Monday, 7 January 2019

No Trading Plan Required

I've been a lot quieter in my posts for the last couple of years as my daughter Kiki and I have been working hard to evolve our trading businesses as we experience these huge market changes that look to be staying with us for a long time to come.

We're also looking for a way for traders to achieve CP more readily.

As you probably have seen from some of the comments, our solution is algos. Today, a vast majority of the volume generated on the various exchanges is the result of automated trading systems or algos.

There are many reasons why most, if not all, institutions are using algos, but the primary reason is that it makes a lot of money. Just look at the Goldmans and Morgans of this world and their profit statements.

Technology is now available, if you know how to use it, to put you on an even playing field with the big boys.

You need to be smart in creating an algo but as the post title says, no trading plan is needed after that.

We plan to provide more details later this month.

1 comment:

  1. JENRIQUE42

    SI BIEN ESTA USTED EN LO CIERTO EL TRADNG ALGORITMICO NO ES PARA TODO EL MUNDO, PARA ENTRAR EN ESTE MUNDO HAY QUE TENER UNA BUENA O BUENISIMA BASE DE TRADING, DE COMPRENSION Y SABER COMO TRABAJAN LOS MARKETS ETC ETC, NI SIQUIERA COMPRANDO UN ALGORITMO CON INSTRUCIONES
    PORQUE UNA VEZ COMPRADO, ESTA EL QUE MIRAR Y EL DONDE SALIR, NO ES TAN SOLO DARLE AL DEDITO Y HACERLO CORRER Y ESO LA MAYORIA DE LA GENTE NO LO VE POR EL TRABAJO INMENSO QUE LLEVA ASOCIADO
    ES MAS EL TRADING ALGORITMICO DENTRO DE POCO, ALGUNOS AÑOS, SE QUEDARA DESFASADO Y ENTRARA EN ESTE MUNDO LA INTELIGENCIA ARTIFICIAL, AI, Y EL MACHINE LEARNIG, CON REDES NEURONALES INCLUIDAS
    CON EL TRADING EN SI SERA MAS FACIL PERO A LA VEZ MAS DIFICIL ...

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