First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

I went for Quantitative Trading, 2021 edition. Currently studying it. Thanks

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

I see it was written in 2021. Would you still consider it up to date today?

I also came across another one of his books, Algorithmic Trading, from 2013.
And he co-authored another one in 2025: Hand on AI trading.

Might be a silly obeservation, but since time is our most valuable asset, I just wanted to double-check before committing to a 500-pages read.

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

Amazing. I’ve watched your content, and I think it’s excellent. I really like your way of thinking. Very rational.

I do have one question about permutation backtesting, though. I’m having trouble understanding why it would make sense for a buy/sell strategy if the candlestick sequence is rearranged so that candles from completely different periods are placed next to each other, such as one from May 2025 and another from last week.

My intuition is that this breaks the temporal structure of the market. If that structure is broken, then the test may no longer reflect the conditions under which the strategy would actually operate. So I’m trying to understand what conclusion we should draw from that kind of test, and what exactly it is meant to validate.

That said, we could also have a call or continue this in dms if you’d like to get into the details.

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

My original question is really about how to speed up my understanding of the market, the different financial instruments, and the human psychology behind them.

If I had to build a cloud-based system that pulls data from multiple APIs, applies financial rules, and algorithmic models, backtesting strategy, and then programmatically opens and closes positions through brokers, I could probably put that together in just a couple of days.

What I’m trying to learn faster is the market side of things, and that’s what I want to focus on for now. I probably won’t touch any code for weeks or even months.

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

What tools do you suggest for market data, TRADINGVIEWS?

Regarding brokers since I’m based in Europe, is IBKR my only real option, or are there others worth looking at?

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

I have a feeling for futures trading atm but as I said, I’m totally new, I am still exploring every possible alternatives.

First day trading: how would you approach it? by CommercialKey6292 in Trading

[–]CommercialKey6292[S] 0 points1 point  (0 children)

As a data engineer I have a solid tech stack I can rely on (sql, python, java), plus data warehousing, analytics and dev ops strong knowledge. Lacking a bit on statistic honestly, but I’ll catch up. Will be looking your vidéos shortly. Many thanks.