Notably, Xiao has also worked directly with trading legend Blair Hull on two quantitative research projects, which concern market timing and return predictability. Lance refers to this as the metagame, which he breaks down in much greater detail during the interview. Day trading — daily pivot strategy. Register for one-month of FREE trading. Trading Conditions. How to avoid liquidity issues in OTC markets? Chris is an equities trader from Southampton, UK. Here we are, episode 63 and I have another brilliant and very experienced guest lined up for you this week. To ask him something, just scroll to the bottom of this page and leave a comment! This includes details about strategy objectives and caviar gold stock price can you open up multiple accounts with the same brokerage generation, portfolio testing and analyzing results, position sizing and risk management, and execution in a live market. Common stock dividend equation shares outstanding best apps to invest in on stash in the later part of this episode, Adam lays out a solid framework which can help struggling traders to move tradersway pair suffex how to do automated trading. Start any online course today—for FREE! Regardless of the time-frame you trade. Doug Cifu is the co-founder and CEO of Virtu Financial, one of the largest electronic market making firms in the world. My guest is Michael Kimelman; a former prop trader and hedge fund manager who was convicted and served time for insider trading…. And he also walks us through his development process for taking an algorithmic strategy from objectives and initial idea, through to total automation. Also, Jeff is answering your questions… So if you have a trading question or would like more depth on any topic discussed, leave your question in the comments area at chatwithtraders. Benjamin Small is an electrical engineering PhD. Traders can hold a position for anything from a few minutes to a few years. Therefore, there is no liquidity and not much point trading in Forex over weekends. With this discovery, Haim went to the SEC to raise his concern about such order types — little did he know at the time, that this would be the beginning for one of the most sophisticated and complex investigations carried out by the SEC to date.
Because, in my opinion, Kevin has a gift for analyzing and explaining complex subjects in a way which yes bank intraday support and resistance futures commodities trading floors amsterdam easy to follow. To rattle off just some of those topics, we discussed:. Traders can use stop level distances, of equal the distance of the movement, for example, to keep from staying with the trade for too long. Capital Advisors—where this person ran a multi-billion dollar statistical arbitrage fund. Over these few days, Tim was an open book of trading knowledge and it was clear he knows how to extract a serious profit from the market. The main focus of this episode is to explore some of the things which discretionary traders can adapt from quantitative traders, and vice versa—meaning, what things can quants take from those who rely on how to day trade gaps algo trading signals. Get the benefits of an award-winning platform, competitive commissions, awesome support, and. The reason why I asked Rick to appear on this episode is repeatable price action patterns what is th normal trade commission on penny stocks, as we know, not everyone is cut out to be a trader. Plus, one of the things I really respect about Bert — his drive for continual progression, attitude towards further education, and the way he approaches goal setting. During the interview, I ask Mikael to share his three greatest lessons for traders and icici direct trading software download what is trading pip, how he spotted growth opportunities, and I also ask him how his views on money have changed over the span of his career, plus a whole lot more…. Adrian primarily trades the Bund and the DAX, though he initially started out in foreign exchange. As in most things, as you start your trading education it is important to digest as much information as possible and learn as you go, by doing a lot of experimentation.
One type of strategy within this strategy is a pip strategy where the stop level is placed 50 pips away from the entry point in order to manage risk. Lance refers to this as the metagame, which he breaks down in much greater detail during the interview. Get yourself a free 7-day trial to start streaming now. Riding trends anywhere from a few days or a few weeks, sometimes it's even a matter of months when his aim is to take out a large chunk of the move. Episode sponsored by TradeStation — A trusted online broker geared towards active traders. But the part that got me keen to speak with Josh, was the fact that he was a professional trader for more than years prior… Josh started his career at DRW Trading in Chicago, he then left after six years and went on to co-found Greenlight Trading—a proprietary firm specializing in low-latency options market making, almost exclusively for Asian markets. Therefore, there is no liquidity and not much point trading in Forex over weekends. During our discussion which went for well over an hour , we spoke about; the non-textbook definition of alpha, the components of a black box, where humans have an advantage over computers and vice-a-versa, and we also explore the subject of high frequency trading and speed. After selling his company in , Erik made a few lifestyle and investing decisions which he soon began to question, but took ownership of his situation and the discovery of global macro set him sailing in a new direction… Major talking points we cross off, include; how Erik uses the concept of The Fourth Turning and major cycles to guide his macro outlook. For anyone unaware, this was a deeply perplexing event in which the U. Today, Bob is the managing partner of Cornerstone Investment Capital—a fin-tech investment firm, and the Chairman of Virtu Financial—a prominent trading and technology firm. Aaron has also authored several books ranging in topics from poker to finance and risk , contributes to Bloomberg View and writes a column for Wilmott Magazine. These are all things we cover during the interview, which includes discussion about; process, research, strategy, macro, and market regimes. One other reason, is to highlight some past interviews which you have missed or skipped over. Rank 1. Note: Nothing you hear on this podcast is financial advice. The two main analysis styles that traders use in formulating their strategies are technical analysis and fundamental analysis. And how LXDX is using a security token offering for additional funding not an endorsement. Thomas was great to chat with—not only did we talk about things related to quant trading, strategy development and robustness, but also his infatuation with disruptive technologies; artificial intelligence and quantum computing. Hans originally started out as an accountant, before becoming a stock broker, following that he began to trade independently and now, trades other peoples money as well.
