We would like to introduce Bisher, who having completed our In-house Intermediate Program back in 2015, is now an integral part of our Trade View team.
Below you will find out more about his journey.
My introduction to trading started back in high school where I would get $50 and go to the local convenience store to buy soft drinks and confectionary, only to sell them to my peers at lunch time for a premium. Without knowing it, I was involved in a form of trading called arbitrage.
Then I was introduced to the financial markets by a friend – as some sort of easy money. Being a motivated person, I made an effort to find out how to get involved in paper trading and started my trading career.
As smart as I thought I was – reality struck quickly when I blew out a few demo accounts and realised I was out of my depth. I needed to learn more about the markets and how they actually work, as I needed to find a method that is more effective than placing trades and hoping for the best.
When I graduated from high school in 2012 I only knew two things:
- I want to become financially free and make money and;
- I don’t know how to make money.
For the next three years, I attended plenty of seminars and watched my fair share of webinars and YouTube trading tutorials, at which point came the third lesson: I need to learn from traders – not educators.
While at university, I became a member of the student finance society. Here I had the opportunity to learn about Proprietary Trading and the institutions that develop you as their own trader. After some research online, I reached out to Trade View and began my development as an algorithmic trader, the single best decision made to date (Yes, I am biased and I say this because now I work here – which I will discuss further below).
Brief background about your trading
My first trade outside of a demo account where I was actually invested with my hard earned money was into Crown Resorts and the basis of my investment theory was that I spent every other weekend at their establishment.
As we all know that method isn’t sustainable, so my attention went from weak fundamental analysis to finding the holy grail of indicators, to downloading the most flawless strategy and each of those quick fix solutions had yielded no results.
After the hard lesson of “no effort, no results” went as expected, I really went through a steep learning curve and decided to learn about the history of financial markets. My research led me to believe that technology was the key driving factor and I needed that to be a part of my trading one way or another.
This move towards algorithmic trading happened quite quickly, and after being taken under the tutelage of Trade View my passion for trading was set in stone.
What you learnt at Trade View
Where do I begin with what I learnt at Trade View, outside of algorithmic trading and the skill set required to build trading systems, I’ve also learnt life lessons and career wisdoms.
If I had to pin down the most important lesson delivered from Trade View- it wasn’t only to build and test systems but to understand the mechanics and logic of my trading model. Why does it work? Why does it break down? What element of the market am I trying to exploit? These were questions I never thought of before diving into the world of algorithmic trading.
The second highly critical point of development but certainly not the last lesson was the importance of following a set structure towards developing trading models. The process of ‘idea, define, test, analyse and implement’ has allowed me to build models such as the ones below.
Please share some of your successes and failures while learning to trade:
There have been many highs and lows in my trading journey. One of the lowest points was watching my hard earned money (I was working part-time at a bar) be absorbed by the market due to my lack of skill and ignorance.
Outside of blowing out accounts, which in all honesty is the worst thing you can do in trading, my personal biggest failure in trading was an inability to recognise the need to get help from a mentor who actually trades.
Of the success I have experienced in trading the one that stands front and centre was being extended the invitation to join the Trading Desk at Trade View. The phone call with Rob which had set in motion my invitation was a great reward for all the hard work.
Success is also very subjective. In trading, be it a blessing or burden, there is only one measure of success and that is the one of profitability and thanks to Trade View I’m well on my way.
On a final point of success was the first ‘aha’ moment when my first trading system clicked into place – because the moment all the hard work payed off, was an instant moment of joy and an experience one must have.
What are your future Goals?
All my future goals are all straightforward and universal to all algorithmic traders- I aim to continue building more models and a better portfolio of trading systems.
My ultimate personal goal would be helping Trade View grow to new heights and help bring as many traders as possible along the journey.
If you would like us to help you achieve results like Bisher, call us now to book your seat at our next available In-House Systems Building Workshop.
We can show you how we trade various markets on the desk, in all kinds of market conditions, using multiple strategies.