Resources to Start Coding Trading Algorithms

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  • Опубліковано 26 сер 2024

КОМЕНТАРІ • 349

  • @lucasschofield8716
    @lucasschofield8716 4 роки тому +1063

    You were great in "Narcos" season 1.

    • @trepafi
      @trepafi 4 роки тому +5

      I thought the exactly same thing

    • @ThisisFerrariKhan
      @ThisisFerrariKhan 4 роки тому +1

      Luke Schofield 😂😂😂

    • @thomasnichols1082
      @thomasnichols1082 4 роки тому +11

      "The hippies had been replaced by Colombians, and these guys didn't wear flip-flops.”

    • @anotheperspective
      @anotheperspective 4 роки тому +2

      😂😂😂😂

    • @diodorent8161
      @diodorent8161 4 роки тому +1

      I missed him in season 3.

  • @genjimccorkle5518
    @genjimccorkle5518 4 роки тому +122

    Forrestknight: Talks about algo trading.
    ALSO ForrestKnight: Recommends Robin Hood.

    • @jwhi419
      @jwhi419 4 роки тому +5

      Well its not bad if you have $100

    • @tarekali7064
      @tarekali7064 3 роки тому

      @@jwhi419 LMFAOOOO

    • @bitten1406
      @bitten1406 3 роки тому +2

      i don't get it

  • @jaskarvinmakal9174
    @jaskarvinmakal9174 5 років тому +13

    Mustache is super 80's, kind of loving it.

  • @mvresh1
    @mvresh1 5 років тому +35

    That channel intro with film strip is just so pleasing to watch

  • @michaelg4334
    @michaelg4334 4 роки тому +3

    I love stocks and have been trading stocks since I was 18 years old. After completing a coding boot camp my goal for 2020 is creating a trading algorithm! Super excited! I made 2000% in 2019 trading options on Robinhood but my emotions destroyed all my gains.

    • @ButerWarrior44
      @ButerWarrior44 4 роки тому

      Nicee, I’m trying to do the same thing

  • @ToddMorgan_1
    @ToddMorgan_1 4 роки тому +1

    Got some news for ya brotha. Been trading for >25yrs, first discretionary with a Hedge Fund straight outta undergrad, then Index/StatArb also professionally in our Hedge Fun environment, then Algorithmically trading global Stocks, Futures, and Options. Now we trade a portfolio that includes a wide array of systems... a Portfolio of Systems.
    And even after all this time we still have good days and bad days. And even after all this time the bad days ALWAYS hurt worse than the good days feel. This is just a fact of life as a Trader going up against the best and brightest minds on the Planet.
    Note: To avoid the PDT rule, you can start with a certain minimum amount of capital (different for differing B/D's) but generally for a minimum account size of ~$125k to ~$150k one can be approved for a type of account called a "Portfolio Margin Acct," which is what all the floor brokers have in addition to certain sufficiently capitalized "Individual" and/or "Prop Accts,"
    The benefits to trading with a "Portfolio Margin Acct," are enormous in many many ways. A description of them are beyond the scope of this comment. But, I would HIGHLY suggest that everyone who seeks to avoid the VERY limiting and highly costly "PDT rules," should look in to and read up on this "Portfolio Margin Acct" type. Then seek out the B/D that fits one's other needs that will also approve one's acct with using this very specialized acct type.
    You'll thank me later.
    BTW: Don't worry if you don't have the minimum capital for a "PM acct." Work on building, validating and testing your own ideas. If they have merit...one can always find money to support your particular break-through...i.e. You can find Backer's that will "stake you" into the business. Then scale up fast from there. Ya got to have size to generate the IRR required that can overcome "transactional costs" ( the B/A spread is but one component), and to overcome "Taxes" and still make a good living.
    BTW 2: Avoid Robinhood. Sounds good at first until their system goes down in fast markets and you're stuck with bad positions going against you. Just ask the poor saps who got buttfawked when RH went down 4 days in a row during this last sell-off in Feb-Mar 2020. RH's negligence has put many Traders into Bankruptcy.
    G/L

  • @darellarocho5729
    @darellarocho5729 5 років тому +64

    The Algo-Dev series sounds super interesting! I'd love for you to do them. I never really fully understood how the stock market worked, so I'd love to learn more about it and learn the proper ways of investing on it. Also, the mustache is a little distracting, tbh. xD Not that it looks bad, it just stands out a bit too much. I think you looked best with your Pewdiepie beard or the best one, completely shaved or with a small beard. But if you wanna keep your mustache by all means do.

