May 20, 2024
The Reality Of Trading Fully Automated Systems
In episode 455 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Kevin Davey, discussing the reality of fully automated trading systems. Find out why extensive testing and adaptation of strategies is important for algo trading.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- 00:00 Introduction
- 00:42 What's new with Kevin
- 02:39 Trading costs are against you
- 05:42 The impact of competition and changing market conditions
- 07:06 Testing strategies on multiple markets
- 08:55 Considering trading costs in strategy development
- 13:06 How long are strategies run before they go live?
- 15:30 The psychology behind algorithmic trading
- 17:56 The role of psychology in algorithmic trading
- 20:30 How does one get used to running algorithms
- 25:43 The potential and limitations of AI in trading
- 28:00 Continuous improvement and learning in algorithmic trading
- 31:39 Where to find Kevin Davey (links below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Where to find Kevin Davey
- KJtradingsystems.com
- YouTube: @AlgoTradingWithKevinDavey
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!