I create automated, industrial-grade algorithmic trading systems for my own use and share my journey with other traders who are interested. I call my automated systems 'Trading Minions'. It's easy to 'trade like a machine' when a machine is doing the trading. When I'm not thinking about trading systems, I make real machines, like steam engines. I also play a little ukulele. Well, all ukuleles are little, aren't they?

  • Kirsten says:

    Very interesting Mike. Way beyond me though… πŸ˜‰ I also like your idea of exploring the placing of an opposing trade to hedge.

    • Mike says:

      Hi Kirsten,

      Thanks for your comment.

      I’ve explored some simple hedging on these trades in the past but the tricky bit has always been working out when to ‘unhedge’. It will be interesting to see if I can shake anything out of it.


  • PGH says:

    Once again fascinating stuff – despite being above my pay grade.
    Though I do agree with your comment about the changing nature of markets and machine learning – add to Central Bank interventions – it a interesting space at them moment.

    One thought I did have when reading through – was the option of instead of exiting the trade (that may go onto being winner) – what about tightening a trailing stop ? Bit of a hedge like approach. May still get a loss but not as big and might still a win?

    Might be something down the track when you finished modelling the above explorations?

    Love your “work” – suspect there might be some pleasure in there too.
    Enjoy the study too.
    AND HAVE A BREAK too – you need time to sharpen the axe as they say.

    • Mike says:

      Thanks Peter. The other ‘option’ I’d like to play with at the other end of this research is to reverse the trade, or at least place an opposing trade to hedge the position. As I work out how to get more info into the training, I’d also like to find a way to get nearby supply/demand/support/resistance levels factored in. Certainly a rabbit-hole..

      • PGH says:

        Hmm .. Stop & Reverse approach
        Gee if you can get nearby S&R “learnt” that would be a big edge I would have thought – given most normal TA systems struggle coding for this.
        Good luck with your studies.

        I’ve just finished some psychology ones this afternoon – and after a short break want to get into Udemy Excel courses – much more basic then what you are exploring I can assure you πŸ™‚

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