  • @amitkakade4647
    @amitkakade4647 5 років тому +22

    Bro, I'm also interested in computer science and also trading. Wow coding is fun, I love it. And I'm also interested in stock market. You are really helping me bro.

    • @MasterWestt
      @MasterWestt 5 років тому +5

      DO IT. Make your projects based on this stuff. I did 2 projects this year in compsci, a volume tracker (group project c++) and my final project was building and algo with Sierra charts. Graduated a few days ago and now I'm doing the quantopian/python stuff :) best move I ever made.

    • @jayant9151
      @jayant9151 4 роки тому

      @@MasterWestt good

  • @AyoubBenHammou
    @AyoubBenHammou 4 роки тому +46

    The video is one year old, did i miss something ? Bcs i don't find the algo-dev serie

    • @johnmadsen37
      @johnmadsen37 4 роки тому +38

      It’s a no start. Algo trading has been around for a very long time. Milliseconds matter for high frequency trading. Programs already exist for this basic trading. Buy at X. Sell at X.
      If it was easy, everyone would be doing it and then it would be extremely competitive and not easy.
      Every programmer has considered it and reached the same conclusion.
      It’s may be a good study to just check out existing, complete systems.
      Also, dealing with money is extremely non trivial. Real developers make a lot of money - starting at 300 k just at the beginning of their career. 4-5 can be expected at the elite level.
      These programmers really are software engineers at this point and work at lower level languages like c++. Performance and optimizations are critical and where a bug can cost a years salary in a few minutes, it is extremely an elite game.
      Think about this. If you really could do this yourself, And you made a lot of money, and your livelihood depended on it, would you really show everybody how to become a direct competitor to you.
      That’s why certain software would like trading and try finding software that can put together a puzzle automatically from the photo. You can’t. Because the same software can put together shredded documents which is extremely valuable. Of course the problem set is very difficult to. More simple things like shortest path algorithms for shipping are still very complicated when you attach financials to it.
      People have figured it out, but very few, and it’s not in their best interest to train a bunch of competitors. Might as will smash your hands with a hammer. Of course sharing the knowledge for all of the foundational stuff every professional should do. But many don’t either way.

    • @ajricherson1099
      @ajricherson1099 4 роки тому +11

      @@johnmadsen37 300k for a jr. dev job? Even in San Francisco, that sounds pretty ridiculous to me.

    • @jarrod752
      @jarrod752 4 роки тому +1

      @@ajricherson1099 I was going to ask if that was in _rupees_ or what...

    • @waynefilkins8394
      @waynefilkins8394 4 роки тому

      Anyone know how I can set up a data stream with years of historical stock data but also brings in new data every tick? (5 minute candles)

    • @jarrod752
      @jarrod752 4 роки тому

      @@waynefilkins8394 I'm not an expert but I believe you would train your ai on the historical data and point it at the stream with a fake account to start testing

  • @aashishsharma9106
    @aashishsharma9106 4 роки тому +5

    Shaggy using 5% of his brains: algorithmic trading bam

  • @lukasarich9270
    @lukasarich9270 5 років тому +1

    I know this was posted nearly a year ago, and I’ve watched your other videos and really lived your style. I’ve been wanting to get in to algo for a while now and I think you’d be the best person to watch and learn from! Please consider actually making the algo series!! Cheers

  • @emanuelh2020
    @emanuelh2020 5 років тому +29

    would love to see a series of this!

