590
*incl. of TaxesCreating and Testing a Trading System
4 Rating
Advanced- English
- 2860 Learners
- Date: March 23, 2019
- Time: 03:00 PM
- Duration: 2 Hours
Introduction
A trading system is a set of rules that can be based on either technical or fundamental indicators. A trading system instructs a trader on when and how to trade. Trading systems, in many cases, serve as a trading blueprint.
Trading systems are essential for a trader because, without it, no trader can expect to trade. Despite a few lucky breaks, one cannot expect to be consistently profitable unless they follow a trading system or strategy. The human mind tends to complicate things naturally, we always think that anything that is complex adds value whereas simple stuff is good for nothing. However, it works exactly the opposite when you start building your trading systems. The more complex is a system, the more is probability of data biasing which can lead to unprecedented results.
So in a nutshell, you do not have to use fancy indicators and 100’s of ct patterns to build a super successful system. Even a simple system that derives Buy/Sell signals based on OHLC values can do wonders in any market condition.
Objective
- Create a day trading system based on end-of-day data.
- Use trend & simple volatility breakout
- Back test the system
- Check for statistical robustness of the system
Subhadip Nandy is an Algo/system designer specializing in Indian and US financial markets. Strategies are based upon proprietary concepts on technical analysis. Quant concepts are blended with technical analysis as and when required. Strategies used primarily consist of alpha generating systems in stocks, commodities and forex. All strategies are developed in-house and use a proprietary position sizing methodology.
Academic interests include quant models, game theory, HFT, the effect of the polity on financial markets, booms and bursts over the centuries etc. Have had experience as a guide to research projects on financial markets. Appeared on television channels as a financial market expert.
He has graduated with Economics with post grad in Business Management with 18+ years of experience as a trader and analyst. He was the Head-Research & Director-Algorithmic Strategies for one of the biggest commodities prop firms in India. Now he is working as an independent quantitative trader and also trains traders on systematic trading.
What You Will Learn?
- Create a trading system, test the system statistically
- How to define your time frame
- How to Identify the position of the market
- How to Find support and resistance levels
- How to Find your entry levels & exit levels
- How to Use multiple time frame analysis
Materials to be shared with participants
Prerequisites
Basic knowledge of trading
How to Participate
Step 1 : Click on ‘Book Your Seat !‘ button and book your seat for the webinar.
Step 2 : You will receive an email containing a link to join the webinar.
Step 3 : Click on the same link to join 15 minutes before the start of the webinar.
Step 4 : Checksystem requirements and do necessary configuration of your headphone/speaker and system volume.
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