Building profitable algorithmic trading bots
Building profitable algorithmic trading bots

Let’s start off with the bad news first. Building profitable algorithmic trading bots won’t happen overnight. It’s a process, one that takes time, patience, and knowledge. And since it’s a fluid process, it also involves a fair bit of trial and error before you start to see consistently profitable results.

Now that wasn’t too painful, was it? …

Best indicators for swing trading
Best indicators for swing trading

Swingers have more fun.

No, not that kind of swinging (where’s your mind?). We’re talking about swing trading, a common investment strategy and one quite different from day trading or position trading.

As you’re likely aware already, day trading is perhaps the most well-known trading approach and involves buying and selling a relatively large volume of short and long trades all within the same day. …

Creating your own trading bot has gained the unfortunate reputation of being a difficult, cumbersome and highly-technical process. And although this was true in the past — that understanding is now long-since outdated. In fact, the reality is quite the opposite, the rise in bot trading has ushered in a range of solutions scampering to be go-to for those who want to create bots. The problem is that even if their intentions are good, their execution is less-than-perfect and users on these platforms end up using black box, copy/paste bots that everyone else is using.

Trality does it differently. We…

We’ve come a long way since we first announced our big plans to the world. In that time, we have made some major progress in our mission to bring the power and potential of algorithmic trading to everyone who needs it. In this post, you will find the most important news from Trality HQ since day one.

February 2021 — Trality comes out of beta 🎉

During the fourth quarter of 2020, Bitcoin experienced a 171% surge. Ethereum, the second-largest cryptocurrency by market capitalization after Bitcoin, did even better in 2020, rising more than 600% (Bitcoin managed a mere 305% increase last year).

Few other activities will test your psychology like trading, particularly during volatile markets or when dealing with a difficult-to-predict digital asset class such as cryptocurrency. Emotions such as fear, greed, hope, anger and regret can negatively influence your decision-making process, causing you to act irrationally or impulsively. …

Trading Ideas
Trading Ideas

Hello, Creator! Today we’re going to discuss some trading ideas and indicators to help push you one step closer to creating your first bot. We understand better than most that creating a trading bot is by no means an easy feat, we’ve been there ourselves so we’re in a great position to push you in the right direction.

With that in mind, let’s get started with some knowledge that you can implement into your strategy right away.

Using volume as an indicator — OBV (On-Balance Volume)

Trading volume is a very important factor that you must keep in mind when executing trades. It doesn’t matter if you are trading…

“It is the unemotional, reserved, calm, detached trader who wins […] not the ambitious seeker of fortune.”

How long ago do you think this quote was written? Five years? Perhaps twenty years? Maybe even thirty?

Try over 2,500 years ago.

And I’ll give you three guesses to figure out who said it…try again…close…sorry, that’s three. Give up? Before I let you in on the secret, there is a catch. It isn’t an exact quote. I’ve changed just one word — trader. But you’ll have to keep reading to the end to find out the source of such wisdom.

Forbearance, equanimity, aplomb

They’re just…

Backtesting tips
Backtesting tips

Hey, Creator! And welcome to the Trality blog. In this post, we’re going to dive a little deeper into the subject of backtesting and how you can ensure you’re doing it correctly.

Backtesting is by far and beyond the most crucial aspect of coming up with a profitable trading system. If you execute your tests properly, it won’t only help in optimizing your strategy by pointing out inconsistencies or anomalies — but it will also validate the strategy and give you confidence in deploying your bot to a real, live market.

With that in mind, we asked our Machine Learning…

Hedge funds have been employing automated trading solutions since their inception to make a lot of money. Trality is giving you the power to do the same.

Trality is giving you the power which only hedge funds have been employing so far.
Trality is giving you the power which only hedge funds have been employing so far.

The concept of algorithmic trading has been employed by large financial institutions like hedge funds, banks, pension funds and market makers since the concept of trading has existed. It’s no surprise that these institutions look for experienced mathematicians, statisticians and quantitative analysts to make sure they always perform better than the everyday private investor like you or me. It’s essentially what they are designed to do — make money.

With that in mind…

Algo trading with Python
Algo trading with Python

Got Python? If you’re serious about financial markets and algorithmic trading, then you’re going to need it. Python is a computer programming language that is used by institutions and investors alike every day for a range of purposes, including quantitative research, i.e. data exploration and analysis, and for prototyping, testing, and executing trading algorithms. In the recent past, however, only the big institutional players had the money and tech know-how to harness the benefits of algorithmic trading, but the times they are a-changin’. …

Igor Chernysh

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