lol, I just enjoyed beating the markets from an early age. I enjoy thinking up ideas/strategies to beat the market. I might start giving some to others (ones that I can't see would remove liquidity for me or cause my stops to fight for a price).
What to do when you are ready to lose your mind from trading?
- Thread starter 7out
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lol, I just enjoyed beating the markets from an early age. I enjoy thinking up ideas/strategies to beat the market. I might start giving some to others (ones that I can't see would remove liquidity for me or cause my stops to fight for a price).
You need to go back and do more backtesting and re-examine your trades. How and why do you think your system would pick 80% winners? The reality obviously proved otherwise and showed you something different that you didn't see in your trading system so you need to find out what's the cause of this discrepancy Is it because you didn't backtest enough? How long did you go back to backtest your system? Did you backtest this system in all market scenarios, both positive and negative which is what we are in right now with inflations and this war?
Next, if you believe that your backtesting is adequate then there must be something that you are doing that is not the same as in your backtesting because if you are doing exactly the same as your backtesting, you should get exactly the same trading result as in your backtesting. Why aren't they reflecting your backtesting? You need to re-examine your trades. Is it an issue of your execution? Backtesting has perfect execution of all trades while in real-life trading, you have to deal with lags, market manipulations and etc. Is that the issue? Are you following your system exactly to the T? Maybe that is the reason?
I would be re-examining these issues trying to answer these questions if I were you during this downtime.
You seem to pick up on a lot of things. Different topic, but I'd be curious of your take on this. A retired military officer and now Boeing engineer "forgot" he had 9/11 footage and decided to release it as Russia attacked Ukraine. It's surprisingly good quality--looks more like a video from 2017. Remember they didn't have video cameras on cell phones at the time, so you had to carry around mini-camcorders then digitize the film. Slow downaround 5:57 just before the crash and you may notice some odd stuff. There's also weird, seemingly symbolic footage at the end, and the video abruptly ends at exactly 8 minutes and 46 seconds. The first tower was hit at 8:46AM and that number gets thrown around for several conspiracy theories. All a coincidence? Is he signaling something?%%
THOSE song words sound like they hinted for a PSAR, or spin it + win it/LOL[ I could not figure out which one came first, \ that song or PSAR\LOL
WELLS Wilder has some great quotes \ ''IF you cant deal with emotion get out of trading''
I like the Cowboy Carman video/they are bull riding\like an inverse ETFs \LOL '' Holding On,thru the flood, thru the blood''
Speaking of videos\never forget what the New Mexico game warden said ''bears are tough\
The New Mexico game warden said '' bears are tough''
9-11 Kevin's Video with raw audio (includes swearing) - YouTube
What is your sample size? If your sample size is small 80% is meaningless...
OP, Lots of good answers, just adding something in.
- Systems don't remain profitable forever, if market conditions change, your system must adapt to it.
- Human beings can make unprofitable trades more often than algorithms, a backtest that shows an 80% of winning trades implies perfect executions. A person cannot perform perfectly, so if you are picking trades out of signals bear in mind that you(as a person) can add a flaw to the system.
- That 80% will show up if you trade every single one of the signals that your system is giving you, if you miss signals and don't enter some trades your system has changed and you can't expect that 80% any more.
- I would rerun the backtest with the data you've got now, I am sure you will realise some points where you can improve.
- Systems don't remain profitable forever, if market conditions change, your system must adapt to it.
- Human beings can make unprofitable trades more often than algorithms, a backtest that shows an 80% of winning trades implies perfect executions. A person cannot perform perfectly, so if you are picking trades out of signals bear in mind that you(as a person) can add a flaw to the system.
- That 80% will show up if you trade every single one of the signals that your system is giving you, if you miss signals and don't enter some trades your system has changed and you can't expect that 80% any more.
- I would rerun the backtest with the data you've got now, I am sure you will realise some points where you can improve.
That was excellent.
%%
I LOOK for patterns anywhere.. .. .. .. I may pay attention more to numbers like 8:45, or 8,45, or 8,50. That US military officer most likely know things about the evil empireRussia, he cant tell.
Those kind of airline attackers in that video whipped the evil empire Russia in Afghanistan\or wore them down so much they finally left.
What timeframe charts are you working this setup with?
