Trader : Master, I am getting continuous losses. Trading is not for me.
Master : Don't worry, This shall pass..
After one month,
Trader : Master, I had one of the best months. Back to back profits, Trading is awesome.
Master : Be calm, This too shall pass..
A simple quant advice(Intraday context) which can save you lot of money.
Don't trade directional strategies on Tuesday's and non-directional strategies on Friday's.
A simple quant advice(Intraday context) which can save you lot of money.
Don't trade directional strategies on Tuesday's and non-directional strategies on Friday's.
I was checking simple ORB 15 mins breakout with #BankNifty and surprised to see that most of the profits are coming from Mondays.The average profit per trade is 3 times higher on Monday. Start of the week bringing in more volatility I guess. Why does Monday have such an impact?๐ค
Completed a 4 week algo trading program to a group of 25 members. Started with basics of python to deploying the algos on cloud.
First attempt, Quite an experience..
It is easy to overcomplicate and intimidate. We all know the people - teachers, peers, bosses - who try to do this.
Do not be fooled - complexity and jargon are often used to mask a lack of deep understanding.
Remember The Feynman Technique. Find beauty in simplicity.
@SriQuantTrading With Srikanth's vast trading experience and knowledge helps novices to learn the basics of coding till automate the strategies with in a short span of time. Thank you
Completed a 4 week algo trading program to a group of 25 members. Started with basics of python to deploying the algos on cloud.
First attempt, Quite an experience..