FOREX Strategies

What are FOREX Strategies?
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You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:

Accumulation
Upward trend
Distribution
Downward trend

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The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.

By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:

Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:

Capital
Time available each day
Level of Experience
Personality

Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:

Accumulation
Bullish trend
Distribution
Bearish trend

Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.

Bullish trend: a succession of major highs and major lows
Bearish trend: a succession of minor highs and minor lows
Floor Range: equal highs and varied lows
Ceiling Range: equal minimums and varied maximums

https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:

The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
The succession of major lows in the uptrend (thin blue lines)
The succession of major highs in the uptrend (thin green lines)
The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.

A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:

The Price: structure and dynamics
Market sentiment: relative strength, external shocks, etc.
Psychology: flexible mindset and risk acceptance

After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!

fintech #algotrading #hedgefunds #quants #hft

e-Forex Magazine | Machine learning stirs up competition in FX Algo TradingIvy Schmerken Though capital markets firms have been adopting artificial intelligence and machine learning to train algorithms for equity trading, recently this trend has expanded to foreign exchange. Ivy Schmerken, Editorial Director at Flextrade Systems, has written widely about this topic and we asked her to revisit it for e-Forex. By crunching vast quantities of data by computer, machine learning algorithms can identify hidden patterns in past data and learn to forecast stock market returns or FX currency pairs. Large banks have been investing millions into advanced technologies such as AI and machine learning to capture a bigger share of the algo trading market.
JP Morgan developed a new algorithm dubbed DNA – or Deep Neural Network for Algo Execution to merge what a multitude of algos do into a single strategy, allowing the framework to decide how a client’s order should be executed, reported Reuters .....
Continue reading at: https://www.e-forex.net/articles/aug-2020-machine-learning-stirs-up-competition-in-fx-algo-trading.html

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

That’s Fast! High-Frequency and Algorithmic Trading- Ticker Tape Think fast: you’ve probably heard of high-frequency trading or algorithmic trading. But do you know what it is, or what it “looks” like? High-frequency trading (or HFT) is well-established in today’s markets—here to stay. Yet, HFT isn’t especially well understood, and it’s often a source of controversy.
Generally speaking, it does carry some baggage, and there are valid reasons for that. But HFT and algorithmic (“algo”) trading often get get a bum rap, many market professionals say, and that high-speed algorithms do benefit markets and individual investors in key ways.
One primary source of confusion: there is not yet a widely accepted definition, says Ovidio Montemayor, managing director of trading operations and order routing at TD Ameritrade. In many ways, high-frequency trading is just one of many examples of the new, digitally driven “speed of business,” he adds—rapid advancements in computing power and data a.....
Continue reading at: https://tickertape.tdameritrade.com/trading/high-frequency-algorithmic-trading-17182

Serious question: not a knock on people who have found success with this!
I'm genuinely curious why new traders try starting out by trading the hyper-liquid assets that are so heavily dominated by massive volume from institutions/HFTs/Hedge Funds/Algos etc? Large cap stocks, major forex pairs, commodities, and futures/ETFs/options on these?
I would imagine retail wants to trade with other retail, but these assets are overwhelmingly dominated by "professionals". On the flip side, low cap stocks, obscure currencies, even crypto have a much much higher percentage of volume coming from retail. I would think that's where retail would want to start because it's so much easier to "beat" retail than it is to beat sophisticated algos.
The liquidity is virtually infinite for a retail trader, so in theory there's unlimited upside, but you're competing with the largest and most sophisticated players in the world. For example HFTs trade on news within microseconds and transmit information across the country at close to the speed of light. The liquidity and order flow in SPX instruments comes from not only futures, SPY, underlyings (and options) but so much occurs inside darkpools that are invisible to retail.
Edit: this reminds me of the study published here about futures day traders in Brazil. The study concluded, in essence, that retail traders trading the "Mini-Ibovespa futures" (Brazil's E-mini) essentially never profited in any meaningful sense. Of the 19646 day traders they followed, only 3% had any profit at all after 300 days, and only 0.4% made more than $54/day. The single best performer of the nearly 20k profited just $310/day with massive volatility to his/her daily profits. Also, traders didn't appear to get better over time.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101
Again not criticizing people who turn profit but it just seems so much harder to do.
Thanks!

So here it is, three more days and October begins, which marks one year of trading for me. I figured I would contribute to the forum and share some of my experience, a little about me, and what I've learned so far. Whoever wants to listen, that's great. This might get long so buckle up..
Three years ago, I was visiting Toronto. I don't get out much, but my roommate at the time travels there occasionally. He asked everyone at our place if we wanted to come along for a weekend. My roommate has an uncle that lives there and we didn't have to worry about a hotel because his uncle owns a small house that's unlived in which we could stay at. I was the only one to go with. Anyways, we walk around the city, seeing the sights and whatnot.
My friend says to me "where next?"
"I don't know, you're the tour guide"
"We can go check out Bay Street"
"what's 'Bay Street?'"
"It's like the Canadian Wall street! If you haven't seen it you gotta see it!"
Walking along Bay, I admire all the nice buildings and architecture, everything seems larger than life to me. I love things like that. The huge granite facades with intricate designs and towering pillars to make you think, How the fuck did they make that? My attention pivots to a man walking on the sidewalk opposite us. His gait stood out among everyone, he walked with such a purpose.. He laughed into the cell phone to his ear. In the elbow-shoving city environment, he moved with a stride that exuded a power which not only commanded respect, but assumed it. I bet HE can get a text back, hell he's probably got girls waiting on him. This dude was dressed to kill, a navy suit that you could just tell from across the street was way out of my budget, it was a nice fucking suit. I want that. His life, across the street, seemed a world a way from my own. I've worn a suit maybe twice in my life. For my first communion, it was too big for me, I was eleven or whatever so who gives a shit, right? I'm positive I looked ridiculous. The other time? I can't remember.
I want that. I want the suit. I want the wealth, the independence. I want the respect and power, and I don't give a shit what anyone thinks about it.
Cue self doubt.
Well, He's probably some rich banker's son. That's a world you're born into. I don't know shit about it. \sigh* keep walking..*

