Algorithmic Trading on YouTube is Fake | How Financial Firms Actually Make Money

Today we discuss the common misconceptions of retail traders regarding the algorithmic trading or more commonly termed ‘algo trading’. Here we dive into why finding alpha in today’s financial markets is non-trivial, and conflicts of interest present in financial markets. Later in the video we discuss 3 trading strategies that are used as the foundation of most financial companies that participate in the financial markets. These strategies consistently make companies money and are the bedrock of companies providing financial services, or products in general. Let’s aim to be pessimistic when people online promise that someone/anyone with a novice level of python experience can create an algo trading strategy that consistently makes money. I will endeavour to never give in to this fallacy and aim to point it out to my viewers on this channel. ★ ★ QuantPy Patreon Community ★ ★ Get access to Jupyter Notebooks and join a small niche community of like-minded quants