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From YouTube: Introducing the Hummingbot Botcamp - Learn market making in a 4-week online course

Description

In this video, we'll share with you more about our market making scripts writing course - The Hummingbot Botcamp.
Sign up for Hummingbot BotCamp (https://hummingbot.org/botcamp) to learn how to build and run algorithmic trading bots!

00:00 - What is Market Making
00:33 - Why we build the Hummingbot Botcamp
02:14 - Introducing BotCamp
04:01 - Students sharing

A

Market making is a type of algorithmic trading strategy and before crypto it was really only available to hedge funds and other, like large Wall, Street institutions. But what's really cool about crypto is that we have something called direct Market access, which means that every single crypto exchange allows free and open apis uh that allows anyone to place orders directly in order book. So for the first time, Market making as an algo trading strategy, is finally available to everyone.

A

Hi I'm Michael, one of the co-founders of hummingbot Open, Source software, that helps you build high frequency trading Bots that can run on any crypto Exchange.

A

We started the open source and we want project in 2019 to democratize Market making, which previously was a type of trading strategy that only sophisticated hedge funds could access.

A

But today thousands of people run hummingbot every day to earn rewards on our minor platform to find Arbitrage opportunities between exchanges and to basically build whatever they want from a custom trading standpoint.

A

Earlier this year, we created non-profit Coming Out Foundation to allow hummingbot to be owned by its community, inspired by the Linux Foundation we're starting bot Camp, because uh over time we realized that the people who had the most success with hummingbot were the ones that use the framework to build and customize their own strategies, whereas the folks that came in and just ran the off the shelf strategies without really having an understanding of what Market making was or how to make money. Doing.

A

Quant trading were the ones that uh you know after a while, they lost money and they left our ecosystem. So what we've realized is that Quant trading isn't about finding the Golden Goose. It's about doing the work to understand how a market behaves, understanding underlying trading Theory and then implementing that theory using a framework and a tool that allows you to build whatever you want.

B

I'm the engineer Elite of Tamil foundation and also I teach machine learning and big data in the University of what SRS currently I'm instructor of the both camp, where you are going to learn how to define or design your strategy and also how to implement that. In the code.

A

Podcamp is an online four-week master class in quantitative trading. We believe in learning. By doing so, we will teach you how to implement your own custom strategy, or you can extend one of the ones in our library, like Market, making or Arbitrage using hummingbot. By the end of the course you'll make your own custom strategy and you'll get a certificate from hummingbot that establishes you as a certified Quantum Trader over.

B

The different weeks we are going to learn a different Market making strategy, starting with a Simple Pure Market, making going through cross-exchange Market making the second week and then how to call those tdd strategy like a b web in all these weeks, you're going to have optional tasks that will be related to these strategies, where you can extend the functionalities of the base templates that we are going to provide you and the final task will be to build your own custom strategy or also extend one of the ones that we provide.

B

We assign The Bootcamp in a way that you will have a custom experience, because you will have office hours with mentors weekly and also live sessions. Where you can ask anything to us, there will be pre-recorded content about how to code strategies on implementations of different types of scripts that you can use to build your script.

C

Buck Camp is for how to learn the inner working the hummingbot system in an easy and efficient way. Bob Camp is to learn Market making from the inside out it's useful for me as someone who wants it, develop and get inside the the inner workings and- and it's also useful for people who just want to learn. Okay, how does this? How does the basic electric bolts work here and can I write some some scripts that I believe I? Can my strategies can uh make money with.

D

Well, I, really like the live sessions and the one-on-one sessions, because I think that's the most experienced the most knowledge I learned to from those sessions because, when said was sharing his tips and tricks and when students ask questions, I understand that I have those questions also and when I have some questions with my own script: development. That was very helpful and he always share what he knows and he he just was very generous in his learning I. Don't know why you can just a good a good teacher.

E

I think what camp is for anyone who would like to see if they could work for an algo trading firm, so I'm, currently working as a crypto Quant analyst within a centralized Exchange I. Do pricing, letter, pricing and stuff like that for our own local exchange, but I'm also interested in directional trading using algorithms right, which is something we do not do so. This is why I joined podcast. Hopefully it gives me some more. uh It boosts my resume, so I could join Maybe uh crypto funds or something like that.

C

It potentially gives you a customizable way at various levels, of whether you're a developer or or a Trader or someone who wants to learn how to be a Trader or developer just gives you a customizable way to to interact with a hummingbot platform without saying, okay, give me this particular script. That's already been developed. The problem with you know. If any Trader will tell you, the problem with using canned scripts is uh the.

A

Market adapts and that's what talking about is uh because we connect to every single Exchange in crypto. It allows you to express whatever customized uh trading strategy from a market, making standpoint from a a trend following directional standpoint or really anything you can think of. You can build with clingbot and that's where we're trying to teach people to do with botcamp.

B

One of the highlights of the boot camp is that you can book office hours with mentors to dive deep in the code that you wrote to improve it and also to debuggage. If you have any issues to ask any question related to that course, and also to have advice about the performance of your strategy.

E

With the podcast Community I I asked a few uh stupid questions and they helped me out right so uh yeah so I would say. The podcast Community is pretty similar to the ham and bath community and both of them are really top-notch communities. We're.

A

Trying to build a community-owned code base an ecosystem for high frequency Trading, where people can contribute exchange connectors, others can contribute trading strategies and it becomes a single, powerful universal code base that we can all use and trade with.

D

I wanted to create something from, for others to be a developer, not to develop not only my own ideas but to to work with others to develop strategies for other users, probably even to add some more to come in both code base. I.

C

Have the hope that with what I know and what I can learn, I can get my piece of that pie so to speak and and then help others do that too I.

E

Also need to give a shout out to uh has helped me a lot really so maybe without him, I could have not complete the I could have not completed my uh strategy. Script I have never been hired for a coding. Job and I only started two years and I was able to come up with something that I'm proud of I. Think everyone could do it.