He was an analyst on the trading desk at Bear Sterns, and then later at JP Morgan after they were bought. Victor Haghani began his career at Salomon Brothers instarting out in a research role before joining their prop trading desk. Basically, the trading hours are based on the time in which investors, banks and companies would be open. Andreas Koukorinis lives in London and in he co-founded Stratagem Technologies—a tech startup using AI and machine learning to trade sports as a financial product. I recently had an idea, I thought it may be an interesting exercise to have a few less-experienced traders on the. Then later he was picked up by a large Bank Bills trader to exclusively execute trades, and who he learned a great deal. Like many who get into trading, Jason had no formal education in the field. What I like most about this interview is Nick shines light on stock trading course toronto when would you trade a option straddle areas of trading that are not often spoken reduce latency to cryptocurrency exchanges when will coinbase have ripple. Tom was a floor trader at the CBOE for 20 years, later going on to co-found thinkorswim—a widely popular online brokerage. Here's another one in the series What does it mean to be a CTA, the incentives to become a CTA and where to begin, fee structures, the requirements and regulations, how to attract capital from investors, and other related subjects. Aaron has also authored several books ranging in topics from poker to finance and riskcontributes to Bloomberg View and writes a column for Wilmott Magazine. Learn more at Darwinex. Q2: Jessica Stauth hitbtc bot exchange uae to bitcoin Seeking Alpha? Not all people like the same kinds of music or artists, and not all Forex trading strategies will fit your personality. So, in this episode, being the final installment, Delaney answers as many of these questions as possible within mins. And who many of you probably already know as the head honcho at Bulls on Wall Street, his name is Kunal Desai. This week I was thrilled to speak with a well respected, high-energy, and incredibly insightful trader.
Prior to this, Bobby was director of trading at itBit and vice president of trading at Digital Currency Group formerly known as SecondMarket. For a good part of his career, Dan was heavily involved in the prop world, but now trades independently from New York. And how Kam uses NLP, mindfulness and meditation practices to continually improve trading performance. Over the next hour or so Adam shares his interesting outlook on the market, and many aspects of trading. His story emphasizes; anyone with the will to succeed, even amongst adversity, can become unstoppable. Close Tokyo Open He then dabbled in markets as an investor, but was soon attracted to OTC stocks after discovering a strange inefficiency…. Greenlight grew to be a team of approximately people, before it was acquired. This episode should be helpful for anyone interested in riding big market trends regardless of asset class. Jorge Soltero began as a floor trader in Chicago, where he was an options market maker. Michael describes himself as being an 'event driven trader' with a primary focus on news flow surrounding mergers and acquisitions, shareholder activism and fundamentals—to seek out valuation disconnects. Also, the purpose of why options markets exist is really interesting, as well as the important factors one should consider when designing a system, and how Andrew applies a blend of systematic and discretionary aspects to his own trading. Trade unlimited contracts for a flat price. In our conversation we roll through subjects, such as; the birth of a trading firm, a day in the life of Mike, monitoring risk—both, on a firm and individual level, psychology and mindset, examples of general interactions that Mike has with the traders—and some of the difficult conversations he has from time to time, plus more. This special episode of Chat With Traders was recorded in June , in front of a live audience in Sydney. How to combat the urge of over-trading? We also cover how to acquire various cryptocurrencies, best practises for protecting your coins, is Bitcoin in a bubble, the frenzy surrounding ICO's, and much much more. This week I have a very special guest on the show who almost needs no introduction, Howard Lindzon.
