last month I made a Q&A video a computer
science topic video and a video
regarding what I do as a software
engineer to startup and if you watch
those three videos that means you know a
little bit about me obviously that
doesn't mean you know everything about
me after all I am a bit spontaneous and
like to change things up every now and
then and today is gonna be one of those
days today I'm going to give you a
backstory on my relationship with stock
trading and I'm going to talk about the
resources that I plan to use to use my
stock trading strategy and turn that
into a tradable algorithm let's start
off with my back story because if you
don't hear that then a lot of this video
overall really makes sense so about four
years ago when I was in college all I
really wanted to do was trade stocks I
mean I would literally schedule classes
later in the day so I could spin mark it
open the first 30 to 60 minutes of
market open to trade stocks I would wake
up hang out for a little bit drink a
nice cup of coffee set up my charting
software my trading software get all of
my watchlist underway to make sure I
know what stocks I'm going to be looking
at that morning and be sitting in my
chair at 9:25 waiting for 9:30 for the
market to open so I could put my
strategy and implement it so I could
hopefully make some money stock trading
alongside school was essentially my life
I would have good days and I would have
bad days but here's the problem with me
is that when I would have good days I
would have really good days I would be
doing well in class I'd be killing it in
the gym because I knew that morning I'd
made some money
that's good I like to make money but on
my bad days it was really bad I would
not be able to focus in class because I
was just thinking oh I lost this money I
lost that money when I was at the gym I
wouldn't be able to focus either and it
was just a bad workout because I wasn't
in that best of mood and one thing that
you need to know about stock trading is
that you need to be emotionless if you
make a lot of money or if you lose a lot
of money you just need to be straight
face emotionless and that was my problem
so that's why I took a step back I need
to make sure I focused on school I
couldn't have these really bad days
anymore because that would just bring
down everything if I didn't want to work
on a project and I would like it was
just really bad and ever since then
stock trading for me was just the
occasional long-term in swing trade but
now that I've taken all of these
computer science math courses and I've
coded so many different algorithms and
so many different languages and I have
this good day trading strategy why not
try to merge the two together after all
these algorithms don't get sad they
don't get happy they don't care if you
did good or bad they're not going to
think maybe if I just hold on to this
stock a little bit longer it'll do
better because that is what will kill
you
that's just going to say okay you set
these parameters so I'm gonna do exactly
what you say in the code why don't I
just create an algorithm that implements
my strategy and don't get me wrong I
understand people get paid hundreds of
thousands of dollars to create these
particular algorithms that can beat the
stock market but why can't I learn I
hold a lot of the skills that they hold
the knowledge of the stock market maybe
not to their level but there's always
room to grow and it's something that
interests me so I know it's something
that I want to put my time into and I
know how to code I went through my whole
entire computer science degree I did all
of those math classes I've coded in many
different languages at many different
levels and I can just progress in that
because that's something else that
interests me so I'm just going to
collide these two worlds using these
resources research number one is called
quanto peon I'm gonna use this resource
first and foremost to learn more about
the quant finance industry what this
side is all about is providing free
education data and tools so anyone can
pursue quantitative finance they have
this whole entire beautifully laid out
course for free that will teach you a
lot about algorithmic trading strategy
analysis pipeline API is algorithm API
so on and so forth but that's just the
beginning of how I be using this
resource I'll also be using this
resource as my IDE as well as my paper
trading account I mean the browser IDE
may have some kinks but it has access to
the same libraries and data as the back
tester which I believe will help in the
long run so I don't have to worry about
setting anything up I can just hop into
the browser use the IDE and it has
everything there for me resource number
two is going to be the programming
language Python I'm going to be using
Python because that's what the quantou
P&ID uses but also that's what I was
going to be using anyway I developed a
few programs with Python and my
artificial intelligence class back in
college that you can see on my github
account
they connect for client and the other is
a Sudoku solver and although I'm very
happy with the outcome of those two
projects I am no Python professional but
I'm definitely up to learn more about it
