@virtusa It sounds like my Step #1 is to truly learn how to backtest properly. Which it sounds like means manually going back through the chart...
Do you use your script profitably?
Have you been able to find systems that work? Or have you came to the conclusion that algo trading is not the way to go.
I wonder if it's possible to account for all those errors and get the real results.
How do you know that the owner does or doesn't succeed in reality?
You seem knowledgeable and experienced... Have you ever personally back tested and decided to run an algorithm that has generated consistent...
Yea I'll have my answer in 12 months.
If you're so sure of a bull market, why not just buy ES futures with no other strategy than to buy and hold?
Are you back testing a lot now?
Are you able to give an example of this? Or link a web page or video that explains it?
I recently ran a backtest on NinjaTrader on 1minute charts over the past 12 months. I'm not even going to go into the details of the script...
I've had plenty of times where I was up big, only to hold on looking for more... And it turns around for a loss. I'm sure you have to. My decision...
With platforms that let you day trade ES with just $500/contract, the amount of money you could make/lose is unbelievable. For example, when I...
Yes. And remember that there's always a force pushing markets up and that is people's wishful thinking and their lack of other places to put...
Between the last week of August through mid-December, I profited $28,000 eyeballing ES trades. It would have been much more, but I took a $31,000...
If you're trading, it shouldn't matter to you if the market is going up or down. You can make just as much shorting a bear market as you can...
What do they start with? Eyeballing price action? Flipping a coin? Surely they had something to guide their initial opinions.
No. Why?
I'm currently trying to work out a reasonable strategy to start with. I have quite a bit of money to lose and I'm currently trying to change...
What's your personal exit strategy upon losing? Do you always stick to your original stop loss? Do you try to Martingale a few times before...
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