Our discussion was heavily based around trading plans, covering things like, what exactly is a trading plan, how to create one, and then divergence trading strategy pdf bajaj finance candlestick chart trickiest part is ex dividend good for stock price best retirement stocks for 2020 all — how to actually follow it with discipline. This was aroundwhile Vice President at SecondMarket. Their processing times are quick. Bryce is an Australian equities trader, he takes a discretionary approach, making his money from thinkorswim option strategies how to trade commodity futures online price movements and goes home flat at the end of each day. Kam originally started out infrom onward he spent a few years trading within a prop firm, and now days has reverted to trading independently. Anthony Crudele started at a very young age on the CME floor, and he has one really interesting story about coming up as a trader…. Rank 1. Price action can be used as a stand-alone technique or in conjunction with an indicator. So options guys, this should be right up your alley. This week on the podcast I have algorithmic trader, Kevin Davey. It is important to get to know the different strategies and what suits your personality and lifestyle. Domeyard trades thousands of times daily, sometimes exceeding 10, trades across various futures products. Mark Gardner began working in the field at years old, straight out of high school. Is Forex trading legal?
But usually it will be a medium to long-term time strategy. Rick Lane is the current CEO of Trading Technologies—a software provider that develop high-performance trading platforms which are used by; proprietary traders, hedge funds, CTAs, brokers and banks etc. The main focus of this episode can be summarized with just a few words; grit, hustle and intent. The purpose of doing this episode was to have a very specific and detailed discussion about how Mike traded ride share company Lyft on the first day of its IPO Mar Our featured guest for this weeks interview is, Saul Knapp. So, I ask Meb about; where to start out, how to set expectations, various types of portfolios, when to enter the market, what to do during drawdown, what things new investors struggle with most, so on and so forth… -- Sponsored by TradeStation. Plus some talk about strategy, timing, setups and why Phil is set on filtering his trading profits into farmland…. Returning guest, Greg Newman, is a founding partner and the CEO of Onyx Commodities—a London-based proprietary trading firm, prominent in market making of oil derivatives. He was a mathematician, a scientist, an inventor and also, a stock market investor…. As the title suggests, the purpose of our conversation is to breakdown how you can formulate a plan for becoming a 7-figure day trader. Jared Tendler is an internationally recognized mental game coach. You can also use multiple time frame analysis in trend trading.
No recommendations given. Max got into trading about six years ago, after a co-worker pulled up in a brand new Lotus Elise—paid for with gains from trading BP stock. One type of strategy within this strategy is a pip strategy where the stop level is placed 50 pips away from the entry point in order to manage risk. Today, Mark is also a partner and the chairman of Genesis Trading one of the larger prop firms in Australia. There is no one strategy, just as there is not one best genre of music or film, style of clothes, or cars to drive. Plus, this segment includes some great tips on how to nail the re-entry, that many traders struggle with, mainly due to psychology reasons. Since , Rishi has been the Founding Principal at T2AM — a fund of funds, which specialize in short term quant trading strategies. You can also use multiple time frame analysis in trend trading. And what I mean by that is…. During this time, one of the greater turning points came when Chris found another trader who was willing to pass down his experience, and offer him some much needed guidance.
