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Thanks @coincatcha I’ll be using expected value from now on cheers. Trend Turtle sounds like it could like the famous Turtle trading strategy. But agree in won’t overlook simple , cheers
I really hope that wasn’t $250k of losses, glad things are working out & thanks for the compliments on the video. 😊
@justisan thanks, an interesting point of view. I do largely concur, (Infact I’d given up until my friend started building an A.I bot which gave me more insight) but I also believe that indicators aren’t the lead or even reliable, but can be used to show what is happening/trending and likely to happen. There will be a lot of losses, but I only need that slight edge) The 1% bit is fascinating, I always suspected way over the % the platforms say lose.
I really liked Jim Simons book “the man who solved the markets”, an insanely intelligent bunch of people who failed many times, but eventually found very profitable systems.
I’ve pretty much designed my first bot, S&P 500 with just 2 indicators and a trailing stop, I’ll post it soon.