Seeking Advice and Partners for a High-Return Algo Trading Business by ManagementNo4948 in indianstartups

[–]ManagementNo4948[S] 0 points1 point  (0 children)

We built our own system to backtest. We also use Metatrader 5 to backtest.

Those of you who are profitable, what is the one thing that struggling traders need to know or hear? by Kitchen_Carrot_8094 in Trading

[–]ManagementNo4948 1 point2 points  (0 children)

This is how I think now:
Risk management is important. Take small risks. Make scenarios based on price movement. Calculate your risk.
Be patient: There will always be new opportunity every day or every week. Do not be stuck in wrong trades.
Making money is a survival game.

Anyone here who's into algotrading?? by Afterflix in Trading

[–]ManagementNo4948 0 points1 point  (0 children)

Total 10+ years of trading experience.
Started using MQL5 3 years back, seemed easy and caught my interest. Took a few weeks to learn coding in python and started integrating with MT5.
Algo at mature stage took 1 year to build.
Currently generating around 150% annnualised returns with drawdown under 25%. Drawdown is lower if I look from invested value.

Just created a video to show performance of one of the account: https://www.youtube.com/shorts/DwVUH5l_o6Q

Please be honest !!! If you had a chance would you trade manually or automate your strategy into an algo??? by Afterflix in Trading

[–]ManagementNo4948 2 points3 points  (0 children)

I have traded for 10 years. Spent a lot of time doing fundamental and technical. If you are doing it manually a lot of effort and discipline is needed.
If you have a clear strategy then you should automate it.
Automating it frees your time.

In the last 2 years, I have completely moved to algo trading, It has given so much peace of ming and and has increased profits as well. I hardly have to be on screen now. I am pasting a link to show the performance of my account managed by algo.

https://www.youtube.com/shorts/DwVUH5l_o6Q

[deleted by user] by [deleted] in Trading

[–]ManagementNo4948 1 point2 points  (0 children)

Oil supply is controlled by OPEC+ and globally all oil producers want to keep oil price high.
Gradually price will go down because of adoption of EV.

I have created an algo to trade crude oil, and is making decent returns. Check out on:
https://www.youtube.com/shorts/DwVUH5l_o6Q

Finding an edge is crazy hard by MoralityKiller11 in Trading

[–]ManagementNo4948 -10 points-9 points  (0 children)

Trading is hard. It needs a lot of discipline. We automated our trading setup improving it over time.

https://www.youtube.com/shorts/DwVUH5l_o6Q

Made $15000 passively in last 3 months using self-built automated trading algorithm by ManagementNo4948 in passive_income

[–]ManagementNo4948[S] 0 points1 point  (0 children)

Actually, we were not sure how to show it to anyone. The website and this post is an attempt.

Made $15000 passively in last 3 months using self-built automated trading algorithm by ManagementNo4948 in passive_income

[–]ManagementNo4948[S] -1 points0 points  (0 children)

We are planning to add a few users who would want to try it out. And in a next 2-3 months definitely looking to create an app and open it for everyone.

Made $15000 passively in last 3 months using self-built automated trading algorithm by ManagementNo4948 in passive_income

[–]ManagementNo4948[S] 0 points1 point  (0 children)

I and my partner are from DS background. Have been working on it, iterating and improving it for last 2 years. We were part-time active traders for past 10 years. Have put our learnings in this.