Quant Trading Live Report

OPEC move goal post on supply and USA markets higher.

Get the links behind my paywall https://wp.me/p3z5ih-1Wc

FAQ on risk model books and forex tick data source and Dukascopy

Neural network AI is simple. So Stop pretending you are a genius

This was a wildly popular topic in my Facebook group.

http://quantlabs.net/blog/2018/02/neural-network-ai-simple-stop-pretending-genius/

Here are some quotes that may be relevant for you:

Neural networks are dumb black box systems. If you torture them enough you can get great fit of test data, but you won’t get great results from randomly sourced tests. AI is really good at spurious correlations....

People want to ascribe magic powers to AI, but for the most part AI can’t do anything a human can’t. There are some exceptions, but only for transparent AI. Neural Networks aren’t transparent, and even in the transparent systems a human would be able to replicate the final result...

AI can be built to do great things. Neural networks have limitations.

This was a one on one Linux tutorial for on my members. It seems during 1 hr in, my Apple Mac laptop decided to crash for the first time in 3 years. I even mentioned during the live tutorial on how Apple software has pretty well gone downhill in the last few months. This was just another example of a crash. It killed the first 1 hr video session. As you listen to this tutorial, I will only be able to help out people at this this level who become members.

Where this video is left from is helping this person build a Redis NOSQL database environment. This person could not install Redis Desktop Manager (RDM) due to some incorrectly install version of Redis. His chosen Linux distribution was Ubuntu Server but you must likely needed Ubuntu Desktop to allow RDM. So when you start watching this video, please keep this in mind.

This conversation also lead into find Purism the new computer hardware maker out of San Francisco USA. Purism has locked down hardware (e.g. laptop and tablet) with a new phone running a secure Linux called PureOS. I am not recommending this hardware maker quite yet but do understand I would prefer to use a company outside of the USA. One desired to ship hardware out of somewhere like Switzerland. This is all explained in my video.

I would further suggest others to view on various Ubuntu Linux install tutorials if you need certain resources like Redis.

Use in a Ubuntu Linux Server terminal session:

http://quantlabs.net/blog/2018/02/linux-tutorial-redis-nosql-purism-hardware-privacy/

This is the second round with a redesign as explained in this video. It seems my winning open entries are usually at around >50%. This is good while I still need tocorrect the exits which is the exact rationale for my previous round. This video does deep  deep analysis on what is driving the results and rationale.

http://quantlabs.net/blog/2018/02/amazing-latest-algo-forex-trading-strategy/ 

Here is an entire set of articles of the POTENTIAL forex brokers questions you should ask. I do not reveal true scammers but do question them before signing up

Here is another gem from one of my email subscribers. I consider an absolute gem to peel back the entire 'forex trading broker scam. This person put together a compilation of links and commentary on this topic. You are definitely no alone. A big thanks to him who is out of Australia!'

Some things to note for newbies

http://quantlabs.net/blog/2018/02/forex-brokers-scam-the-newbie-trader-needs-to-know/

Who are the last few brokers for forex trading reliability

Background context:

You think so? What do you know about ATC? The FX broker? I got to find a broker I can still walk right after im fed…lol. I might end up going to securities…its what I started with I mean I got zero choices., I don’t really want to go to back to ally, maybe they’ve gotten better in the past few months, they don’t offer corp. accounts so im going to get fed on taxes. I basically have TD or ATC….no fing way im going to Forex.com, gain capital shares have been taking a pounding cause no body fs with them, their reviews are even worse than oanda. Any ideas, keep in mind I live in the US of fin A

I have never hear of ATC but these reviews look good:

http://www.forexpeacearmy.com/forex-reviews/1428/www.atcbrokers.com

Esp. when they respond. I wondr if these reviews are real. 

Also, another option could be LMAX. 

http://www.forexpeacearmy.com/forex-reviews/7736/www.lmax.com

Too bad ATC does not offer other software options 

Yea I went to this link, the guy recommended them:     https://www.fxtradingrevolution.com/education/revolution-in-trading-what-forex-brokers-never-want-you-to-know

I would ensure to check the Forex Peace Army for the reliable review as they seem to be the only reliable site to check these brokers

https://www.fxtradingrevolution.com/education/revolution-in-trading-what-forex-brokers-never-want-you-to-know

https://atcbrokers.co.uk/company/

http://www.forexpeacearmy.com/forex-reviews/7736/www.lmax.com

http://quantlabs.net/blog/2018/02/last-brokers-forex-trading-reliability/

Long-term return forecasts 2018 via industry reports

This article was posted yesterday

http://quantlabs.net/blog/2018/02/long-term-return-forecasts-2018-via-industry-reports/

This is a video explaining my view of crypto currency bot development. This includes Bitcoin with a focus on using Python over Javascript or PHP.

After my various videos on based on trading bots for Bitcoin. See below for that. The main hate on from what I see is that people don't like negative references back to web development languages (e.g. Javascript or PHP) are substandard for more advanced languages including Python. I explain all of my rationale in my first 13 minute video below.

Working Python gives you many advantages to integrate with other awesome packages including backtrader. It seems that a widely evolved package like ccxt  enables you to wrap to 90 global exchanges. Some will be valid and safe while others will drop off with bad news around them. As a result, you only to maintain one interface with the latest exchange changes. You will not need to pull your hair out by maintaining each exchange you are interested in working with.

Here are some past videos I have done regarding Bitcoin bots. This includes Gekko or other bot projects.

If you plan to use some black box bot, you are pretty well wasting money. I say that because you most likely are looking for the quick easy way to make money at crypto. Guess again? Those days are over. Not only that, it means that you will need to work. You will need to full understand 'under the approach' of how these instrument flow. Yes they are valid. It is the volatility where you will make some great coin if you forecast the correct market direction. As a result, you will need to understand this with a good amount of learning. Sorry but I don't think there is no other way.

http://quantlabs.net/blog/2018/02/crypto-currency-bitcoin-bot-development-with-python-over-javascript-php/

How to use TA-Lib with Python for technical analysis trading

How to use TA-Lib with Python for technical analysis trading

This video will highlight the need of using a hopeful reliable technical analysis indicator library. My video explains the history of how this library was built and used in other popular projects.

I could go on and on about technical analysis but I do find it useful for timing your positions including entry and exit. In past videos on testing visually various technical indicators with JForex, you will clearly see why I use this process. For instance, I thought linear regression would be useful. By checking visually on charts, it clearly showed  clearly how this indicator was not right. It was too sensitive on potential market direction at low levels e.g. 1 minute timeframe.

Using the chosen indicators it clearly  showed how they are not as sensitive/noisy nor lagging. This was an important eureka moment.  It is unfortunate I spent too many weeks to figure this out. Logging your positions in full detail of the indicators results you want to use is very helpful.  This is a critical process you need to understand instead of guessing where your trading positions results will end up. Many retail traders will never to get to this point. As a result, it does help to have this point of view when testing your trading ideas.

Also, the difference between developing 100% in the JForex API is very time consuming. As you get more confident with Python. you will be able to bang out trading scripts much faster. You will n longer be bogged down by the limitation of a broker or their API. As hinted in my video, this is why I would prefer to have all the market and trading data in one central hub (eg. Redis or CSV).  Once again, i cover this in my video.

http://quantlabs.net/blog/2018/02/technical-analysis-trading-with-ta-lib-with-python/

China banks lead while USD has Kerfuffle and Euro up

Get the linnks behind the paywall of http://quantlabs.net/academy/china-yuan-biggest-drop-while-china-now-biggest-importer-for-oil/