Books for Algorithmic Trading I Wish I Had Read Sooner
HTML-код
- Опубликовано: 27 сен 2024
- In this video I show my favorite books for algorithmic trading. These are not the only books I've read but they are the ones I've found most useful.
Patreon: / neurotrader
The content covered on this channel is NOT to be considered as any financial or investment advice. Past results are not necessarily indicative of future results. This content is purely for education/entertainment.
I feel uncomfortable on behalf of those books
😂😂
😂
😁😁😆😆🤣🤣
🤣🤣🤣 broke the matrix
Why? Seriosly im curious.
I couldn't watch any further because of the creepy hand gestures.
Filtered
Haha
The stroking is very weird
Cool that you had Timothy Masters on the list. I have a bunch of his books and actually invited him to speak for our research group at Binghamton, since he lives near by. Very intelligent guy and super humble.
The underground content in this channel is pure gold for those who appreciate it. Subscribed.
Nice, I’m reading Detecting Regime Change right now as I always had a different understanding about regimes. Went through the same struggles of brain melting seeing math on these books the first time, so for any beginner I would also recommend (although they are not directly linked to trading, these books helps you come up with things that never exist anywhere)
1. Python for Scientific Computing and Artificial Intelligence, Stephen Lynch (For absolute beginners, get your basics and logical thinking right)
2. Applied Mathematics with Open-Source Software: Operational Research Problems with Python and R , Vincent Knight
3. Applied Evolutionary Algorithms for Engineers Using Python, Leonardo Azevedo Scardua
4. Quantitative Finance with Python! A Practical Guide to Investment Management, Trading, and Financial Engineering, Chris Kelliher
5. Machine Learning: Theory and Practice, Jugal Kalita
Finally all the books recommended in the video, every one of them is an absolute read, don’t know about the last one, I’m still reading it, and for professors Steve Brunton, I am following his video lectures during my free time instead of the book so I can make notes along with him.
Interesting list, I'll have to look into a few of those. The evolutionary algorithms book I've never seen before. A book I forgot to include is Clever Algorithms by Jason Brownlee. It's a collection of nature-inspired optimization algorithms that I've found useful on a number of occasions. Might be similar.
@AI_BotBuilder I like Quantitative Finance with Python,but I dont see that book as something you would use for algorithmic trading, but rather the stuff used in the corpo word?
How is it? can it help with detecting calm vs trending markets?
You owe these books child support now. 😂❤
Thanks for uploading a REAL video about quant/algorithmic trading. Instantly subscribed.
Or trauma support
Man we need a full video on how to start algo trading and quantitative trading from scratch PLEASE
That’s what I’m looking for
Not sure how I stumbled upon your channel, it was god send. Grabed a few of those books to read, they have a solutions for many of my problems from when i tried to deploy my own systems
Keep going dude, You're killing it! Thanks for doing this.
Awesome list and thank you for taking your time to put this review together! Books are a great way to master a discipline and having a curated list like this is extremely valuable. Many here would probably agree.
I'd also add "Quantitative Portfolio Management - The Art and Science of Statistical Arbitrage" by Michael Isichenko. This one is more advanced, but reading it is like doing a Master's in Quantitative Trading - every page is full of intellectual discoveries that collectively build up a solid foundation.
Hi, can you make a video for 'the path of a trader in 2023?'
I've been on a learning journey in trading, including algorithmic trading and machine learning for trading, for the past year. Despite acquiring knowledge, I'm facing challenges in actual trading execution. While I resonate with the book recommendations, I'm seeking guidance on a structured path as a beginner. Specifically, I want to efficiently combine learning through books with practical implementation, all while not having prior trading experience. What steps should I take to start trading as a beginner? Which books should I prioritize, and what types of trades should I initiate? My goal is to optimize my learning by blending theory with hands-on experience and to begin trading consistently as soon as possible.
Can’t stop watching this kind of content enough.
I love RUclips for this.
Thanks. Nice sense of humor:) A little tip for newcomers: As someone who has been trading for the last 20+ years and consistently making money, I haven't read a single book about trading for the last 15 years or so. And you don't have to either.
So, you read trading books your beginner years😅
Which ones did you read in earlier years ?
Good content, thanks for the suggestions and reviews.
Beautiful list, I consider buying all of them probably.
Also cudos for your positive weirdness in the video :-D
Im curious - does anyone here ACTUALLY have a trading bot which earns money or is everyone "smartly losing" all their cash?
Brunton's book and series of YT videos are a delight, strongly recommended.
THNAK YOU FOR THIS BOOKS
although i use mql5 for my strategies, i have been motivated by ur videos watched all videos and so inspired .your data driven approach is very so easily and fully explained . keep up the good work. 😁
Thanks for sharing your knowledge
Thanks so much for that wonderful collection! I have a question, please, if you allow. When backtesting the algo, would you rather test each month individually or focus on the bigger picture, like 2023, 2022 or even a biyearly period?
