LET'S TALK ABOUT ALGO TRADING | Traders Hideout


futures.io - futures trading strategies, market news, trading charts and platforms


Traders Hideout


Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons




 

LET'S TALK ABOUT ALGO TRADING

  #12 (permalink)

Merida, Yucatan, Mexico
 
 
Posts: 101 since Nov 2010
Thanks: 14 given, 57 received

You need to start with a strategy that has an edge. Can you turn it into quantitative instructions that can be coded? How do you enter a trade? What are your stops and targets? How do you know when it is not going your way and it is time to exit? How do you manage the trade once you have entered? Code it up and test it backwards and forwards. Don't count on "lights out" trading until you know it works without baby sitting. It will take time, lots of it. Many of your test strategies will be losers.


Sent from my iPad using futures.io

Reply With Quote
The following user says Thank You to bradhouser for this post: