Machine Learning for Trading

Machine Learning for Trading

Machine Learning for Stock Trading, Forex Trading, Daytrading or even long-term investing is already here. You can opt to use a fee-based or performance based service and let them manage your money.

If, on the other hand, you are an active investor or trader, you might want to develop your own trading system with your own unique insights. This tutorial will shortly lay out the landscape of such a system. Also, in our On-Demand Course (Machine Learning for Trading) you can learn how to develop such a system on your own.

Data Source / API

First, you need data. Data is key for a machine learning System. Without proper data, nothing else matters. You can get free data from your broker (like Oanda). But with that data your chances to build a profitable system are slim.

It’s therefore advised to make use of paid alternative data. Such data can cost anywhere from 99$ per month to 4999$ per month or even higher. (Example: https://www.quandl.com/alternative-data)

Database

You’ll need to have your own database. For one, you want to save the data you pay for. You also want to save the manipulated data you create (e.g. when you compute the moving average or similar indicators). Also, you need to keep track of your trades, wins, losses, etc.

For this you want to use MySQL or NoSQL (MongoDB) database. If you don’t want to operate and manage a Database yourself, you should take a look at AWS RDS and Goole Cloud SQL Services. They’ll make your life easier in this aspect.

Machine Learning System

This is the actual brain of you system, the one that decides what to do with the incoming chunk of data from your data provider. Do you execute a trade? Do you close a current one? Do you do just nothing?

Your system can be a supervised machine learning model (like a neural net) or it can be an autonomous agent (see: Reinforcement Learning). The latter is gaining momentum in the algorithmic trading scene.

You want to host your system on a performant but most importantly a reliable Computing Machine. Here again, I advise you to use a Cloud Service (AWS EC2, Google Cloud Computer, MS Azure, …).

Backtest

Before you unleash your system onto your real account, you want backtest it. For this you need your own backtesting system or use a library for that (Example: https://pypi.org/project/backtrader/). Only after a backtest seems to be promising, should you release the system onto your demo account. And only after that onto your real account.

Execute Calls (Buy, Close, Change SL)

This is where the magic hits the real world. You need to keep a close eye on your system. If it fails for a few hours and you don’t notice it, it might leave a short trade that should have been closed. Automatic Alerts are a common thing in the Cloud Service Providers – they’ll even notify you via SMS.

Also, since your System will be running on the servers, without any User Interface, you should think about how you will get a current statement of your account. Maybe you have to build one yourself. Maybe your Broker has one.

Best Learning Management Systems in 2020

Best Learning Management Systems in 2020

Since the turn of the century, online learning has become a crucial component of businesses and educational institutions. Educators and administrators need a reliable and cost-effective learning management system to create, evaluate, track, and customize online learning activities. An LMS software is a digital technology where educators, administrators, and entrepreneurs can administer, document, track, and evaluate online educational courses and training and learning programs. Here the German IT Academy will present the Best Learning Management Systems in 2020.

This remarkable technology has become the secret of improving academics and business performances. It provides a single centralized platform to manage course activities and allows the learners to access it from everywhere. Educators can arrange online classrooms, conduct quizzes and online papers, conduct live sessions, and give grading while students can easily access their assignments and grades even using their mobiles. It streamlines direct connection between teachers and all students to solve the problems of students and get feedback to evaluate the strategies.

You can also integrate an open-source LMS software with other digital technologies to customize and scale this platform according to your needs and requirements. Similarly, businesses use LMS for employee onboarding, training, and organizing the workplace environment, and hunt for talent within the employees.

Core Functionalities of an LMS Software

A good LMS must have the following core functionalities:

  • It must have a user-friendly and intuitive interface.
  • It must be accessible to learners on every device.
  • It must be durable and scalable.
  • It must be flexible enough to adapt to the requirements of the organization, be it small or large, commercial or non-commercial.
  • It must be interoperable i.e., it can integrate, or exchange data with other services (APIs).
  • It must be easy to use and learn for the students, as well as teachers and administers.
  • It must ensure the security and safety of data against any loss, misuse, or unauthorized access.

Best Learning Management Systems in 2020

You will find countless LMS software on the internet and you have to choose the perfect one fulfilling all the requirements you are looking for. In the following paragraphs, we will discuss 3 of the most widely used Learning Management Systems in 2020.

Moodle

Moodle, developed by Martin Dougiamas in 2002, is indubitably the best free LMS software because of the scalability, flexibility, and functional versatility it offers to the educators and businesses. It offers an effective online platform to educators, businesses, and administrators to collaborate in a learning space that stimulates both learning and teaching. More than 60% of educational institutions including 1/3rd of universities across the world use Moodle.

Its multilingual characteristics enable it to be used by all organizations, either small or large, commercial or non-commercial to create a quality online learning environment. It has been translated in over 180 languages, and dialects. In the field of businesses, Moodle is extensively used for employees onboarding to hire, and train employees and acclimate them with the policies and culture of the organization.

You evaluate, track, take feedback, and review the progress of your employees and make objective and holistic strategies to grow your business. Simply put, Moodle has become a standard learning platform for hundreds of thousands of educators and businesses and it can help your organization achieve the set objectives by better planning and implementing strategies.

We at German IT Academy make heavy use of Moodle and are totally in love with it. For us, Moodle is definetly one of the Best Learning Management Systems in 2020.

Chamilo

Like Moodle, Chamilo is a free open-source LMS software that helps users create online or hybrid courses. With more than half a million users around the world, it allows you to set up teaching and training courses, install web hosting, track and evaluate performances, and improve various learning modules, integrate with other IT, mobile video conferencing, and provides visual learning tools on the platform.

This software can easily accommodate 3000 connected users/students/employees simultaneously and compatible with many web browsers and supports both mobile and desktop devices. It also offers you an opportunity to sell your e-learning content to earn money. So, it would be a better alternative for a small organization like a school or private business to enhance performance.

Canvas

According to official figures, more than 30 million learners benefit from the Canvas LMS. This powerful software offers you a myriad of features like online assessment, workbooks, guides, and FAQs. You can also track, and evaluate the learning progress and teachers and it also streamlines the direct connection between the students and teachers or instructors to discuss any issues. Moreover, since Canvas is an open-source software, users can integrate with any software, and learning portals to scale it according to the requirements.

That is why leading world universities like Stanford University, The University of Auckland, the University of Queensland, and the University of Oxford use this LMS software. Its intuitive and dynamic interface helps learners to access each course quickly. It also redirects the learners to useful resources to improve the learning process. All the elements required by successful online learning are offered by Canvas. It tells the instructors what needs to be done for each course and how to do it. That is why thousands of organizations, small and large, are using this powerful LMS software.  

Final Remarks

It would not be wrong to say that modern technology is bringing revolutionary changes in the field of online learning. The majority of researchers and analysts are in unison that online learning is the future of the world. So, it would be the best option for your organization to make use of an LMS software like Moodle to improve the efficiency and performance of your organization.

Why Your Organization Needs Moodle

Why Your Organization Needs Moodle

The novel Coronavirus has provided a stimulus to the online learning. Researches from all over the world show that more and more businesses and educational institutions are embracing online teaching and learning. In such unexpected times, the role of LMS (Learning Management System) has become more critical than ever. That is why the demand of Moodle, an open-source software, has witnessed manifold increase since the last few months. Its robust, secure, and integrated system has helped businesses and universities to continue discharging essential services.

It is pertinent to mention that Moodle was most widely open-source LMS even before the pandemic because of its learning-centric tools, and tremendous compatibility with businesses and educational institutions of all nature, however, since early 2020, it has collaborated with global academic, and business stakeholders to foster online learning objectives. It would not be wrong to say that Moodle is the future of online teaching and learning and the quicker your organization embraces this online learning platform, the better it will be. The below paragraphs will validate this notion.    

What is Moodle   

Moodle, developed by Martin Dougiamas in 2002, is an open-source Learning Management System that is designed to provide an effective online learning platform to educators, businesses, and administrators. Being the most popular LMS, Moodle ensures a robust, integrated, interoperable, and highly-functional system to create personalized and private learning environments. Moodle has been adopted by all levels of educational institutions, businesses, non-profit organizations, and other community systems of all nature because of its tremendous scalability, and adaptability. It helps businesses to create a collaborative learning space that stimulates both learning and teaching.

Why Educational Institutions Need Moodle

Moodle is used by more than 60% of educational institutions in over 180 languages and dialects all across the world. It helps teachers, and educators to create quality online classrooms to improve the learning outcomes for students. This System fosters online learning objectives of your organization because:

Inexpensive

It is an open-source software which means it is free to download, customize, and use according to your requirements. It is a perfect solution for organizations having budgetary constraints. Having customer support from more than 80 certified Moodle Partners, you can better customize the performance of the Moodle site. So, anyone can use it for both commercial and non-commercial online teaching and learning.

Moodle is Scalable and Flexibility

The best thing about Moodle is that it provides a highly flexible learning environment for your organization, be it small or large. Since it is an open-source software, it can easily be customized to individual needs. It uses free plugins to integrate external applications to achieve specific goals and functionalities. It can be scaled to support the requirements of a few to millions of students in small, and large educational institutions.

Enhanced Security and Privacy

Many people have the misconception that Moodle is less secure software compared to its closed-source alternatives. But in reality, it is a highly secure and private platform with regular security updates by developers to ensure users’ data security and privacy, and provide multiple-tier protection against data loss, misuse, and unauthorized access. Moreover, if you want complete control, you can easily deploy Moodle on any private secure cloud or server.

Accessibility and Compatibility

Moodle is specifically designed to help all learners access it from anywhere. Its default mobile-compatible interface and cross-browser compatibility, it can be accessed from many web browsers, and devices. 

Up-to-Date and Future Proof

Having support from over 80 certified Moodle Partners, it is regularly reviewed, updated and customized to meet the evolving needs of educators. Similarly, you can secure your investment by integrating the LMS with other digital tools, and technologies to create an effective and interoperable online learning ecosystem.  

In short, Moodle offers an all-in-one learning platform to enhance the learning outcomes of educational institutions. From quizzes, online exams, and live discussions to online grading, Moodle has become the standard online platform for over 1/3rd of the universities and countless schools and colleges across the world.

Why Business Organizations Need Moodle LMS?

The role of Moodle in improving the efficiency of workplaces cannot be over-emphasized. It can help your business grow in a myriad of ways.

Starting from employee onboarding, Moodle helps to create a perfect virtual workplace to hire new workers, train them, and help them understand policies, procedures, and culture of your organization in the simplest possible way. This methodology offers significant cost savings. 

Similarly, Moodle helps to enhance the development and retention of employees. You can use this platform to design courses that will help to better train and evaluate your employees and keep them up-to-date with market trends. At the end of the day, it will greatly help you optimize your company, boost sales, gain more revenue, and expand the reach of your products.

Likewise, Moodle cloud-based service offers 24/7 availability and accessibility to learning. In the light of prevalent pandemic, it is the best option to allows all the employees to learn from a single platform while sitting at homes. This single-source learning provides a centralized, coherent training, and evaluation mechanism for your organization to better respond to the challenges of today and tomorrow.

Final Remarks

In a nutshell, Moodle has become a standard learning platform for hundreds of thousands of educators and businesses. Its extraordinary adaptability to all types of educational and business environments makes it the best open source LMS software in the world. Hence, it can help your organization achieve the set objectives in this digital era of cut-throat competition.

Organizations switching to online teaching for Students and onboarding employees

Organizations switching to online teaching for Students and onboarding employees

The novel coronavirus has brought such unforeseen disruptions in all aspects of our lives that we haven’t thought in our wildest dreams just a few months back. From businesses to academia, and from politics to worship, no facet of human life is left unaffected by this global pandemic. All the countries around the globe have placed severe lockdowns and stringent SOPs to enforce social distancing and minimize the contagion. According to medical researchers, social distancing has become a reality and we have to live with it, at least, for a foreseeable future.

Under such circumstances, it is virtually impossible to hold regular classes in schools and colleges or conduct in-person interviews to hire and train new employees. For many companies, it wreaked havoc, but others adapted modern technology and digital tools to continue providing services to the people and avoid the total shut down of their supply chains. That is why online onboarding new employees with LMS (learning management system) has become a new normal and more and more companies are shifting towards online training of their workers.

Similarly, majority educational institutions have embraced online teaching which rhymes exactly with working from home. This exponential growth of online learning has put much load on the learning management system (LMS), an EdTech platform, and almost all the universities and colleges in North America and elsewhere have almost completely transitioned to virtual or distant learning. The chart showing the transition of higher education enrollments in Canada and America is:

A chart from Enrollment Transition in North America

Online Learning During Pandemic

Needless to say, Covid-19 has significantly affected the field of education. Online teaching and learning have become more necessary than ever as around 1.2 billion students were out of classrooms due to the closure of educational institutions. In such times, we witnessed a dramatic rise in the usage of Moodle and other LMS around the world. Research studies conducted during the past few weeks show an exponential growth in the usage of online learning management systems like Moodle.  As per data from LMS and Moodle Usage.

  • Instructure: Witnessed a 60% increase in concurrent users on LMS Canvas in just two weeks.
  • Blackboard: It saw an increase of 400% in the total number of logins for the Learn LMS, and almost 3600% increase in the number of virtual classrooms.
  • Moodle: The usage of Moodle has increased significantly during a pandemic. We cannot predict the exact number of users at any time however, the total number of sites registered with Moodle increased by 30% in a single, and similarly, the use of Moodle Cloud also increased by 4-times during last few weeks.
  • In the same way, Schoology witnessed a 4x increase in its LMS usage from the previous maximum.

It is pertinent to mention that there already was a stimulus towards online teaching and learning before Covid-19 and the total investments in this filed (EdTech) were around $19b in 2019, but, not surprisingly, it is forecasted to reach more than staggering $350b by 2025, thanks to Covid-19. It shows how many companies and universities are investing in online learning tools to offset the losses caused by Covid-19. From open-source LMS like Moodle, and video conferencing tools to video tutoring and online boarding, the world has witnessed an exponential boost in the usage of digital tools for online learning and teaching.   