I just wonder whether the individual month or year is better for improving the results or does it depend on the personal goals for the algo?
Them books love it
Thank you for posting this video
This vid compelled me to subscribe. Thanks.
Is there a way to get all the info from all those books in a single 1 hour video?
For some reason I have this desire to subscribe to the channel, and write 'wash me' on my car
I am fan of ypur contents man. Great
Thanks for your videos dude ♥
Why are you molesting the books?
thanks for your sharing
What about Automatic Investment Management by Robert Lichello?
Like Queen band says, "I want it all, and want it now"
11:12: The tomes
What is your avg yearly return?
Thank you ✌️
No offense. Just wondering how much $$ making increased after you finished all these reading?
Thank you @neurotrader for this list! For the books in th beginner category, which one do you think is the best to go directly to code in Python?
Hi, I'm a software engineer and I've been a manual trader for 7 years but only recently (past few months) got into algorithmic trading. What should I expect in terms of how much money I can make? Is it more of a full-time job thing or just a small passive income? Because I noticed a lot of profitable strategies have pretty small annual return for it to be a monthly income.
I like your Chanel I hate your hands moving😂
I was hoping someone to say this
Can't watch the video
Great books. Thnx a lot ❤
Can you point me to a resource or give some tips on how to build and test a "Bayesian" setup from multiple setups? For example let's say I have 3 setups, one on the 4 hour timeframe, another on the 1 hour timeframe and another on the 15 minute timeframe.
My prior would be weighing the higher timeframes more heavily while taking a decision to long/short after a signal has been generated and also adjusting my Take Profit and SL as a linear combination of these three setups.
But I want to be able to adjust this prior over the training data to arrive at some optimal combination and then test it. How should I proceed? I was looking at Bayesian Hierarchical Models but don't know if this is the right approach.
The idea is to automate the concept of "multiple confirmations" that people look for when trading manually.
I've never had multi-timeframe systems work well for me, so I'm probably not the person to ask. The lower timeframes contain all the information the higher timeframes do, I just adjust the lookback of indicators to achieve mostly the same result. I've only used daily + hourly because because some alternate data comes in at a daily rate.
My best guess would be to keep it simple. Test each setup individually, ensuring each has its own merit. Then wait for the signal from all three timeframes to trigger close together. Creating a single setup. Adjusting TP and SL could be done by assessing multiple ATR multipliers with three-barrier labels (see advances in financial machine learning). Then update the probabilities of each label with bayes after each trade. Selecting the one with highest probability of working. I don't know if this would be effective, just spitballing.
As for a linear combination of the setups, Assessing and Improving Prediction Classification has a section about combining multiple models with a linear model. Idk how that ties into multi-timeframe though.
One good way to find out the 'best' result is to test it. Creating a variable score for each setup and combining different combinations based on weighting to identify the most ideal outcome based on returns, stability and predictability.
how about the book "algorithmic trading" by ernie chan. Seems like a good beginner book.
So I need to get these in audio books and get these in PDF versions as well…
Appreciate your mind my dude..
Any other fellow coders?
i recommend you just get the pdf and read it or physical copy bro
Aren't these books too old? I'm sure alot of things changed, do you recommend something more up to date?
I just subscribed your Patreon, which material or video should I start to learn your trading strategy? Thanks.
Thank you! I trade several strategies. The thing to learn is how to develop strategies, rather than specific ones. As all strategies tend to have their performance decay over time. The donchian channel video on my channel is robust and very simple. It's a good starting point.
Hi,
Can you make a video on how/where to deploy your model and what is involved in that process?
please suggest some books or papers focusing on mean reversion strategies and concepts.
Thank you
"I like money and, I have no shame" fucking killed me
So considering the time invested in reading and understanding these works, was it worth it as an investment? (did you make money?)
thank you bro
Omg you said niche the way i say it, so many people pronounce it nit-ch
I couldn’t watch it after the first minute with the “hand”. Why do that??
can you share the names of the books as a text document?
How nice to read and study. I wish I had more time. 24 hours is very few for 1 day😃
all cool staff.
The way you ‘handle’ those books got me laughing 😂
Financial Engineering, Algorithmic Trading, Machine Learning Strategies... I think that all of these are meaningful to the general public when they are ultimately profitable. Do you have any automated trading tools or algorithms that generate consistent profits, even if they are small? If so, connect to your mock broker and update your earnings often, and you will have a huge number of subscribers and a lot of people want to know about everything you want to talk about. I have some ideas and strategies, but I don't know how to code, so I asked chat-gpt, and they weren't good at it. I envy you for being able to do this well.
Chat gpt is suitable for optimising or explaining codes, not to make industrial robust. Especially awful at MQL5. I agree with all you said 👍
@@KaiAlgo yes. ChatGPT adds simple signals to TradingView indicators and displays them on candlesticks, but coding complex algorithms with PineScript causes a lot of errors.
