Algorithmic trading bots are developed by first creating trading ideas (such as long or short positions based on volume spikes), then backtesting these strategies on historical data to verify their effectiveness, and finally automating successful strategies into trading bots that can execute trades automatically in the future.
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I want to get tactical with traders real quickAdded:
I want to get tactical with you real quick. I know you're a gambling addict and you stare at these charts all day and try to trade them, but we all know 99% of traders fail, but only about 1% of traders approach the market algorithmically, meaning with trading bots. And I'll show you exactly how to build trading bots, but to get tactical with this, all you have to do is come up with ideas like, okay, short the I mean long the volume spikes or whatever, and then you just back test and see if they work in the past. And if it works in the past, then you can go ahead and automate it into a trading bot that trades for you in the future. And I show it how to do all of this in my private Zoom every single day.
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