Employees Online Onboarding During Covid-19 Era

It is projected that LMS (learning management system) will accelerate employees online boarding and training in the years to come. It is no more a luxury or perk used by tech-giants to bring in new workers rather a new normal that all the companies have to acquaint themselves with. The majority of companies including Amazon, Facebook, Microsoft, and Google have instructed their employees to work from home since many critical and essential businesses cannot afford to have complete shutdown so they are resorting to virtual onboarding and working to continue providing essential services to the people. Almost all the workplace tasks like hiring new employees through in-person interviews, acclimating to the company’s policies and culture, and learning required skills to carry out individual and team-roles are being done by online boarding.  

Data from Udemy

Udemy is the largest online teaching and learning platform. It released a report on April 30 to analyze the surge in its customers due to Covid-19. The statistics shows:

  • 4.25x increase in consumer enrollment.
  • Instructors created 55% more content
  • Businesses and governments have used the Udemy platform almost 80% more than pre-COVID levels. 

To conclude, it would be wrong to say that because of Covid-19, every domain of human life is affected especially education and employment as governments imposed stringent lockdown to ensure social distancing. However, it provided an unprecedented stimulus to online teaching and learning and all the educational institutions and businesses are resorting to remote education, online boarding, and telecommuting. That is why the usage of LMS like Moodle has witnessed tremendous surge and this trend is likely to only increase in the future.

How to build modern Websites in 2020?

How to build modern Websites in 2020?

It’s 2020 and you want to learn how to create beautiful and modern websites in 2020? This Article will serve as a guide on what you should be looking into, in order to learn to build fast and beautiful websites. We’ll also mention some keyword for technologies with potential, which you can look into.

What is a Website in 2020?

A question that simple shouldn’t be asked in 2020, right? But the lines between Apps, Websites and Software is fading. Here is a good example: certain websites you visit on the phone, you can ‘add to homescreen’. This adds an icon of the website and makes it available even when you offline. (Here is good starting point if you want to learn more about this technology: Progressive Web Apps).

So what is it now? An App or a website? How can you access a website that is offline?

For the sake of simplicity we’ll say that everything is accessed via a browser, is a website. (Except for PDF files, Video files, etc.)

What was Webdesign?

The header is in past tense. Webdesign is loosing it’s value in some sense. The rise of many JavaScript Frameworks made it easy for everyone to create good looking and fast websites. This eliminates the need to hire a web designer to sketch your site from scratch.

Certain plugins go even a step further and give you finished and multi-functional User Interface Elements (for example a Button). You can read more on such frameworks here: Top 3 UI Frameworks.

So, where you start?

If you are starting your developer journey in 2020, you should feel blessed. You’ll receive advanced programming language and tons and tons of tutorials and cheap (but not always good) courses. Following lines assume that you want to know how to become a Frontend developer.

We’ll also assume that you don’t want to become a Frontend developer just for the sake of becoming of Frontend developer. The motivation behind this is mainly to earn money. Then comes fun and enjoyment. We do not distinguish whether you make money via a wage or freelance work.

In the end it all comes down to fulfilling the demand (for in Frontend development) with your supply of this skill.

– Me

Web Dev Basics

Every Website on the these two most basic technologies: HTML5 and CSS.

HTML5 equals to Hyper Text Markup Language 5. It’s the standard markup language for virtually every Website. HTML elements are the most basic elements of an HTML page.

CSS equals to Cascading Style Sheets. CSS takes the UI Elements that were created by HTML and adds some style to them – making our website beautiful and modern.

Modern Websites for Beginners

With the goal of making money and having fun as a newcomer to Frontend Development in mind, i introduce to you a very popular and easy to learn JavaScript Framework: Vue.js 2. There are many JS Frameworks that exist along Vue.js. The reason why Vue.js is so popular among Beginners, is that it is easy to learn. And while it’s easy to learn, it doesn’t compromise the important characteristics like scaling, performance, tests, automation, and so on. In short: it’s just perfect.

How to learn it? Well, some people prefer skimming through the docs and learn via trial&error. Others prefer a more focused and directed learning with Courses.

How to learn Vue.js 2

We at German IT Academy put our soul into our courses and hope that you learn a lot in a short period of time while having fun. Without further ado, we present you our Vue.js 2 Online Course:

This Vue.js 2 Course is an Online on-demand Course. Meaning you can watch it whenever you want, on whatever device you want. This Course has reading materials, it has Videos, it has Questions and you get to practice with real code on your Computer.

You’ll start with installing some basic Software that you need to develop a website. We’ll guide you through this process. If something doesn’t work out, you can call us and ask. You end this course with the skill of creating fast and modern Websites.

Your Journey as a Frontend Developer starts with this Vue.js 2 Course

– Me again

If you have any questions about the course, don’t hesitate to email or call us (+49 163 7152337) – we speak Russian, German & English.