along this journey resource number three
is going to be the Robin Hood app if you
don't know what it is is essentially a
commission free stock trading brokerage
and the reason this is resource number
three is because that's the order that
this will come in Robin Hood won't help
with me coding the algorithm or learning
about quantitative trading but what it's
gonna do is help me actually trade in
the real stock market quanto peon is
where I'm going to be doing my paper
trading that's where I'm gonna be
testing out my algorithm but if I want
to take this into the real world I'm
going to need to hook it up to an actual
brokerage and that's where Robin Hood
comes in mainly because it's free and
it's compatible with quant opium I
actually use Robin Hood for a lot of my
swing trades and long-term investments
and if you are interested in using Robin
Hood this is not sponsored but they have
this a referral program where if you use
my link and sign up to Robin Hood using
my link upon approval of your account
you'll get one free stock and I will get
one free stock so if you want free stock
which is essentially free money use the
link I will leave that in one of the top
lines down in the description below this
video and speaking of taking this
algorithm into the real world one thing
that we have to take into consideration
is the PDT or pattern day trader rule
which is essentially if you have less
than $25,000 in your trading account
which that will I'll fall under that
category you can't make three full round
day trades that means buying and selling
within the same day three times within a
five day span so we'll need to
essentially code that into the algorithm
but we would do that for any brokerages
isn't just specific to Robin Hood and if
you do decide to hop into stock trading
definitely be careful and make sure you
only use money that you're able to lose
stock trading is no joke people do this
as a profession it's very likely if you
just dive in headfirst into trading with
your real hard-earned cash you're going
to lose most of it if not all of it so I
would highly recommend opening up a
paper trading account in order to really
develop a strategy over the next few
months or even next few years I mean
like I said people spend their lives
doing things like this and you can find
a strategy just make sure you're able to
find that strategy paper trading not
with real
and then once you have that down and you
feel confident that you're able to use
real money make sure you leave emotions
out of the equation and to only use
money that you're willing to lose
because in the stock market it can go up
it can go down you could get in a trade
that looks it sets up perfectly but you
lose some money and maybe you lose more
and more and more you don't want to have
to rely on this to pay your bills don't
put in your life savings into any stock
just make sure you have like this play
money or something that you would spend
on like a new monitor or something and
just hold off on that monitor and put it
into the stock market if that's what you
really want to do don't use money like
I'll pay rent don't worry about the rent
like that's not what you want to do I'll
leave a few helpful links in the
description right below the Robinhood
link for those of you who care to break
into this crazy world that is stock
trading now that we have an
understanding of the overall project
what I'll be doing first is going
through the courses on quant opium
my idea was to create a series called
algo dev journey similar to my IDE
evgeniy where I document the learning
process and making a video after every
single lesson or maybe every two lessons
depending on how much information I
learn and essentially regurgitate that
information to you based on my
understanding that'll help me learn and
that'll also give you guys something
valuable to sit back and watch and learn
so let me know what you think but I'm
not sure if that's the way I want to go
with this the alternative would be me
essentially working on this behind the
scenes maybe updating you guys every now
and then randomly in other videos but I
want to know what you guys have to say
if you are very interested in me doing
this type of series let me know in the
comments below and I'll definitely take
that under consideration and for the
record I am in no rush to get this done
but it is just something I'll be working
towards in the meantime and once I'm
satisfied with the algorithm I may throw
it on a quanto peon contest which is
basically something to prove the
algorithms Worth and also it gives you
the potential to license this out to
potential customers and people this
would be a way for me to prove the worth
of the algorithm as well as make money
without risking my own like you do in
the stock market however we will talk
about that more as we progressing it
closer to that step in the process but
as for now I need to study up on this
and I'll discuss it more in the next
episode of algo dev journey if that is
indeed what you guys decide you want on
the channel otherwise I'll update you
guys in another future video until next
time guys have a go in peace and what do
you think of the must
I'm thinking about keeping it but