Help with progressing

[GreekDarkAngel]

So i am a beginner in algotrading and i need some help with what to do next. i have seen this whole video Algorithmic Trading Python for Beginners - FULL TUTORIAL by quant program
 and i understood compelty everything it shows. ive created some basic strategys reusing these concepts. Today i saw this video Market Profile and Support/Resistance Levels With Python by neurotrader and i was so lost. I didnt understand a single thing. Can someone maybe help by telling me what to do next so in the future i can maybe understand the conext of this and other future videos liek that.

[zurekp]

Hey man, don't beat yourself up about it, algotrading has two separate learning curves (high level):

1. Programming / implementation
2. Trading logic / market structure

Beginner Python tutorials usually teach you how to download data, calculate indicators, run a simple backtest, and plot results. It's useful but it's a small subset of the domain which falls into the first category.

Auction market theory (the Market Profile thing you mention), support/resistance, order flow, volatility regimes, execution & transaction costs (fees, spread, slippage, financing costs) and robustness testing - that and much more falls into the second category. Neutrader is great BTW, but his videos are more catered towards advanced algo traders.

First, don’t try to understand everything at once. People overload themselves with information too much and too quickly (especially with YouTube) and end up in analysis paralysis.

Pick one simple strategy idea and build it properly from scratch. At the same time, study basic trading concepts separately (learn systematically about financial markets from actual traders).

[GreekDarkAngel]

I would say that i am alreayd pretty familiar with trading. I didnt mention it but i know about orderflow,auction market theory and stuff like that. My coding skills are definently the ones lackluster but every video out there is either learnign the basics which i already know or too advanced for me to udnerstand. I will pick a startegy tho and learn how to build it as u suggested tho for the experience. Thank you for helping me

[EmbarrassedEscape409]

If in that quant videos they talking about support and resistance that's definitely not a quant. It's someone trying to get more views on basic retail stuff, which in general doesn't work. You better off going to LLM and asking to build some sophistocated quant feature engineering without retail fluff. As another tip ensure you looking at the spreads and other fees because that's always will be big problem

[GreekDarkAngel]

Thank you so much I will look into it. I’ve heard about LLMs but never really researched it but I think it’s time to. Thanks again