Scalping_My Way with ACV

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

  1. themickey

    themickey

    Nonsense.
    If you want to back test, fine.
    But I write algos and live trade them without backtesting.
    What's more important is no glitches in the coding.
     
    #551     Apr 4, 2023
  2. Overnight

    Overnight

    There's something I don't understand here as well...

    If the margin is set to $550 per contract, and you have $750 in account, then after entering the first contract, you'd have to be up $350 on the first contract in order to enter the second one.

    $550x2 is $1100. So you enter one contract, and you now have $200 margin left. Ergo, you cannot enter second contract until your open position reaches $350. In the MNQ, that one contract would have to be 175 points in the green before you could layer on a second position. I do not recall seeing that in your charts.
     
    #552     Apr 4, 2023
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  3. ZTrader888

    ZTrader888

    That's blatantly ridiculous. If you're writing an algo, you have to test it. What you're telling me is that you write a code, deploy it on a live account and then hope for the best. Sorry, it don't fly.
     
    #553     Apr 4, 2023
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  4. ZTrader888

    ZTrader888

    And that's if you don't encounter volatility intrabar. The whole scenario is ridiculous.
     
    #554     Apr 4, 2023
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  5. themickey

    themickey

    Shows how much you don't know!
    For some, possibly yourself, backtesting is trying out different time frames on indicators.
    "Let me try 22ma, nope, lets try 24, nope, oh maybe RSI 10, nope, dang...."
     
    #555     Apr 4, 2023
  6. themickey

    themickey

    Mate I've been trading longer than you've been alive.
     
    #556     Apr 4, 2023
  7. ZTrader888

    ZTrader888

    And maybe you and the OP should look up the definition of "strategy". It's a PLAN of action. You're creating something for use in the future. That means you need to know what happened in the past. The lack of analytical thinking here is astounding.
     
    #557     Apr 4, 2023
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  8. ZTrader888

    ZTrader888

    And that means you have tried over and over to make something work. And that "something" was an observation you made in the market, something that's redundant and repeatable. If you saw the same "something" hundreds of times, that's backtesting regardless even though you just looked at it.
     
    #558     Apr 4, 2023
  9. ZTrader888

    ZTrader888

    And that says everything I need to know because if you don't understand observation and testing, you sure as hell have wasted your time.
     
    #559     Apr 4, 2023
    SimpleMeLike likes this.
  10. themickey

    themickey

     
    #560     Apr 4, 2023