9 trading strategies everyone should know (with Python code):

In 2012, my first options trade lost $9,000.

12 months later I was making $1,100 per week trading in my free time.

What changed?

I read 20 books on options and finished a master’s degree.

But what took my game to the next level was Python.

Here’s the code I still use today:

A quick primer on options in case you're not familiar:

• Over $450 billion in notional trades DAILY
• 39 million options contracts trade DAILY
• 25% of total options trading is from retail

So how do we make money?

Trade options with a simple, 3-part framework:

1. Design your risk
2. Value the position
3. Measure and monitor

Now pair this framework with Python and you get a potent combination for making money trading options.

Let's dig in:

To design our risk profile, we need the option payoff.

Let's start by defining the variables we need:

• Stock price
• Strike price
• Time to expiration
• Interest rate
• Volatility

We also define market prices for demonstrating trades.

Remember our payoff functions for calls and puts?

• call = max(S - K, 0)
• put = max(K - S, 0)

We can define them in Python in one line of code each.

And here's where it gets really interesting.

My master's degree completely failed to teach me how to test trading strategies.

So I spent 40 hours looking for Python backtesting libraries.

Then I started using the best ones.

But unlike my quant finance degree, these won't cost you $90,000.

Here they are for free.

AutoTrader

AutoTrader is Python-based platform intended to help in the development, optimisation and deployment of automated trading

Zipline

From Quantopian (acquired by Robinhood) the first to democratize quant trading, comes Zipline. It's a robust, fully-featured backtesting library which features slippage models, robust data handing and rich

backtrader

backtrader features live data and trading, filters and multiple data feeds at

backtesting .py

backtesting .py features a simple well-documented API, fast execution and a library of built-in base

Algorithmic trading is the domain of secretive hedge funds.

Python has unlocked these secrets for everyone (even Goldman Sachs has an open source tool).

Use the same tools the professionals use.

Here's 5 tools to start automating your trading:

A Guide to Obtaining Time Series Datasets in Python

What you'll learn: Acquire, clean and analyze stock and economic data for free using

Analyzing Stock Events with Pandas

What you'll learn: How to analyze company events impact stock returns as a trading

Goldman Sachs' Open Source Quant Library: GS Quant

What you'll learn: How to accelerate development of quantitative trading strategies and risk management

Automated AI Based Trading System With Python

What you'll learn: How to create a fully automated AI based trading system for

Over the past 10 years, I've watched over 250 YouTube videos on quantitative finance.

And the truth is, 99% of them were a complete waste of time.

But these 8 are worth more than a 4-year degree:

Algorithmic Trading Using Python (4.5 hours)

Learn how to perform algorithmic trading using Python in this complete course. Algorithmic trading means using computers to make investment

Quantitative Stock Price Analysis with Python (25 minutes)

We look at some quantitative analytical methods of stock price changes using Python and

How to Create & Test Trading Algorithm in Python (20 minutes)

Learn how to download and manipulate data then develop a momentum strategy trading algorithm with

Python for Quant Finance (50 minutes)

The talk discusses and illustrates why Python might be the right choice for implementing ambitious quant finance applications and

I've been using pandas since 2011.

It's the most important tool for analysts working in Python today.

If you're using Python, you need pandas.

Here's the 7 tutorials I wish I had when I started:

10 minutes to pandas

This is a short introduction to pandas, geared mainly for new

pandas tutorial on W3 Schools

A 14 section getting started guide for pandas. From an introduction to the library to more advanced features like correlation and

A Complete Introduction for Beginners

Learn some of the most important pandas features for exploring, cleaning, transforming, visualizing, and learning from

Hands-On Pandas

Solve short hands-on challenges to perfect your data manipulation

Catch me if you can @Mitesh_Engr

Time for a🧵
Mitesh Sir's EXPIRY Option Selling 101:
• What to look for?
• Strike Selection & Ratios
• SL mgmt
• Avoiding freezes
• Monthy Expiry
• Event days
• How he would have traded last expiry?

