"How the hell would you know how I traded to make such a statement ?"
Because of your previous statement which showed you know little about parameters. And for the fact that OP clearly stated his trading method is mainly by VWAP and you still again and again questioned OP's method. Also if you knew parameters you would know OP doesn't need to backtest long time past data, you have a lot of doubt on it because you never used it...
First to be clear...the OP explained
generally that he uses the vwap and s/r without any specific details nor did he mention any settings nor did I ask him about any settings or parameters.
I swear...I never asked any questions about the details about his trade strategy although a few others did do such along with making recommendations what he should be doing and two particular people even stated he's
randomly taking trades. In contrast,
you stated that
you had discussed the parameters which is what started your debate with me. Now you're stating the OP discussed them.
I never question what the OP said...I only question what you said to me.
To be specific about the conversation I had with the OP...I asked him about why there's no vwap or s/r in his live stream videos. In fact, I then asked him if they were on another monitor that's not in the live stream.
I believe the OP responded by stating they were in the videos or in an earlier video. I looked and could only find a few videos with a thick purple or light purple color line with no identification in the chart what that line was.
Here's an example, pretend I state I use price moving average crossovers. Someone then ask me what do I use. I reply by stating I use price moving average crossovers. How the hell would that imply he's stating his "parameters" to me ?
In contrast, if he states he's using a 10ema with a 50ema and when they crossover...that's his trade signal. Now he's talking about "parameters" (settings). Further, the OP never explain his parameters for the s/r he uses but he did say he fades them sometimes although he did not explain why he fades them sometimes.
I again question him about
where's the vwap & s/r in his live stream but he never (answer) the question.
You've now come along to pretend that
YOU and
I had a prior discussion about parameters. I will state again, YOU and I
never had any discussions about any parameters until today. In addition, you stated I
never use any parameters which is why I don't understand.
- I will say again to you...how in the hell do you know what I use to prompt you to say I probably never used parameters ?
Serious, if someone states they are using something...wouldn't you think it would be on the chart in the live stream ? It's not a complicated question.
There's are a few old videos in his Youtube channel that has a purple or magneto color thick line but there's no explanation about what the line is. I would then plot the VWAP on my own chart for the Emini NQ via the exact time frame he shows in his chart...the vwap on my chart is nothing like that line in his video for that particular trading day.
Yet, you should know that the VWAP has
different "settings". Those specific settings he
never discussed in this thread and if he did...please repost (quote) it for me and then please post the link to the video (since he's started this thread) that shows the VWAP in which he identifies in the video as the VWAP.
Regardless, I believe you're
lost in translation here via believing I'm questioning his use of the VWAP or S/R when I'm
not. I truly don't care about his trade signal strategy. Yet, I would like to see them actually use it.
In contrast, if you read my prior messages very carefully...you'll see that I've only question his position size management, over leverage, lack of understanding or underestimating the volatility (lots of warning signs), his psychology and the merits of live streaming. Also, I'm now questioning the distractions I see in some of his videos...he live streams on top (bottom left corner or upper left corner) of his Emini NQ live stream...poker games, video game and TV show)...maybe he did that because he's bored with trading ?
Once agian, never did I question his trade strategy nor do I care about it. I've been around long enough to know someone can have a profitable trade strategy but screw it all up because their psychology
or leverage
or position size management is inappropriate for the market condition.
With that said, if you believe he does
not need to backtest his trade strategy beyond "one month" as you stated while I stated he needs to go back to when he begin having problems with the volatility (October - December 2018)...
Good luck with that
one month of backtesting and I hope that's not what you're doing in your own trading...just one month of backtesting.
wrbtrader
