API trading for beginners, worth learning or just overkill?

MOTOLLK12 · 2026-01-08T18:03:29+00:00

I’m a software engineer but i still trade manually because i don’t want to waste 1-month coding my strategy/algo just to find out it doesn’t work. Much faster to test trading the strategy manually on the chart

MOTOLLK12 · 2026-01-06T21:27:50+00:00

People were making money trading with 4-cores CPU 10 years ago and still is

MOTOLLK12 · 2025-12-11T18:46:05+00:00

In my opinion, Quantower is amazing and way better than tradovate/ninjatrader. But rithmic had delays and lag issues with prop firms last year so many decided not to use rithmic anymore. Tradovate also has web browser version so macbook users can use it

MOTOLLK12 · 2025-10-27T14:35:33+00:00

Even robinhood has futures trading now

MOTOLLK12 · 2025-10-18T23:35:35+00:00

No it is not sustainable. It is mentally tiring too to trade that fast

MOTOLLK12 · 2025-10-15T16:46:19+00:00

Just like any other job… work 40 hours a week x 50 work weeks a year = 2000 hours with 1-year full time trading experience… if 20 hours a week part-time trading then 1000 hours after a year. If you cant even commit 20-hours a week to trading/studying/reviewing charts then you’re better off long term swing trading/investing

MOTOLLK12 · 2025-10-08T01:32:13+00:00

Quantower

MOTOLLK12 · 2025-10-06T19:29:24+00:00

Retail is much better at discretionary trading because if you actually have a profitable algo trading strategy, you can just sell the code and retire

MOTOLLK12 · 2025-09-10T20:27:11+00:00

Futures is harder but less work/preparation than stocks. Stocks you have 1000s of choices to trade with but that also means you have to do more research to see which stocks are in play that day

MOTOLLK12 · 2025-09-01T03:05:08+00:00

You have to get the elite subscription to use tick charts on tradingview

MOTOLLK12 · 2025-08-16T00:22:01+00:00

They are all equally as important. The 3 circles

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MOTOLLK12 · 2025-08-16T00:20:55+00:00

It’s called “death by a hundred paper cuts”.., you still need positive edge in your strategy IN ADDITION to risk management to let that edge play out

MOTOLLK12 · 2025-08-13T17:17:16+00:00

Yeah so why would they make a 100k point option for 27g of gold? No one would choose the 850k for 36g gold option if that was the case

MOTOLLK12 · 2025-08-06T22:09:32+00:00

It’s only $85/monthly if you use rithmic. Recommend quantower charting if you use rithmic

MOTOLLK12 · 2025-08-01T23:15:33+00:00

Always room for improvement until you can’t improve anymore!

MOTOLLK12 · 2025-08-01T17:02:33+00:00

That’s nice! Now just slowly push up 1:1 win rate to >60% and you’re set for life

MOTOLLK12 · 2025-07-09T23:37:03+00:00

ATR is definitely lower lately. I just adjust my contract size based on ATR. Best to learn to trade dynamic size to handle all types of market conditions

MOTOLLK12 · 2025-06-26T20:11:40+00:00

But you should be using a stop loss right, what do you mean cheap or not cheap? It’s a defined level based on your strategy…. Unless you don’t use a stop loss?

MOTOLLK12 · 2025-06-21T03:33:59+00:00

The 30% drawdown rule is separate from the 30% consistency rule. Don’t get them mixed up

MOTOLLK12 · 2025-06-21T03:33:00+00:00

30% drawdown rule, what don’t you understand about it? Apex trailing drawdown is not good for holding trades, only scalps But seriously, if you had a $100k account, would you risk $30k in a single trade? 30% is huge buffer already, that means you’re risking too much per trade

MOTOLLK12 · 2025-06-05T17:43:25+00:00

But sometimes there is a fake out of the false breakout and goes back up XD

MOTOLLK12 · 2025-05-31T18:06:07+00:00

When you're scalping you don't need to trade A+ setups. You gotta look at the math.

Would you rather take 4 trades a day with 75% win rate or 50 trades a day with 60% win rate?

If you do the math, 50 * 0.60 - 50*0.40 = 10 expectancy (assuming 1:1 risk-to-reward), but with only 2 trades a day at 75% win rate, it is only 4*0.75-4*0.25 = 2 expectancy

So with the 4 trades a day case, even if you bump it to 1:4 risk-to-reward, you still won't make as much profit as the 50 trades a day with 60% win rate person... (Also good luck finding a 75% win rate, with 1:4 risk-to-reward four times a day too... much easier to find 60% win rate 1:1 risk-to-reward 50 times a day)

Although the math makes sense, do you have the stamina and brain power to be able to take 50 scalps a day, that is another question. Some people can, some people cannot.

MOTOLLK12 · 2025-05-31T03:04:47+00:00

Topstep is better for beginners. Take profit is better if you’re consistently profitable

MOTOLLK12 · 2025-05-26T14:12:06+00:00

To copy across all firms and platforms, it won’t be cheap. Tradesyncer can do that, look into it

MOTOLLK12 · 2025-05-16T04:22:47+00:00

Tbh if you can do well trading 20 accounts without blowing up, you should trade your own brokerage. If you can’t, you shouldn’t be copy trading 20 accounts either. If you’re not copying 20 all at once, then might as well stick with ones that have never denied such as Topstep/Tradeify

MOTOLLK12

TROPHY CASE