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What I think of Trading Algorithms π€
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What are the best ways to do algorithmic trading for small retail traders? Do you think that Algo trading is up beating professional manual traders? Algorithmic trading simply means turning a trading idea into a trading strategy via an algorithm. OK.
What do i think about trading algos for our own trading? Someone e-mailed me saying he's had great success with eliminating emotions by utilising algorithms for specific strategies. If its working for you then that's absolutely great. You've found your vulnerabilities and you've made adjustments to your system to make it work for you. I'm a bit of stubborn trader that trades in a way that works for me which is price action trading. I think there is a place for algos and trading automation. I think using more technology can help you leverage your trading. I talked about backtesting which I don't feel is of much benefit
#algortihmic_trading #trading_algos
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https://www.youtube.com/watch?v=-R1ps9VXvBkAbout the Site π
This site provides links to random videos hosted at YouTube, with the emphasis on random. π₯
Origins of the Idea π±
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. π§
Challenges Faced π€
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. π
Creating Truly Random Links π οΈ
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube πΊ
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. π
Content and Users π΅
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact π€
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. π
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