AI to find unlimited strategies AI Masterclass 5 — Transcript

Full transcript

1. 0:00okay I know I said that was the last
2. 0:01video but I had to make this update
3. 0:03because we are in the age of AI now and
4. 0:07if you're wondering where do I go from
5. 0:08here I just told you where to go from
6. 0:10here but I want to give you one more
7. 0:12thing just because AI is here and I want
8. 0:15to show you how to never not have
9. 0:17something to do now the name of the game
10. 0:20and I'm going to show you my or teach
11. 0:21you my kind of system that I've you know
12. 0:24been refining over the years to just
13. 0:27keep playing this game forever so step
14. 0:30one this is the system one uh let's go
15. 0:33ahead and say build me build me a plan
16. 0:36to
17. 0:37never or to get to I don't know what
18. 0:42your goal is on Roi or percentage or if
19. 0:47it's a sharp ratio but whatever your
20. 0:48goal is I'll just
21. 0:52say 200% Roi per year it's different for
22. 0:57everybody a lot of people just want 15%
23. 1:00per year that's fine 30% per year that's
24. 1:02fine whatever your goal is do that and
25. 1:05just I want to show you my process to
26. 1:07get there so build me a plan to get 200%
27. 1:09Roi per year algo
28. 1:13trading here are the steps and these are
29. 1:17this my personal steps just so you can
30. 1:20understand the system I use to generate
31. 1:24strategies and how to just never stop
32. 1:27one
33. 1:28generate
34. 1:30trading
35. 1:33strategies then two I after I have a
36. 1:36strategy I back test those
37. 1:40strategies with back testing.
38. 1:43py and chat
39. 1:46gbt and then three if they are
40. 1:52profitable I build an
41. 1:55Alo and set live with small amounts I'm
42. 1:59talking like very small amounts
43. 2:01something that's not going to uh you
44. 2:02don't care if you lose because we all we
45. 2:05want to do
46. 2:07is we go step four is we want to make
47. 2:12sure make sure that not only is it
48. 2:16profitable on the forward test when I
49. 2:17set it live this is what I call a
50. 2:19forward test I'll set it live for like
51. 2:2110 bucks or something that just don't
52. 2:22care about losing or so whatever that is
53. 2:24to you but it has to be it doesn't have
54. 2:27to be a lot of people say Can I use
55. 2:29that's not sure but I don't do it so I
56. 2:32can't really recommend anything I like
57. 2:34to use real money even if it's a little
58. 2:35bit because then I care more and I will
59. 2:38pay attention more and I think that's
60. 2:39super important because you're analyzing
61. 2:42your data um but at the same time we
62. 2:44want to make sure that the forward test
63. 2:50matches the back test that's honestly
64. 2:54more important than it being like for
65. 2:57example I would rather it match the back
66. 2:59test
67. 3:00then it be like more profitable than the
68. 3:02back test because if it's like totally
69. 3:04different than the back test then it
70. 3:06makes me a little skeptical the back
71. 3:08test so I want to make sure it's like
72. 3:10pretty it's pretty identical if not
73. 3:13better
74. 3:16and so we want to make sure that the
75. 3:18forward test matches the back test if it
76. 3:21does and it's
77. 3:25profitable
78. 3:27scale the amount in the bot now I
79. 3:32personally like to still use small
80. 3:34amounts and I like to scale across um
81. 3:39time frames and tickers so I don't know
82. 3:43what size you're trying to trade but
83. 3:46even if I'm trying to trade Millions I
84. 3:48am splitting those into smaller orders
85. 3:51like thousand $1,000 trades but do a lot
86. 3:55of them so you know obviously I'm not
87. 3:57just going to give you the step-by-step
88. 3:59Strat stry but I would
89. 4:01prefer 10 Bots trading $11,000 each over
90. 4:05one bot trading $10,000 is what I'm
91. 4:07trying to say and that's because you can
92. 4:10have some going long some going short
93. 4:13some on ethereum some on bitcoin some on
94. 4:16some other coins and you know what I'm
95. 4:18saying so um it just diverses