A year later, I'm visiting my parents at their house, they live an hour away from my place. My dad is back from Tennessee, his engineering job was laying people off and he got canned... Or he saw the end was near and just left... I don't know, hard to pay attention to the guy honestly because he kind of just drones on and on. ("Wait, so your mom lives in Michigan, but your dad moved to Tennessee... for a job?" Yea man, I don't fucking know, not going to touch on that one.) The whole project was a shit show that was doomed to never get done, the way he tells it. And he's obviously jaded from multiple similar experiences at other life-sucking engineer jobs. My mom is a retired nurse practitioner who no longer works because of her illness. I ask him what he's doing for work now and he tells me he trades stocks from home. I didn't even know you could do that. I didn't know "trading" was a thing. I thought you just invest and hope for the best.
"Oh that's cool, how much money do you need to do that?"
"Ehh, most say you need at least $25,000 as a minimum"
"Oh... guess I can't do that..."
Six months later, I get a call and it's my dad. We talk a little about whatever. Off topic, he starts asking if I'm happy doing what I'm doing (I was a painter, commercial and residential) I tell him yes but it's kind of a pain in the ass and I don't see it as a long term thing. Then he gets around to asking if I'd like to come work with him. He basically pitches it to me. I'm not one to be sold on something, I'm always skeptical. So I ask all the questions that any rational person would ask and he just swats them away with reassuring phrases. He was real confident about it. But basically he says for this to work, I have to quit my job and move back home so he can teach me how to trade and be by my side so I don't do anything stupid. "~~My Name~~ , you can make so much money." I say that I can't raise the $25,000 because I'm not far above just living paycheck to paycheck. "I can help you out with that." Wow, okay, well... let me think about it.
My "maybe" very soon turned into a "definitely." So over the next six months, I continue to work my day job painting, and I try to save up what I could for the transition (it wasn't a whole lot, I sucked at saving. I was great at spending though!). My dad gives me a book on day trading (which I will mention later) and I teach myself what I can about the stock market using Investopedia. Also in the meantime, my dad sends me encouraging emails. He tells me to think of an annual income I would like to make as a trader, and used "more than $100,000 but less than a million" as a guideline. He tells me about stocks that he traded that day or just ones that moved and describes the basic price action and the prices to buy and sell at. Basically saying "if you bought X amount of shares here and sold it at X price here, you could make a quick 500 bucks!" I then use a trading sim to trade those symbols and try to emulate what he says. Piece of cake. ;)
Wow, that's way more than what I make in a day.
He tells me not to tell anyone about my trading because most people just think it's gambling. "Don't tell your Mom either." He says most people who try this fail because they don't know how to stop out and take a loss. He talks about how every day he was in a popular chatroom, some noob would say something like, "Hey guys, I bought at X price (high of day or thereabout), my account is down 80% .. uhh I'm waiting for it to come back to my entry price.. what do I do??"
Well shit, I'm not that fucking dumb. If that's all it takes to make it is to buy low, sell high, and always respect a stop then I'll be fantastic.
By the end of September, I was very determined. I had been looking forward everyday to quitting my painting job because while it used to be something I loved, it was just sucking the life out of me at this point. Especially working commercial, you just get worked like a dog. I wasn't living up to my potential with that job and I felt awful for it every minute of every day. I knew that I needed a job where I could use my brain instead of slaving my body to fulfill someone else's dream. "Someone's gotta put gas in the boss's boat" That's a line my buddy once said that he probably doesn't know sticks with me to this day.
It ain't me.
So now it was October 2018, and I'm back living with Mom n' Pops. I was so determined that on my last day of work I gave away all of my painting tools to my buddy like, "here, I don't need this shit." Moving out of my rental was easy because I don't own much, 'can't take it with ya.' Excited for the future I now spend my days bundled up in winter wear in the cold air of our hoarder-like basement with a space heater at my feet. My laptop connected to a TV monitor, I'm looking at stocks next to my dad and his screens in his cluttered corner. Our Trading Dungeon. I don't trade any money, (I wasn't aware of any real-time sim programs) I just watch and learn from my dad. Now you've got to keep in mind, and look at a chart of the S&P, this is right at the beginning of Oct '18, I came in right at the market top. Right at the start of the shit-show. For the next three or four weeks, I watch my dad pretty much scratch on every trade, taking small loss after small loss, and cursing under his breath at the screen.
Click.
"dammit."
Click.
"shit."
Click. Click.
"you fuck."
Click.
This gets really fucking annoying as time goes on, for weeks, and I get this attitude like ugh, just let me do it. I'll make us some fucking money. So I convince him to let me start trading live. I didn't know anything about brokers so I set up an account using his broker, which was Fidelity. It was a pain and I had to jump through a lot of hoops to be able to day trade with this broker. I actually had to make a joint account with my dad as I couldn't get approved for margin because my credit score is shit (never owned a credit card) and my net worth, not much. Anyways, they straight up discourage day trading and I get all kinds of warning messages with big red letters that made me shit myself like oooaaahhh what the fuck did I do now. Did I forget to close a position?? Did I fat finger an order? Am I now in debt for thousands of dollars to Fidelity?? They're going to come after me like they came after Madoff. Even after you are approved for PDT you still get these warning messages in your account. Some would say if I didn't comply with "whatever rule" they'd even suspend my account for 60 days. It was ridiculous, hard to describe because it doesn't make sense, and it took the support guy on the phone a good 20 minutes to explain it to me. Basically I got the answer "yea it's all good, you did nothing wrong. As long as you have the cash in your account to cover whatever the trade balance was" So I just kept getting these warnings that I had to ignore everyday. I hate Fidelity.
My fist day trading, I made a few so-so trades and then I got impatient. I saw YECO breaking out and I chased, soon realized I chased, so I got out. -$500. Shit, I have to make that back, I don't want my dad to see this. Got back in. Shit. -$400. So my first day trading, I lost $900. My dumbass was using market orders so that sure didn't help. I reeled the risk back and traded more proper position size for a while, but the commissions for a round trip are $10, so taking six trades per day, I'm losing $60 at a minimum on top of my losing trades. Quickly I realized I didn't know what the hell I was doing. What about my dad? Does HE know? One day, in the trading dungeon, I was frustrated with the experience I'd been having and just feeling lost overall. I asked him.
"So, are you consistently profitable?"
"mmm... I do alright."
"Yea but like, are you consistently profitable over time?"
.........................
"I do alright."
Silence.
"Do you know any consistently profitable traders?"
"Well the one who wrote that book I gave you, Tina Turner.. umm and there's Ross Cameron"
......................
