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PDF Editor FAQ

What was the initial amount you used to start full time day trading?

I started with 70,000 Rupees.That's the mistake. Don't begin with anything you have. Put aside a lump sum, at least 3,00,000/- and then take small positions.Avoid using leverage. Trade on cash basis. If you're profitable the same day, exit.Note: You can access my oil trades for free by downloading this app. We're constantly working on improving it. It's free and shows live trades in real time.

How quickly do automated forex trading strategies lose edge?

First of all, a strategy performing worse in live trading relative to the backtest isn’t really the phenomenon of a strategy “losing edge” but likely the result of overfitting and not being fully rigorous when doing the backtest.There is a real thing of strategies losing edge, and that looks like a strategy doing well for a while in live trading, consistent with the backtest, and then suddenly performance degrading.The reasons for this include:Your own trading, if you scale up the strategy without accounting for market impactOther similar participants to you entering the market with a correlated strategySuboptimal behavior on behalf of other participants that led to your edge disappearing because those participants went out of business or stopped trading suboptimallyThere is no one answer to how quickly any of these can happen, it can clearly depend on any number of factors, including your own trading.

I have written an "I think so" amazing trading algorithm, how do I find investors?

When you said “I have written”, does that mean the results you posted are from backtest or live trading? That makes a big difference in what your next step should be.If the former, you should start live trading it. Or at least you should start paper trading it on a 3rd party platform such as Quantopian, so that the results can be verified.If the latter, sign up with FundSeeder or BattleFin Home and have them verify your track record. They will introduce investors to you once that is done.

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