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It's indeed

I'm new to algo trading to be honest. Especially in stocks. So do you think beta being ~1 is something good? Sounds like, algo will lose money in bear market?

That's what I'm planning to do. Need to work on that a bit more! Actually it beats the SPY benchmark. This is good but again, i need to work on that a bit more.

Forgot to mention. This is a long-only algo...! That's why I have doubts to trade it.

Ah of course i didn't mean that :) and also, it doesn't mean "making millions". You already have one :)

Hi traders, First of all let me bring up this poll and yeah, instead of flooding, i wanted to bring them in a single thread! I have been trading cryptocurrency and forex for a while. But FX & CC doesn't seem so reliable to me. Sometimes i have won sometimes lost. I can't say i was consistently...

No worries. I'm sure about that. One can not make billions or even illions by trading their own money. I'm especially talking about forex. OP is 100% right. They are stealing people's dreams and give them hope! No need to do this. If you are good enough, you can get funded. You can not become...

Most coders wins billions in backtests. Everyone did this little mistake. So one simple wrong shift can cause this. That's why I always suggest to you use a better backtesting softwares with a reliable data.

I also want to add something: There are millionaires and billionaires. However, they are not trading with their own money. I don't believe that one can make millions trading his/her own money. It's gambling not trading.

Hi DeadTrader (hopefully you are still alive), I'm a data-scientist and coder as well. I will be honest with you. I have also subscribed the courses you have mentioned and my account is still active :) I agree with you that technical analysis does not work alone. I'm not saying that you need...