Desire To Trade Podcast | Interviews with Highly Successful Traders18 Apr 2016

036: The Development Of An Automated Trading System w/ Shaun Overton

The Development Of An Automated Trading System w/ Shaun Overton

Watch the video interview!

Episode 36 of the Desire To Trade Podcast features Shaun Overton, the automated trading system developer also founder of One Step Removed.

Shaun started in the forex industry in 2005 working as a broker at FXCM. He led the sales effort for an automated trading fund, which led to his interest into automated trading. He then went on to create his own systems that now allow him to live off them.

At the opposite of what I believed, Shaun says developing an automated trading system isn't so complicated. One must learn how to program first. Then, there's a clear process, described during the interview, anyone can follow.

Shaun spends his days researching. This is a passion for him, but his goal is to create more systems that produce positive results. He shared about the exact things he's looking at and the sort of system he has developed.

Although this podcast episode appears fairly technical, there's something that can be learned by any trader. Both automated system traders and manual traders must backtest their trading plan. One of the common problem consists of backtesting only for a restricted period of time and optimizing the system for that period.

The world of automated can be highly fascinating for traders with an interest for statistics and programming. For more on that topic, I recommend listening to DTTP 011: The Fascinating World of Automated Trading and checking what Shaun is doing at One Step Removed.

What’s covered in the podcast?

What it's like to be an automated system trader
Examples of factors predicting the movement of a currency pair
The steps to develop an automated trading system
The biggest mistakes made when developing an automated trading system
What type of broker works best for automated system traders
Best resources to learn to program
And so much more...

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(576)

567: Becoming A Profitable Trader Is Actually Easy (Trader Motivation)

Becoming A Profitable Trader Is Actually Easy In episode 567 of the Desire To Trade Podcast, you will hear advice from some of the best traders in the world on how to become profitable. If you're seri...

6 Juli 20min

566: I Made $4 Million Trading Forex. Why I Quit? (Vitalii Bulynin)

I Made $4 Million Trading Forex. Why I Quit? In episode 566 of the Desire To Trade Podcast, you will be listening to an interview with Versus Trade founder Vitalii Bulynin, who made $4 million trading...

29 Juni 21min

565: What The Top 1% of Traders All Have In Common (Jack Schwager & George Coyle)

What The Top 1% of Traders All Have In Common (Jack Schwager & George Coyle) In episode 565 of the Desire To Trade Podcast, you will be listening to an interview with the legendary Jack Schwager and f...

22 Juni 28min

564: 100+ Years of Brutal Trading Advice in 52 Minutes

100+ Years of Brutal Trading Advice in 52 Minutes In episode 564 of the Desire To Trade Podcast, you will be listening to 100+ years of brutal trading advice in 52 minutes. These are the most honest c...

15 Juni 53min

563: 1 Hour of Genius Trading Advice From Top 1% Traders

1 Hour of Genius Trading Advice From Top 1% Traders In episode 563 of the Desire To Trade Podcast, you will be listening to advice from traders who have survived decades in the markets — including one...

8 Juni 1h 5min

562: Build An Unstoppable Trading Mindset (Mandi Pour Rafsendjani)

Build An Unstoppable Trading Mindset In episode 562 of the Desire To Trade Podcast, you will be listening to an interview with elite trading psychologist Mandi Pour Rafsendjani as she discusses how to...

1 Juni 34min

561: 51 Years Living Off The Markets (Peter Robbins)

51 Years Living Off The Markets In episode 561 of the Desire To Trade Podcast, you will be listening to an interview with trader and author Peter Robbins, who's been living off the markets for over 50...

25 Maj 29min

560: I Asked 6 Pro Traders To Share Their Best Day Trading Strategies (1-Hour Masterclass)

I Asked 6 Pro Traders To Share Their Best Day Trading Strategies (1-Hour Masterclass) In episode 560 of the Desire To Trade Podcast, you will be listening to six elite traders sharing their best day t...

18 Maj 1h 9min