Build a Super Advanced Trading Bot on DYDX Hosted on AWS with Python - What NOT to Expect

Build a Super Advanced Trading Bot on DYDX Hosted on AWS with Python - What NOT to Expect

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial begins with a disclaimer about realistic expectations in trading, emphasizing that it is not a get-rich-quick scheme. The instructor focuses on developing a cloud-based trading bot using a strategy they trust, without revealing confidential trader secrets. The instructor shares their passion for programming and crypto trading, highlighting their journey since 2017 with the Crypto Wizards YouTube channel. The tutorial advocates for decentralized trading, particularly using dydx, due to its advantages over centralized exchanges, especially in light of recent events in the media.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the course as introduced by the instructor?

Getting rich quickly through trading

Developing a trading bot with a trusted strategy

Learning to trade stocks

Investing in real estate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the instructor refrain from sharing certain trading strategies?

They are too complex for beginners

They are confidential and shared by experienced traders

They are outdated and no longer effective

They are illegal to use

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the instructor's main source of income?

Developing and teaching

Trading

Real estate

Consulting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivates the instructor to share their knowledge in this course?

A desire to become famous

A requirement to fulfill a contract

A love for programming and teaching

A need to sell trading tools

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the instructor advocate for using decentralized exchanges like dydx?

They are only for advanced traders

They are less secure than centralized exchanges

They offer better and cheaper trading experiences

They are more expensive than centralized exchanges