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!
This is inspired by folks who use these bot tools or services as a crutch. From what I see, I prefer to show people to either learn to program the thing to generate your own ideas. As usual, most people will not proceed with that notion but they most likely either give up or lose money. Not my money of course. You do need to put the work in to make this happen. That means learning to code via something easy like Python. If so, check out the last 2 weeks.
As said, one person on Reddit said thatt using the API is the only way to trade on Kraken. This could be said also for Binance as well as they are the only honest exchange out there anyhow.
See the links mentioned here
Here is a solution
Also, it is important to remember you can now get sample trading bot code as of yesterday
Own the frikkin source code.
have this store in your own environment you control
It is modern too and reliable
The only limitation is your time and lack of inner drive.
No more excuses. Start learning now….
Everybody wants a deal?
Ok. Why don’t we do the old price of $247 USD equivelant in Bitcoin. Got that and want this course mentioned above? Let me know as we can arrange that fast! I am testing to see if anyone would be interested in this.
#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.
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.
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 de–peg 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,
P.S. Don’t forget about the current reduction in my re-vamped Elite membership program.
Get all my listed courses here at the top as well as annual Quant Analytics members.
It is all for the ultra low rate posted here
You will be saving over $2000 vs the public posted rate on my site.
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.
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.
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/group
Also stay up to date on my Facebook Page https://www.facebook.com/quant
Lasly, I do post about 20-30 Bloomberg ‘video charts’ on my Instagram at https://www.instagram.com/
Why 90% of traders will lose money?
Don’t forget about that 90/90/90 rule I talk about
Hedge Fund Investors Dump Humans for Computers, Still Lose
Maybe the computers were not programmed right ?
FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!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
Most private traders doomed to lose money?
I keep hammering these points in my emails
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.
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.
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.FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!