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7932506 No.7932506 [Reply] [Original]

>tfw after 10 months of learning about TA and indicators I finalized my trading strategy today
>backtest it on tradingview for january and february
>71% profit and 47% profit
holyshitholyshitholyshitholyshit
am I dreaming?
is this real?
i cant believe this
where is the trick
WHERE IS THE TRICK THIS CANT BE REAL
is this it?
did I make it?

>> No.7933367

>>7932506
This gives me hope

>> No.7933385

>>7932506
>predicting the past
woah, so this is the power of TA

>> No.7933387

>>7932506
now its time to front test it and get your nuts ripped off

>> No.7933465

>>7933385
>>7933387
it turns a profit for every month
why would it suddenly not work for march for example when even in these 2 shitty months I made profit?
do you even know how stupid you sound?

>> No.7933499

share your method for a brainlet

>> No.7933503

>>7933465
you sound broke.

>> No.7933511

Congratulations bro
You're gonna make it

>> No.7933512

>>7932506
What's the strategy?

>> No.7933514

Just do it already fag

>> No.7933516

>>7933385
lmao

>> No.7933544

>>7933499
>>7933512
sorry but no, I won't share this for free, especially before even trying it out
>>7933385
also you dont know what backtesting means you fucking brainlet fuck
>>7933514
I report back in a few weeks if it actually works as it should

>> No.7933554

>>7933544
I know what it means, it's a joke brainlet
TA is still dumb

>> No.7933560

>>7932506
>i found a method today that works over the past 2 months
>nobody has ever tried this before i am a genius it's so easy to make money

>> No.7933582

>>7933560
it works for the past 12 months, I just mainly focused on the shitty bearish months, because that's the real test, nobody cares if your strategy works in a bullrun

>> No.7934036

>>7932506
Just follow the 4hr MACD lol.

>> No.7934119

if TA works how come there are no TA billionaires?

>> No.7934199

>>7934119
how do you know there aren't?
>well, they'd tell us!
why?

>> No.7934279

>>7934119
francis hunt nigger

>> No.7934375

I've also been developing a daytrading strategy lately. Been backtesting on Tradingview and it has a shocking good success rate. I started paper trading using Tradingview so I could test it in real time and am up quite a bit in just a couple of days. The strat seems like a winner.

I'm too much of a chickenshit to try it for real yet though. I feel like as soon as I try it on a real exchange it'll stop working, as things tend to do. I also feel like I need to do more thorough backtesting and optimizing before I go live with real money. I want to feel certain before I go live. Thing's aren't quite ready yet, but if this pays off like it has in my testing so far, it's goodbye wagecuckery forever

>> No.7934406

>>7934375
try it with a small amount at first?
if its working keep adding more and more?
???

>> No.7934451

>>7934375
Do a percentage of what you'd normally do - if you can't afford to blow $100, then why are you even bothering to study it? Throw $100 at it. If it works, you have your proof that it's a viable (but not guaranteed) strategy.

>> No.7934573

>>7934406
that's my plan. First, paper trade on Tradingview while also backtesting. If after a thorough backtest things look promising and I'm successful with a couple weeks of paper trading, I'll start with some small bets and scale up as I gain more success.

>>7934451
well in my testing the strat seems to work more than 70% of the time (for at least some small gains). But in my testing it occasionally happens that I get 2 or 3 losses in a row. In paper trading I know that one decent sized win can offset 3 losses, but when you're staking actual money, it affects your emotions. I might start getting nervous after consecutive losses and wuss out on making trades or start deviating from the strat. Trading with actual money changes your psychology. That's why I want to go into it with high confidence that it'll work.

>> No.7934595

>>7934573
my strat gave me 12 trades for february so far
10 were "buy low sell high"
only 2 were "buy high sell low"

>> No.7934680

>>7934595
nice, that's impressive. I'm hoping that as I gain more experience trading I'll be able to better refine things and improve my success rate or at least limit losses more.

It's one thing to backtest a strategy but it's another to actually execute it in real time. That's why I want to get experience paper trading before I start staking actual money.

>> No.7934704

>>7934595
Any advice on learning to day trade anon? Any books to read or videos to watch?

>> No.7935634

>>7934375
Man, make up a Monte Carlo script with your results and simulate your backtesting results, losses and all. Then get an average of what your profit should be in a few months

>> No.7936009

>>7935634
good idea. Appreciate the suggestion.

>> No.7936192

>>7933465
It literally gave profits for one month out of two. 50% chance so far. Flip a fucking coin.

>> No.7936204

https://www.reddit.com/r/CryptoCurrency/comments/8007sp/asset_tracking_solution_airdrop/

>> No.7936236

>>7933465
It looks like you don't understand what "front-testing" is

Strange that you sound so defensive.

>> No.7936296

>>7934119
https://en.wikipedia.org/wiki/Paul_Tudor_Jones

You shouldn't talk about things you don't know anything about.

>> No.7936315

Cindicator. try it. it prints money for you with its calls. ive made 50% of my portfolio in a month from it. not every call is a winner, but the high percentage ones that it gives are usually always right and go far beyond the target levels.

>> No.7936334

>>7936192
??? he said 71% profit and 47% profit. You brainlet or something?

>> No.7936363

>>7936315
how much do you need to invest to get their calls?

>> No.7936370

The joke is that btc went 10x in the months you spent figuring out how to go 2x, r-right?

>> No.7936429

>>7933465
It's called overfitting.

>> No.7937476
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7937476

>>7936370
lol this

>> No.7937786

>>7933465
>Two months
wowee

>> No.7937890

backtesting is without Bogs, good luck anon

>> No.7937917

>>7933465
kek you're in for a treat once its live.