96. 4:20diversifies the risk a bit um but of
97. 4:23course you can also have bigger trading
98. 4:26Bots as well that's kind of up to you I
99. 4:27just wanted to give you the tools so you
100. 4:29can build whatever you
101. 4:34want and then six
102. 4:39repeat the
103. 4:41process
104. 4:43until too many winning Algos and that's
105. 4:47my thing is like I try to just keep
106. 4:49going now some people are going to be
107. 4:52satisfied when they find an algo that
108. 4:54does 10 20 30% per year or beats the
109. 4:56market right and that's fine it's just
110. 4:58dependent on you me I'm a gamer I'm a
111. 5:01competitor like I'm not going to stop
112. 5:03I'll never stop because this is the game
113. 5:04I love right now this is the game I love
114. 5:07so much so every single day I'm putting
115. 5:08in my 4 hours and this is the process I
116. 5:11do I generate training strategies I back
117. 5:13test those strategies so usually most of
118. 5:16my time is spent on number two because I
119. 5:18have winning strategies already and alos
120. 5:20that work so I spend most of my time
121. 5:23finding new ones you find a bunch of
122. 5:25failures a bunch of strategies that
123. 5:27don't work but that's so good because it
124. 5:29it avoids going down a rabbit hole right
125. 5:32so I actually get excited when I have I
126. 5:35have a big old whiteboard behind me
127. 5:36right now it's just full of alos that I
128. 5:38want to build the only thing I struggle
129. 5:41with is time time to build all of those
130. 5:44algorithms now we have ai to build them
131. 5:46quicker which is awesome so I spend most
132. 5:48of my time building out new back tests
133. 5:52for strategies I have on my my build
134. 5:54list essentially so I have a big old
135. 5:56build list and I'm just running through
136. 5:58those strategies building out the back
137. 6:00test and I get excited when it's a
138. 6:02losing one because it's like okay get
139. 6:04off my list I'm not going to spend any
140. 6:05more time on you and then I get excited
141. 6:07when it's a winning one because it's
142. 6:08like boom I found a winner let's build
143. 6:10this into an algo and then I moved to
144. 6:12number three where like I set it live
145. 6:14for with like 10 20 50 bucks something I
146. 6:17I don't care if it's I'm going to lose
147. 6:19um just like a cost of doing business
148. 6:21and I set it live and I let it run for
149. 6:23like a month and make sure it's actually
150. 6:25good it it matches the back test I've
151. 6:28had back tests that are incredible and
152. 6:30then the strategy doesn't do doesn't
153. 6:32work at all so that's why I'm always
154. 6:34like you know back testing is important
155. 6:36and it's probably the most important
156. 6:37thing in Alo trading but it does not
157. 6:40mean for sure that it's going to be
158. 6:41profitable in the future so I run it
159. 6:43with a little bit you know a month or
160. 6:45two if it does well then I put a little
161. 6:47more money in it and I scale it up and I
162. 6:49just keep repeating the process but most
163. 6:51of my time is in these two periods here
164. 6:54generating trading strategies and then
165. 6:56back testing those strategies and going
166. 6:59on on over and over again so let's see I
167. 7:01don't even know what I requested it to
168. 7:02do achievement 200% blah blah blah it's
169. 7:05challenging yeah that's why we're here
170. 7:07because we're we love challenges develop
171. 7:09a robust trading strategy evaluate
172. 7:12strategies with back testing. py so it
173. 7:14just expanded on what I said here but um
174. 7:17you can see this is a good way to use
175. 7:20chat gbt but the reason I made this
176. 7:22video is to give you this right here my
177. 7:25full process so you're asking where
178. 7:28where do you go from here this is where
179. 7:30this is my system I'm currently today
180. 7:32working on like every single day no
181. 7:34matter what this is my system and I just
182. 7:37wanted to leave you with my actual