"So you don't know any consistently profitable traders, personally.. People who are not trying to sell you something?"
"no."
...................
Holy fucking shit, what did this idiot get me into. He can't even say it to my face and admit it.
This entire life decision, quitting my job, leaving my rental, moving from my city to back home, giving shit away, it all relied on that. I was supposed to be an apprentice to a consistently profitable day trader who trades for a living. It was so assumed, that I never even thought to ask! Why would you tell your son to quit his job for something that you yourself cannot do? Is this all a scam? Did my dad get sold a DREAM? Did I buy into some kind of ponzi scheme? How many of those winning trades he showed me did he actually take? Are there ANY consistently profitable DAY TRADERS who TRADE FOR A LIVING? Why do 90% fail? Is it because the other 10% are scamming the rest in some way? Completely lost, I just had no clue what was what. If I was going to succeed at this, if it was even possible to succeed at this, it was entirely up to me. I had to figure it out. I still remember the feeling like an overwhelming, crushing weight on me as it all sunk in. This is going to be a big deal.. I'm not the type to give up though. In that moment, I said to myself,
I'm going to fucking win at this. I don't know if this is possible, but I'm going to find out. I cannot say with certainty that I will succeed, but no matter what, I will not give up. I'm going to give all of myself to this. I will find the truth.
It was a deep moment for me. I don't like getting on my soapbox, but when I said those things, I meant it. I really, really meant it. I still do, and I still will.
Now it might seem like I'm being hard on my dad. He has done a lot for me and I am very grateful for that. We're sarcastic as hell to each other, I love the bastard. Hell, I wouldn't have the opportunity to trade at all if not for him. But maybe you can also understand how overwhelmed I felt at that time. Not on purpose, of course he means well. But I am not a trusting person at all and I was willing to put trust into him after all the convincing and was very disappointed when I witnessed the reality of the situation. I would have structured this transition to trading differently, you don't just quit your job and start trading. Nobody was there to tell me that! I was told quite the opposite. I'm glad it happened anyway, so fuck it. I heard Kevin O'Leary once say,
"If I knew in the beginning how difficult starting a business was, I don't know that I ever would've started."
This applies very much to my experience.
So what did I do? Well like everyone I read and read and Googled and Youtube'd my ass off. I sure as hell didn't pay for a course because I didn't have the money and I'm like 99% sure I would be disappointed by whatever they were teaching as pretty much everything can be found online or in books for cheap or free. Also I discovered Thinkorswim and I used that to sim trade in real-time for three months. This is way the hell different than going on a sim at 5x speed and just clicking a few buy and sell buttons. Lol, useless. When you sim trade in real-time you're forced to have a routine, and you're forced to experience missing trades with no chance to rewind or skip the boring parts. That's a step up because you're "in it". I also traded real money too, made some, lost more than I made. went back to sim. Traded live again, made some but lost more, fell back to PDT. Dad fronted me more cash. This has happened a few times. He's dug me out of some holes because he believes in me. I'm fortunate.
Oh yeah, about that book my dad gave me. It's called A Beginner's Guide to Day Trading Online by Toni Turner. This book... is shit. This was supposed to be my framework for how to trade and I swear it's like literally nothing in this book fucking works lol. I could tell this pretty early on, intuitively, just by looking at charts. It's basically a buy-the-breakout type strategy, if you want to call it a strategy. No real methodology to anything just vague crap and showing you cherry-picked charts with entries that are way too late. With experience in the markets you will eventually come to find that MOST BREAKOUTS FAIL. It talks about support/resistance lines and describes them as, "picture throwing a ball down at the floor, it bounces up and then it bounces down off the ceiling, then back up." So many asinine assumptions. These ideas are a text book way of how to trade like dumb money. Don't get me wrong, these trades can work but you need to be able to identify the setups which are more probable and identify reasons not to take others. So I basically had to un-learn all that shit.
Present day, I have a routine in place. I'm out of the dungeon and trade by myself in my room. I trade with a discount broker that is catered to day traders and doesn't rape me on commissions. My mornings have a framework for analyzing the news and economic events of the particular day, I journal so that I can recognize what I'm doing right and where I need to improve. I record my screens for later review to improve my tape reading skills. I am actually tracking my trades now and doing backtesting in equities as well as forex. I'm not a fast reader but I do read a lot, as much as I can. So far I have read about 17-18 books on trading and psychology. I've definitely got a lot more skilled at trading.
As of yet I am not net profitable. Writing that sounds like selling myself short though, honestly. Because a lot of my trades are very good and are executed well. I have talent. However, lesser quality trades and trades which are inappropriately sized/ attempted too many times bring down that P/L. I'm not the type of trader to ignore a stop, I'm more the trader that just widdles their account down with small losses. I trade live because at this point, sim has lost its value, live trading is the ultimate teacher. So I do trade live but I just don't go big like I did before, I keep it small.
I could show you trades that I did great on and make people think I'm killing it but I really just don't need the validation. I don't care, I'm real about it. I just want to get better. I don't need people to think I'm a genius, I'm just trying to make some money.
Psychologically, to be honest with you, I currently feel beaten down and exhausted. I put a lot of energy into this, and sometimes I work myself physically sick, it's happened multiple times. About once a week, usually Saturday, I get a headache that lasts all day. My body's stress rebound mechanism you might call it. Getting over one of those sick periods now, which is why I barely even traded this week. I know I missed a lot of volatility this week and some A+ setups but I really just don't give a shit lol. I just currently don't have the mental capital, I think anyone who's been day trading every day for a year or more can understand what I mean by that. I'm still being productive though. Again, I'm not here to present an image of some badass trader, just keeping it real. To give something 100% day after day while receiving so much resistance, it takes a toll on you. So a break is necessary to avoid making bad trading decisions. That being said, I'm progressing more and more and eliminating those lesser quality trades and identifying my bad habits. I take steps to control those habits and strengthen my good habits such as having a solid routine, doing review and market research, taking profits at the right times, etc.
So maybe I can give some advice to some that are new to day trading, those who are feeling lost, or just in general thinking "...What the fuck..." I thought that every night for the first 6 months lol.
