{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"193: 5 ALGORITHMIC TRADING Lessons (learned the hard way)! - Alejandro Perez","description":" 5 ALGORITHMIC TRADING Lessons (learned the hard way)! In episode 193 of the Desire To Trade Podcast, I am sitting down with Alejandro, a hybrid swing and day trader that became a collaborator at Desire To Trade Academy. Today we discuss 5 trading lessons related to algorithmic trading that we learned the hard way. Watch: Video Interview Topics Covered In This Episode   Who is Alejandro P\u00e9rez and has been his trading path 00:54   Alejandro's development as an algo trader 03:38   How to handle drawdowns when implementing an algo strategy 07:51   Have alerts at the extremes of &quot;normal&quot; risk limits 10:18   When to know your strategy stops working 12:52   Thinking of algos strategies stats like &quot;investment&quot; profiles 16:18   Turning your algos during economic events\/ news 17:44   The importance of always keep running your algos in demo even when they are already live 20:20   How often you go back and test potential improvements to your algos 22:17   What platform Alex uses to program his algos 25:22   How to know that you are ready to advance to the next step with your algo strategy development 28:02   The importance of keep working in your development process 34:55   Having different strategies to work on different market conditions 36:12   and much more   Resources Mentioned  Join the Academy Trading Assistant Montreal Traders Meetup ForestParkFx Forex trading strategy I use&amp;nbsp; FXPro Quant (free EA builder tool)  DesireToTRADE Top Resources Desire To TRADE Forex Trader Community&amp;nbsp;(free group!) Complete Price Action Strategy Checklist&amp;nbsp;(free checklist!) One-Page Trading Plan&amp;nbsp;(free template!) DesireToTRADE Academy&amp;nbsp;(exclusive training program) How To Find Alejandro Perez?  DesireToTRADE Academy Twitter @alexter6277  What is one thing you are going to implement&amp;nbsp;after listening to this podcast episode? Leave a comment below, or join me in the&amp;nbsp;Facebook group! &amp;nbsp; ","author_name":"Desire To Trade Podcast | Interviews with Highly Successful Traders","author_url":"https:\/\/www.desiretotrade.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/9659855\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/41667032"}