AI is a helpful tool for traders, but it should not replace human traders.
Learning the fundamentals of trading and developing personal strategies are crucial for success.
Ding combines trend following and breakout systems, using indicators and stacked trades for optimized entries and exits.
Deep dives
Ding's Experience and Transition to Day Trading
Ding is an experienced quant trader who has worked in various trading roles and has transitioned from his corporate life to day trading full time. He now focuses on teaching his kids how to trade and help them with their businesses.
Quant Trading Strategies
Ding combines a trend following system with a breakout system in his trading strategy. He uses indicators and levels to identify trends, and his systems trade on different time intervals to capture various market moves. He also employs stacking trades to optimize his entries and exits.
The Benefits and Limitations of AI in Trading
Ding discusses the benefits of using AI in trading, such as the ability to process vast amounts of information quickly. However, he emphasizes that AI is a tool to assist traders, not a replacement for human traders. AI can help traders learn faster and access information more efficiently, but traders still need to develop their own strategies and have a strong understanding of the markets.
Starting Early and Learning the Fundamentals
Ding encourages new traders to start learning about trading and the markets early. He emphasizes the importance of mastering the fundamentals, including technical and fundamental analysis. Being a professional, continuously learning, and understanding how to enter and execute trades are also crucial for success in trading.
Dean's Social Media Presence
Dean doesn't have an active social media presence, but his kids have an Instagram account called 'Not Now, I'm Trading' which provides trading education for girls. Dean can be reached through trade.from.anywhere on Instagram and also has an online platform called 'My Private Trader' where he shares quant trading strategies.
Dean is a seasoned quant and day trader, and an ex-CEO, who's journeyed through every corner of the trading world.
We dive into the world of quant trading, the potential of automated trading, uncovering top quant strategies, how to day trade while travelling across the world, and more.
Other Resources:
Centerpoint Securities ($30K min) - https://bit.ly/3LKdlID
-Get $0 Commissions for 60 days
-Get 1 free month of Das Trader Pro ($150 in free value)
Day Trading with me: https://bit.ly/yt072023
Sign up for the free trading journal: https://www.humbledtrader.com/free
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