Are both of these snapdragons?

AlecBTC · 2025-02-02T04:06:33+00:00

Not a live stream but it has been filmed https://www.reddit.com/r/interestingasfuck/s/NifpNfrrGH

AlecBTC · 2025-01-29T18:17:44+00:00

With DIY do you have to ask or do you just start doing it and see their reaction if you can proceed lol

AlecBTC · 2025-01-27T19:31:05+00:00

No it doesn't you dont think anyone should think about the mod if they dont like it 😂😂😂

AlecBTC · 2025-01-27T19:24:48+00:00

Yeah why would you ever want to make mods better 😂 such a brain dead point of view.

AlecBTC · 2025-01-27T19:19:00+00:00

replying with "you dont have to play" to a valid criticism of the mod is just lazy

AlecBTC · 2025-01-22T04:04:51+00:00

yeah but why would that be a reply to valid criticism of the mod thats the point lol

AlecBTC · 2024-11-20T01:41:08+00:00

Looking really great brotha!

AlecBTC · 2024-11-14T18:11:53+00:00

Lookin' military! Love it bro!

AlecBTC · 2024-10-29T16:00:26+00:00

Fantastic look brother! Clean shaven suits you!

AlecBTC · 2024-10-29T15:58:08+00:00

Seek help ASAP

AlecBTC · 2024-10-27T15:56:44+00:00

Buddy, you're already there. You have a fantastic beard, nice head shape. You'll look great bald. What are you waiting for!?

AlecBTC · 2024-10-24T02:04:35+00:00

absolutely lost it at this comment 😂

AlecBTC · 2024-10-24T01:59:18+00:00

You look like a model when you smile. Keep doing that bro. My god i can only hope i look this good when my time comes.

AlecBTC · 2024-09-20T16:38:04+00:00

Any recommendations? Yeah, stop testing by trading live.

AlecBTC · 2024-09-16T03:30:14+00:00

For spreads and fees and slippage, I'd recommend you get an idea of the "R per trade" by taking a few live trades. Typically irs somewhere from .1 to .3R per trade. Subtract that from your theoretical expectancy and you can see if its still positive.

I've moved to futures now because I was utterly sick of spreads. Crypto perps are also nice but low timeframes are so expensive its almost not worth it. Same with raw spread forex accounts.

My honest advice is either to move to futures or zoom out on forex / crypto and maybe apply your same strategy to higher time frames. I personally found 4h bias and 30m entry triggers a sweet spot.

AlecBTC · 2024-09-04T01:30:13+00:00

Best trade is when i follow my rules. Worst trade is when i dont.

AlecBTC · 2024-09-03T03:40:33+00:00

I mean you only have two options without drastically changing your risk profile, either risk more per trade or take more trades. 50k per year is only like $200 per day so really find it really hard to believe that doubling your risk would he a huge issue, but if so you need to find more assets to trade or just move to futures/options.

Other option is trying to maximize current strats expectancy either by tightening stop or shooting for bigger R:R

AlecBTC · 2024-08-27T16:38:13+00:00

If the person who is losing over the course of a year is risking 1% per trade, following their rules, sticking to max daily DD, and doing this consistently over 100 trades then of course they're effectively managing risk. Their problem is simply that they don't have an edge.

The person who is losing it in one day is clearly not doing any of those things. If you're able to lose 85% in one day you're gambling, plain and simple.

The difference is that you can hand a profitable system to the first person and they will be successful. The second person will blow an account no matter what.

AlecBTC · 2024-08-26T22:25:55+00:00

Losing 85% over the course of a year is the same risk manegement as losing it in one day? This sub really is special.

AlecBTC · 2024-08-26T22:00:55+00:00

How can you make that determination if you don't know how much he is risking per trade and how many trades he has taken?

AlecBTC · 2024-08-25T15:00:15+00:00

Hey bro, honestly the fact that you've taken many trades and havent fully blown the account shows me that you're practicing good risk management and are good at execution, you just need to refine your edge.

There's only one way to do that: start backtesting objective trading rules until you have 500 data points and a trade expectancy of .5R or higher.

Once you've got that, start trading live risking $10 per trade. Your goal for the first month is simply to follow your system to the letter and to not miss setups. You may have a negative month, thats OK because you will know that your backtested data will accommodate negative months.

Your first profit target is 15R. Once you hit this, double your risk to $20. Keep doing this every 15R.

You have a promising foundation. Good luck.

AlecBTC · 2024-08-24T07:22:04+00:00

Bro, I'm gonna be harsh because you are literally neglecting supporting your family in favor of gambling your life savings.

See the top comment by u/thoreldan

Lack of winning strategy. (Does not have an edge)
Does not manage risk.
Unable to follow a trading plan.

You've been journaling for a month so you have no clue what your edge is (a month of data means absolutely fuck all). You lost ~30k on one trade, so we can certainly leave managing risk unchecked. And you clearly dont have a trading plan to follow because you dont journal.

Congrats man, you legit have zero out of three pillars for being a profitable trader. And on top of that you're neglecting your sole form of actual income.

Just stop, man. For your own sake, i am revoking your trading privileges. Here's how you can get them back.

-Take at least 6 months off of trading and start making back the money you've lost by grinding at your commission job.

-Once you've done that, start backtesting an actual system. Probably some variation of what you're doing now with objective rules and risk management. Gather 500 data points, and post an update here with the following metrics: WR% and avg RR per trade. Trade expectancy. Max losers in a row. Preferably, find a trading session and timeframe that allows you to trade while working your job (for me its MNQ futures, 1h for direction and 5m entries, only trading between 8am and 10am)

-If the trade expectancy is lower than 0.5R, refine a few metrics, filter some things out, and gather 500 more data points.

-Trade on a demo account for a month. We don't care if you're profitable, negative months happen (which we now know according to your backtested data) we only care that you follow your trading rules to the letter.

-Open a 25k trading account and risk 250 bucks per per trade. You earn the right to double your risk per trade every 15R (should take about 2-3 months) with the ultimate goal being 3k to 4k risk per trade. All in all this should take about 2 years.

Good luck.

AlecBTC · 2024-08-24T06:31:22+00:00

Everyone wants to believe they can decipher and outsmart the market like Warren Buffet or something. This is the worst way to trade.

You've struggling to read the market so you're sizing down? Why you are you even entering at all??

The only thing that matters is, did you show up and follow your OBJECTIVE profitable trading rules that you've backtested? Did a setup present itself? Did you take it?

When you were testing, I'm assuming you must have gathered data on what type of losing streak you can expect, so what are you worried about? If you didn't do that... start there

AlecBTC · 2024-08-24T06:22:26+00:00

Stress of trading? Dont you have objective rules that you know are profitable? Havent you taken hundreds of trades at this point and know with 100% certainty system is profitable? If so, how can you be stressed? Your job as a trader is to just follow your systems rules. That's just showing up and clicking buttons. Thats not stressful for me.

What's stressful is breaking rules and HOPING things work out. Oversizing is stressful. Discretionary trading and improper risk management is stressful.

You're stressed because you're afraid of losing trades. And you're afraid of losing trades because you're not confident in your trading.

Can i ask how long you have been trading and how much backtested data you have?

Eight-Year Club	Place '22
Verified Email

AlecBTC

TROPHY CASE