Hello iamnewuser911,
I would recommend learning to program trading strategies you think will make you money over time and then back test them.
Back testing a programmed strategy will save you alot of time and you can see the results of the back test faster.
If you want to manual back test...
Hello,
My opinion is there is no problem investing in Bitcoin, just make sure it's an investment you can withstand losing all of it. I invested a small portion, just to say I did it. If it goes up, good. If it goes down, oh well.
Good post Surpise,
And this is the reason why its difficult for a normal everyday hard working person to make an substantial investment in Bitcoin. Its just too complicated and the risk of losing my money outweights the reward. I made $400 investment in bitcoin just for day trading with the...
Pekelo, that was really funny:D:D:D:D:D "It is a collector's item!" I trade you a few penny stocks I am holding the bag on begging for a buyer to appear going on 4 years now. LMAO
So you don't believe Bitcoin is going to $1 million dollars one day and everyone who held will be filthy rich.
Hello,
Few questions
1. Where do you find trading strategies to program and back test?
2. Do you manual backtest first the strategy for about 50 trades for understanding of the strategy or just go straight to programming?
Thank you
Thank you,
Yes this is what is am doing, look for the strategy online, then test out for understanding with some sim or backtest.
This is for trending strategy only. I get strategy from online Google just testing out.
Please see the picture. I took screen shot cause at work now and can't get...
Thank you lcranston,
Why so many strategies I see only say indicators can be used for 2nd confirmation that price will continue to rise after ema cross? I am not sure I understand.
Hello,
I have been looking for trading strategy involving EMA cross with MACD as a confirmation. I see alot on the internet. Basically, buy when 2 EMAs cross and MACD above 0. Opposite for sell.
Can someone please explain (with a visual example) with an example how the MACD confirms an EMA...
Simples,
It's an understanding conversation. Ideally, I would have to trust the backtester simulation is performing correctly.
One idea is to use NT market replay strategy in 5x fast forward. If I find a strategy that pass the criteria checklist to move forward to forward testing, I run it...
Hello Simples,
Thanks for the input and detail response.
I have notice the backtest results will lie to me when testing strategies with small profit targets or stop loss (scalping strategies). So, to avoid this, I simply build intraday strategies where the profit targets and stop loss are...
Simples,
So why do you back test then? Does back testing not give you a sense of edge or higher probability of winning? Is it not about placing the odds of making money in the future in your favor?
Hello Simples,
What do you mean by "When you look at charts you become biased, assuming that chart will repeat itself. It will never repeat, so one need to generalize more."
Simplify things a bit here. No need to make complicated.