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Millionaire in 10 weeks & Conversation with broker
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Millionaire in 10 weeks & Conversation with broker

  #181 (permalink)
Montreal
 
 
Posts: 128 since Jan 2013


marc2c View Post
I wish you the best of luck with your strategy and I hope you can succeed! It's a big challenge!


Thank you, I totally agree, I never said it will be easy. We have some roller coasters ahead of us but we'll get there.

 
  #182 (permalink)
Kannapolis, NC
 
 
Posts: 1 since Apr 2019
Thanks: 253 given, 1 received

Backtesting vs walking forward

I think what no one has said is that most of have been able to come up with an automated system that shows equally impressive backtesting results, and then found that it does not translate to real time (even real time sim) trading. This seems especially true for systems based on range bars, since the bars are formed after the fact.

If you want to gain some credibility, post the trades as soon as they are entered in your sim account (15-min delay), e.g, BEFORE you know if they will work out or not.

Best of luck,

Zogger99


ratfink View Post
@MerlinWorld

Biggest mistake you made (and it happens often) is to create a thread with this sort of title.

Best advice I can offer you is to join FIO elite, it's worth it many times over, create a journal with a less provocative title and just get on with the business one or two trades at a time being honest with yourself every day of the job. It isn't easy. In a small account I did 20X in 3 months with 170 trades, then blew it up completely and I'm still trying to recover the psychology after three years in sideways la-la land.

I really wish you the best, highly recommend you close this thread and start over in a new journal, walking softly.


MerlinWorld View Post
There is a HUUUUUUUUGE difference between learning from a tip or two from you and being told to sit there, shut up and listen and being brainwashed by things that I've heard 100 times in my past 14, then again 15 years because I started learning about Futures in 2004.

Right now, I need programming help to convert my code and then I will need help to find the best entry points and that's about it. I don't need anything else.


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  #183 (permalink)
Montreal
 
 
Posts: 128 since Jan 2013



Zogger99 View Post
If you want to gain some credibility

I'm NOT here to gain credibility or make friends. I don't really care what you all think of me, I already had a pretty good idea when the thread exploded to 5000+ views and I had receive NO positive feedback yet and now we are borderline 10,000 in just 4-5 days.

 
  #184 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 47,642 since Jun 2009
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  #185 (permalink)
Montreal
 
 
Posts: 128 since Jan 2013

Here's what I will do...

Because maybe not to you but to me, A LOT of those thread are not about "helping me" but more about "indoctrination" I will stop replying to the majority of posts (99%) that I don't like.

This way, this community will regain it's tranquility.

How does that sound?

Merlin

 
  #186 (permalink)
Legendary Market Wizard
Chicago Illinois USA
 
Trading Experience: Advanced
Broker/Data: IB, ToS
Favorite Futures: /ES, US Equities/Options
 
wldman's Avatar
 
Posts: 2,743 since Aug 2011
Thanks: 1,432 given, 5,002 received

Hey...

@Big Mike

I suspect that this has gone on long enough already, don't you?

Is there a chance that people see this kind of thread and judge the entire forum by this content?

This is after all, a "guest" here. It is just my opinion, but it seems do do more harm that good.

Of course, I defer.

-Dan

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  #187 (permalink)
Legendary Market Wizard
Amsterdam, The Netherlands
 
Trading Experience: Intermediate
Platform: Ninjatrader 8
Broker/Data: NinjaTrader Brokerage
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GruttePier's Avatar
 
Posts: 1,442 since Dec 2013
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Millionaire in 10 weeks & Conversation with broker


MerlinWorld View Post
Aaaaannnnnnnddd that's how you lose your shirt.



Go go go go go trade trade trade Buy Sell Buy Sell Buy Sell wait whaaaaaaaaaaatt?? What do you mean margin call????



No more funds in my account??? How did that happen?? Hhmmm..









I just talked about it in my last post.



1- Convert my 2 clouds indicator in C# to fit in my MultiCharts trading platform (being done as we speak)



2- Install this indicator in MultiCharts M2K chart



3- Brainstrom with "positive" programmers/traders as to where would be the best entries related to this indicator, because in case you don't know, an indicator DOES NOT make you a kick ass Trading System and without a VERY good system (kinda like Tim on TradeStation who went to the Million mark in 10 weeks with his system) this indicator and myself and everyone involved are going nowhere.



