Ins & Outs of Crypto Trading Bots (And Real-Time Trading) w/ Daniel Anderson (Ep. 0048)
Publisher |
Clay Collins
Media Type |
audio
Categories Via RSS |
Business
Investing
Publication Date |
Jun 22, 2019
Episode Duration |
01:15:30

Today's episode is an exploration of crypto trading bots and algorithmic trading with Daniel Anderson. Daniel is a software engineer and a freelancer who builds tools for cryptocurrency traders. Before he got into the crypto space, Daniel was a software developer for IBM.This conversation is broken up into 4 chapters: - Chapter 1: What trading bots are, how they work, and why they’re useful- Chapter 2: Approaches for setting up, testing, and executing algo trading strategies- Chapter 3: Popular algo trading strategies- Chapter 4: The future of algorithmic trading In this episode we discuss:

  • How John Mcafee inspired Daniel to start building crypto trading bots
  • What trading bots are and what they do
  • How algorithmic trading works
  • Factors that new algo traders must take into consideration when backtesting
  • How to account for slippage
  • Portfolio allocation strategies
  • How trading bot platforms allocate funds
  • How fees are accounted for in algo trading 
  • Why you won't find trading bots on decentralized exchanges (yet)
  • Popular algo trading strategies
  • Why doing arbitrage with crypto is harder than it looks
  • Algo trading strategies for accumulating BTC versus USD
  • What the future of trading bots looks like

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