
Also stay up to date on my Facebook Page https://www.facebook.com/quantlabsnet/
Twitter: twitter.com/quantlabs
Lasly, I do post about 20-30 Bloomberg ‘video charts’ on my Instagram at https://www.instagram.com/quantlabsnet/

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Hedge Fund Investors Dump Humans for Computers, Still Lose

 

Hedge Fund Investors Dump Humans for Computers, Still Lose

Maybe the computers were not programmed right ?

 

Steve Eisman, portfolio manager at Neuberger Berman, discusses the “massive changes” happening in the Hedge Fund industry. He speaks with Bloomberg’s Guy Johnson on “Bloomberg Surveillance.”

Losses at Leda Braga’s computer-driven hedge fund this year are running at about twice the level suffered by a macro fund run by billionaire Alan Howard. Yet, while Braga has raised money, investors have pulled billions of dollars from Howard’s fund.

To read the entire article, go to http://bloom.bg/2fEKERT

Join my FREE newsletter to learn more about computers vs humans in automated trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

most private traders doomed to lose money?

Most private traders doomed to lose money?

I keep hammering these points in my emails

Join my FREE newsletter if you want hammered with useful trading trips

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Why do short term traders lose money?

Why do short term traders lose money?

Yes it is called risk management silly. Ever heard of it? You may want to watch this gentlemen in his lovely jacket direct  you in the proper manner.

Join my FREE newsletter to learn more about automating your risk management

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Automation replaces you human trader as Wall St lose jobs

Automation replaces you human trader as Wall St lose jobs

Here is an article that proves what I said for years:

Dear mid-level Wall Street worker, your computer is coming to get you.

To read the entire article, go to http://bloom.bg/1VHjLeo

If you are human trader, you will be obsolete sooner than you know. Pink sheets have been flying at the financial institutions for year to get rid of dead weight being replaced my automation. Boo hoo. Cry me F*C*ING river you poor whiny victim.

Next up: If you are learning from some ‘trading guru’, all their strategies and what they teach are junk. Automation will destroy what they teach. If you are not using multiple strategies in scale, you will be financially ruined before you get started. So don’t try! If you argue it, you will be ruined or at best you will see your performance suffer in the long run. It is a different era and you better join the automation movement.

http://www.bloomberg.com/news/videos/b/8df546df-20d1-46e5-824b-0702e9225046

Blankfein: Goldman Sachs Is a Technology Firm

P.S. Laziness, ignorance, depending on historical patterns, or just chasing price lines from charts will no long cut it.

Join my FREE newsletter to learn more about automated trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

80% of all futures & options trading speculators lose money

80% of all options & future trading speculators lose money

While going through my third iteration of this UC Davis course on futures and options, there was a very interesting little statistic that I think most retail trailer should be attention to. We have all kept hearing about 80% of forex and stock traders lose money, it sounds like we can apply it to future and options speculators as well. Don’t believe me?

 

Check it all out here

 

I do expect to get some hate mail responses on this. It’s kind of funny how people will try to always argue the markets and make excuses why they’re not succeeding constantly. Is there any real reason why you gain but then cannot explain when that same gain is given back to the markets? I see this so many times where these expert traders still don’t how the fundamentals of how the markets flow. Remember they have been around for 100+ years, and yet still nothing really has not changed.

 

Seriously, if you’re one of these type of “traders”, it is a safe bet you’re doing it all wrong. This is why I spend lots of time in learning the right fundamentals of how the market flows for all major asset classes ranging from stock/equity, futures, options, and FX. Is there any one stop shop that does it all?

 

Listen, if you’re one of these traders who are struggling you are not alone. You are definitely not alone. Not only that, when you combine the power and scalability of technology with automation, you may feel you are at the losing end. Not to worry as that is why I created this “Independent Algo Trading Business Course Series in Python.” As you can figure, this is a real big deal for me to probably laydown the proper foundation to constantly succeed in the markets.

 

My best advice for you is to go through the links below to decide if this is the right thing for you.

Go here to get instant access to my course series I mentioned above

 

As always I’m sure if you’re interested in knowing the full on benefits so go here for that

 

Thanks for reading

Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Trading robots and black boxes could make you lose BIG money

Trading robots and black box technology could make you lose BIG money

As the world understands that algorithmic and automated trading is the way of the future to stay in this business, many are still pretty well lazy to stay ahead of the game. As I listen to, read more, and talk to human based traders, they are still tied to using some black box software technology to make them think they’re using algorithms. This is so far from the truth.



See this article to see what I think of a particular set of online services

See my new standard way of answering questions on the software trading robots

I mean seriously, these are expensive and secretive technologies that offer no credibility for true success while trading in the markets. Even if that was the case, you’re still behind the eight ball when these automated trading solutions work against you or expire as the market conditions change. After talking to a recent local Meetup member, he followed some automated trading solution that was great until he pretty well lost his house. Lucky for him, he was still young enough to be able to rebound from these destructive losses.

So what am I saying here?

You need to understand, when it comes to betting your entire portfolio which includes your hard earned money, you need to be really careful on how you deploy it when it comes to risk taking with your trading. This is why I always push to understand the “Under the Hood” mentality in understanding the source code that does your automated trading. Not only that, you need to take an unfortunate skeptical look with full paranoia to own and control your source code. This does not mean, you pass control over to some cloud trading solution. Do you really trust that they will not steal your highly prized intellectual property called your trading idea?

Why do you think I created this ‘Indie Algo Trading Business with Python’ course series?

You know I have talked about it for many months now. You know we’re in our third week of this “Infrastructure Building Blocks” phase. The question you need to ask yourself is: why are you missing out?

Just remember all of the above that I mentioned to jumpstart your learning with full automation where you own and control the outcome. Also remember, this is the only place anywhere you can learn this. Also remember that Python is being taught to nine-year-old so anyone can learn it. The only thing holding you back is your inner drive but we have sent emails on that in the past as well.

If you’re interested in learning all this go here

Pricing Options and Schedule


Required to be a ‘Quant Elite Member’


MONTHLY: $97/MONTH: Click here


6 BONUS MONTH FREE Annual: Click here


BIGGEST SAVINGS with 24 BONUS months: Click here

Thanks for reading

Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!