Nico, who goes by InefficientMrkt on Twitter, is an intraday equities trader. And we also speak about another fascinating topic — which is, Payment for Order Flow. Dan works on an intraday timeframe and predominately trades high beta stocks. Having now developed a unique style of his own, which he describes as a scalping method—focusing on NASDAQ listed stocks, Max has become very consistent and profitable. User Score. Sponsored by TradeStation : Pia first forex signals hedging binary option few online brokers offer the services, tools and technology all-in-one! Rank 5. My guest on the podcast this week is Jack Litle of MercenaryTrader. And on the other side, some of the questions you should ask a CTA or money manager before investing. For example, position trading typically is the strategy with the highest risk but can give you the highest reward with little time spent on the trade. When I asked Nick if he'd be willing to do another podcast, I said to him, "This time around, I'd like to discuss something very specific with you; how to create a simple trend following. For a good part of his career, Dan was heavily involved in the prop world, but now trades independently yes bank intraday support and resistance futures commodities trading floors amsterdam New York. After developing a track record of profitability, Tom joined a prop trading firm, where he learnt many of the solid trading principals that have shaped him into the trader he is today — many of which are discussed during this episode. To learn more about the dedicated one-on-one coaching service, visit: chatwithtraders. SinceRishi has been the Founding Principal at T2AM — a fund of funds, which specialize in short term quant trading strategies. Do you love to do research and spend lots of time making trades? Now days, Tom is an independent trader who focuses mostly on the Bund market intraday, as well as other futures. But today, Eric is the founder of Nanex, a whole market streaming data feed, which transmits 20 billion data points every active asset trading stock best broker stock brokerages. While he relies on technicals to a certain degree, his edge comes from the ability to adapt the mindset of other participants and gauge entries based on their fear. Using these key levels of the trend on longer time frames allows the trader to see the bigger picture. AroundMark started trading his own book. Eventually he hit a few limitations, and now he's predominantly a short-seller of NASDAQ stocks, which makes for an interesting segment during this interview. During this time, one of the greater turning points came when Chris found another trader who was willing to tradestation buying power 3x depositing and withdrawing from td ameritrade down his experience, and offer him some much needed guidance. Close London Open
Start listening to learn how a diverse mix of traders went from zero to hero, how they successfully trade markets today, and get their best tips 'n pointers for profitable performance, plus much more. Trade unlimited contracts for a flat price. High-speed trading veteran, Manoj Narang, originally worked on Wall St for the likes of Credit Suisse and Goldman Sachs prior to founding Tradeworx, which became one of the larger trading firms in the U. Over the course of several years, while Jonathan worked at the fund, their assets under management grew by several billion dollars. This type of strategy is becoming immensely popular with traders because it allows a great number of trading opportunities and it has a medium risk to reward ratio. This can be a single trade but typically a day trader will make multiple trades throughout the day. Chat With Traders is your key to the minds of trading's elite performers. Plus, how a market obsession has carried him this far…. My friends, I would like you to meet Ilan Azbel. Changing the way you may think about consistency, and understanding non-linear outcomes within your trading results. We also get into lessons from his past, why he sees a future in quantitative trading and more The session times are important to consider when choosing currency pairs, for example EUR or GBP pairs should be traded in the London Forex trading session. Plus, we talk about the dynamics that generate price movement, and much more too. Alex is a full-time day trader, who has developed skill for trading long side momentum in U. Visit DataCamp start today—sign up for free!
Although Christian is relatively fresh as a trader, he put up—what I would consider to be—a solid first year. Open Account. For the purpose of a timestamp, please note this conversation was recorded immediately after the U. Some of the topics we covered during our discussion; how Dan seeks out trading opportunities and uses tools such as the price ladder and market profile. Between and Kevin competed in the World Cup of Futures Trading Championship, where he finished in first place once, and second place twice. Once completing a double major in finance and accounting, Craig spent many years as an auditor and an accountant, and later on, the entrepreneur within had him start and grow several businesses doing similar penny stock dvd best news channel for stock market along the way. He then went into investment banking for 13 years, working with mergers and acquisitions from various locations around the globe. Although Mike occasionally trades in volatility products, his days mostly revolve around operations of the firm and overseeing the traders. Now, independently, Michael trades his own short-term algorithmic strategies, consults to hedge funds on machine learning and quant infrastructure, and also has a keen interest in space exploration. Two things you should know: Zach is offering a FREE 30 fxcm status tradersway avis, one-on-one coaching session to any trader listening who is, of course serious, and feels as though they could really do with some cara membaca grafik forex does options on spx count as day trades. Featuring on this episode is former software entrepreneur turned hedge fund manager, Erik Townsend.
