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The thing is though that trading, although subjective at the analysis stage, is very objective at the results stage. All one needs to do is show a very healthy PnL, and then all of a sudden their ideas of how to trade have merit. This ET place is all messed up when it comes to trading...

This about it. He "stole" the T-zero car from the guys who made it, and turned it into the Roadster. Sure, there was still lots of innovation after, but he didn't start from the ground up. And sure, Tesla repaid all the government loans, but to this day, a huge amount of tax payer dollars...

Don't idolize him just yet. Saudi Arabia was a major contributor for the funding to buy Twitter. Elon is their bitch now. A man dies while criticizing the government and the fucker has nothing to say...

In my opinion, Elon has turned out to be a huge disappointment. Yes, he added more free speech via the Twitter purchase, but he isn't the night in shinning armor. He literally gave up information to the Saudi government I think it was who ended up killing a person because of the information...

That is an interesting take. And sure, maybe its one step above what happened at the banks, but still worrisome. You do make a very compelling argument. I can see how USDT is superior to $USD in many ways as you highlight, and certainly is way more permissionless over USD in a bank account...

I did a bit of searching and came up with this link. Its from a year ago, but just reading the headline should cause lots of fear, at least it does for me. (I might have already shared this in the past in another thread... my memory is fuzzy) "Tether Won’t Freeze Sanctioned Tornado Cash...

This is an excellent point. But we know that nobody will ever lose money in a US bank from a bankrun. If they ever make an example out of one bank then all the deposits would I'm sure evaporate. Now I of course wouldn't want to call their bluff, but can you imagine if they let depositors at...

LOL... Guess I'm too stupid to look at the date which I see now is clearly shown. Yup, this was my feeling as well. I know some people use anywhere from a 5 min to 30 min bar and look for trades once those highs or lows are broken.

Hey John, since you've spent easily a decade now on reading everything you could, do you have any personal ideas as to who Satoshi is? Also, do you think he has the keys to these coins or do you think he was just mining and randomly picking addresses in order to get it going? I haven't looked...

Since this most recent update was posted at 9:27am, how do you already have your trading done for the day if the strategy is an ORB, which I assume means you need price to set up an opening range (using whatever your parameters are) and then trade the breakout?

I don't see how the metrics of this are bad, so I'm not sure why the negative feedback. If the win is $225, and the loss is $100, with a win rate of 43.8%, this looks like a damn good strategy. Even the low equity line on this simulation run is positive (if just barely). So essentially, there...

If they are both equal weight, then doesn't one just cancel the other? You make money on the NQ, but lose on the CFD assuming NQ goes up to 15050. Maybe I'm missing something.

I'm sure there are enough algos doing this already. But think about it. If NQ is hovering at 15,000 and not moving, and yet Tom says he is buying, and then 1,000 all buy, but don't buy the NQ but instead their instrument, won't this cause that instrument price to go up? There are likely not...

The worst part is that this second friend will think they are brilliant and a savvy investor/trader.

I think that specifically with this point, he trades one of those spread betting instruments that are available to people in the UK I think. This has tax advantages from what I remember, but I think this in no way has any impact on the underlying instrument. In fact, I see it when his fills...

93 and 91?? What contract are you guys trading? Most of us are on the December contract now. I don't see any prints for xx93 or xx91.

You are also assuming that long term investing will somehow pay off. Work pensions are generally invested in the markets anyway. So if you don't think his company pension will survive, then his investments will also likely not work out. I just have this feeling that even the general idea of...

Its called beginners luck, and this is very difficult to re-create and maintain. If you're lucky enough to hit it big and walk away then fine, but most will end up giving up all the initial winnings and then dig a deep hole until they finally admit that the initial good streak was just random.

The funny thing is that whatever you're doing is simply incredible! Nobody on here has shown results this consistent. So even though you think the algo is crap, and perhaps it can be tweaked to eliminate these errors, you still have a system that is miles ahead from results published here...

This is interesting and I can see how this is a huge part of the problem. Agreed. If I had a house and was wealthy enough, I would for sure invest in a battery backup system. When prices spike up 10x, it perhaps gets cost effective to use your own electricity storage vs. using the grid. I...