where can i learn PRICE ACTION trading ?

[DevBru]

I just do not believe in automation, if it was that easy we all be millionaires by now. Also, noone to learn from either. So spend all that time and no results to show for it.

Not believing in automation? If you are good at coding you would "just" let the code do what you normally would do manually.

Of course coding isn't easy, specially not if you want your code to take in account a lot of different factors or if you want the code to learn variables but nothing is easy if you really want to be good at it.

There is a reason why math and coding geniuses are working in finance these days. Automation is the future, in almost all industries. It has been going on for decades already and it's not going to slow down any time soon, quite the opposite even with AI growing as fast as it is.

Not everything can be automated, not every trading system can be automated, but if it can be automated it will be done at some point. If it can't be done right now there is a good chance they will just keep looking and find a way to do so in the future.

Edit: i am not a coder myself and i do not have an automated trading system. My system probably could be automated but would be very complex to code. I have near 0 coding experience and learning the level of coding i would need to automate my system would take many many years. I am not interested in spending that much time to automate my system, i am just trading 2-3 hours a day anyway. I am satisfied with my alert indicators that i created myself, they are saving me a lot of time.

 

[SimpleMeLike]

Not believing in automation? If you are good at coding you would "just" let the code do what you normally would do manually.

Of course coding isn't easy, specially not if you want your code to take in account a lot of different factors or if you want the code to learn variables but nothing is easy if you really want to be good at it.

There is a reason why math and coding geniuses are working in finance these days. Automation is the future, in almost all industries. It has been going on for decades already and it's not going to slow down any time soon, quite the opposite even with AI growing as fast as it is.

Not everything can be automated, not every trading system can be automated, but if it can be automated it will be done at some point. If it can't be done right now there is a good chance they will just keep looking and find a way to do so in the future.

Hello DevBru,

Easier to just trade manual and learn day to day market conditions and trade it straight up.

Like I said, if a trader can just program a trading idea(s) and click back test of a historical data of 10-20 years, we all be rich.

You think I am about to waste time trying to program against really really really smart people who get paid $XXX,XXX year just to program trading ideas and click back test and optimize. Automation is bullshit for the average trader. You competing against the best. You spend all that time back testing and not learning nothing about actually day to day trading.

lol ,by the time you find something that work, it stops working a few months later.

Even if you try to Optimize, you need expensive server to optimize like 20 variables. How you know what variables to optimize first or when to Stop Optimizing? Furthermore, how you even know if you optimizing the right way. What about the tick data? You trust it?

Too many variables to trust the outcome for 1 person trying to compete against people who get paid ONLY to back test and optimize many trading strategies.

 

[SimpleMeLike]

Edit: i am not a coder myself and i do not have an automated trading system. My system probably could be automated but would be very complex to code. I have near 0 coding experience and learning the level of coding i would need to automate my system would take many many years. I am not interested in spending that much time to automate my system, i am just trading 2-3 hours a day anyway. I am satisfied with my alert indicators that i created myself, they are saving me a lot of time.

Exactly my point. You learn how to code and waste time, when you can just watch the chart and trade straight up and get it over with it. Keep it simple.

Lol, you will spend years with like 100 different exit strategies testing and coding optimizing. Too many variables and you do not have that kind of time. The bills are due on the first of the month.

 

[DevBru]

Hello DevBru,

Easier to just trade manual and learn day to day market conditions and trade it straight up.

Like I said, if a trader can just program a trading idea(s) and click back test of a historical data of 10-20 years, we all be rich.

You think I am about to waste time trying to program against really really really smart people who get paid $XXX,XXX year just to program trading ideas and click back test and optimize. Automation is bullshit for the average trader. You competing against the best. You spend all that time back testing and not learning nothing about actually day to day trading.

lol ,by the time you find something that work, it stops working a few months later.

Never forget the competition.

Well, i respectfully disagree.

As i have said if you have the skills to do so you can let the code do whatever you would do manually, so if you say you don't believe that is sustainable you are basically saying trading in general isn't sustainable.

Of course it's not as easy as creating something in a few hours and click backtest. Proper automated systems take months if not years to create and fine-tune. Just as developing a sustainable manual trading system takes most many many years.

Learning to code is way easier than learning how to trade, doesn't mean you will find a mathematical edge in the financial markets, but i believe that a trader starting from 0 with no coding experience has a lesser chance at succeeding compared to a trader starting from 0 who has advanced coding skills.

In trading you are also competing against institutions with billions of capital, using the most advanced code in the world to take a few pennies from you every time you do a transaction.

 

[DevBru]

Exactly my point. You learn how to code and waste time, when you can just watch the chart and trade straight up and get it over with it. Keep it simple.

You do realise there might be people out there who already know how to code before they start trading, right?

If you have a successful trading system and are making a good return, there might be no point in learning how to code.

But if you are just starting out or are struggling to make any money trading, it could be definitely worth it to spend the time learning how to code.

 

[SimpleMeLike]

Well, i respectfully disagree.

As i have said if you have the skills to do so you can let the code do whatever you would do manually, so if you say you don't believe that tis sustainable you are basically saying trading in general isn't sustainable.

Of course it's not as easy as creating something in a few hours and click backtest. Proper automated systems take months if not years to create and fine-tune. Just as developing a sustainable manual trading system takes most many many years.

Learning to code is way easier than learning how to trade, doesn't mean you will find a mathematical edge in the financial markets, but i believe that a trader starting from 0 with no coding experience has a lesser chance at succeeding compared to a trader starting from 0 who has advanced coding skills.

In trading you are also competing against institutions with billions of capital, using the most advanced code in the world to take a few pennies from you every time you do a transaction.

DevBru,

Where will a trader obtain trading ideas to program and back test?

 

[DevBru]

DevBru,

Where will a trader obtain trading ideas to program and back test?

The same way you would do if you where looking to develop a manual system?

But instead of spending a lot of time to test it manually you could use some code to do it for you.

 

[SimpleMeLike]

But if you are just starting out or are struggling to make any money trading, it could be definitely worth it to spend the time learning how to code.

DevBru,

Stop bullshitting. Automation is complete waste of time. I just told you, you will be competing against very very brilliant programmers who get paid to test about 100 trading ideas per 1 hour, while you messing ass around trying to program 1 trading idea in 1 week. You can not compete with them. Best to manual trade and follow the price and make the bet.

 

[DevBru]

lol, so spend time learning to code before learning to trade?

As I said, if it was that easy, we all be rich.

And as i have said there are a lot of people who know how to code before they start trading ...

My son is 10 years old and even he is learning some basic coding at school ...

If you have 0 experience in both I don't see what could be so bad about learning both ... If it turns out coding isn't for you, you can continue manually. If it turns out trading isn't for you, you can try and do something with the coding skills you learned.

 

[DevBru]

DevBru,

Stop bullshitting. Automation is complete waste of time. I just told you, you will be competing against very very brilliant programmers who get paid to test about 100 trading ideas per 1 hour, while you messing ass around trying to program 1 trading idea in 1 week. You can not compete with them. Best to manual trade and follow the price and make the bet.

You believing it's impossible doesn't mean it actually is impossible ...

Get your head out of your ass.

There are a plenty of websites and forums regarding automated trading that are proof that it certainly is possible if you know how to code.