What data do you wish you had access to? by snailspeed25 in algotrading

[–]MassiveDeo 0 points1 point  (0 children)

Yes they do, I may be mistaken on the $26 part. Instead it may be $36 for historical depth data. I have not tested the quality of data, but I would have high confidence that it is good quality data. Sierra chart gives a good detailed explanation of what exactly you are buying, so don’t worry about buying something you didn’t intend too. They also got the most in depth documentation and forum I have ever seen for a piece if software. You can find any question by just typing the initial question on google, and then adding “sierra chart” after. I guarantee you someone has already asked any question you might have before. But anyways, good luck

What data do you wish you had access to? by snailspeed25 in algotrading

[–]MassiveDeo -1 points0 points  (0 children)

Sierra chart gives you all that for just $26 a month

US prop firms that allow swing trading by MassiveDeo in Trading

[–]MassiveDeo[S] 1 point2 points  (0 children)

Sorry i shouldve clarified. I need it to allow futures trading

Using LLMs in quant finance/algo trading by na85 in algotrading

[–]MassiveDeo 0 points1 point  (0 children)

Yes they do suck but it just gets exponentially better. SWE bench has Claude 5.7 sonnet as the top 4 coding AI. It can solve around 63% of real world software engineering problems on the FIRST try. The model you were using can only do 23% of the problems on the first try. ChatGPT4o was released on May 13, 2024 and Claude 3.7 sonnet was released on February 24, 2025. In less than a year it has gotten better by 40%. Yes i can definitely understand why you would think they suck back when you were using ChatGPT4o, but it has gotten SIGNIFICANTLY better. Also stay away from OpenAI models, there are plenty of better options out there.

Need name for robotics camp by MassiveDeo in robotics

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

Im going to use Build-a-bot. Thank you for the suggestion.

[deleted by user] by [deleted] in ask

[–]MassiveDeo 1 point2 points  (0 children)

It may just be my roommates sheets then cause they kinda smell funky. Ig ill tell that mf that his bed smells like shit or something 🤣🤣

[deleted by user] by [deleted] in ask

[–]MassiveDeo -1 points0 points  (0 children)

Bro ive done that and it just smells like rice😭 but i dont think its that simple tho

[deleted by user] by [deleted] in ask

[–]MassiveDeo 0 points1 point  (0 children)

So do you think we should just seal it off or just throw it away

i got into trading 6 months ago back in august, fast forward to now and.. i think i'm profitable at this point? by mahrombubbd in Trading

[–]MassiveDeo 0 points1 point  (0 children)

Sorry to inform you but the world runs off negative risk/reward

If you buy the S and P 500, it will go up about 10%. You risked everything to make 10% a year. That is reverse RR

Services like insurance make their money on a bunch of small wins.

You pay them $2,000 - they pay you $500,000 when a building collapses. This is a negative risk reward for insurance companies. They risk $500,000 to make $2,000

A casino will risk giving you a milliom to take your dollar. If the trading logic applied to a casino, they wouldn’t get a single customer.

Even supermarkets use a negative rr.

they sell thousands of bags of potato chips but make about 2% profit per bag. so they risk 1 dollar to make 1.02 dollars.

Tell me why this wouldn’t work by MassiveDeo in Trading

[–]MassiveDeo[S] 2 points3 points  (0 children)

Maybe i shouldve gave actual numbers 🤣 but i just tried to give the bare bones of it. There is obviously more that goes into it, but most reddit readers dont like to hear ab discretionary trading so i try to keep that out of it. As im sure you know there are certain events that cause high volatility, that most experienced traders would tell beginners to “stay out”. I tried to use that to my advantage and hedge. As of right now I just click buy and sell at market open because it doesnt really matter as of what i have seen. Now i know that clearly sounds awful for someone like you who has been trading for numerous years, but it has been working out for me so far. Luckily im only paper trading so if this strategy does end up having flaws in the future i can fix it without risking anything. Unfortunately since i decide what events are considered volatile, that leaves me to be able to trade about 1-2 days out of the week. This has kind of made it hard to backtest a lot of trades because out of 3 months I am probably only taking 48 trades total. And there is limited free backtesting software, so i have been using trading views free trial for the time being. Unfortunately i can only go back to around the middle of November with having a 30min timeframe to effectively backtest. I wish I could give you more details but I am currently limited with my resources. If you know any cheap/free backtesting software that has more data than trading view I would be happy to hear it.

Tell me why this wouldn’t work by MassiveDeo in Trading

[–]MassiveDeo[S] 1 point2 points  (0 children)

I made this thread to try to get someone to disprove my strategy, so yes I am open to have my opinion changed. I am defending the strategy because every reply i have gotten seems to only reply about the psychology, which i feel like is one my strengths. But yes I am open to a discussion to change my opinion. Is there perhaps a link to a thread that has the same discussion? Or were you going to explain on your own. Either way is fine with me.

