Avoid These Costly Algo Trading Mistakes | Expert Insights from Jay Parmar

Avoid These Costly Algo Trading Mistakes | Expert Insights from Jai Parmar

In this informative webinar, we delve into the most common mistakes that algorithmic traders encounter and offer expert strategies to help you avoid them. From psychological pitfalls to technical errors, Jai Parmar, a seasoned Quant Researcher at iRage, shares practical insights that will enhance your trading skills. Whether you're new to algo trading or a seasoned pro, this session is packed with valuable tips to help you trade smarter and more effectively.

Key Topics Discussed:
Understanding Algo Traders: A comprehensive look at who algo traders are and the various stages of algo trading.
-Common Errors in Algo Trading:
-Not Knowing the Strategy: Why it’s crucial to fully understand your trading strategy.
-Interfering with Systematic Strategies: The importance of trusting your backtested strategies and -avoiding emotional interference.
-Inadequate or Limited Backtesting: The dangers of insufficient backtesting and the value of robust data analysis.
-Adding Unnecessary Complexities: Why simplicity often leads to better trading strategies.
-Practical Solutions: Effective strategies to mitigate common errors and improve trading performance.

About the Speaker:
Jay Parmar: Jay is a seasoned Quant Researcher at iRage, India. With a decade of expertise and as the co-author of "Python Basics," Jay excels in machine learning applications and leveraging quantitative strategies across various trading verticals.


Timestamps:
0:01 - Introduction by Satish Maurya
1:05 - Speaker Introduction: Jay Parmar
7:18 - Common Error 1: Not Knowing the Exact Strategy
10:51 - Common Error 2: Interfering with Systematic Strategies
14:42 - Common Error 3: Inadequate or Limited Backtesting
26:17 - Common Error 4: Adding Unnecessary Complexities
30:17 - Common Error 5: Not Includeing Slippage and Transaction Costs
35:49 - Common Error 6: Tracking One and Trading another
40:00 - Common Error 7: Not having a Plan B
43: 05 - Common Error 7: Not Monitoring Enough
45:35 - Q&A Session

********
Learning Resources:
ALL Courses Bundle | 50+ Courses: https://bit.ly/3VKUu7r
FREE Ebooks:
Machine Learning in Trading: https://bit.ly/3SXt7Ww
Algorithmic Trading: https://bit.ly/48n9b3E
Python Basics: https://bit.ly/48hqCCW

Subscribe:
🔔 Subscribe to our channel for more Algorithmic Trading tutorials and tips!
👍 Like this video and share it with fellow traders.
💬 Drop your questions and comments below – we'd love to hear from you!