I HATE Algorithmic Trading Systems, Guessing Clicking is Easier

Businessman · May 28, 2025 at 4:50 PM

SimpleMeLike said:
FUCK ALGO trading with BIG SIZE HORSE DICK
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So I guess you didn't find any thing that can make 8 ES points a month over the long run then.

Sad. All those years spent doing research and no progress made.

An ES trading algo just needs to net 100 points a year to make you rich

SimpleMeLike · May 28, 2025 at 4:57 PM

Businessman said:
So I guess you didn't find any thing that can make 8 ES points a month over the long run then.

Sad. All those years spent doing research and no progress made.

An ES trading algo just needs to net 100 points a year to make you rich
More...

Hello Businessman,

Correct!! You are correct.

Nope, could not find that. Waste of good time and effort.

Programming and Back testing trading ideas over number of years is DUMB and STUPID. NOTHING works in back test, ABSOUTELY nothing!!!!!

Businessman · May 28, 2025 at 4:59 PM

SimpleMeLike said:
Back testing trading ideas SimpleMeLike is DUMB and STUPID!!!
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Fixed that for you

SimpleMeLike · May 28, 2025 at 4:59 PM

volpri said:
Discretionary is the way to go in my opinion. Human brain is way more powerful than any computer for trading purposes. And an added benefit is the adaptability of "on the fly" changes as needed.

Of course, this implies:

1) having setups with 55% to 60% directional probability that results from an understanding of price action patterns that form because of the buying and selling pressures within bars and groups of bars and correlating the PA of individual bars with the immediate context, intermediate context, and larger context of price patterns.

2) have workable strategies on what to do when things do not workout (other than just SLs). A scalper going for smaller profits is generally not using a very good R:R so he must have developed ways to get back losses quickly when they occur.

3) it implies embracing uncertainty as there is no escaping uncertainty because as traders, we can never have 100% certainty in trading because we can never know all the variables that constitute how or why a market is moving the way it is moving.

4) focusing on what the market gives when it gives it. Thus, grabbing profits and locking them in. If a move continues a trader can ALWAYS jump back in. A scalper must learn to lock in profits as they can dissipate faster than they appeared.

5) Instead of relying on capturing bigger moves ...by utilizing things such as trailing SLs..etc just grab what the market gives and instead rely on FOT or frequency of trades as small moves develops and go in his favor. If a trader is not finding enough of 50% to 60% directional moves on a particular TF then dial down to a smaller TF and there will be plenty of opportunities all session long.

I usually start with a 5m TF and will go down to a 10 second TF if I need to and if I am thinking clearly that session and need to find more trading opportunities. Again, FOT is where one makes up for not capturing the bigger 1 to 3 daily moves. As a scalper I had rather spend 1 to 2 hours or even less time on capturing smaller size moves vs sitting around for hours and hours waiting for a bigger move to erupt. Plus on bigger moves enduring multiple losses before a win comes around. I can usually scalp and be done by 10:30 or 11:00.

6) Focusing on maintaining a high win rate. That usually translate into small reward with a poorer that 1:1 initial R:R. Because a trader is capitalizing on the tendency of the market to oscillate rapidly on individual bars and nearby groups of bars. The odds favor grabbing a quick profit if one's SL is large enough to avoid getting stopped out before there appears an oscillation in one's favor. I do not know any successful scalpers that have a low win rate. The losses will wipe out the gains. Most traders who fail at scalping fail because their SL is too tight. Just remember in scalping initial R:R is not going to be good but the actual R:R endured when the trade is all over with often times is a good R:R. Because a trader caught momentum right after the entry.

Just a few of the ideas and principles I employ in trading. I stop in once in a while on ET but not here like I used to be.

Happy trading,

Volpri
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Good Evening Volpri

You nailed it. Easier to stare and click.

SimpleMeLike · May 28, 2025 at 5:12 PM

Businessman said:
Fixed that for you
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Hello Businessman,

I will accept that!! I am still clicking!!!

You can all me whatever you want to call me.

No one person on this PLANET can developed 1 ES trading system that has PROOF of scaling an account from 1 ES contract 100 ES contract in one year , year to year, the past 10 years!!!!

And the damn ES market prices move 23 hours a day!!!

And do not want to hear about this uncorrelated bucket of trading systems portfolio trading bullcrap. That will cost you about $400,000 off the rip.

SimpleMeLike · May 28, 2025 at 5:09 PM

Businessman said:
So I guess you didn't find any thing that can make 8 ES points a month over the long run then.

Sad. All those years spent doing research and no progress made.

An ES trading algo just needs to net 100 points a year to make you rich
More...

Hello Businessman,

You will not be able to find an ES trading system that will give you 8 ES points month to month over the past 10 years!!!

If you could, you would be rich many years ago!!!

Businessman · May 28, 2025 at 5:12 PM

SimpleMeLike said:
Hello Businessman,

You will not be able to find an ES trading system that will give you 8 ES points month to month over the past 10 years!!!
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I am aware of the Bell curve. Not every month or year for the algo will be profitable unless you have a HFT algo co located.

Otherwise you should expect losing months and also rare losing years.

Even Rentec Medallion loses 15% of months because they are not doing HFT.

SimpleMeLike · May 28, 2025 at 5:32 PM

Businessman said:
I am aware of the Bell curve. Not every month or year for the algo will be profitable unless you have a HFT algo co located.

Otherwise you should expect losing months and also rare losing years.

Even Rentec Medallion loses 15% of months because they are not doing HFT.
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Hello Businessman,

Who cares about what the heck Rentec Medallion? Are they putting money in your wallet and food on your table and millions in your account? NOOO

Rentec Medallion is a team of WELL paid Ph.D scientist and engineers with ONE job day to day, find systems that make money. It is their full time job and career to find systems, of course they will find something, and they can run +5000 systems together to make it work collectiviely.

I am referring to the guy/woman at home who only has 5 hours a week to develop 1 system to make them millions year to year. WASTE OF FREAKING TIME!!!!!

Businessman · May 28, 2025 at 5:48 PM

SimpleMeLike said:
I am referring to the guy/woman at home who only has 5 hours a week to develop 1 system to make them millions year to year. WASTE OF FREAKING TIME!!!!!
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There just aren't that many retail traders developing Algos as you think there are.

More people waste time doing 'click click click' trading.

Normally they last 3 days to 3 months assuming real money.

On Sim you can last as long as you want. Are you off Sim yet and trading real money?

SimpleMeLike · May 28, 2025 at 5:57 PM

Businessman said:
There just aren't that many retail traders developing Algos as you think there are.

More people waste time doing 'click click click' trading.

Normally they last 3 days to 3 months assuming real money.

On Sim you can last as long as you want. Are you off Sim yet and trading real money?
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Hello Businessman,

There is no other choice but manually trading.

Any other form of trading is a waste ot time