Recent content by DROBBY

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    Realistic returns expectations of successful day trading

    Yeah I am building my own thing too. I just understand why RaVar and other professionals laugh at a X00% return on a 100 000$ account since it is nothing $ wise compared to what they can pull with a single digit return on their AUM. My uncle kind of built his own thing too, all if his clients...
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    Realistic returns expectations of successful day trading

    That sure is really retarded, you would need at least 200% gains to cover basic living expenses. That would be so stressful! Not counting that you can easily day trade early mornings(london session) with a steady strat or go for higher time frames. Quitting your job to trade should only be done...
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    What to do with a profitable strategy?

    Why don't you adapt your knowledge of trading to the weekly chart? You would still be trading but only a few hours max a week. If you are a good day trader surely you can find an edge on higher time frames.
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    BluFX and Similar (getting money to trade)

    What about making roughly 35x time the money(assuming you are profitable already) by having 25 000$ in your account instead of 700$? You might think leverage will take care of it, but that's a fallacy. You can take a comfortable losing streak of 3% on the 25k account(750$) while the same loss...
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    Am I wasting my time backtesting my strat?

    Id say the majority of people said it was a good idea, but that it is not a guarantee. Just a way not to do some random shit. I agree with that, as long as you keep things simple and clear then it should work to a degree. If you don't have the framework to do in dept testing, like genetic...
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    Am I wasting my time backtesting my strat?

    Yes it goes without say that algos from hedge funds like renaissance are light years ahead of anything a regular schmuck like me can do. Not only that but they can operate in the very low TF and remain extremely profitable, which is insane to me. As far as I understand it, it is possible to...
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    Am I wasting my time backtesting my strat?

    Guys I think it all comes down to what you test for. Are you testing for some rare, kind of hard to identify pattern. Is your system full of changing and confusing rules? Or is it a simple system with common, easy to identify triggers? I think that if it is a simple mean reverting or trend...
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    Am I wasting my time backtesting my strat?

    Which is true, but I monitor BTC constantly and I have a signal on the 12h(close below 21/55/200 ema) where I short the equivalent of my whole balance. BTC can drop down to 1$ and I wont lose any of my balance in $. Ho and yes crossovers are terrible if you buy and sell when it crosses...
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    Am I wasting my time backtesting my strat?

    On and off about a year, and I dabbled a little bit at the end of the bitcoin bull run. I also followed a signal group during a summer, this didnt work XD. But as far as learning TA and really trying to figure it all out seriously. About a year now.
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    Am I wasting my time backtesting my strat?

    Ho yeah thats for sure, time will tell.
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    Am I wasting my time backtesting my strat?

    Yeah we will see. At the end of the day that's just numbers on an excel spread sheet. Crypto is unique in the sense that it trends all the time. I was shocked to see quarter long chop c on some forex and indices chart when I first looked at them few weeks ago. That might explain why I could get...
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    Am I wasting my time backtesting my strat?

    Nah, I don't do fundamentals. But I know a guy who only trade the most obscure shit coins using fundamentals only. Hes making bank but hes some kind of savant lol. Everyone else doing that since 2018 is getting fragged. But he just glide on by making bank on most of his trade. So yeah its def...
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    Am I wasting my time backtesting my strat?

    Hey no problem man, this ain't some secret sauce 100 000 lines of code algo I spent 10 year developing. Its just the simplest trend following strat. I find it work best on the 4h personally, test it out and make sure you get the system and that it fits your style.
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    Am I wasting my time backtesting my strat?

    Thanks mate I'll have a look later on. As far as link to trade bitcoin? I don't have any, I bought a trading program full of basic crap I could have found on youtube and I figured out a simple strategy using moving average crossover(with my own little twists). If you want to know just put a...
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    Am I wasting my time backtesting my strat?

    What about we check for 60 losses in a row instead of 11? Lets say I am not as lucky anymore and I am only right 40% of the time now. So 60 6% loss in a row followed by 40 consecutive win. This is simply impossible but lets just magnify the terrible losing streak effect for our purpose. so...
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