4- Backtest every good idea until we make our 5 pts profit on most days in a row



5- Sim/Paper trade



6- Buy a HUUUUUUGE $25 M2K Micro Russell 2000 contract and gamble away my life's nest egg.



7- Crash and Burn, roll into a ball in the corner and cry, crawl back to the forum, receive 2,453 "I TOLD YOU SO" forum and PM msg, signup up for the Elite Club, be brainwashed by "Real Expert Traders", come back out and become a billionaire because NOW... I will know how to trade. Right guys??



..... #7??? pffff in your dreams, over my dead body.



Merlin


Your believe that an automated strategy around this indicator will make you a millionaire in 10 weeks shows to me that you are still a rookie.

Not only should you get banned for rude behaviour on this neat forum, but also for keeping the dream for newbies alive that an indicator will make you rich.

You are also spending way too much on this forum, while you’d be spending your valuable time in learning and finding an edge with this indicator if you really believed in it.

I believe you have other intentions than finding a developer to code for you.


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Last edited by GruttePier; August 1st, 2019 at 02:34 AM.
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  #188 (permalink)
New York, NY - Tel Aviv, Israel
 
 
Posts: 8 since Dec 2016
Thanks: 2 given, 9 received


MerlinWorld View Post
Yes I know, I know.

Why do you think I waste my time here answering all those questions. Finally some programmers are jumping in and will convert into C# the EL code of my 2 clouds indicator AND THEN we will start to program a strategy around it AND THEN we will post backtests AND THEN improve the strategy AND THEN when/if we find something interesting we will post lots of screenshots like this.

Patience my friend...patience.

Merlin

And then you will offer us to buy it from you......? Just asking......

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  #189 (permalink)
Montreal
 
 
Posts: 128 since Jan 2013


Energu Trader View Post
And then you will offer us to buy it from you......? Just asking......


Nope, I never like people who did that. If you have a money making machine as a system, why the hell would you charge people for it $299, $999, or even $25,000 when you can trade the next day and get it yourself without the hassle of pushing some sale down people's throat.

Don't worry, I will come back here and post screenshots of this system once it's built as long as this thread is not deleted and I'm not banned which seems almost inevitable by now.

 
  #190 (permalink)
Legendary Market Wizard
Chicago Illinois USA
 
Trading Experience: Advanced
Broker/Data: IB, ToS
Favorite Futures: /ES, US Equities/Options
 
wldman's Avatar
 
Posts: 2,743 since Aug 2011
Thanks: 1,432 given, 5,002 received

Hey man...


I admit that I'm in a small minority of people that wish you would temper your approach but the only way you will get banned is if you violate the wildly accepted and hard established decorum here.

EVERYONE here wants you to succeed in trading, and be happy in life.

You are hyper defensive, insecure and disrespectful. Those are hallmarks for some situation or something that you have been through in life...something that none of us know. Most of us can deal with that in a reasonable way. Really the guys that have been here a while have seen it all.

There are two things that I am trying to save you from and before you rage on me for saying that, consider, what from my experience would make me care at all about your outcome?

First, your arrogance smacks of foolishness. You think that it is enthusiasm for some certainty or edge that you have worked out in your project. This will lead to your ruin. That leads to the second...

There are a fair number of active members here that have a literal shit ton of experience across a diverse skill set. ALL of those people, to a man, will go out of their way to help you. You hear that as tell you you are wrong and sit down, shut up...whatever.

I'm asking you to amend your way of thinking, not your ideas about trading or the markets. If you can get to a place where you search out value with a spirit of gratitude and consider things fairly presented you will be able to dismiss things without harm.

If other members think that I have mis-characterized this or that my "advice" is not accurate I will happily submit to those considerations. If guys think I might make some sense, maybe they will say that as well.

If, on the other hand, you have found programmers to meet your perceived immediate needs maybe you will move on in short time as the forum's first Ten Week Merlinanaire.

Either way, All the Best, man. Be well. Trade well, and do well.

-Dan




MerlinWorld View Post
Nope, I never like people who did that. If you have a money making machine as a system, why the hell would you charge people for it $299, $999, or even $25,000 when you can trade the next day and get it yourself without the hassle of pushing some sale down people's throat.

Don't worry, I will come back here and post screenshots of this system once it's built as long as this thread is not deleted and I'm not banned which seems almost inevitable by now.


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