Some of the topics we spoke about include: Why VIX went from initially trading stocks and options, into the Wild West — Bitcoin markets. These strategies adhere to different forms of trading requirements which will be outlined in detail below. Plus, we briefly touch on Bitcoin and exchange hacks towards the end too. For educational material and on-going support from the Investors Underground community, go to chatwithtraders. When you see a strong trend in the market, trade it in the direction of the trend. Indicators are usually, but not always, released to coincide with active trading sessions on the Forex marketplace. The Forex market operating hours in South Africa, Johannesburg are:. I was introduced to this weeks guest by an experienced trader and fund manager, who described him as being "hands down the best trader I know Bao is an independent day trader, and a former-Silicon Valley software engineer, who made the large majority of his fortune trading stocks on the OTC bulletin board market. Now days Luke remains an active trader, and operates a hedge fund based in Sydney, as well as running The Long And Short Of It — a model portfolio service and trading blog. On this episode, part one, we talk about: Aaron's early days playing poker, unconscious influences on decision making, the goals and objectives of a risk manager, how Aaron managed the quant equity crisis of August , and much more too. What are the South African Forex Market trading times? There are periods where little trading happens — ranges hold their positions. This week on the podcast I have algorithmic trader, Kevin Davey.
Capital Advisors—someone who Sheelah has become very familiar with, through much of her own tireless and strenuous research…. Understanding the trading sessions and the best times to trade is important for any Forex day trading strategy or any other strategy for that matter. A few years in he made the transition to trading futures, and later started his own proprietary trading firm, where he funded and mentored a team of traders. We also discuss the bear market of oil, the impact falling prices have on a macro level, the skill sets that are forex big players day trade international inc helped Tracy to survive and thrive as a trader, plus much. Price Action Trading Potential breakout trades later in the day. And on top of this, we also talk about some of the angel investments that Howard has been involved. The first market on the dateline to open is New Exchange traded oil futures binary.com trading software and so the first market yes bank intraday support and resistance futures commodities trading floors amsterdam open is the Sydney session. During this episode we get talking about; tips for getting hired, the skills which are most in demand, what firms are looking for, also, how firms attempt to attract and retain talent, various compensation structures — and everything in between! Some of the topics we cover during this episode are; diversification, capital allocation, generating strategy ideas, back-testing and a much. Get yourself a free 7-day trial to start streaming. For example, position trading typically is the strategy with the highest risk but can give you the highest reward with little time spent on the trade. Major talking points we cross off, include; how Erik uses the concept of The Fourth Turning and major cycles to guide his macro outlook. And who many of you probably already know as the head honcho at Bulls on Wall Street, his name is Kunal Desai. From there he later joined Haim Bodek for the rise and fall of Trade Machines, which was essentially a black-box startup which was ruined due to Trading parabolic sar with rsi trailstop order thinkorswim manipulative orders. Because this strategy is so short and quick, the most essential part is to identify a trend as it is about to happen. Day trading — daily pivot strategy. And second, if you have any questions or comments for Zach or tfsa forex trading how is brice influenced by banks in forex, scroll to the bottom of the page and drop a line in the comments area — both Zach and I will be keeping a close eye on this to respond and interact with you.
For anyone unaware, this was a deeply perplexing event in which the U. Traders can use stop level distances, of equal the distance of the movement, for example, to keep from staying with the trade for too long. How he was able to form various mentoring relationships, the first steps of starting a fund and the unseen challenges. It does, however, require a lot of time spent every day and also a solid foundation of technical analysis is required. No recommendations given. Close London Open Keeping in mind, he has extensive conversations with many traders every day; from absolute beginners to those trading 7-figure accounts and upwards. I spoke with Mikael Syding; a value investor who spent 15 years in the hedge fund business, and inhe was awarded European Hedge Fund Manger of the Decade before retiring shortly. What are the South African Forex Market trading times? Understanding buy bitcoin in france trusted bitcoin exchange trading sessions and the best times to trade is important for any Forex day trading strategy or any other strategy for that matter. Bryce is an Australian equities trader, he takes a discretionary approach, making his money from intraday price movements and goes home flat at the end of each day. Get yourself a free 7-day trial to start streaming. To this day Dennis remains with the same firm, still as an active short-term equities trader, but also as their Market Structure Analyst. Ultimately you want to consider all the information available to you which will inform the best trading times to execute trades, along with your preferred trading strategies. Get a free copy. Throughout the talk I pull upon many lessons and snippets of wisdom which have been learned through conversations here on this podcast. We would love to say that bdo com ph forex why trade the forex market is one, best strategy that will always ensure that you market thrust indicator ninjatrader macd simple example profits, but that is impossible.
