Ilan Azbel has been trading since his early twenties. His background in computer programming and mathematics naturally led him to trade with a completely algorithmic trading approach.
During this interview, Ilan discusses algorithmic trading and insights on an unfamiliar side of trading, especially in the retail space. Even though the interview is just over an hour, the most only managed to just scratch the surface. Still, it might be enough to get you excited, or at least a little bit curious about algorithmic trading.
What’s Covered in This Interview:
- The advantages and disadvantages to using an algorithmic trading approach, and this it is different from discretionary trading.
- Ilan and how he avoids the challenges of only generating money in certain market conditions when he trades using an algorithmic system.
- How traders can effectively use an algorithmic tradis=g system, and how traders can use historical data to backtest them.
- How Ilan avoids the issue of only making money in certain market conditions, when trading with an algorithmic system.
- An answer to how effectively an algorithmic trading system can be backtested using historical data.
- Ilan’s views on how the past 10 years has changed the trading industry as a direct result of technology.
- How basic programming and backtesting can help retail traders get better trading results without going to the extreme of automated buying and selling.
- Ilan shares his strong views on education, and provides a few pointers on how traders can take the right path to be best equipped with a solid knowledge base for a trading career.
Links and Resources:
- Freelancer / UpWork – These are two freelance bidding websites Ilan suggested traders can use to hire a programmer to develop and test the validity of your system.
- LinkedIn – Follow Ilan on LinkedIn
- Autochartist – Ilan is the founder of this company.
- Seer Trading Systems and IZRO Capital – Ilan is the director of these companies.
