Why does it always rain on me?

Discussion in 'Trading' started by Blitzjoker, May 22, 2022.

  1. ph1l

    ph1l

    Maybe because someone else might point out that equity curves like this
    upload_2022-5-25_22-49-24.png
    sometimes turn out like this.
    upload_2022-5-25_22-54-46.png
     
    #71     May 25, 2022
    SimpleMeLike likes this.
  2. Millionaire

    Millionaire

    Are you hinting that SimpleMeLike is developing some sort of Martingale system?

    The equity curve that was posted does raise a few red flags:
    • After recovering from drawdowns it stops at the up trend giving a linear overall chart
    • Each drawdown seems to be an almost perfectly U shape
    • There are no double dip drawdowns
    It does seem like some combination of martingale and curve fitting :confused:

    [​IMG]
     
    Last edited: May 26, 2022
    #72     May 26, 2022
    HawaiianIceberg and SimpleMeLike like this.
  3. Good Morning ph1l,

    Lol hahahaha I certainly hope that will not happen to me for this algo. but I think if it runs for about a good 3 years could reach a million dollars.
     
    Last edited: May 26, 2022
    #73     May 26, 2022
  4. Good Morning Millionaire,

    Good input. Not alot I can do about the drawdown. I am just glad it recovers from a drawdown. I did not use the Optimizer with NinjaTrader on this algo. I just try a bunch a parameters and like this curve alot. It can make alot money.
     
    #74     May 26, 2022
  5. don't worry...i don't see any elite traders in this forum making $1 million or more/year doing trading...otherwise they won't spending and wasting time posting in this forum like me...lol
     
    #75     May 26, 2022
    comagnum and SimpleMeLike like this.
  6. Morning vincentnyc,

    Lol , you may have a point buddy.

    I think a few are making the big money on this forum. I want mention their names to protect them.

    When I making +$XXX,XXX per year or +$X,XXX,XXX per year, I will still be on this forum to help and guide other traders in the trading industry to avoid being scammed and just getting on the right track. That is the least I can do.
     
    #76     May 26, 2022
  7. Millionaire

    Millionaire

    If i made $1 million a year i would still post on ET.

    I have made that much once in the past: mid 2008 to mid 2009 was my best 12 months ever.
    Don't make that much these days, although the last few months have been very good :)

    Elon Musk makes Billions every year, and has 4 companies to run, but he still shit posts on Twitter.
     
    Last edited: May 26, 2022
    #77     May 26, 2022
    Leob and SimpleMeLike like this.
  8. Hello Millionaire,

    Yes, I will definitely still post once millionare trader. I like ET forum. I have had some great and awesome help here on this forum. Good place to hideout from the scammers in the trading industry taking the money away.
     
    #78     May 26, 2022
    Leob likes this.
  9. Millionaire

    Millionaire

    Except the few that become sponsors on ET.
    Ok, maybe none of the sponsors here are outright scammers, but some are confidence tricksters and snake-oil vendors for sure.
    I wont mention their names either ;)
     
    Last edited: May 26, 2022
    #79     May 26, 2022
    SimpleMeLike likes this.
  10. What's up Millionaire,

    You right buddy. I do not believe anyone selling trading courses and trading systems is making money trading themselves. They lying and making money from selling trading products.

    Do not ever forget the other $1,000,000 making money trading equation:

    1000 trading customers

    $1000 cost of trading product (e.g., trading course, mentorship, trading method, algo, system, trading pig, trading brush, trading book, trading video, trading consultant, trading chat room, etc etc.)

    $1,000,000 = (trading customers) x (cost of trading product)

    $1,000,000 = 1000 x $1000

    hey trading seller "Can I see your live account or broker statement"......."that is illegal and non of your business" :p:p:p:p:p
     
    Last edited: May 26, 2022
    #80     May 26, 2022
    Millionaire likes this.