CREATING PROFITABLE TRADING STRATEGIES IS HARD. REALLY HARD.

DESPITE ALL THESE BENEFITS I WOULDN’T WANT YOU TO GET THE WRONG IDEA AND THINK DEVELOPING AN ALGORITHMIC TRADING SYSTEM IS EASY. NOTHING COULD BE FURTHER FROM THE TRUTH. THERE IS NO PATH TO EASY RICHES WITH ALGO TRADING.

However, if you break down the problem, into small easy-to-handle constituent parts and make consistent progress on improving your system every day it can eventually become very successful.

At the beginning it is a struggle to make money consistently with trading.

Now I’ve built up the habit of creating a strategy pipeline which constantly provides me with new trading strategy ideas with which to test. It doesn’t matter if a strategy begins to perform poorly because I have plenty more to choose from – and so will you.

Slow consistent progress on research, testing and execution is the key to achieving algorithmic trading profitability.

Make a commitment to work hard on your strategy components, with a disciplined approach, and you will see success much sooner than you expect.

WHAT IF YOU’RE NOT AN EXPERT AT ALGORITHMIC TRADING?

Actually, neither was I when I first started! I didn’t know market orders from limit orders, the buy-side from sell-side or what a stop loss was! But I have practised over the last five years and have learned a huge amount about algorithmic trading in the process.

It is well within your capability to learn what I know about quant finance and trading. I’m certainly not the top of my field, but I have been involved in the development of profitable trading strategies and am extremely keen to show you how to do the same.

I imagine that there is a topic you know a great deal about and I bet there are many who know less about the area than you do. Being an expert comes through practice, discipline and hard work. So does forming a consistent set of profitable algorithmic trading strategies.

Every successful person I know in algorithmic trading started before they knew much about the markets.

Use the fact that you aren’t yet comfortable with algorithmic trading to push yourself harder and learn to become an expert.