  • @sabelomkhize2604
    @sabelomkhize2604 5 років тому +4

    I think you should make a series/playlist on this. AlgoDev sounds like a great idea.
    Also, thank you for making this video. There is a lack of helpful Algotrading information on UA-cam

  • @homealone75
    @homealone75 4 роки тому +137

    It’s been a year since this video. Do you have an update on your algo trading plan?

    • @kevinavila8921
      @kevinavila8921 4 роки тому +7

      Ivan_G it was 2019... I highly doubt he did well...

    • @trivial1344
      @trivial1344 4 роки тому +1

      Kevin Avila no it was made in oct 2018

    • @kevinavila8921
      @kevinavila8921 4 роки тому

      t9oo6t I was stating that he traded through 2019...

    • @mikepuet6900
      @mikepuet6900 4 роки тому

      Odds favor he doesn't

    • @brownieboy8637
      @brownieboy8637 4 роки тому +2

      @@kevinavila8921 S&P, NASDAQ and DJIA all did 20%+ last year

  • @jeffspicoli5735
    @jeffspicoli5735 4 роки тому +1

    I never thought Uncle Rico would be the one to help me with algorithm coding

  • @jackgisel3211
    @jackgisel3211 5 років тому +7

    This interests me a ton! I’m a SE student right now and I would love to follow along and try this out!

  • @metman787
    @metman787 5 років тому +4

    I'm guessing this wasn't a popular topic as there is no playlist. I'd be interested in an update just to see how things have been going

  • @samills70
    @samills70 4 роки тому +22

    with that moustache and the duct tape in the background I just have one question... Where'd you hide the bodies Kevin?? :)

  • @tomburns8673
    @tomburns8673 4 роки тому +16

    Hey forrest, you never really followed up on this, as far as I can see from your video log. But I think a lot of us would appreciate some kind of an update on where you’re at with it. This is an extremely interesting project that I just saw another programmer delving into, and would love to see more from you on this topic.

    • @hawsh3066
      @hawsh3066 4 роки тому +1

      hey , who is the other progrmammer ??

  • @colton1181
    @colton1181 4 роки тому +5

    Please make a series out of this

  • @darienmarcus100
    @darienmarcus100 5 років тому +9

    The power of positive thinking👍🏾

  • @Aussieedits-uo9nz
    @Aussieedits-uo9nz 5 років тому +8

    Forrest. This looks like a great topic to expand on. You did mention quite some time ago that this was one of your goals. I will take a look at these web sites too and so if you do a video after each lesson it will be great to exchange ideas. I like how you are applying your knowledge into a practical use. I also like how your videos are not just product reviews and your videos are unique. Keep up the great work and I look forward to following along with you. Love the moustache btw.

  • @LifeAsHasib
    @LifeAsHasib 5 років тому +2

    Moustache looks mad, keep it! Look like a private investigator 😎 make this series 100%!

  • @jordanmanas
    @jordanmanas 5 років тому +11

    Very excited to watch this series! I'm currently developing and figuring out my own trading bot algorithm for currency pairs - from what I've learned so far in my CS degree and some self taught technical analysis - so I'm really interested to see how you've implemented it. So please try be as detailed as you can because I'm sure anyone watching will appreciate it.

    • @robinkaiser3252
      @robinkaiser3252 4 роки тому +1

      What I am trying to find is a usable stock trading API which is not exclusive to US citizens... Any ideas?

  • @jif3847
    @jif3847 2 роки тому

    You remind me of my engineering teacher, he was the best

  • @sirpatrin2304
    @sirpatrin2304 5 років тому +2

    I'd love it if you made an Algo-dev series, keep up the great work man!

  • @TheClaw2008
    @TheClaw2008 3 роки тому

    Thank you for this. Especially the real-life advice in the beginning. Liked and subscribed!

  • @madao4024
    @madao4024 2 роки тому +2

    what happened to the series?
    does it exist?

  • @rantg
    @rantg 4 роки тому +1

    Wow i really love this guy ! as an engineer i finally feel someone is honest here.

