How Does Algotrading Work? (FULL FAQ)

Kevin Gong

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Aug 7 (edited) • ❓Q&A

How Does Algotrading Work? (FULL FAQ)

Tip: This is a living FAQ. Ask your questions in the comments to get it answered by me!

Q: Do people get access to your algos on your main product… but it is up to them to back test them?

A: Back testing is done for you on 30+ algos across 10+ years of data 15 Year Track Record Video

Q: Is it only trade station?

A: Yes it only works on Tradestation

Q: Do your algos automate exits?

A: Yes, the algos automatically enter and exit by themselves. The portfolio only has a 43% win rate but all algos have some sort of stop loss (For ex: $200 per trade) to prevent any single black swan event blowing your account.

Q: Are they mostly short time frame algos

A: Avg hold time is between 4 hours to 4 days. We mostly swing trade, as that is where the best edge is.

Q: Do you recommend a VPN service for your product?

A: Yes my clients get access to a custom ChartVPS image that comes with 75+ algos preinstalled on Tradestation

Q: How much time is required to monitor positions

A: Runs on autopilot with 1 hour a week of maintenance. Which breaks down to a 30 min reset on Sundays, and 5 mins a day M-F once you're trained up on the VPS and Tradestation (usually 4 weeks for beginners)

Q: Is there a way to pay for those and I test them?

A: You can actually test all 75+ algos on SIM risk free for 30 days. Just follow these steps in our classroom.

P.S. For Concierge clients no time or effort required after the 1 step email onboarding. It requires a Tradestation account with $100k+ minimum, best results on $250k to $1M accounts.

Q: How will the Concierge customer be able to access to view the VPS for seeing the charts in action?

A: I'll likely host a 24/7 private livestream of the concierge algos

Q: After you re-optimise a strategy already in the portfolio, do you then take that strategy back to Build Alpha for the same robustness testing that the strategy originally had to pass before it could go into the portfolio?

A: Yes, I run all the algos through BA even for updates when I can.

Q: Each month, are you able to release a 10-minute video to report on the portfolio performance for the month, and what is happening for the new month?

A: Sure, I can do a 10 min monthly video report.

Q: What is the expected go-live date for the Concierge portfolio?

A: 8/10 at the soonest

Q: What sets you apart from other algorithmic providers?

A: We don’t use martingale. Its kinda like comparing a natural body builder and a body builder on steroids. Its not an even playing field. Yes the person taking steroids' looks better on the outside, but they sacrifice their health and longevity. Martingale strategies look like they make 5% a month consistently but like clockwork every year they will blow up your account with a -90% loss in a single day.

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