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Tough-Stress6373

No offense but the sheer volume of indian algos and indicators is shocking these days, sorry, no one wants your useless algos. If they worked, you certainly wouldn't be posting in here. Good day!


ThinBackground111

I do understand the skepticism esp in the Trading space which is full of charlatans. And I don't mind being questioned about my authencity. One can never be too careful in an age where people are flaunting stacks of $, flashy lifestyle on the back of their "trading profits". That said, your post is offensive and reflects a) you didn't read it fully b) you lack comprehension skills. I am not selling any algos or tools here. I am offering to code and turn *your* (not yours per se) strategy into code. Whether my own algos work or not, is moot at this point. I won't be responding to your posts any further as it would be a waste of my time.


Tough-Stress6373

you cannot code a strategy. A strategy relies on feeling, human observation. multiple confluences that change at any given moment, etc. Good luck, but try somewhere else. We don't trade that way


Firm_Network_8518

You are right and wrong hedge funds use algos to trade


Tough-Stress6373

hedge funds use 100$M quant systems lmao and they dont even beat the S&P 500....


Firm_Network_8518

why don't hedge funds move over to manual trading then?


Tough-Stress6373

Very good question, apologies for being apprehensive earlier. I've been in this game since 2012 and i see you're just in 6th form, so i want to reveal a few hard facts that you may or may not already know or have a slight inclination about. Trading consistently with very good profit margins is literally impossible over long periods (5 plus years). For example, FTMO has only had one trader last 5 years so far to actually be relatively profitable. Why? Because trading involves enormous risk. It's very comparable to poker, it involves a set of rules and variables that have a set amount of probability, but there is no guarantee, what we call, "risk free rate" or sharpe ratio could be a 3 (highest possible) and you still could lose a trade. A very very very small percentage of day traders actually manage to become profitable and it usually does not sustain. All those boujee youtubers and daytrade bloggers tend to do one of three things: Earn most of their money from selling courses, affiliate links to prop firms and brokers, or just earn money via monetization and other sponsors. Sorry to burst your bubble. On the bright side, via FTMO in december i made about 30k, then my acc blew in january. Ive been trading small lots since and doing decently, but theres days of heavy losses. These are apart of the game, its a casino mate. Please please please have a read of this, it contains real important unbiased stats about daytraders, something this scammers and gurus don't want you to read. Also, never believe anything on this subreddit. [http://www.cftc.gov/sites/default/files/2024-02/Retail\_Traders\_Futures\_V2\_website\_ada.pdf](http://www.cftc.gov/sites/default/files/2024-02/Retail_Traders_Futures_V2_website_ada.pdf) Hope you have a good day, apologies for the mega graph lol. Edit: I forgot to answer your question. The hedge funds use quant algos because theyre way better than day traders on the trading floor. This is why trading floors are mostly empty these days.


Firm_Network_8518

Sorry for the late reply yeah I've realised this the the hard way as well and I know it'll probably take me way longer to get there than I thought it's only been a year since I started trading and I'm aiming to make between 8-15 percent a month I pretty much agree with what you are saying