  • @AntonioRodriguez-fv6vt
    @AntonioRodriguez-fv6vt 5 років тому +5

    Looking forward to see your work on this algorithm! Saludos desde Venezuela!

    • @douglashagan6718
      @douglashagan6718 5 років тому

      Robin Hood is actually micro traits mean that it enables a person to buy fractions of shares rather than having to purchase the whole share a guy could buy say $0.05 or $0.10 of a share he don't up a fraction of a share enabling low income people to buy large big cap chip stocks with pennies never achieve only it it's the fractions of a stock would you can purchase for a penny or 5 cents

  • @brunomartines9647
    @brunomartines9647 5 років тому +9

    yooo man id be really interested in the algorithm dev journey !

  • @joelmmartin5012
    @joelmmartin5012 Рік тому +1

    Did you ever do this project? I would love to follow this process. And possibly learn from you also

  • @cranos666
    @cranos666 5 років тому +1

    Incredible content, similar background working on a similar project on my spare time. But I'm using machine learning (tensorflow) with tick data to create my algorithm. Still a long road ahead but looks promising. Can't wait to hear more from your stuff

  • @ivanprado8138
    @ivanprado8138 5 років тому +2

    I myself am I profitable trader in the forex market & would love to be able to automate & how you said extract the emotions from my strategy using an algo. hopefully you ended up doing the algo-dev series because I really found this video helpful thanks for pointing me to the right resources. I've never coded in my life but I have spent some years now studying the art of trading so if I learned that I'm sure I can pick up coding right? lol

  • @clarke762
    @clarke762 4 роки тому

    You can get around the PDT rule if you tell the bot to trade crypto’s. Great video man!

  • @jamieboydhibs
    @jamieboydhibs 5 років тому +7

    Do the series!

  • @theshama2000
    @theshama2000 3 роки тому

    Would really appreciate more episodes on your algo dev journey!!

  • @dalerekus
    @dalerekus 4 роки тому +1

    Do a runaround of PDT Rule by having a cash only, no margin, account with the brokerage firm.

  • @mohamedkhan5430
    @mohamedkhan5430 5 років тому +2

    we do , i do, we do , i do ... please do the series thanks!

  • @Theainomads
    @Theainomads 5 років тому +2

    I'd be interested in seeing a series.

  • @narinderkumar9375
    @narinderkumar9375 3 роки тому

    hi, i like your style of mustache, it reminds me of Tom Selleck. In your video I could not catch you in last, may be you were very fast or of my poor English & me being non tech, me a person of 54 yrs old starting learning software to compete with my son, nephews, nieces & many more young chaps in my family.

  • @tradingbits7345
    @tradingbits7345 2 роки тому

    Thanks!!! great info

  • @JasonCrawfordWilliams
    @JasonCrawfordWilliams 5 років тому +2

    Yes im very interested in following your work with finance.

  • @calle51423
    @calle51423 4 роки тому

    Randy Marsh really cleaned up nice

  • @lukehagerdon160
    @lukehagerdon160 5 років тому +7

    I love your haircut bro!!

  • @steelednote2058
    @steelednote2058 4 роки тому

    I love your attitude man!

  • @Lunkyful
    @Lunkyful 5 років тому +2

    No one can be emotionless it's goes against our very nature.
    We can however at best be more torlerant with our emotions.

  • @0xredpill
    @0xredpill 4 роки тому

    thanks alot bro for taking your time sharing your xp with us

  • @stevembouadeu7540
    @stevembouadeu7540 4 роки тому +1

    A series would be amazing!