183. 7:39system right so this is the system I use
184. 7:42every day in order in in order to
185. 7:45generate Alpha now I want to leave you
186. 7:47with one last thing and that's number
187. 7:48one how do you generate more strategies
188. 7:51because I've had that question come up a
189. 7:52lot so I want to just this is I want to
190. 7:55show you how I generate
191. 7:57strategies number one I read a lot read
192. 8:01a lot and audible audible is like God to
193. 8:05me it's I always have it in my ear if
194. 8:08I'm not making a video I'm listening to
195. 8:11audible now audible is great because
196. 8:13it's a there just a bunch of books right
197. 8:15and books are usually the the person's
198. 8:19best
199. 8:20work right unless they're like a Spam a
200. 8:22book spammer or whatever this is usually
201. 8:25like their best thoughts so a lot of
202. 8:27trading books of course you know I
203. 8:29download everything on trading I can
204. 8:31find and I listen to them all and
205. 8:36sometimes I won't get anything out of
206. 8:37the book but there's one line in every
207. 8:39book no matter what that changes my life
208. 8:41so it's like 10 20 bucks I think I pay
209. 8:4320 bucks a month for
210. 8:45Audible and I'm able to download two
211. 8:49books per month that's awesome because
212. 8:52if it's a trading book there's it's
213. 8:53almost a guarantee I'm going to get some
214. 8:55sort of training strategy out of it if
215. 8:57not multiple if it's not a a trading
216. 8:59book I'm going to get something out of
217. 9:00it I'm going to get smarter that's for
218. 9:02sure um so read a lot
219. 9:06audible podcast I like podcasts for
220. 9:09current event type stuff like finding
221. 9:11new opportunities in crypto and whatnot
222. 9:14um podcast can be a little um how do I
223. 9:18say it while a book is very well defined
224. 9:21and refined with information that's only
225. 9:23the best of that person's World podcasts
226. 9:26can be a little fluffier so I look at it
227. 9:29more of like a news station but I don't
228. 9:32mind them I'll listen to a lot of
229. 9:33podcasts as well but not as much as like
230. 9:35some people do um I like books more than
231. 9:37podcast papers papers written by college
232. 9:41students or Master's students they're
233. 9:43literally spending their whole semester
234. 9:46trying to get a good grade now I'm not
235. 9:48going to go into like the school system
236. 9:51whatnot because it does do one thing
237. 9:54really well it makes you work hard and
238. 9:57become very diligent and get stuff done
239. 10:00and you you learn how to research and
240. 10:03researching is the key to learning
241. 10:06anything so Papers written by by college
242. 10:10students or Master's students can be
243. 10:13amazing YouTube
244. 10:16videos again sometimes there's some
245. 10:19fluff I mean a lot of times on YouTube
246. 10:21there's fluff there because it's not
247. 10:23their most well-defined stuff but I'll
248. 10:25watch YouTube videos like you see them
249. 10:27on YouTube like oh this strategy does
250. 10:2920,000% per year okay well it might be
251. 10:32BS but there might be something in that
252. 10:34video that's helpful so what I'll do a
253. 10:37lot of times is just watch it on 2x
254. 10:39speed another thing you can do is for
255. 10:42example you can go to YouTube and I can
256. 10:46type in whatever
257. 10:51uh type in
258. 10:54moev and I can go here and let's go
259. 10:58ahead and just open up one of my videos
260. 11:00and if like for example if it's a long
261. 11:02video I just copy it copy it and then I
262. 11:05go to down
263. 11:07sub.com which is downloading the
264. 11:10subtitles and the subtitles is
265. 11:12everything that's said in the video
266. 11:14right so you can just copy the
267. 11:17subtitles and then bring it over here
268. 11:19copy this and then throw it into chat
269. 11:23gbt
270. 11:24please
271. 11:26summarize this video script for
272. 11:31me and let's see if it does and it will
273. 11:35tell me exactly what happened in this