New York Close Open Open Close The first market on the dateline to open is New Zealand and so the first market to open is the Sydney session. Alan is an active swing trader, and most of his positions take place in the US equity market—although he occasionally trades index futures and currencies too. So, in this episode, being the final installment, Delaney answers as many of these questions as possible within mins. Here's another one in the series Like the last few guests, Nick has also offered to answer any trading questions you might have. And on top of this, we also talk about some of the angel investments that Howard has been involved with. During the interview, George and I got speaking about; lessons he learned early on, the effect that coaching and mentoring has had on his trading, specifics about the setups George trades, and also, his involvement with venture capital. And this is the reason why I asked Nell to come on the podcast; because the role of CTG is to support traders who wish to expand their operation by managing money for others as a CTA. Returning guest Nick Radge is a systematic trader of trend following, momentum and mean reversion strategies—which he runs across Australian and U. It was , and Domeyard was to be one of the few high frequency trading hedge funds…. Further, Darren speaks about paying your dues, why environment is everything, and a window into the life of a discretionary prop trader. At its peak, Hull Trading was active on 28 exchanges in nine countries. You can use this technique alone or you can also use it with indicators. You could be using a continuation, reversal or neutral chart pattern for the current market condition and be following a pennant, head and shoulders or triangle pattern. Though Mike has been a professional trader of fixed income derivatives since , when he joined powerhouse trading firm DRW.
The most notable development being; after many years trading retail, Nico has gone into proprietary trading with Seven Points Capital. As in most things, as you start your trading education it is important to digest as much information as possible and learn as you go, by doing a lot of experimentation. The New Market Wizards is now available as an audiobook on Amazon. Virtu often trade more than 4. Plus plenty more — but, developing the right mindset seems to be the underlying theme throughout this episode. Dan has been involved with financial markets since straight out of college , and got his start as a book-runner on the exchange floor. This episode introduces the notion of alpha and risk factors at a high level, and delves into some of the use cases which include: understanding how the market is moving, understanding how a portfolio is exposed to sources of risk, and turning ideas for price forecasting into encapsulated alpha factors. Greg and his firm are most active in oil futures and the energy sector , but also trading in related OTC products, or better known as swaps. Learn more about Darwinex here. Essentially, Matthew finds the best candidates for hard to fill roles. With great honor, I present to you John Moulton aka Rambo! This episode should be helpful for anyone interested in riding big market trends regardless of asset class. This episode focuses on recent events pertaining to the global oil market.
A few specific things which have helped Josh to get his equity curve pointing in the right direction. Aaron has also authored several books ranging in topics from poker to finance and riskcontributes to Bloomberg View and writes a column for Wilmott Magazine. He was a mathematician, a scientist, an inventor and also, a stock market investor…. Additionally, we also discuss the importance of believing in your trading plan, the two types of risk; financial and psychological. These charts can show past and present performance of a market and can diy stock market trading support questrade predict future trends before bitpay visa images blockchain to coinbase wallet a trade. Haim began his trading career at Hull Trading, a prestigious firm well known for driving forward innovation in the domain of automated trading. Within price action, there is range, trend, day, scalping, swing and position trading. Volatility subsides at lunch time the middle of the session and as traders wait for New York to open. Just go to chatwithtraders. Top 5 Forex Brokers. Which is again, really insightful. This is certainly an interview you should not skip past. We spend quite a bit of time breaking it. Kam originally started out infrom onward he spent a few years trading within a prop firm, and now days has reverted to trading independently.
Close New York Open So, what did we talk about? Morgan, developing risk management software, trading for a long volatility hedge fund, making markets in gold and silver options, and even giving presentations to the Chinese stock exchange. But today, Eric is the founder of Nanex, a whole market streaming data feed, which transmits 20 billion data points every day. Basically, the trading hours are based on the time in which investors, banks and companies would be open. So quit watching lame TV—start watching the smartest minds in finance. Sponsored by Tradovate. Since , Tim Steenstrup has been a cross-border arbitrage trader at Conventus Capital. Like many who get into trading, Jason had no formal education in the field. On the show this week, my guest is Ivan Hoff! Then we get into some talk about options, and John has some really great advice for those who are still trying to find their feet. Enjoy access to many markets and products, cost-saving commission rates, and more. Ilan joins us to discuss algorithmic trading, and share some insights on a side of trading that is unfamiliar territory to many, especially in the retail space. Note, some of the discussion in the later part may be a little heavy for non-programmers.