"Full-Time AUTOMATED TRADING" - Matt DeLong | Trader Interview
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- Опубликовано: 27 апр 2019
- FREE Case Study "Quitting Your Job To Trade Full-Time": d2t.link/case-study
In episode 192 of the Desire To Trade Podcast, I interview Matt DeLong, an algorithmic trader & business owner to discuss the process of running a fully automated trading business.
Over time, Matt went from being a manual day trader to making returns in the market through the use of algorithmic trading strategies.
While I find interest in the topic of algorithmic trading, I find a lot of value in speaking with people who are in-the-action and executing on their ideas. That's primarily why I wanted to bring Matt on the show!
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Algo's can save time in the end but are a lot of work to start with. Thanks E great interview.
That's right... but it's all worth it :)
That's my concern, it is auto but come with work before working "properly"
Really cool. Lots of good advice🏆
Very good interview... Seems like they are building a business like a prop firm.
trading cfd's with Ea on mt5 on a vps - I had no idea how lucky we are - his system sounds crazy complicated - and really difficult.
Great.
Great
Matt DeLong. That’s a man who was born to trade.
Haha! Glad you enjoyed the interview!
Amazing how nobody streams these ALGO's in a live market on a small time frame, I wonder why
Wonder no more. People rarely give away Rolls Royces or gold watches to random strangers. A good algo system is worth considerably more. The most successful algo traders keep the detail of their methods to themselves.
God dammned, you have over 100k subscribers, can you make the sound better or ask your guests not to use those crappy mics and use at least an iphone as mic and webcam?
What are you taking away from this interview with Matt?
First impression: Matt needs to splurge on a better webcam and a nice microphone. Still, fantastic content. Great guest. Algo Traders like Matt are very rare and I'm very thankful that he decided to come onto the podcast. Keep it up, Etienne!
Im doing my doing my own automated system from having programmed other things. I have to say I was getting a bit paranoid on the part of "what if this doesnt work" at each moving part because money is on the line. Matt sorta confirms this mindset or suspicion because there is no playbook and Ive come across a lot of weird/unsual behaviour either on the broker side or mt4 bottlenecks. Really have to adopt a murphys law / code with belt and suspenders mindset.
How do I build my own algos?
I'll do a special video series on that
Man I don't know how you guys do they always have problems lately
What problems?
i cant understand the interviewer. good content but he is hard to understand
yep manual trading will die off soon
@Matt DeLong After reading Rays Dalio "Principles" and Michael's Lewis "Flash Boys: A Wall Street Revolt" I personally think there is less and less space for manual trading. Ray describes his algo that takes in account thousands economical variables around the world to time markets and allocate capital accordingly. In Flash Boys you can read about HFT firms who don't take any risk in holding assets and have no loosing days. I bet you know about this books. So I came to conclusion that manual trader is weakest player in the markets. Basically soon there will be just algos or AI trading, just matter of time. May be I'm totally wrong. What you think about future of trading? Sorry for my bad English.
No it won't - most retail traders simply don't have the skills to pull it off. Nor do they have any motivation to learn.
And it's possible to make very good returns with manual trading, if you have the stamina and self-discipline to stick at it.