I assure you the general public couldn't care less about this stuff, even if I was making insane profits.
Depends on what you mean by consistency. My "best" strategies are relative momentum strategies which are far from consistent. They do really well for a brief period once or twice a year and are dormant for the rest of the time. I would call Mean reversion more consistent, many small profits with the occasional awful loss.
The chatGPT stuff for trading is all hype, I've seen a ton of youtube videos having chatGPT make a strategy (which they then call "AI trading" for clicks). When in reality it prints out some moving average crossover derivative that everyone has heard of. It's a language model, not a market model.
@@KaiAlgo use c++ then modify it to mql5.
Hi mate, are you still looking for help with developing your ideas or coding your strategies? I help crypto traders build custom crypto trading bots. So if your ideas are for trading crypto, then maybe I can help? Please let me know if you would like to see a demo.
I also read Robert Carver's systematic trading, it's a great book and I plan to read smart portfolio by Robert Carver...If you have any other book that you would recommend it, please share it, thanks. Also, do you have any experience in using RTX graphic card to train neural network? if there is a good book about that, please let me know. I am very very interested in learning about it
Hello nurotrader! Did you learn algo trading all by yourself or did you go to school for that?
I learned from reading these books mainly. I have a 4 year degree in computer science which I suppose helped with the coding part of algo trading.
As a total newbie is Leveraged Trading by Robert Carver a good beginner book before reading systematic trading? Thanks
Bro! Missed a good opportunity to earn some affiliate revenue on book links!
I know. Unfortunately Amazon wouldn't accept me for their affiliate program, I'll probably add links whenever I'm 'famous' enough to be accepted.
@@neurotrader888 I'm surprised you didn't have Evidence Based Technical Analysis on this list. But assume it's redundant if you've read these books. It's not as well written and has a lot of repeated content but it's still pretty good.
@@brandonjohnson8880 tbh I forgot about that book. I've read it but don't own a physical copy to remind me of its existence. I would have included it..
good one
bro your hand sliding up and down gives me some uncanny HowToBasic feelings 😬
Me too, I can't watch the video
oh men, what do i got involved my self into? yt algo?
How much moola did you rake in after reading all these books?
Thank you for sharing useful books on the topic. I am currently researching for backtesting evaluation methods, I found some interesting articles from Marcos Lopez de Prado. I would love a video on this topic or any suggestion that comes to your mind !
If you haven't read it already, The "probability of backtest overfitting" is a paper worth reading.
www.davidhbailey.com/dhbpapers/backtest-prob.pdf
@@neurotrader888 thanks I'll check it out
Beautiful hands!
I will subscribe once you dust off your gear....
just kidding, I already subscribed
-Fooled by Randomness
by Nassim Taleb.
-15 Lies About Trading and Investing and
-Fooled By Technical Analysis
by Michael Harris
How he’s feeling the books… it rubs the lotion on its skin…
Can't you afford a nicer desk? How good can any of these books be?
Will reading all these books make me rich?
So now that you read them are you making money? 🤔
Has anyone found a digital copy of statistical sound indicators…?
hey lls if you found it let me knkw im searching for it
Is beginner like me that has no programming background, can subscribe your patreon?
Okay I will subscribe for all the dust in your PC
Bro forced me to subsribe 💀
your raspberry pi CPU should be throttled , if not heatsink on it
after watching this video, i realize i am not smart enough for algotrading.......
Do you need to stroke the books during the video? Bit off putting
great content! somehow I was drawn to subscribe to the channel in a very dusty way... lol
Bro's harassing the books too much
I’m not bashing books, but reading won’t make you a better reader. Trading will
Are you working in finance? Or is this more of a hobby thing for you?
there is a hidden message here 4:10
Video title "The touching"
Touching and rubbing, 'cause books are sexiest things ever...
You sound a little like unbiased trading
you’re fucking savage 😹😹😹
looks author loves reading, not trading
Books aren't terribly useful. Best is to practice everyday and write tons of code 😄
Is this video in english😅?
I have been trading for over 25 years and anything can happen at anytime with the price of a stock and it will make no sense why. Get information about companies before the professional traders do and place your bet
I like the video but whats up with the way you are touching the books 😂😂
Bibliophile
appreciate the good video, just stop molesting the books please
Why is bro stroking the books 😆
@:50 wtf is this annoying hand dusting kind of thing on book ;/////
are you profitable trader ?:)
I made millions reading 0 books. Books are information overload. All you need is a INFORMATION from your trading journal. If its hard to mentor yourself, you need a person overlooking you while you making trading decisions and asking you questions.
Hard disagree. You might be right about regular trading but this specifically is for algorithmic trading. No trading journal will give you the same info these books will.
I actually kept a trading journal so I know where you're coming from and think it's absolutely the case for trading normally or even day trading. But that's neither here nor there.
Why are you petting your books 😂