274. 11:36video so that's good for like the the
275. 11:40fluffy videos or even you know some of
276. 11:43my videos that's fine like this is the
277. 11:45moon Traders podcast um this is just a
278. 11:48good way to take a what was that video
279. 11:5010
280. 11:52minutes probably I don't know there's
281. 11:55freaking
282. 11:57adad if you clicked on this video you
283. 12:00are probably welcome to so seven minutes
284. 12:04I just turn turned it into like a
285. 12:06paragraph so this is good for like
286. 12:08strategy videos you find on YouTube so
287. 12:11chat gbt again to the rescue so how do
288. 12:14you find strategies books
289. 12:17audible podcasts YouTube videos and
290. 12:21papers now how else can you find
291. 12:23strategies well we're looking at them
292. 12:26what are 10 of the best trading or
293. 12:30intraday meaning inside the day
294. 12:34intay trading
295. 12:37strategies I can
296. 12:39build into my algo now this might seem
297. 12:44basic but watch this you get all of
298. 12:47these strategies and like Trend falling
299. 12:49strategy mean reversion strategy
300. 12:51breakout strategy scalping strategy news
301. 12:53trading strategy statistical Arbitrage
302. 12:56momentum strategy Gap trading strategy
303. 12:58vola utility breakout strategy pair
304. 13:00trading strategy my challenge to you is
305. 13:03go build all of these now go build back
306. 13:05tests for every single one of them and
307. 13:08if you do that you're going to be so
308. 13:10good at Algos trading it's going to be
309. 13:11crazy because you're going to have the
310. 13:14core strategies that chat GPT just came
311. 13:16up with and you can then figure out okay
312. 13:19which one's the most profitable for me
313. 13:22or which one is the most interesting to
314. 13:24me and then you can dive deeper into it
315. 13:26of course these are very basic but then
316. 13:29what I can do is say hey go deeper
317. 13:32here go deeper here and tell me 10 more
318. 13:39specific mean reversion strategies so
319. 13:42for each one of these you know the
320. 13:44average person is going to be like oh a
321. 13:45breakout strategy okay I'll build that
322. 13:47but what if I ask it to go
323. 13:52deeper so you can see okay what about
324. 13:55dual moving average crossover or what
325. 13:58about RSI mean mean reversion strategy
326. 14:00or what about a Bullinger band mean
327. 14:02reversion strategy or what about a
328. 14:03stochastic mean reversion strategy okay
329. 14:06cool well I actually want you to go
330. 14:08deeper on the stochastic and you can
331. 14:09just go forever you can keep learning
332. 14:11and learning and learning and there's so
333. 14:13much the only limit you have is your
334. 14:15time and that's that's where I'm at
335. 14:17still to this day so this is like an
336. 14:19update on the boot camp this is the
337. 14:21final video here and I couldn't be more
338. 14:24excited and you heard
339. 14:27me like you've been list listen to me
340. 14:29over the last I don't know how long but
341. 14:32um that was my first few years of outad
342. 14:35trading that you just consumed and I'm
343. 14:37still this Juiced about it if not I'm
344. 14:40more excited because now because the
345. 14:42last few years my problem has been I I
346. 14:45don't have enough time to write all my
347. 14:47elos I need more I need more brain space
348. 14:49I need more time to build all these back
349. 14:52tests and I just don't have it but now
350. 14:54the AI is here I do have the time
351. 14:57because now my 4 hours is like 20 hours
352. 15:00because it writes all the code for me
353. 15:02and I just have to make sure it works so
354. 15:04I obviously need to know how to code and
355. 15:06you know how to code now so you can do
356. 15:09that and now another place you would get
357. 15:11stuck is like ah I don't know a strategy
358. 15:12to run right now well my list of
359. 15:14strategies is too long for me so it's
360. 15:17just a matter of I need more time and AI
361. 15:20gives me that time and it also gives me
