A mixed day across the forex, crypto, and CFD asset classes. In this video, you can clearly see how well many pairs did with amount of swings over an hour or 3. It is quite impressive while forex and CFD is quite paltry. You might agree as to why I really like the crypto space as well.
This video is to show how you can have an algo trading system that take few bumps in the space of crypto currency asset class. The problem is you need to keep those to a minimum when you watch this video. As I keep saying recent videos, you need to minimize this or even eliminate the risk of these losses. As I mentioned in this video, you need to have a potential shutdown mechanism which puts your system to sleep for a while. You may need to wait it out instead of fighting falling knives in a particular asset class. I am find I using my ‘risk on risk off’ signal more and more with no seeing myself depend on this new capability. It seems many pros use this as a way to protect their daily target percent moves or event daily profit target.
Are you the risk kind
Why take the risk of loss in a losing battle when the crypto currency asset class goes south for a while. I will tell this asset class is very volatile where it is in the extreme down but 12 hours laters, it is back up. Strange I know but you can make profit if the crypto currency asset class can come back within a few hours.
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This is obviously on the downside as compared to yesterdays benefits with those Russian ladies if you are successful. Anyhow, you may want to consider joining the QuantLabs.net Premium Membership which will give you FREE full access (an $800 value) to our upcoming QuantLabs.net School with topics of:
Open Source Trading Platform Development
R Course with Arbitrage and Volatility
R Course with Mean Reversion and Pair Trading
R Course with Technical Analysis
R Course with Quant
R Course with Quant including GARCH
Quant Algorithm Course including Pair Trading, Arbitrage, Autoregressive,
Quant Algorithm Course with Backtesting and Measurement
Matlab Econometrics Toolbox
Matlab Financial Toolbox
Matlab Toolboxes: Signal Processing, Stats, Math
Matlab Toolboxes: System Identification, Wavelet, Optimize, Curve Fitting
Matlab Strategy Development Demos and Researching WIth Simulink
Today is another good day of private videos for my Premium Members with following 5 video on statistical arbitrage and event arbitrage
For statistical arbitrage:
Modelling returns with CAPM and APT aka Arbitrage Pricing Theory
Currency Graph of shortest curvey path for major currency forex pairs
Howe you can beat a random walk
For event arbitrage:
Load and parsing hedge fund index data