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Could you please give a high level overview on how one can get started with this? Im new to trading and learning valuation etc. I wouldnt mind writing my own bo
by infiniteseeker 9y ago
Could you please give a high level overview on how one can get started with this? Im new to trading and learning valuation etc. I wouldnt mind writing my own bot and playing with various scenarios!
Thanks!!
- SirLJ 9y agoOK, high level: you came up with a sound idea about trading strategy and go and backtest it for AT LEAST one market cycle, the more you test the better/robust your system is going to be... After you find a working one, you set your risk level, e.g. what percentage from your capital to risk per trade, the best to start is to use Kelly criterion (usually half Kelly for the stock market) and you go from there...