In collaboration with @AdityaTodmal

Edward de Bono says intelligence is like a🚗 Automobile

“A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.”

What @Mitesh_Engr Sir looks at for Expiry Trading:

• Technicals of BNF
• Individual Heavyweight stocks of BNF
• Support/Resistance of BNF on weekly TF
• Also has Superb SL management
• When it comes to adjustments, he is always on toes

How to Select Strikes to Sell?

• You can't sell based on premium
• Follow only trend
• Price action is best to sell on expiry day
• Never wait for the options to go to zero

Using Ratios to Sell:

• If BNF is in a range then strangles
• If breakout/ breakdown from a range then directional
• Selling 70/30 or 80/20 ratios
• 2 examples on how he used ratios

LACHIT BORPHUKAN : AN UNSUNG WARRIOR OF THE AHOM KINGDOM & THE GREAT BATTLE OF SARAIGHAT

Originally named as Lachit Deca, Lachit Borphukan, the fierce and invincible Ahom Commander, was born during the early 17th century at Betioni in the Golaghat district of modern Assam.

His father, Momai Tamuli Borbarua was the ‘Governor’ of the kingdom and also ‘Commander-in-Chief’ of Ahom army under King Pratap Singha during his reign starting from 1603 to 1639. Lachit received military training from an early age and joined the Ahom King Jayadhvaj Singha...

...(1648-1663) as a scarf-bearer.  The post ‘scarf-bearer’ or ‘Soladhara Barua’ is considered as a part of the incumbent king’s personal staff. Owing to his military training Lechit was appointed "Ghora Barua", Supdt. of the Royal horses. When Chakradhwaj Singha became king..

..of Ahom dynasty in 1663,he appointed him Suptd. of The Royal Guards &finally he was appointed as Borphukan by the king.Then onwards,he was known as Lachit Borphukan.Borphukan used to be top councillor in Ahom Kingdom. This position was embedded with executive & judicial powers.

Assam was facing incessant Islamic invasion since Jan1662, when Mughal General Mir Jumla II attacked Ahom capital Gargaon. He never defeated Ahom king Jayadhwaja Singha as king retreated to hill &continued Guerrilla warfare.Prolonged fight &prospect of stalemate disturbed Jumla.

How to Get Rich (without getting lucky):

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.

Personal Prayer Walk Chronicles, 11th March, 2023...

I REALLY HAVE A ?? this mornin

Anyways, Woke up this mornin with so much energy(glory to God), at a time, I was considering walking from ABEOKUTA- Ibadan just to show that my frenemy, Pst. @Abel2goupOla that I was fitter.. 😂

Anyways, I set out early praying in tongues, which is my usual practice, but, midway, I decided to listen to one of the audio messages on my phone. The lot fell on Pst. E.A. Adeboye's message, titled, "THE CREATIVE POWER OF GOD'S WORD"

His Word can CREATE, CALL FORTH, CANCEL,

OBTAIN etc. It can serve in every capacity and can do all things, even d imagined stuffs can b brought to manifestation.
📌
Making time to study His Word is really underrated. Many today just glance thru & rush off. This will not help. We must make time in d midst of no time.
📌

Now, indulge me to ask you these simple questions.
📍
When was the last time you came to the altar of Prayer, just to guage your relationship with God?

Have you noticed or observed that, We monitor almost everything in our lives?

From the petrol in our car to that in our generators.

We monitor the money in our banks as well as that in our pocket....

#We monitor our performances at work and those of our subordinates...

#We monitor our health,

@SaveToBookmarks Namaste! There you go! Original tweet by @buzz_chronicles: "@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: ...". Enjoy 👌

Hi! There you go! Original tweet by @SaveToBookmarks: "@buzz_chronicles @AchuthArora @OllieEmberson @rattibha No more missed tweet 😉!

...". See You soon! 👉