Two Questions For Practicing Day Traders

Discussion in 'Trading' started by ironchef, Oct 6, 2023.

  1. padutrader

    padutrader

    he does not have clients and he is not touting for clients
     
    #271     Nov 5, 2023
    SimpleMeLike likes this.
  2. Darc

    Darc

    SimpleMeLike is a Grub.

    One of his quotes

    ""I live in America man, I wanna be rich and trading is the best legal way to get rich. I would sell drugs, but the edge is not there anymore like it use to be. I seriously thought about lying and scamming traders and selling fake trading algos or some fake trading strategy, but the marketing cost to scam traders out of their money is wayyyyy above my budget. I may do it later. I do not know anyone that can give me some insider trading information on a stock, So I better get to clicking."

    He has said he wants $2 million from the U.S. Government for mistreatment of Blacks in years gone by, even though SimpleMeLike is an Immigrant to the U.S. SimpleMeLike has said he plays the Race Card at every opportunity to get ahead. He hunts defenseless Animals, trolls this Forum, the list goes on.

    SimpleMeLike doesn't deserve to be in Society let alone on this Forum.
     
    #272     Nov 5, 2023
  3. padutrader

    padutrader

    i agree

    this is a trading forum not a 'get rich' forum.
     
    #273     Nov 5, 2023
    Darc likes this.
  4. padutrader

    padutrader

    i know him for a long time and even shared screen and discussed charts with him, one to one.

    he is very passionate and a devoted trader.

    So he may have made some posts when he was frustrated.

    i too have bad mouthed Brooks, many a time when things did not work out for me.

    it is unforgivable but understandable in this, dog eat dog NASTY WORLD.

    but this need not be a nasty dog eat dog forum,

    we can help each other

    we can
    definitely encourage each other.


    trading is a lonely dog eat dog business, but we can pretend to have some empathy with other struggling traders.
     
    #274     Nov 5, 2023
    semperfrosty and SimpleMeLike like this.
  5. Hello ironchef,

    You are good person I notice from your post and you trying your best.

    Please believe me when I say this sir: Never in your LIFE trust a back test posted on ET forum from ANY member. One more time with great emphasis, any back test you see on ET is a lie and curve fitted and fake.

    Any back test you see on ET forum is a flat out LIE. The person posting the back test to you is lying to you for whatever reason or bragging.

    I program algos and I back test them alot. Trust me why I say this, I can scam many traders out of their hard earn working money and their savings account with a fake back test. I can show you a back test that will make your dick rock hard. But I will not do that, cause I am not a liar and/or scammer.

    FYI. I would not tell anyone else on the forum what I just posted, but I know you a good guy who is seriously looking for help. So be careful who you talking to.

    You better take my advice on this sir.

    I would never in my life post an back test of an algo I am trading with my real hard earn money. Finding Edge in this market with an algo is seriously hard work, noone will ever ever ever ever ever in a million years share it with you. EVER. NEVER EVER. Stop seeking and stop asking for help. You are not going to get it on ET.

    Click buy or sell button with your eyes and good guess, or learn to program and back test yourself. That is your only 2 options of making money day trading. noone is going to help you or give you any answers.
     
    Last edited: Nov 5, 2023
    #275     Nov 5, 2023
    hilmy83 and ironchef like this.
  6. padutrader

    padutrader

    yes you just have to optimize the bloody thing to hell and back !!!!
     
    #276     Nov 5, 2023
    SimpleMeLike likes this.
  7. padutrader

    padutrader

    you must find the answers yourself

    but before that you have to find the [correct] question.

    to ask the correct question you have to be educated in TA or at least have enough knowledge of TA.
     
    #277     Nov 5, 2023
    SimpleMeLike likes this.
  8. padutrader

    padutrader

    Trading is simple

    but it is also hard work
     
    #278     Nov 5, 2023
    SimpleMeLike likes this.
  9. ironchef

    ironchef

    Let me offer several observations in defense of @VSTscalper:

    1. He has been an ET user since 2006, not a fly by nighter or a one timer.

    2. He is not selling anything, simply showing us his Sim algo with outstanding results and kind enough to invite us to observe how the algo works in real time. I am going to assume he is sincere & genuine until proven otherwise. No different than I assume all other posters here, including you are sincere and genuine until proven otherwise. It is called Trust but Verify.

    3. Why is he offering to us to observe his trades? Many reasons not related to money: I post to seek help, look for fresh ideas, others to show off, others to pass time while trading, others to troll.... to each his own.

    4. We all know that back test results are always better than Sim, Sim better than small size live, small size live better than full size live and finally full size life better than super full size live.... No surprise if live trade of @VSTscalper's algo is not as good.

    5. Let's give credit where credit is due: A great Sim result is a great starting point.

    6. After I am done with my trend following trial, I am going to find time to take a look at the concept, not just his algo, and see if and why it should work, perhaps create my own algo to improve on the concept?

    A few more comments:

    1. Often it is not the poster that counts, it is the ideas of the post that count.

    2. I sometimes made fun of @padutrader, @murray t turtle and @SimpleMeLike not because I don't respect them but because I enjoyed reading their posts, giving out ideas left and right. :D

    3. Why I enjoyed reading them? They made me think really hard and some ideas actually worked. :finger: Whether they are good traders or bad traders are immaterial to me.

    Peace and best wishes to all.
     
    Last edited: Nov 5, 2023
    #279     Nov 5, 2023
    schizo and rb7 like this.
  10. ironchef

    ironchef

    That is sage advice.

    One of the triggers for me turning the corner was your post that told me: Just click, click, click.....
     
    #280     Nov 5, 2023