@beolbeol8025
TLDR; He doesn't talk about winning strategies. He talks about fees and bid-ask spread.
@OldFashionedTruckingStories
This reminds me of the old story about how selling shovels and mining tools to the gold miners in the 1800s offered more guaranteed success than to actually mine for gold. I suppose the same could be said for many industries: Publishing companies earn more money than authors, youtube as a media platform probably makes more money and has a more sure thing business model than an individual who starts a youtube channel.
@astroganov
Thank you for the video. It's always good to remember that the financial market does not generate the money, it redistributes it. And if you don't see the one who is going to lose their money in the deal, it's probably you.
@jamisonmunn9215
An interesting rabbit hole is the channels financial incentive is Youtube Ad revenue. If a video including "algo trading is fake" gets more views than an algo trading strategy video, you have to wonder are the strategy videos fake, or does calling them fake get you more views therefore more ad revenue?
@freddy8873
Love your work. This is the first video that prospective traders should be watching.
@HitAndMissLab
Yet another guys saying "everybody else is lying, but, come buy my stuff, 'cause I'm the only one who's telling the truth"
@maxg9680
Title is misleading. The 3 strategies proposed to make money have nothing to do with alpha. But OK to know.
@tylerschon900
Really good and instructive video on financial services as a whole. That being said, I think the algorithmic trading tutorials you're referencing are still useful for getting from 0 to 1. That is, how can one get to a point where you're actually analyzing data and coding primitive trading strategies. Once you get from 0 to 1, then you have the tools you need to research deeper and more complex machine learning strategies.
@Silver_Recaps
Man I love this video man! you are truly good at explaining what a lot of people think is complex.
@chadmagruder7728
Stop looking at the markets the same way everyone else does while expecting anything other than the same results as everybody else that fails. Find your own thing...
@kengc3
An additional benefit to “quant” trading that has nothing to do with Alpha is the elimination of emotion: as long as you can truly follow your systems. Having a system can be as simple as never going long when the asset you are looking at is below it’s 200 day moving average. This sounds almost idiotic in it’s simplicity, but I would say that 90% of all people I have shared this technique with have been unable to follow it, let alone anything else that is more complex. Following a simple 200 day rule could be the first step in reducing volatility and drawdown in your portfolio, thus making it more emotionally easy to actually stay invested. I’ve used this technique (along with a lot of more complex ones) as part of my toolbox for over 30 years and it has helped me out significantly.
@James-og6cx
He literally talks about how YouTube videos about trading strategies are bullshit and then in the next breath offers trading strategies, without even missing a beat! 😂
@davidabner8885
I am currently living off of my Algo trading gains. Took close to a year and around $27,000 in losses before I figured out how to become profitable. It's not as easy as it seems, but it's not entirely impossible
@sammclennan3661
Thanks for keeping it real bro and not trying to sell me anything!
@NightLight-q9k
Your videos are like a rocket ship to success! Thank you for guiding us on this journey.😄
@ssj4vrn
The big question is, why would anyone share alpha? If alpha is shared , the participants would use it and it probably would not be alpha anymore.
@askelyk384
If you look at the most successful hedge fund manager, Jim Simon, who has outperformed the market with an annual return of 66,1% before fees for his medallion fund from 1988 - 2018, it clearly shows that it requires the brightest minds in the world of mathematics, computer science and physics. The point is that most retail traders don’t have the necessary skills to analyze the right data and the right amount of data in order to produce strategies that can make alpha. Of course, that’s just how I analyze the situation. But most retail traders should definitely not use basic algo strategies like SMA 50 crossing the SMA 100
@ShubhamKapoor
What most retails traders think that Alpha is just the excess return over the benchmark, whereas you have to consider risk adjusted return to compare it to benchmark. It is not alpha, if you beat the benchmark with over exposed and leveraging into riskier positions. And yes, it is not consistent as well.
@trustfultrading
I can only disagree. It's possible, it's not easy, but it's definitely possible.
@andresbonelli