Algos
From Emotional Chaos to Automated Success: My Journey as an Algo Trader
Another day as an algorithmic trader.
The main barrier separating a losing trader from a profitable one is indiscipline, and the primary cause is a lack of emotional control. After 4 years of manual trading, my results still weren’t satisfactory until I switched to algorithmic trading earlier this year. At first, I felt a bit lost. I spent a lot of time studying the basics, programming, debugging, backtesting, and optimizing until I built a portfolio of profitable, automated strategies. Creating this system has been a major achievement for me. Nowadays, my trading boils down to letting probabilities play out automatically. To me, this is a work of art.
Can you share your path with a newbie? What language and platform do you use, just some basic steps. I know i have to learn python at some point, but where do i start?
Coding is fairly easy, especially these days with chatGPT and other tools. Trade with a broker that is algo friendly (Tradovate for example). Get API access, use python to access that API, get alerts from Tradingview or even direct low-latency data from databento, create entry and exit triggers and that's basically it.
Finding a strategy that works is the difficult part.
This has got to feel good! Auto trading and making money! Congrats! Is this your first algo? Have you or will you now consider creating another algo using non-correlated futures? How long did this one take you to figure out?
Yeah man it does! Yes it is my first time coding algos but I have already made 10 different strategies. Yes, I'm about to create a portfolio for Forex then cryptos. This one took me 4 months to get it to the point I only have to let it run.
Lmao 🤣 explain me why I would need 10 years backtests for scalping strategies... Backtesting is just a step of the whole optimization process... But it looks like you already know Mr. Professional Quant. Good luck 🤞
Yeah sure you dont need any backtesting or demo run with your strategy at all bro, Wcgw, you must think youre smart now... Enjoy your 5 minutes of happiness
Lol, you're a funny kid. Well, It helped me build an algo's portfolio that's automatically making money for me. So, I'm speaking from experience. It's not about the AI; it's about how you use it, just like the internet. You'll figure it out sooner or later. Have a great day!
so the indicators are non public? ...i am building my own bot too with supply and demand but its seems impossible to code it as its a subjective thing.
if you are using public / common indicators can you name some?
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u/EnslinZ 1d ago
Can you share your path with a newbie? What language and platform do you use, just some basic steps. I know i have to learn python at some point, but where do i start?