  • @taiyidffd5024
    @taiyidffd5024 2 роки тому

    I made my own trading robot and tested it on old data and found that it was 80% effective, but when I tried it on real data, I noticed that it was not working, I don’t know why, even though I use a good server with a fast speed

  • @rajatendudey
    @rajatendudey 5 років тому +7

    Moustache looks 😎

  • @macnaggar3558
    @macnaggar3558 4 роки тому

    Incredibly intuitive and motivating to take value from everyday life

  • @dumbcat
    @dumbcat Рік тому +1

    it's been 4 years with no update so we must assume you failed to create a successful algorithmic trading system. can you tell us why you failed? that could be very helpful for people thinking about getting into algo trading, many of whom do not have as much coding experience as you do

  • @adamwalker2790
    @adamwalker2790 5 років тому +3

    Very very very interested in this!!

  • @blakealger6144
    @blakealger6144 4 роки тому +2

    Thank you Shaggy from Scooby Doo

  • @xavierrenegade846
    @xavierrenegade846 5 років тому +25

    You look like a MIT professor

  • @tannerbarcelos6880
    @tannerbarcelos6880 5 років тому +3

    We in the late 90s in this video

  • @Jatin19902
    @Jatin19902 3 роки тому

    "This is not sponsored but here is my referral link" well played!

  • @tripnation9659
    @tripnation9659 3 роки тому

    Time machine unlocked 🤯

  • @chris.vitae95
    @chris.vitae95 4 роки тому

    Haven’t seen the video yet but the moustache is great

  • @anthonymikhael1264
    @anthonymikhael1264 4 роки тому

    Man i love this idea and i had it a few weeks ago and started planing and i stumbled upon this video.
    The resources will be very helpfull and i hope it will turn out great.
    If you have any advice from pro to new comer to programing i would be very grateful.
    Keep up the great work i like you content a lot and im exited to see how you and your channel grow

  • @androsmafra4910
    @androsmafra4910 4 роки тому +1

    Great Content! Would love to see how your quant trading is going.

  • @MananGouhari
    @MananGouhari 5 років тому +1

    Trading algorithm series is very exciting and I am super interested and hyped for it! I am just in high school but the stock market has always been an area of interest! Keep the stache! Makes you look like a "Forest Knight" lol.

  • @milesblack1830
    @milesblack1830 3 роки тому

    pls do this series!

  • @girishsavant2302
    @girishsavant2302 4 роки тому

    70s look cool on ya.

  • @keissetje
    @keissetje 4 роки тому

    For some reason the start of the video (between the 2 intros of how awesome he is) is the best part: just google resources algo trading. It'll be of more help.

  • @connorgillespie7143
    @connorgillespie7143 5 років тому +1

    yes please go further with these topics

  • @eethr1
    @eethr1 5 років тому +4

    He looks like James Franco.

  • @max31505
    @max31505 5 років тому

    "only put money you can afford to lose "well said ! as a newb especially

  • @raymondguevara9608
    @raymondguevara9608 4 роки тому

    Super interested in seeing where this goes

  • @TheInvestmentCircle
    @TheInvestmentCircle 4 роки тому

    ROFL. Am I watching That 70s Show with that mustache... Love the Chan man.

  • @grandeurvegah6282
    @grandeurvegah6282 5 років тому +1

    please document your progress for us to see

  • @thebookreviewer640
    @thebookreviewer640 4 роки тому

    Great stratigies

  • @FabledNarrative
    @FabledNarrative 4 роки тому +1

    You wear the mustach nicely.

  • @iritesh
    @iritesh 4 роки тому

    Thank you "Agent Murphy".

  • @mrtravels2441
    @mrtravels2441 4 роки тому

    We need one more chapter about this

  • @avivshalgi
    @avivshalgi 4 роки тому

    Sucks that you didn't upload a follow on video about your journey. It's not as much as sharing the algorithm that you've used (and whether you made/lost money testing it) as much as how the development itself went and that journey - your ups and downs.
    Hope to see it sometime in the future!