First of all, manage expectations. If you read my story of how I came to be a trader, you can see I had a false impression of trading in many aspects. Give yourself a realistic time horizon to how progress should be made. Do not set a monetary goal for yourself, or any time-based goal that is measured in your P/L. If you tell yourself, "I want to make X per day, X per week, or X per year" you're setting yourself up to feel like shit every single day when it's clear as the blue sky that you won't reach that goal anytime soon. As a matter of fact, it will appear you are moving further AWAY from that goal if you just focus on your P/L, which brings me to my next point.
You will lose money. In the beginning, most likely, you will lose money. I did it, you'll do it, the greatest Paul Tudor Jones did it. Trading is a skill that needs to be developed, and it is a process. Just look at it as paying your tuition to the market. Sim is fine but don't assume you have acquired this skill until you are adept at trading real money. So when you do make that leap, just trade small.
Just survive. Trade small. get the experience. Protect your capital. To reach break even on your bottom line is a huge accomplishment. In many ways, experience and screen time are the secret sauce.
Have a routine. This is very important. I actually will probably make a more in-depth post in the future about this if people want it. When I first started, I was overwhelmed with the feeling "What the fuck am I supposed to DO?" I felt lost. There's no boss to tell you how to be productive or how to find the right stocks, which is mostly a blessing, but a curse for new traders.
All that shit you see, don't believe all that bullshit. You know what I'm talking about. The bragposting, the clickbait Youtube videos, the ads preying on you. "I made X amount of money in a day and I'm fucking 19 lolz look at my Lamborghini" It's all a gimmick to sell you the dream. It's designed to poke right at your insecurities, that's marketing at it's finest. As for the bragposting on forums honestly, who cares. And I'm not pointing fingers on this forum, just any trading forum in general. They are never adding anything of value to the community in their posts. They never say this is how I did it. No, they just want you to think they're a genius. I can show you my $900 day trading the shit out of TSLA, but that doesn't tell the whole story. Gamblers never show you when they lose, you might never hear from those guys again because behind the scenes, they over-leveraged themselves and blew up. Some may actually be consistently profitable and the trades are 100% legit. That's fantastic. But again, I don't care, and you shouldn't either. You shouldn't compare yourself to others.
"Everyone's a genius in a bull market" Here's the thing.. Markets change. Edges disappear. Trading strategies were made by traders who traded during times when everything they did worked. Buy all the breakouts? Sure! It's the fucking tech bubble! Everything works! I'm sure all those typical setups used to work fantastically at some point in time. But the more people realize them, the less effective they are. SOMEONE has to be losing money on the opposite side of a winning trade, and who's willing to do that when the trade is so obvious? That being said, some things are obvious AND still work. Technical analysis works... sometimes. The caveat to that is, filters. You need to, in some way, filter out certain setups from others. For example, you could say, "I won't take a wedge pattern setup on an intraday chart unless it is in a higher time frame uptrend, without nearby resistance, and trading above average volume with news on that day."
Have a plan. If you can't describe your plan, you don't have one. Think in probabilities. You should think entirely in "if, then" scenarios. If X has happens, then Y will probably happen. "If BABA breaks this premarket support level on the open I will look for a pop up to short into."
Backtest. Most traders lose mainly because they think they have an edge but they don't. You read these books and all this stuff online telling you "this is a high probability setup" but do you know that for a fact? There's different ways to backtest, but I think the best way for a beginner is manual backtesting with a chart and an excel sheet. This builds up that screen time and pattern recognition faster. This video shows how to do that. Once I saw someone do it, it didn't seem so boring and awful as I thought it was.
Intelligence is not enough. You're smarter than most people, that's great, but that alone is not enough to make you money in trading necessarily. Brilliant people try and fail at this all the time, lawyers, doctors, surgeons, engineers.. Why do they fail if they're so smart? ~~It's all a fucking scam.~~ No, a number of reasons, but the biggest is discipline and emotional intelligence.
Journal every day. ~~K no thanks, bro. That's fucking gay.~~ That's how I felt when I heard this advice but really that is pride and laziness talking. This is the process you need to do to learn what works for you and what doesn't. Review the trades you took, what your plan was, what actually happened, how you executed. Identify what you did well and what you can work on. This is how you develop discipline and emotional intelligence, by monitoring yourself. How you feel physically and mentally, and how these states affect your decision-making.
Always be learning. Read as much as you can. Good quality books. Here's the best I've read so far;
Market Wizards -Jack Schwager
One Good Trade -Mike Bellafiore
The Daily Trading Coach -Bret Steenbarger
Psycho-cybernetics -Maxwell Maltz
Why You Win or Lose -Fred Kelly
The Art and Science of Technical Analysis -Adam Grimes
Dark Pools -Scott Patterson
Be nimble. Everyday I do my research on the symbols I'm trading and the fundamental news that's driving them. I might be trading a large cap that's gapping up with a beat on EPS and revenue and positive guidance. But if I see that stock pop up and fail miserably on the open amidst huge selling pressure, and I look and see the broader market tanking, guess what, I'm getting short, and that's just day trading. The movement of the market, on an intraday timeframe, doesn't have to make logical sense.
Adapt. In March I used to be able to buy a breakout on a symbol and swing it for the majority of the day. In the summer I was basically scalping on the open and being done for the day. Volatility changes, and so do my profit targets.
Be accountable. Be humble. Be honest. I take 100% responsibility for every dime I've lost or made in the market. It's not the market makers fault, it wasn't the HFTs, I pressed the button. I know my bad habits and I know my good habits.. my strengths/ my weaknesses.
Protect yourself from toxicity. Stay away from traders and people on forums who just have that negative mindset. That "can't be done" mentality. ~~Day trading is a scam!!~~ It can certainly be done. ~~Prove it, you bastard.~~ I'm posting to this particular forum because I don't see much of that here and apparently the mods to a good job of not tolerating it. As the mod wrote in the rules, they're most likely raging from a loss. Also, the Stocktwits mentality of "AAPL is going to TANK on the open! $180, here we come. $$$" , or the grandiose stories, "I just knew AMZN was going to go up on earnings. I could feel it. I went ALL IN. Options money, baby! ka-ching!$" Lol, that is so toxic to a new trader. Get away from that. How will you be able to remain nimble when this is your thought process?
Be good to yourself. Stop beating yourself up. You're an entrepreneur. You're boldly going where no man has gone before. You've got balls.
Acknowledge your mistakes, don't identify with them. You are not your mistakes and you are not your bad habits. These are only things that you do, and you can take action necessary to do them less.
It doesn't matter what people think. Maybe they think you're a fool, a gambler. You don't need their approval. You don't need to talk to your co-workers and friends about it to satisfy some subconscious plea for guidance; is this a good idea?
You don't need anyone's permission to become the person you want to be.
They don't believe in you? Fuck 'em. I believe in you.

