Best thing about an algo is that it’s never scared. Like he mentioned … if your edge is good, it will execute it without hesitation
Thanks Dean for giving us a shoutout, how kind! This interview was great, and Humbled Trader's interview skills and production quality are fantastic. You got a new subscriber.
Humble Dean on Humbled Trader, the best interview so far. Thanks for sharing this.
Really interesting interview. Im a hugh fan of Jim Simons & Renaissance. When I first started trading I immediately realized how important it is to take low risk high probability trades.
This interview is very eye opening. One of his key points is something Shay repeats again and again. Trading is simple. Executing it is difficult/complicated. The way he explained his algo's strategy makes it sound very simple and based on commonly practiced ideas - identify trends/breakouts/reversals. Super simple. However, combining the detailed research around the average size of price movements; creating decision points the algo uses for entries, exits, and risk management; and managing multiple positions on different timeframes is incredibly complex. It's astonishing he has been using this algo for 20 years. Great interview!
I seriously will be watching this at least 2 more times this weekend ... It is a lot to wrap around my brain ..... Great interview .. If it made you feel like a beginner again, Imagine what it made me feel like.
This man is truly humble. Thx for making so much sense in this noisy world of cheap shots. Many can’t succeed as he also alluded to because they don’t even understand the terrain and game they’re playing. Wisdom & Discretion is key! I learnt a lot from him.
How modest this Man , good for him; May GOD bless him.
I had no idea that there was a tool like the Shark indicator available for automating our trading. I'm delighted that I discovered your channel. Great work!
A Load the Dips day in the EV sector Thurs... Traders shorting mostly instead of Long.? A few Green EV Winners * VEV Up 10 %...* XOS Trucks Up 8 %... we will see how many more will end Thurs Green to Keep the Bull$ Charging Harder this Summer.
He lowkey dropped a lot of knowledge here. This was confirmation for me that I'm on the right track, thanks for this interview!
Hi, Im Pandian from India.Thank you, Dean and Humbled Trader, the information you have provided is what I was looking for. Once again thank you both- I really mean it.
"The FTC charged Indigo with making false claims about its $3,000 software program that predicted stock prices. The agency alleged Indigo used hypothetical trades based on historical data for profits described in advertising"
This was a top-notch interview. What a humble individual and a great role model to his daughters. The only thing he tried to promote was his daughter's social media where she is giving back to other young ladies.
Something about this guy’s early story isn’t adding up. Can’t put my finger on it, but something tells me his backstory wouldn’t stand up to scrutiny
sorry, for that's the art of not saying anything ) how do they build their algos? How do they derive "alpha" from the highly liquid and not so volatile market? How do they backtest their ideas? How much do commissions contribute to overall trading costs? trading so actively, they need to have a heavy alpha since they probably generate massive overall commissions. how do they diversify between rules and different markets?
Just found your channel this week! This interview, and I watch a fair amount of interviews to learn from successful people, was an excellent example of time well spent! Dean is a fascinating man! Would love to have had him as a personal friend as a young business person. Looks as if you're having fun as well! Bravo! Great job!
Awesome interview! Thank you. The trend system is mindblowing because it completely supercedes psychological subjectivity and emotional bias. Knowing when to say "I'm wrong, let's hop back on this trend", takes a computer (No emotion), not the typical human 34:00
That stacking approach is quite smart. Quite smart to consider.
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