  • @darktrasgo
    @darktrasgo 4 роки тому

    Really interesting resources, thanks for sharing

  • @violetviolence3358
    @violetviolence3358 4 роки тому

    Keep it! You kinda look like a dad with it but it looks like an organic part of the look

  • @hedgehuug1603
    @hedgehuug1603 4 роки тому

    Bruh this is the very thing I was looking for

  • @kris1935
    @kris1935 5 років тому +1

    i use finviz alpaca and alphavantage and some homebrew software

  • @dimitrisaristeidopoulos4648
    @dimitrisaristeidopoulos4648 5 років тому

    I think that a great idea is to create an order Flow indicator and then get the data from it and create in python a neural net algorithm

    • @fknight
      @fknight  5 років тому

      I appreciate the tips! I'll look into it.

  • @cosmo1kramer
    @cosmo1kramer 4 роки тому

    Could you do lessons on building the trading bot

  • @20javiero
    @20javiero 3 роки тому

    Did you ever start a series or any updates? Interested in this subject.

  • @andyatmosphere
    @andyatmosphere 3 роки тому

    Couldn’t I pay someone to write me the code but I choose the strategies..?

  • @MrPaulzeng
    @MrPaulzeng 3 роки тому

    Hi ForrestKnight,
    Thanks for your video!
    I wonder if you've given thought to this strategy: often traders lose money because their stop loss gets hit and the price bounces back but the trader is no longer holding that position. What if you can write code that upon your stop loss sale, you place a limit order to buy back at the sale price? And then on the upside, you set a trailing stop loss (and if the trailing stop loss gets hit, you’d also place a limit order to rebuy the stock at the stop loss price) This strategy essentially limits your downside and lets you participate more fully on the upside, and takes the “art” out of guessing the optimal stop loss and take profit price levels. I wonder if you’ve ever considered this strategy and if you see any problems with it. Thanks in advance for your response :)

  • @noahswarz4914
    @noahswarz4914 Рік тому

    4y later, PDT only applies to margin accounts

  • @kabeperry4702
    @kabeperry4702 5 років тому +3

    Just wanna let you know I look up to you

  • @mollyknight6650
    @mollyknight6650 5 років тому +6

    Keep the awesome videos coming!!! Also you fine 😻

  • @ahmadalrifai8852
    @ahmadalrifai8852 3 роки тому

    Thanks master, I'm from indonesiA

  • @wingchangwow
    @wingchangwow 3 роки тому

    I know I'm late to the party, but was this ever followed through on? I can't seem to find any further videos

  • @iOnlySay
    @iOnlySay 4 роки тому

    today was a good day for me!!

  • @kaz6782
    @kaz6782 2 роки тому

    hey bro great video!, one question, for the pattern day trading the most efficient way to trade is to trade monday -thuesday, then the wednesday dont trade, and then trade the thursday and friday?
    , this pattern will be fine?, thank

  • @PoulJulle-wb9iu
    @PoulJulle-wb9iu 4 роки тому

    my dude smoked out

  • @the_notorious_bas
    @the_notorious_bas 4 роки тому +4

    A couple of remarks... Quantopian: I would never trust a company where you need to store and run your algorithm on THEIR server. Python: slow, so only suitable for simple strategies. Robin Hood: Nothing is 'free', go check their spreads ;-) Cheers!

    • @Jtheantagonist
      @Jtheantagonist 4 роки тому

      Python slow yeah, but really , is it going to matter that much to a compiled language running some trading scripts? I wonder but I doubt it.

    • @the_notorious_bas
      @the_notorious_bas 4 роки тому

      That simply depends on the complexity of your strategy and update frequency. Only one way to find out ;)

  • @InsightThoughtSystems
    @InsightThoughtSystems 3 роки тому +1

    Seems like a commercial for quantopian.

  • @EricTurgeon
    @EricTurgeon 5 років тому

    I would be interested in series on that.

  • @sudiptomahapatra4341
    @sudiptomahapatra4341 3 роки тому

    I don't see an option here to singup or register for new users in Quantopian. Could you help me with that

  • @Aussieedits-uo9nz
    @Aussieedits-uo9nz 5 років тому

    Just a suggestion. Pop the link to the quantopian web site in your post. Might help people to more easily go to it. Cheers.

  • @buzwad
    @buzwad 3 роки тому

    No PDT block when using a cash account