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

Tips and tricks for manipulating the market (and getting punished for it) - BSIC Market manipulation is nothing new and has been around for as long as markets have existed. Most methods rely on shifting perceptions about the marketplace, such as trade volumes, demand and supply on the order books, and other key determinants. Nevertheless, today’s increasingly complex computerized markets allow for new and innovative methods of market manipulation. Because of the fast pace of innovation and sometimes overwhelming complexity behind trading activity, regulation has at time lagged behind. Below are some explanations of different forms of market manipulation, and what has been done to address these behaviors. Spoofing & Layering Spoofing is a strategy whereby one places limit orders, and removes them before they are executed. By spoofing limit orders, perpetrators hope to distort other trader’s perceptions of market demand and supply. As an example, a large bid limit order could be .....
Continue reading at: http://www.bsic.it/marketmanipulation/

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

No, algorithms aren't causing all the wild stock market swingsBig fund managers tend to blame algorithmic trading when things go haywire in the stock market. But there are other factors adding complexity to this argument: A boom in disparate trading platforms makes price discovery difficult, and low trading volume."The electronification era remains one of the lowest-volatility periods on record despite the rise of high-frequency trading," according to trading news site Curatia.No, machines aren't causing all these wild stock market swings. The wild swings and see-sawing of markets these last few days was unprecedented in many ways. But one aspect of the week ended up being very predictable: Like clockwork after any sudden jolt and market event, big investors come out and point the finger at algorithms.
The argument goes something like this: Electronic trading programs feed off each other to cause an "invisible herding effect" that amplifies price moves, capable of turning a minor .....
Continue reading at: https://www.businessinsider.com/no-algorithms-arent-causing-all-the-wild-stock-market-swings-2018-12

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

Putting The Brakes On High-Frequency Trading With Physics In the middle of the East Coast’s slow broil in the summer of 2018, a curious phenomenon surfaced. As a tropical air mass settled in and smothered the metropolitan New York area, a certain breed of stock speculator began feeling the financial heat as the microwave signals linking together various data centers and exchanges began to slow down. These high-frequency traders rely on getting information a fraction of a second before other traders see the same thing and take advantage of minuscule price differences to make money hand over fist.
While you won’t catch us shedding many tears over the billions these speculators lost during the hot spell, we did find the fact that humidity can slow microwave propagation enough to make this a problem for them a fascinating subject, enough so that we covered it in some detail at the time. While financial markets come and go and the technology to capitalize them changes at a breakneck pac.....
Continue reading at: https://hackaday.com/2019/02/26/putting-the-brakes-on-high-frequency-trading-with-physics/

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

High Frequency Trading Firms Have 'Highest Bitcoin Affinity', Analyst Argues /latest/2019/02/high-frequency-trading-firms-have-highest-bitcoin-affinity-analyst-argues/
Su Zhu, the co-founder of Sensus Markets, a digital asset principal trading firm, has argued that companies focused on high-frequency trading (HFT), small family investment offices, and hedge funds have the “highest Bitcoin affinity.”
Zhu, who is also the CEO of Three Arrows Capital, a foreign exchange (FX) focused hedge fund, posted (via Twitter) a “ranking of Bitcoin affinity in the traditional financial space, from highest to lowest:” “HFT/prop firms”,“Service providers”,“Family offices”,“Hedge funds”,“Stock/futures exchanges”,“Private banks”,“Commercial banks”,“Investment banks”,“Academia.”The Role Of "Incentives And Philosophy" According to Zhu, “incentives and philosophy play a big role” in influencing the decisions and overall approach organizations take towards adopting new technologies - including Bitco.....
Continue reading at: https://www.cryptoglobe.com/latest/2019/02/high-frequency-trading-firms-have-highest-bitcoin-affinity-analyst-argues/

fintech #trading #algotrading #quantitative #quant #hft #forex #fx #crypto #gbpusd

“Liquidity is the new leverage”: The above quote comparing liquidity to leverage comes from Goldman Sachs’ head of Global Credit Strategy, Charles Himmelberg. Historically, leverage “is the tinder that turns a financial fire into an inferno,” as The Financial Times put it recently. However, since February’s flash crash, Himmelberg has again and again sounded the alarm that the algorithmic transformation of markets means liquidity, not leverage, should be the preeminent, catalytic concern as quantitative tightening progresses and volatility returns. “I routinely field questions from clients asking where the risks are building up, and this is the one I worry about,” he told The FT earlier this month. “Financial markets have changed pretty dramatically since the crisis.”
In these pages, we have sought to understand the implications of the algorithmic and passive revolution, one of the most profound changes to the global financial system in history. And we keep coming back to liquidity.....
Continue reading at: https://latest.13d.com/liquidity-new-leverage-regulation-algorithmic-investing-qt-bond-equity-markets-7b7f97c57cc5

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

The age of algorithms By Murat Aslan İSTANBUL “At the end of the World War II, the average holding period for a stock was 4 years. By 2000, it was 8 months. By 2008, it was 2 months. And by 2011 it was 22 seconds, at least according to Professor Michael Hudson’s estimates from University of Missouri-Kansas City,” says Scott Patterson in his groundbreaking book, Dark Pools.
Since computerization started to dig into the daily life of human beings in the 1950s, there was no going back to old times. Progress was shockingly fast, and with computers facilitating things more and more for intelligent people, they spotted greater arbitrage opportunities (‘arbitrage’ here meaning the probability of making money in the markets with no risk of losing). A great many PhD holders from fields such as mathematics, physics, chemistry or engineering flooded into High-Frequency Trading (HFT) firms to create algorithms that benefit from any irregularity in the markets.
A firm is considered to be H.....
Continue reading at: https://www.aa.com.ten/analysis-news/the-age-of-algorithms/1371571