362. 15:22unlimited ideas so stochastic mean
363. 15:24reversion I could say hey give me 10
364. 15:26different sto stochastic mean reversions
365. 15:29and then you can go ahead and do this
366. 15:31for oh give me pair training strategies
367. 15:33and then you could say hey write the
368. 15:37python code using ccxt for the
369. 15:43stochastic mean reversion and then it'll
370. 15:45write the code for you so this is like
371. 15:46crazy this is the time the your timing
372. 15:49is so perfect I'm so excited for you
373. 15:52because literally now it does all the
374. 15:55hard stuff for you and you're 4 hours a
375. 15:57day working on this is you're going to
376. 15:59get the productivity of like 20 hours a
377. 16:02day or something like that okay so I'm
378. 16:04almost done here I I'm just so geeked
379. 16:07over this stuff and what I want you to
380. 16:09do now
381. 16:11is try to build a couple of these out in
382. 16:13the back test but I just want to show
383. 16:14you one last thing of how to continue to
384. 16:17find strategies because some people just
385. 16:19don't know how to find strategies and
386. 16:21that's fine well I want to make sure
387. 16:22this video just wraps everything up with
388. 16:25a bow and then we can just you can just
389. 16:27go on and absolutely crush it and um
390. 16:30this is the last thing so you know how
391. 16:33you can go deeper and deeper here I can
392. 16:35get more mean reversion strategies and I
393. 16:36can get more back uh pair trading
394. 16:39strategies or Gap trading strategies by
395. 16:42saying hey go deeper and give me 10 more
396. 16:44ideas here um you know you can go to
397. 16:46YouTube and watch all those videos and
398. 16:50then download the subtitles and you
399. 16:52could even say hey based off of these
400. 16:53subtitles in this video give me 10
401. 16:55trading strategies or give me 20 trading
402. 16:57strategies or so on and so on right it's
403. 17:00never ending it's like the best video
404. 17:02game in the world that never ends and
405. 17:04you're you're just at the start you know
406. 17:06you just learned everything you need but
407. 17:07now you can go fishing and you can go
408. 17:09fish every day you learned how to fish
409. 17:11now go feed your whole Lifeline your
410. 17:14whole bloodline for the rest of your
411. 17:16life which is awesome but I want to show
412. 17:18you how to go one step deeper on these
413. 17:20strategies now chat gbt has been trained
414. 17:22on everything so it's probably already
415. 17:24seen a lot of these things but if I
416. 17:26wanted to say hey Binger FS let's go
417. 17:29ahead over here and I like to use this
418. 17:32Source Google Scholar because like I
419. 17:35said earlier it
420. 17:38is they college students
421. 17:41that write papers and they put them on
422. 17:45Google Scholar or they get put on Goog
423. 17:47Google Scholar I don't know how but you
424. 17:49can just open these up and again papers
425. 17:52and books are people's best work right
426. 17:55books probably the best work but papers
427. 17:57like some Masters
428. 17:59I didn't get Master's but you know I
429. 18:01know that you have to do research for
430. 18:03like years and then you write a a
431. 18:05master's paper and it's right here so
432. 18:09now you if you aren't clear on any of
433. 18:12these or you want to get a edge on
434. 18:15everybody else you can read all of these
435. 18:18papers and you can see the research by
436. 18:21very smart people on each strategy so
437. 18:24you go here you say hey what are some
438. 18:27strategies then you say hey go deeper on
439. 18:29this type of strategy and then you find
440. 18:31one that you like and you bring it over
441. 18:32to Google Scholar and you read all these
442. 18:34papers on these strategies you could
443. 18:37even copy this in here and put it in
444. 18:39chat gbt if you want to be a little lazy
445. 18:41and not read the whole thing some of
446. 18:43them don't allow you to get it for free
447. 18:45but that's fine we'll just kind of over
