Scalping_My Way with ACV

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

  1. ZTrader888

    ZTrader888

    You're demonstrating total ignorance and a lack of common sense.
     
    #561     Apr 4, 2023
  2. themickey

    themickey

    You're a guy who's clueless!
     
    #562     Apr 4, 2023
  3. themickey

    themickey

    You're one if thousands of traders with no ability for lateral thinking.
     
    #563     Apr 4, 2023
  4. Overnight

    Overnight

    No, that's not fair themickey. Something doesn't pass the smell test here. See my post...

    https://www.elitetrader.com/et/threads/scalping_my-way-with-acv.68098/page-56#post-5790426

    If he said he was working with AMP-style day trading margins, it is believable. But he is clearly not as he prefaced his system with. You simply cannot take a $750 account and turn it into 10 grand in a few days on micros on a day-trading basis with those margins.
     
    #564     Apr 4, 2023
  5. themickey

    themickey

    From my understanding, OP's algo is a template, it's not what he actually trades.
    What it does imo is supply buy & sell signals, then he uses that as a mechanical guide only.
     
    #565     Apr 4, 2023
  6. Ask him to show his performance. Surely the calls posted on ET for index futures using the Mickey Mouse algorithm is worse than a coin flip and not applicable for accurate, leveraged trading.

    Maybe his actual performance is better, but that would be a surprise.
     
    #566     Apr 4, 2023
  7. Overnight

    Overnight

    The first chart in this post is what I was refering to, regarding his parameters. Look at his trade activity there, and compare it with his self-imposed restrictions. It doesn't make sense.

    https://www.elitetrader.com/et/threads/scalping_my-way-with-acv.68098/page-52#post-5789090

    On that chart you can see he seems to be short a total of at least 32 contracts at one point. That is more than 4, yes?
     
    #567     Apr 4, 2023
  8. ZTrader888

    ZTrader888

    Why would he do that? A performance summary would be a BACKTEST, and we can't have that! They guy is smoking some strong stuff if he thinks traders will fall for bs like that. Doesn't matter if you're a discretionary trader or an algorithmic trader. Everyone backtests to some degree or they're just throwing mud at the wall hoping that some will stick.
    The whole scenario is ridiculous.
     
    #568     Apr 4, 2023
  9. themickey

    themickey

    This thread has turned into a clown show magnet. I'm out ffs, can't convince clowns.
    The biggest mistake here is OP attempting to be benevolent at a circus.
     
    #569     Apr 4, 2023
  10. Overnight

    Overnight

    Well, maybe @VSTscalper can assuage my concerns about his algo, and the inconsistencies I have addressed. You back yet VST?
     
    #570     Apr 4, 2023
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