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

Remember the FX Global Code of Conduct? – Yes, the document which was published almost two years ago by the Bank of International Settlements. It was supposed to usher in a new era for global foreign exchange trading after the FX fixing scandals tarnished the reputation of the industry. has largely committednational central banksAsia Trading Summit – The Leading Investment Event in Chinainstitutional brokers Once we get to the prime of the prime of prime section of the retail FX industry things are becoming different. To date only three non-bank prime of prime brokers have signed up to the code. Granted, there are those which are themselves bank subsidiaries, and this number excludes them, but the number is still too low. Coverage of Retail Brokers Buy-side firms on the institutional side of the industry started choosing their partners based on their adherence to the code about a year ago. The structure of the FX Global Code of Conduct was designed to eventually trickle down to al.....
Continue reading at: https://www.financemagnates.com/forex/brokers/retail-side-of-the-fx-industry-keeps-avoiding-fx-global-code/

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

Something that keeps coming up is the idea that OMG will grab a slice of forex and crypto trading. In this rather excellent post Civilian- suggests that OMG might grab a slice of the daily 3 trillion forex trade and the yearly 10 trillion Crypto Exchange Trade.
This type of speculation has been further stoked by the news that MUFG (a partner of Omise) is planning to build an exchange and maybe they will build it on OMG...
I’ve promised a few folks here on the omise_go subreddit that I would explain why that is highly unlikely to happen as expected... and also to explain why that does not matter.
As you read through this, you may get a little disheartened, but don’t, because I’ve got some great news at the end that makes up for the debbie downer stuff at the start.
HFT
The first important point to note is that most exchange liquidity is created by high frequency trading HFT.
These HFT bots are always running. They make trades every second. With each trade they try to gain just a fraction of a percentage point and as a result they usually make large trades to make money on those very small gains.
This means that just about any time a regular day trader wants to make a trade it is instantly snapped up. Which is great for day traders! There are many HFT companies that are market makers and collectively give electronic marketplaces huge amounts of liquidity.
The world of HFT is conducted in milliseconds.
Trades MUST be able to execute within the shortest time possible (sub 1 second end-to-end). It is, after all, computer against computer. This is why many HFT companies pay huge amounts of money to get the fastest possible connection to an exchange.
In many cases they even get an office right next to the exchange and wire a fiber through the wall, directly to the exchange’s network, to try to get a competitive advantage.
So, to recap, HFT traders are market makers, they create the liquidity that makes it very convenient for other traders to be on the system.
Confirmations
For a transaction to complete on a DEX like OMG, it must be confirmed by multiple nodes. Each node will be at a different location in the world. We don’t know how distributed nodes will be geographically, but, presumably there will be enough distance to help add security to the network. Perhaps different cities, different countries, or, at the very least different regions of the same city.
You can imagine how a network like that could not work very well for HFT... based on the simple constraint of the speed of light!
In the traditional model the HFT firms buy a single direct connection to a centralized exchange with a ping time of 10ms. When they place the trade no confirmations are required. So just one wire and one api endpoint and a few milliseconds.
If they try to make that same trade on a DEX the trade would require multiple nodes to be discovered and confirm the transaction with each node incurring it’s own 100ms? 200ms? network latency. It seems almost impossible to imagine a system like that enabling sub second trades end-to-end.
Reason #1
So, DEX confimrtatons and network latencey is reason #1 why it is very unlikely any traditional exchange would move to run on the OMG network.
After all, they would jeopardize their relationship with HFT traders and the fees they bring. They would also jeopardize the liquidity that their other customers rely on so much.
You may say, but wait, the OMG DEX will give them the liquidity they need, but that is a moot point because a) for them it will be unproven and b) they will not want to lose the huge amount of revenue they make from HFT to another exchange that didn’t switch.
Keep in mind the bulk of the 3 trillion daily trading is created by these types of exchanges.
Exchange Architecture
I’m not sure if this is common knowledge, but running an exchange can be disgustingly lucrative. The per trade cost is basically zero. This is due to the core architecture of an exchange.
Essentially, when fiat or crypto is deposited into an exchange, it goes into a large global wallet that the exchange owns. Then a number of that same amount is assigned to a customer record.
From that point forward all the “trading” is simply swapping numbers in a database. There is no actual money, or value, of any kind swapping hands per trade. The money remains in the large global wallet and is not touched.
For example, at its most basic, the database code it takes to make a single trade might look something like this:

UPDATE customers SET USDT = USDT - 25 WHERE customer_id = 1; UPDATE customers SET OMG = OMG + 1 WHERE customer_id = 1;

Those two simple SQL statements tell a database to subtract 25 and add 1 to a customer record. In this case the record says USDT and OMG but don’t let that fool you, it’s not really USDT or OMG it’s just database columns, with convenient names.
Additionally, for every trade something like this happens:

UPDATE customers SET USDT = USDT - (25 * 0.0025) WHERE customer_id = 1; UPDATE exchange_profits SET USDT = USDT + (25 * 0.0025);

THAT is the exchange taking a 0.25% fee per trade. For example, yesterday bittrex (the 7th busiest crypto exchange) did a total volume of $1,027,873,751. We can calculate how much they made by doing this:

