AI For Trading Forex (What You Can & Can't Do!) - Ernest Chan

Ойын-сауық

In the Desire To Trade Podcast, I sit down for a trader interview with algorithmic trader and author Dr. Ernest Chan.
Dr. Ernest Chan is an expert in the application of statistical models and software for trading currencies, futures, and stocks. Over his career, he has built and traded numerous quantitative models for investment banks and hedge funds. He Currently manages a commodity pool and individual investor accounts and is the author of Quantitative Trading, a book that covers the basics of quantitative analysis in trading strategies.
Trader Interview Summary w/ Ernest Chan - AI For Trading Forex :
0:00 Interview Introduction
0:45 Who is Ernest Chan?
7:30 What Artificial Intelligence Was Like 30 Years Ago
15:15 Will AI replace manual traders in the future?
16:57 How to Create a Successful Algo Trading System
25:55 How to Not Add Too Many Factors to a Trading Strategy
27:19 The 2 Ways of Using Artificial Intelligence in Trading
29:04 Are Investors Comfortable to Invest in AI?
32:32 What is The Future of AI For Trading?
33:52 Where to go For Learning AI Trading?
36:10 Where to Find Dr. Ernest Chan & His Future Goals
📈 FREE Case Study "Quitting Your Job To Finally Trade Full-Time": desiretotrade.co/case-study
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// SOCIAL
Forex Trader Community (Facebook Group): desiretotrade.co/FBgroup
Facebook: / desiretotrade
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Brokers:
AxiTrader: desiretotrade.co/axitrader
Pepperstone: desiretotrade.co/pepperstone
Best Platform: desiretotrade.co/tradingview
Backtesting Tool: desiretotrade.co/soft4fx
VPS (for algo trading): desiretotrade.co/vps
Trading Journal: desiretotrade.co/journal
// MUSIC
David Cutter Music - www.davidcuttermusic.com
Andrew Applepie - andrewapplepie.com/
// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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Пікірлер: 14

  • @soonpaomeng
    @soonpaomeng3 жыл бұрын

    Wow its a very big summary of many years of math, experience, algo, etc. What an open/honest quant

  • @soonpaomeng

    @soonpaomeng

    3 жыл бұрын

    @@willsonraymond5958 ernie talk about large scale trades, ie 2000 trades a day, 400 symbols (whatever the instruments). I suspect most readers do Not understand the deep AI/ML he deploying. Its not tiny 10 trades a day, 5 symbols, watching for events. Ofcourse thise tiny strategies is valid. I respect his honestly on failure, and open to new idea. If sone readers scale up to 8000 trades a day then you knew it

  • @brucesmith6868
    @brucesmith68683 жыл бұрын

    Thanks E great interview lot of good points in there .

  • @yourswimpal
    @yourswimpal3 жыл бұрын

    So , I am trading against a phd in theorithecal physics with 25 years of experience 😅, nah kidding, pie is big enough and much respect for Earnie to share his wisdom and experience

  • @Aesthetic_Euclides
    @Aesthetic_Euclides Жыл бұрын

    great interview! very insightful :)

  • @deephousedrones
    @deephousedrones3 жыл бұрын

    great content. love to see more like this

  • @DesireToTRADE

    @DesireToTRADE

    3 жыл бұрын

    I put together a playlist on algo trading. I think you'd like it: kzread.info/head/PLwmpbNUnTt6jZ8N-gzYwQWSNFELPGDodw

  • @TehBr0
    @TehBr03 жыл бұрын

    Excellent.

  • @claudiaalli5954
    @claudiaalli5954 Жыл бұрын

    great content

  • @ibn-nafis3434
    @ibn-nafis34343 жыл бұрын

    Great move Boss

  • @josephbujitu1263
    @josephbujitu12633 жыл бұрын

    Mr. Crete do you any advice on risk management

  • @DesireToTRADE

    @DesireToTRADE

    3 жыл бұрын

    Of course! Here's a playlist on that: kzread.info/head/PLwmpbNUnTt6j5KE-wt3ENlaDWSEZmp_0t

  • @lgbpinho
    @lgbpinho Жыл бұрын

    Chan lost me when the cat appeared.

  • @ibn-nafis3434
    @ibn-nafis34343 жыл бұрын

    Great move Boss

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