I am using PyCharm community edition. It is much more comprehensive than Spyder, but the learning curve is steeper. Probably best to watch a PyCharm tutorial: th-cam.com/video/x3wFzjh3L_Q/w-d-xo.html
You can capture the entry price and then with some if logic set a stop and profit target. I do something like this here, using a trading bot extension: th-cam.com/video/YjONqP78HHw/w-d-xo.html
Great video, man. For those new to the market, such as myself. US brokers have this tiny little condition that for day trading strategies you need a minimum of $25K in your account. I was naive and developed a super profitable and minimal risk strategy with exponential growth but it relies on day trading and not just anyone has $25K just laying around. I got hit by the PDT regulations wall. Luckily you dont necessarily need a US broker even though they are generally the best.
hi professor, could you post a tutorial on how to compute Montecarlo simulations (via python) for an intrinsic valuation of a stock? Aswath Damodaran does it often (i thinks using revenue growth rate and EBIT margin as input variables) , but i really cannot manage to get realistic results. Your help would be super needed; thanks in advance!
@@MattMacarty thank you in advance! he mostly adds MCS ad the end of every stock valuation; here an example th-cam.com/video/efE_MJdOzSI/w-d-xo.html&ab_channel=AswathDamodaran
Thank you for providing such a clear and intuitive video.
Glad it helped
what program is this? it looks much friendlier than spyder.
I am using PyCharm community edition. It is much more comprehensive than Spyder, but the learning curve is steeper. Probably best to watch a PyCharm tutorial: th-cam.com/video/x3wFzjh3L_Q/w-d-xo.html
How can we set take profit and stop loss?
You can capture the entry price and then with some if logic set a stop and profit target. I do something like this here, using a trading bot extension: th-cam.com/video/YjONqP78HHw/w-d-xo.html
Great video, man.
For those new to the market, such as myself. US brokers have this tiny little condition that for day trading strategies you need a minimum of $25K in your account. I was naive and developed a super profitable and minimal risk strategy with exponential growth but it relies on day trading and not just anyone has $25K just laying around. I got hit by the PDT regulations wall. Luckily you dont necessarily need a US broker even though they are generally the best.
Yes depending on trading frequency. Video is for general knowledge
hi professor, could you post a tutorial on how to compute Montecarlo simulations (via python) for an intrinsic valuation of a stock? Aswath Damodaran does it often (i thinks using revenue growth rate and EBIT margin as input variables) , but i really cannot manage to get realistic results. Your help would be super needed; thanks in advance!
Let me research what Aswath is doing and see if I can put something together. It will take a while.
@@MattMacarty thank you in advance! he mostly adds MCS ad the end of every stock valuation; here an example th-cam.com/video/efE_MJdOzSI/w-d-xo.html&ab_channel=AswathDamodaran
@@MattMacarty any good news? it would be a super valuable application, which alone I can't manage to figure out unfortunately
Hi. Have you seen this: th-cam.com/video/eXhCXobViJc/w-d-xo.html