448. 18:48we we'll get like a few papers for each
449. 18:51of the strategies read through them you
450. 18:53have unlimited things that you can do to
451. 18:55advance your algo trading from here and
452. 18:57I hope I've taught you enough that you
453. 19:00are just just like fired up as fired up
454. 19:02as I am I'm a few years in I'm not even
455. 19:04this isn't even my first day anymore
456. 19:06first week or a couple weeks I don't
457. 19:08know where you're at in the process but
458. 19:10like I'm years in and I've never been
459. 19:12more excited so I'm excited for you at
460. 19:15this point and um another place is
461. 19:18medium so medium I would say is better
462. 19:22than blog posts it's probably not as
463. 19:24good as paper papers but you can get
464. 19:26more upto dat stuff go to medium and
465. 19:29just type in or I could just say Binger
466. 19:32band Binger bands medium and you can see
467. 19:36there's going to be really good writing
468. 19:38and literature here like 14 minute reads
469. 19:42that will walk you exactly through even
470. 19:44how to implement in Python so I really
471. 19:47love medium and Google Scholar to go
472. 19:49deeper after I come up with some ideas
473. 19:52with Chad gbt the ultimate brainstorming
474. 19:54partner really crazy and I just love
475. 19:57this game so so much and I'm so proud of
476. 19:59you for making it through the entire
477. 20:02boot camp and I'm so excited to see what
478. 20:04you build in the future please please
479. 20:06please do you know let us know inside of
480. 20:10Discord um that's where you know we're
481. 20:13all like trying to grow together and
482. 20:15that's the whole thesis about even
483. 20:16having a Discord is you know I give you
484. 20:19the structure here in this boot camp you
485. 20:21have access to Ai and you can go
486. 20:24somewhere that I haven't gone before and
487. 20:26that's the whole reason we're doing this
488. 20:28together as a community because all of
489. 20:30us grew up in different places have
490. 20:33different experiences and so on and so
491. 20:35on so why not you know get some
492. 20:38structure with this boot camp learn
493. 20:40everything that I know then be able to
494. 20:43take it out to your own um experiences
495. 20:46and learnings and strategies and that's
496. 20:48why I'm a big believer and you know I I
497. 20:51never wanted this to be like a get-rich
498. 20:53quick type thing where it's like oh yeah
499. 20:55join this boot camp get my alos and
500. 20:57start printing money that's stupid to me
501. 20:59I would so much rather teach you how to
502. 21:03code your own alos how to back test your
503. 21:06own alos and yeah sure I'll give you
504. 21:08these I don't know how many alos I gave
505. 21:11in this boot camp seven or more um I'll
506. 21:13give you these algorithms but not to
507. 21:15just go run don't go run them but
508. 21:18dissect them and understand them and see
509. 21:20how my brain works because my brain plus
510. 21:22your brain is like three brains my brain
511. 21:26alone sure whatever it's okay I can
512. 21:28teach you this whole process and I'm a
513. 21:31profitable algo Trader but our brains
514. 21:33together it it's just like you can't
515. 21:35stop us so I'm just excited for you and
516. 21:38I really appreciate your time throughout
517. 21:40this training and I look forward to
518. 21:43seeing what you build throughout the
519. 21:45rest of your life and please do stay in
520. 21:47touch inside of the Discord I try to be
521. 21:49active as possible um and I'm going to
522. 21:53continue doing my 4 hours per day I'm
523. 21:55not stopping and now you pretty much
524. 21:57know everything I know about alos
525. 21:59trading and I'm excited to see you at
526. 22:02the Top If you have any questions along
527. 22:03the way I will be here forever because
528. 22:06I'm never stopping and I don't think
529. 22:08you're going to stop either so cheers to
530. 22:10your success much love and I'll see you
531. 22:13in Discord