VOLUME * 1.0025 = TOTAL VOLUME - TOTAL = PROFIT

So, from their 0.25% Bittrex made $2,569,684 yesterday.
Ignoring the fact that a DEX is not fast enough for HFT trading, let’s imagine that bittrex did decide to run on the OMG network.
In this case Bittrex could use the OMG infrastructure and add a surcharge on top of every trade.
Let’s imagine a best case scenario that OMG trades cost 0.1% per trade and that Bittrex could then add 0.15% on top.
This means that Bittrex would be losing $1,027,8737 per day vs what they could be making by running their own infrastructure.
Reason #2
I hope you can see there is no “infrastructure savings” that OMG could bring that could offset the level of profit exchanges make. With the amount of money that exchanges make they can easily hire developers to fix any scaling issues or other technical problems that they may have.
All that is to say, loss of profits is reason #2 why it is very unlikely that any existing exchange would switch to run on the OMG network.
This is also why it is highly unlikely a traditional bank like MUFG would build a new exchange on the OMG network. Why would they? When they can literally make billions of dollars of extra profit by running it on their own infrastructure!
Disruption Patterns
So, right about now, you’re probably feeling depressed because it feels like we just lost trillions and trillions of earning potential from our beloved OMG :(
Well, let’s talk about why that doesn’t matter by looking at patterns of disruption...
Many people think Uber makes all it’s money by replacing Taxis. Wrong! They made it so easy, cheap and addictive to use on-demand transportat that customers use Uber in ways that they never used Taxis.
For example, before Uber came along I personally used Taxis about one time a year but now I use Uber about 4 times a week!
Uber created a completely new market. Very few people ever used Taxis 4 times a week but, now, lots of people use Uber 4 times a week. This equates to a staggering amount of new money that has nothing to do with “replacing” Taxis.
The same pattern can be seen with Slack.
Before Slack came along there were plenty of competitors doing what Slack did. Sure Slack took some of that business away, but the real money they made was by bringing in hundreds of thousands of new companies who had never used a product like that.
They just made Slack so easy to get started with and then so easy to continue to use. Even my mum uses slack!
The same can be said for Google. Google literally brought a whole new set of people to the internet because it made it easy to find stuff.
OMG Disruptions
It’s a little bit difficult to see where or how disruption might play out.
For example, Microsoft always had the lofty goal of everyone getting a computer. But, it was actually the iPhone that ended up being the reason (and disruption) that caused everyone to get a computer.
For this reason it’s hard to predict specifically where OMG might take us and what new markets will come to exist because of it.
That said, one thing that a lot of disruptions to have in common is that they make something easier and/or cheaper. So, perhaps if we explore what OMG makes easier and cheaper, we might get some ideas of new markets it could create.
Easier for Developers
In the same way that etherium makes it easy to create new alt-coins and as a result we have LOTS of alt-coins now. The OMG network and SDK will make it easier to build... exchanges… like Bittrex!
Now, don’t get mad at me.
I know I just convinced you that exchanges won’t be run on OMG... but I was talking about existing exchanges not new ones created by indie developers.
OMG makes it wayyy easier for a solo indie developers to build something like an exchange because all they need to do is build the front end and plug it into OMG.
It would not be useful for HFT traders. It would not rake in the kind of profits that Bittrex does. It may even only make $1.99 in the app store. But, that is still worth it to an indie developer!
In this way, hundreds, or perhaps even thousands, of new exchange style apps will be created that run on the OMG network.
There are many reasons that a consumer might use an app like this vs Bittrex. For example, if exchange fees were 0.1%. Or if the app had automation built in. Or perhaps the app had a UI that was much more pleasing to use.
In the same way that Uber created a whole new type of transportation customer, these new apps might create a new type of crypto and forex trader.
Of course, it will not just be exchange apps that OMG makes easier for developers, but since that is what we are talking about, that is why I mentioned it.
Other things that will be easier will be cross border payments, cross cilo payments (paypal -> venmo), cross currency payments, in game payments, etc.
Each new type of “easiness” that is passed on to developers will end up spawning a new set of apps and markets.
Easier for Consumers
The simple fact of being able to easily move money around will create thousands of possibilities. Far to many to mention here.
Cheaper for Consumers
Nothing is better than cheaper AND easier. With OMG we get a lot of that. Also, too many possibilities to mention here.
Perhaps that should be another post...
Conclusion
HODL

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

This MIT professor uncovers secrets to better investing A few years ago, Eric So and a co-author finished a working paper about corporate earnings announcements and posted it on the Social Science Research Network (SSRN). They had found something striking: Corporations telegraph the content of their quarterly financial results via the timing of their earnings announcements.
That is, publicly traded companies have a window of time to announce each quarter’s financials. If they set up an announcement early in that period, it means a good earnings report; if the announcement is scheduled for late in the period, it suggests relatively bad news is on the way. For stock traders, that’s a great insight, as the response to So’s paper confirmed.
“I posted it on SSRN at around three o’clock on a Thursday, and by the end of the day Friday, I had 10 invitations to present at hedge funds,” says So.
That doesn’t happen every time So releases a piece of research, but it does underscore the .....
Continue reading at: http://news.mit.edu/2018/professor-eric-so-investing-1218

fintech #trading #algotrading #quantitative #quant #hft #forex #fx #crypto #gbpusd

Op Ed: How Atomic Swaps Could Work for Stock Market Trading Traditional stock market trades can leverage the concept of atomic swaps to facilitate direct stock-to-stock trades without requiring cash positions. Atomic Stocks Overview In traditional stock exchanges, retail investors in public markets are unable to switch from one position to another without first going into cash. For example, an investor looking to trade his or her Amazon shares for PayPal shares must first exchange these Amazon shares for U.S. dollars, before buying PayPal shares with these dollars.
This style of exchange creates unnecessary friction and expense because of a) transaction costs incurred on the sale of the asset, as well as on the purchase of the new asset; b) U.S. dollar purchasing power exchange-rate risk; and c) transaction fees paid to the broker that the purchaser is using, as well as the bid-ask spread that exists for each publicly traded stock (which occurs on both the sale of the previously .....
Continue reading at: https://bitcoinmagazine.com/articles/op-ed-how-atomic-swaps-could-work-stock-market-trading/

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

High-frequency trading loses its spark: ASIC "What is not falling is speed. They are still becoming faster and investing in better technology."
Mr Barbara said that even though these firms are investing more in technology their trading profits had stagnated as volumes diminished.
He likened this to the Red Queen in Alice in Wonderland, who advised Alice to "run as fast as she could just to keep in the same place".
HFT is a relatively new and controversial phenomenon in financial markets. Trading firms built machines that would make money by being able to process orders faster than other participants.
Michael Lewis' 2014 book "Flash Boys" triggered a fierce debate about whether markets had become "rigged". Bloomberg
It was the subject of finance journalist Michael Lewis' 2014 book Flash Boys, which triggered a fierce debate about whether markets had become "rigged".
ASIC senior executive leader of market supervision Greg Yanco said HFT will always have its "permanen.....
Continue reading at: https://www.afr.com/business/banking-and-finance/high-frequency-trading-loses-its-spark-asic-20181211-h18z7n

