Search results

  1. B

    Simplicity is key

    Actually what you did was remove all the synthetic nonsense and revert to a 'natural' algorithm. Most of the time the problem with that is it requires contextual analysis which humans are 240,000 times better at than computers which skews to discretionary. Congratulations on making it work...
  2. B

    Best daytrading stocks?

    Any stock which has an underlying artificial business model, TSLA NVDA TWTR are all good examples, then there is everything in between. These businesses will pyramid up but being human greed is in play will evaporate without notice, one day. They all follow the Tulip Model, you can make beyond...
  3. B

    What has changed in the oil market? Even the God of oil trading has fallen.

    That depends on what you're looking at and what is defined as a "range", but let's not worry about little details like that. No one ever said it's tested the lower range yet, you've got to love people who assume everything and know nothing.
  4. B

    What has changed in the oil market? Even the God of oil trading has fallen.

    That's very simple, oil is in a $52 to $18 range, fight it and you will lose. Given it's the most manipulated market on the planet, plus everyone is fighting for income and trying to put each other out of business you get a dynamic which only a few understand, and today he just doesn't cut it in...
  5. B

    Is it possible that an edge/pattern that has worked since the beginning of time?

    Yes, compounding, ideally 10s of percent per year, optimally 100s of percent per year, and realistically single percentages per year. But, as that means getting it right from the start you have no chance, which is why everyone buys in to the synthetic get rich quick and you can trade with no...
  6. B

    My mistake ...

    That's the problem with synthetic situations, they come back to bite you. Your only recourse, evict yourself and parts ways giving as few details as possible or absorb it with a fixed timeline having no guarantees at the end. If you're really nice you can evict yourself immediately, pay the...
  7. B

    Capital needed for algorithmic trading at the retail level

    What is always fascinating with these types of question is that people don't understand the simple dynamics of trading, 1-2% per month is the target range on hourly, 3-5% if you are very experienced, what you are alluding to is the 7-10% per month range. In the end it makes no difference which...
  8. B

    Anybody owns a prop firm?

    As @lawrence-lugar summed up, the ones who will show you are synthetically creating returns so you have no idea the true figure, be it an individual trader or a prop firm. Decided to look in to the analytics https://www.elitetrader.com/et/threads/topsteptrader.305660/page-5#post-4398091...
  9. B

    How to make money if creating a new technical indicator ?

    Simple, it works on a exponential curve, if enough people see value and start using it you might be able to launch a consultancy via it, but normally someone else will reap the rewards. It is very rare an inventor makes money marketing their product, it is quoted Wilder spent 13years researching...
  10. B

    Capital needed for algorithmic trading at the retail level

    It makes no difference, the figures are the same. The reference for most traders in the top 1% (the ones who make profits) is 1-2% return per month on capital using Hourly timeframes. The smaller the timeframe the more trade opportunities available, but it also becomes exponentially more...
  11. B

    Three Psychologies in Trading

    So unless it is worded in your context and unless it matches your view on the world it is wrong, interesting approach, fundamentally flawed but interesting. And Buffett relies on "just some numbers on the paper" so you've contradicted yourself. If it makes money it is a genuine approach, and...
  12. B

    IB lots of issues lately. Programmers drinking again?

    Always saw IB as a pile of hidden garbage, nice to see it's becoming visible. Shame it will take people out along the way. That's why we developed our own platform and data feed, the middlemen these days hinder rather than add value. Painful to cut them out in the short term but in the end the...
  13. B

    Three Psychologies in Trading

    That is a long post to say one thing, fundamental trading skews to long term traders and technical trading skews to short term traders. There are only two core patterns in the financial markets, one fundamental and one technical, everything else is a timeframe subset of these two. Psychology...
  14. B

    Alert services recommendations

    Any publicly known services will provide you nothing as they are designed for provider income not accuracy, what you are looking for are high probability setups where you decide on the ultimate entry criteria. The principle is simple, 99% fail in the markets so you want an algo that eliminates...
  15. B

    Futures Trading Software Suggestions (on windows desktop and iOS)

    Read it perfectly fine but obviously you don't need any advice, all the best.
  16. B

    Anyone Made 100%+ a Year Consistently With Futures Or Know Of Anyone Who Has?

    Regardless of what the world wants everyone to believe, pyramiding does work because society is built on it, however it's a fundamental process which ebbs and flows meaning any attempts to create technical rules will fail, the only question is when not if. A lot can happen in that 'when', the...
  17. B

    Futures Trading Software Suggestions (on windows desktop and iOS)

    That is why you have Reuters and Bloomberg, MT isn't a real platform, TT we don't like the philosophy, CQG are not responsive to anything, eSignal data is a mess, we do POC in Tradestation because it's efficient. Team Viewer & MT and using Bloomberg & Reuters is an oxymoron, this can't be a...
  18. B

    Anyone Made 100%+ a Year Consistently With Futures Or Know Of Anyone Who Has?

    In theory if you get in from day one and leverage up you can generate exponential capital gains, but that almost never happens so you would be a statistical anomaly. The margins of error between success and failure are too small, hence why everyone focuses on income.
  19. B

    Averaging down in day trading - when to take a loss?

    You don't, the markets are perfected to make sure if you succeed averaging down a few times it will eventually evaporate your account. The simple point is you don't know when to use it and when not to, but that's the point. Averaging down is a fundamental process which breaks technicals, there...
Back
Top