👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money. 👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
I've watched all of the UKspreadbetting videos on here with Corvin. These videos are extremely illuminating and I would be surprised if these couldn't be counted among some of the most useful trading videos on TH-cam. Some of his insights are counter-intuitive to the generalities that most people express (i.e. why would people sell systems if they truly worked, etc.). It's also great to hear it from an actual ex-hedge fund manager and ex-physicist. It just adds a sense of quality to the arguments.
Happily I am a coder and mt4 looks very much like c#, indistinguishable really. So it's just about learning the mt5 language which is quite different from mt4. Anyway I plan on combining several very accurate indicators and creating a week to week momentum following ea. However another thing is that one then has to REALLY understand the indicators and what makes them function on different time scales etc. That's why I am doing r&d first. Reading several books on trading etc. When I am done I plan on releasing the result. Once I've made my millions first of course. Most was fail because they try to make too much too quickly. And that's not a necessity for me. As long as it makes a consistent profit it can be scaled up.
Corvin has given some great information for creating engines within the trading system to detect market conditions and adjust the risk according to this
You don't have to try to come up with a method to "detect" mean reversion. That's already invented, and it is the Dickey-Fuller test to detect whether a time series is in fact stationary, which is to say it has the mean reversion feature. This is statistics of 1st year in college.
buy a system or go to baby pips and study and use PROPER RISK MANAGEMENT. take it from a past loser bro. risk management is key. exploiting leverage is like having a credit card but you see all your money disappear way faster. with a risk management of under 10% ideally 2-5% you can not be the best and still make money. risk management is the fundamental element of trading. thats my honest suggestion
👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @).
👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
I've watched all of the UKspreadbetting videos on here with Corvin. These videos are extremely illuminating and I would be surprised if these couldn't be counted among some of the most useful trading videos on TH-cam. Some of his insights are counter-intuitive to the generalities that most people express (i.e. why would people sell systems if they truly worked, etc.).
It's also great to hear it from an actual ex-hedge fund manager and ex-physicist. It just adds a sense of quality to the arguments.
Happily I am a coder and mt4 looks very much like c#, indistinguishable really. So it's just about learning the mt5 language which is quite different from mt4. Anyway I plan on combining several very accurate indicators and creating a week to week momentum following ea. However another thing is that one then has to REALLY understand the indicators and what makes them function on different time scales etc. That's why I am doing r&d first. Reading several books on trading etc. When I am done I plan on releasing the result. Once I've made my millions first of course. Most was fail because they try to make too much too quickly. And that's not a necessity for me. As long as it makes a consistent profit it can be scaled up.
Corvin has given some great information for creating engines within the trading system to detect market conditions and adjust the risk according to this
You don't have to try to come up with a method to "detect" mean reversion. That's already invented, and it is the Dickey-Fuller test to detect whether a time series is in fact stationary, which is to say it has the mean reversion feature.
This is statistics of 1st year in college.
4:28 *2400 fold. Not a bad guess for 2-second mental math.
"Majority of people are not einstein" Legendary quote right there. But they can learn and copy from the world's einsteins and get really far.
Great video
We need some exact methods
Then what should a beginner should do?
buy a system or go to baby pips and study and use PROPER RISK MANAGEMENT. take it from a past loser bro. risk management is key. exploiting leverage is like having a credit card but you see all your money disappear way faster. with a risk management of under 10% ideally 2-5% you can not be the best and still make money. risk management is the fundamental element of trading. thats my honest suggestion