Scalping_My Way with ACV

Discussion in 'Strategy Building' started by VSTscalper, Apr 27, 2006.

  1. Overnight

    Overnight

    Backtesting is pointless. @SimpleMeLike just proved it with his NT8 summary screenshot.
     
    #501     Mar 31, 2023
    SimpleMeLike likes this.
  2. Hello themickey,

    Thank you for responding.

    Question:

    How will you know manual trading method works without programming and back testing it?
     
    #502     Mar 31, 2023
  3. ph1l

    ph1l

    #503     Mar 31, 2023
  4. Overnight

    Overnight

    #504     Mar 31, 2023
  5. ph1l

    ph1l

    True, for those who don't learn from their mistakes.
     
    #505     Mar 31, 2023
    Laissez Faire likes this.
  6. Overnight

    Overnight

    I certainly did, which is why I have not been able to ride this nice NQ ride north. I am still underwater on the MES trade. Based on what I saw in the past, and the shit I did? No sir. Need to let the bull flesh itself out. We need Powell to say we are in pause mode. Then the bull can continue unabated.
     
    #506     Mar 31, 2023
  7. Hello Overnight,

    lol, I did not prove back test is worthless.

    I like to use back testing software and will continue to do so.
     
    #507     Mar 31, 2023
  8. themickey

    themickey

    Using common sense.
    Think about that statement carefully.
    Everyone sees something differently.
    Al Brooks might describe his methods, but only a very small population of traders will relate to it. (I'm no fan of Brooks).
    YOU need to design your own system and only you can do it with your brain.

    SLM, you have obviously been trading for some years, now it's time to discard all further reading of trading books, now it's time for you just by yourself and your imagination determining how you want to trade, how you make sense of squiggly price action.

    Write it all down, what you know works and doesn't work, then like a jigsaw puzzle, over months or years, begin putting it together.
     
    #508     Mar 31, 2023
  9. Overnight

    Overnight

    You like to backtest and will continue to do so. Will it help you make money on your live account? If so, more power to you!
     
    #509     Mar 31, 2023
    SimpleMeLike likes this.
  10. Hello Overnight,

    I will respond to you tomorrow on the trading.

    I am singing this song to a woman right now trying to get her "see it my way" and get her black ass over here NOW, so the dog can play with the cat.

    You do the same to a woman tonight and lets get our mind off trading for the night.




     
    Last edited: Mar 31, 2023
    #510     Mar 31, 2023
    themickey likes this.