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I jut checked and BTC pretty much doubled in value since November o_O

That is so true. You can trade a strategy with a comparatively smaller edge and still be profitable.

Well what did you do until now? And where do you want to reroute your career path?

Hi, I did not watch the long video - what is it about? :)

Just one thing to consider - CFA is much more known and will open much more doors for you. CMT is a bit more nichy and you are much more limited, various hedge funds, or various trading floors would be interested in you as a candidate. Also, with the CFA title you are often pardoned first level...

Another CFA Charterholder here. The entire CFA journey taught me discipline and gave me the "winner" attitude, that I can achieve anything I set my mind to it. Also, it helped me in my private equity career. Generally, it really does open the door into portfolio management and the like. But...

Cool article! Had no idea about these guys. Would be interesting to hear if similar algos also make money in other sports not just horse racing?

Are your positions too big?

I would only consider VWAP as a TP and not as an entry strategy.. Actually, the only mean reversion that I can think of, is when price is settling after heavy news impact.

But surely you have a library of your past trades? How long have you been trading the strategy, how many trades did you do?

Well the upcoming halving in 2024 could boost the price for a while...

Once you have a strategy & trading plan, backtest 100 or more trades. Then analyze these info.

NEVER EVER risk the money you cannot afford to lose.

The arrogant trader can have the best strategy and pshycological skills today. But next year, when the markets change, he might be overconfident and relying too much on his skills. He is more likely to be ignorant of the change. In the long run he would be worse off. Irrelevant, when we are...

Anyway, the only thing that comes to my mind is that ignorant, arrogant people by nature would have worse odds to be good traders, because they would not be able to learn from their mistakes, or would not tweak the strategy, etc - as much as individuals who have the opposite charasteristics..

There is an exception to every rule :D

Not sure how much you know about the topic. I would advise you to read a couple of books first, to get some overview about trading. Are you looking into value investing? Read the Intelligent Investor. Are you looking into daytrading? Look up some very basic technical analysis books. For the...

How do you plan to trade daily based on yahoo finance? Get some trading station. And read some books on the basics. As in what is bar chart, what is candlesticks chart, etc. If you get into this shark waters unprepared, you will only lose money.

Not sure how you define spirituality... Plenty of traders I talk to, meditate. It for sure made me more patient and humble.

Read the whole thread. Few things that jump to my mind: - how in the world do you start without a mentor, community, proven strategy? Find a community (they are not for free so mentors are there trying their best to explain) - once you have the proven strategy, BACKTEST it. - once you are...