{"id":5144,"date":"2010-06-01T20:57:55","date_gmt":"2010-06-02T00:57:55","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=5144"},"modified":"2010-06-01T20:57:55","modified_gmt":"2010-06-02T00:57:55","slug":"school-of-algos-101","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101","title":{"rendered":"School of Algos 101"},"content":{"rendered":"<p>Thanks to all for the comments on my last blog regarding algos. I thought over the weekend about the best possible way for all of us to learn about these pesty computer programs and here is my suggestion.<\/p>\n<p>I always believed the best way to learn something complex is by using a dynamic and interactive technique. I thought it would make sense if everyone contributed a 3-5mins piece of tape on an algo they see and let everyone comment on it and we can all dissect the good, the bad and the noise.<\/p>\n<p>I will start with a piece of tape on my next entry where I&#8217;ll offer my comments and let you guys offer your questions and comments. Feel free to send your tapes in .wmv or .flv format to gman@smbcap.com<\/p>\n<p>Here are some suggestions on tapes:<\/p>\n<p>1. Accumulation algo<br \/>\n2. Distribution algo<br \/>\n3. Driving algo<br \/>\n4. Market making (passive)<br \/>\n5. The big order stepping<br \/>\n6. Big order broken down into little pieces<br \/>\n7. Buy to sell<br \/>\n8. Sell to buy<br \/>\n9. Buy the new low<br \/>\n10. Sell the new high<br \/>\n11. The re-bidder<br \/>\n12. The re-offerer<br \/>\n13. Crush it like grape<br \/>\n14. The black swan<br \/>\n15. The terminator<\/p>\n<p>That&#8217;s a pretty good start for now. If you guys have a better suggestion\/approach I am all ears. Happy trading.<\/p>\n<p>Oh yes I made up the last three but if you find a new algo we can totally brand that sucker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to all for the comments on my last blog regarding algos. I thought over the weekend about the best possible way for all of us to learn about these pesty computer programs and here is my suggestion. I always believed the best way to learn something complex is by using a dynamic and interactive technique. I thought it would &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":94,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1019],"class_list":["post-5144","post","type-post","status-publish","format-standard","hentry","category-gilbert_mendez_gmans-blogs","tag-algos","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>School of Algos 101 | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"School of Algos 101 | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Thanks to all for the comments on my last blog regarding algos. I thought over the weekend about the best possible way for all of us to learn about these pesty computer programs and here is my suggestion. I always believed the best way to learn something complex is by using a dynamic and interactive technique. I thought it would ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2010-06-02T00:57:55+00:00\" \/>\n<meta name=\"author\" content=\"gman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\"},\"author\":{\"name\":\"gman\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/8fe4a6ce6818640f00c5cf11d3547063\"},\"headline\":\"School of Algos 101\",\"datePublished\":\"2010-06-02T00:57:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\"},\"wordCount\":235,\"commentCount\":16,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"keywords\":[\"algos\"],\"articleSection\":[\"Gilbert Mendez's (Gman's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\",\"name\":\"School of Algos 101 | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"datePublished\":\"2010-06-02T00:57:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"School of Algos 101\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/8fe4a6ce6818640f00c5cf11d3547063\",\"name\":\"gman\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/gman\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"School of Algos 101 | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/school-of-algos-101","og_locale":"en_US","og_type":"article","og_title":"School of Algos 101 | SMB Training","og_description":"Thanks to all for the comments on my last blog regarding algos. 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