Going off my last post: Please select your new user flair. There's still an opportunity to suggest new flairs if you feel the available flairs don't describe what kind of day trader you are. Same goes for post flairs.
The post flairs are:

stocks
options
futures
forex
crypto
strategy
algo
question
trade review
trade idea
trading screens
workstations

user assignable flairs:

new (will make default)
stock trader
penny stock trader
options trader
futures trader
forex trader
crypto trader
algo trader
algo stock trader
algo options trader
algo futures trader
algo forex trader
algo crypto trader
trades everything
trades multiple markets
not-a-day-trader

mod only assignable flairs:

mod
wiki contributor
market wizard (given to users who have consistently given good advice)

I will have automod assign post flairs based on keywords at a later time, for example, someone says "any crude futures traders here?" then the post will be auto assigned the flair "futures," but the user can change it afterwards if they want.
Ok thanks day traders for all the feedback in the last post!

update I just added flair search on the redesign:

https://i.redd.it/odeh6xxpxfd31.png
update2 I did start the automod for post flairs, but it's not as clear cut for each flair, but if someone would like to suggest some patterns for specific post flairs, let me know:

title (regex): ["futures", "Treasuries", "Treasury", "ZT", "ZF", "ZN", "crude", "brent", "wti", "Natural gas", "Nat ?gas", LNG", "ES", "NQ", "YM", "indices", "B6H", "D6H", "J6H", "E6H", "A6H", "M6H", "M6H", "M6E"] set_flair: ["futures"]

title (regex): ["stocks", "pattern day trading rules?"] set_flair: ["stocks"]

title (regex): ["calls", "puts", "iron condor", "vertical spreads?"] set_flair: ["options"]

title (regex): ["euro", "jpy", "eurusd"] set_flair: ["forex"]

title (regex): ["bitcoin", "crypto"] set_flair: ["crypto"]

title (regex): ["technical analysis", "TA", "macd", "moving averages", "bollinger bands", "rsi"] set_flair: ["strategy"]

title (regex): ["algo", "algorithmic", "programming", "bots", "HFT"] set_flair: ["algo"]

title (regex): ["my last trade"] set_flair: ["trade review"]

title (regex): ["if I (buy|short)"] set_flair: ["trade idea"]

title (regex): ["screenshot"] set_flair: ["trading screens"]

title (regex): ["battlestation", "monitors?"] set_flair: ["workstations"]

title: ["question", "help"] set_flair: ["question"]

fintech #trading #algotrading #quantitative #quant #quants #forex #cryptos #bitcoin

High-Frequency Trading and Crypto Dark Pools: How Do They Work?About High-Frequency Trading in Crypto According to Wikipedia, high-frequency trading, or HFT, is a type of algorithmic trading characterized by high speeds, high turnover rates, and high order-to-trade ratios that leverages high-frequency financial data and electronic trading tools.
To put into more day-to-day language, high-frequency trading refers to the usage of specific software that allows traders to make thousands of high-speed trades in a fully automated and efficient way.
This technique of trading has grown alongside the Internet that allowed more and more investors, institutions, and hedge funds to take part. Since cryptocurrencies are a very hot topic these days, high-frequency trading is now starting to appeal more and more to crypto investors from all over the globe. High-Frequency Trading on the Coinbase Source: MediumAbout Crypto Dark Pools The concept of dark pools is not exactly new, as they emerg.....
Continue reading at: https://coindoo.com/high-frequency-trading-and-crypto-dark-pools-how-do-they-work/

How to Trade Forex on News Releases - Investopedia

High-frequency Trading Market Overview by New Innovations and Technology 2018 #fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

Forex Trading Strategies Reddit - Basic FOREX Strategies

Forex Trading Strategies Reddit - Advanced Forex Strategies

The Carry Trade

What FOREX Strategies Do Hedge Funds Use?

Styles of Investments in FOREX

Define your Own Style for your FOREX Investments

Mistakes to Avoid When Looking for Your Style

The Myth of the Intraday in Investments in FOREX

Finally…

Fundamental Analysis in Forex Trading Reddit

Reaction!

Macroeconomic Data

The Uncertainty of Fundamental Analysis

FOREX Market Correlation

Advantages of the FOREX Market Correlation

FOREX Commodity Correlation

Forex Technical Analysis Reddit

The Deception of Modern Technical Analysis

The Price Cycle

How to Identify Trends?

The Common Sense, The Less Common of Senses

Forex Charts Analysis

Japanese Candles

e-Forex Magazine | Machine learning stirs up competition in FX Algo Trading

fintech #algotrading #hedgefunds #quants #hft

That’s Fast! High-Frequency and Algorithmic Trading- Ticker Tape

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Genuine Q: Why Do New Traders Try Trading the Hyper-liquid Assets Dominated by Institutions/HFTs/Algos?

My First Year of Trading

That’s Fast! High-Frequency and Algorithmic Trading- Ticker Tape

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

Tips and tricks for manipulating the market (and getting punished for it) - BSIC | Bocconi Students Investment Club

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

No, algorithms aren't causing all the wild stock market swings - Business Insider

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Putting The Brakes On High-Frequency Trading With Physics | Hackaday

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

High Frequency Trading Firms Have 'Highest Bitcoin Affinity', Analyst Argues | CryptoGlobe

fintech #trading #algotrading #quantitative #quant #quants #hft ##markets #hedgefunds #fx #forex

“Liquidity is the new leverage”: - 13D Research

fintech #trading #algotrading #quantitative #quant #hft #forex #fx #crypto #gbpusd

The age of algorithms

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

That’s Fast! High-Frequency and Algorithmic Trading- Ticker Tape

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

Retail Side of the FX Industry and the FX Global Code | Finance Magnates

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No, algorithms aren't causing all the wild stock market swings - Business Insider

fintech #trading #algotrading #quantitative #quant #quants #forex #fx #banks #hedgefunds #hft

Why traditional exchanges will not convert to OMG and why it doesn't matter

This MIT professor uncovers secrets to better investing | MIT News

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Op Ed: How Atomic Swaps Could Work for Stock Market Trading | Bitcoin Magazine

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High-frequency trading loses its spark: ASIC

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r/Daytrading - Select your new user flair! Also start using post flairs!

High-Frequency Trading and Crypto Dark Pools: How Do They Work? - Coindoo

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Forex Trading Systems - High Frequency Trading Programs ...