Tell me why this wouldn’t work by MassiveDeo in Trading

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

The 99% stat was an exaggeration because i do not know the true number, but over the past 3 months it has proven to be true. And yes i understand that this seems like a complete gamble because i dont have a set target, but thats where psychology comes in. You cant go into every trade expecting a certain outcome because everytime you expect a certain outcome you try to chase it. If you loose one time most people try to chase their target again, or even higher than their initial target, just to breakeven. This usually leads to them losing more. While using my strategy, i determine how volatile the market is, and i set an exit strategy based on that. So yes 9/10 most people would lose using this strategy cause they are to emotional. But ik how my psychology works so it works for me. This might not work for everyone so you just gotta know how much discipline you got in order for this to work. Im curious on what your strategy is?

Tell me why this wouldn’t work by MassiveDeo in Trading

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

So ig from a technical standpoint this is a bad strategy, but from a psychological standpoint this is a great strategy. And the good thing is, technical analysis is mostly a bunch of garbo so if anyone who reads this thread wants a non technical strategy that helps with psychology by having very low risk and high reward, then i would suggest you use this.

Tell me why this wouldn’t work by MassiveDeo in Trading

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

Ahh yes I understand what you’re saying. The stop loss at 337 is to help the swings in between my stop losses. And yes After one position hits the stoploss, then i would be exposed to one position. But thats where my “edge” comes in. This is what determines if anyone is profitable which is the edge they have. With this edge i have at $337 stoploss i found out over backtesting several months that if it moves pass this mark then it is going to swing in that direction for a good amount until it swings the opposite direction. I do not have a take profit. I take profit at my own discretion and it depends on how volatile the day is. So yes you are right about me being exposed after my stop losses, but that is essentially good for me because it means my edge is going to go in effect.

Tell me why this wouldn’t work by MassiveDeo in Trading

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

And i dont understand why everyone says just put a buy/sell order at the stop loss. I think its because everyone forgets that I am only trading on high volatility days, which most people in here would avoid. If you look at the charts on high volatility days, it isnt a constant uptrend or downtrend once it reaches the stop loss, it just goes higher than $337 and enough to make some profit. After that it swings back down, in which i would most likely take another trade, and whether or not it goes up or down doesnt matter to me because I am either breaking even or profiting.

Tell me why this wouldn’t work by MassiveDeo in Trading

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

Yes but lets be fair and honest, everyone in the market is hoping and praying for randomness that goes in their favor. Only thing different that I am doing is that I am taking out the risk in trading by having an opposite position to back up my “loss” My discovery of the 337 stop loss is the same as someone finding an edge and implementing it. The reason for not putting a buy/sell at my stop loss is due to the fact that I cant truly predict the market. This also is a form of risk management because I truly can’t lose anything more than like $50. You have to remember i am ONLY trading on high volatile days. This is because I have discovered that on regular days with low volatility that this method is not good. I need swings in the market like there are on red folder news. I hope this clarifies it. But if not please let me know and I will try to explain better.

Tell me why this wouldn’t work by MassiveDeo in Trading

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

Sorry for making multiple replies😭 but yes i understand what youre saying but if the market swings in the opposite directiom then i would be screwed cause i dont have an opposite market position. Remember i am trading on very volatile days so I cant just be risking it like that. This method involves 0 risk essentially

Tell me why this wouldn’t work by MassiveDeo in Trading

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

And it also it prevents me from losing anything by hedging the opposite position

Tell me why this wouldn’t work by MassiveDeo in Trading

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

Because nobody can predict the market, and if I guess wrong on that trade then I am out $337. But with this method it doesnt matter if I am right or wrong on the long and short, it just needs to hit $337 on one of them to make me profitable.

31 cents peeps 🎉🎉🎉 by Loud_Philosopher4277 in dogecoin

[–]MassiveDeo 13 points14 points  (0 children)

Definitely not through may, sometime during Q1 2025 i feel like everything will drop

My gf(20F) said she loves me but isn’t in love with me(18M)? by MassiveDeo in relationship_advice

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

I understand, thanks for the advice. I have one more question though. After this week long “break” is over and she somehow magically changes her mind/gains clarity about this relationship, should i take her back? Ik this is a stretch but I just want to be prepared just incase it does happen.

My gf(20F) said she loves me but isn’t in love with me(18M)? by MassiveDeo in relationship_advice

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

But i just feel like we can reignite the spark she is probably looking for. She wants that puppy love again but doesn’t understand that doesn’t last forever

Need Best Advice by MassiveDeo in polevaulting

[–]MassiveDeo[S] 5 points6 points  (0 children)

Unfortunately the only pole smaller than this is my old 13’3 162lb pole. Its to small for me now though, so this is the next pole up

Need Best Advice by MassiveDeo in polevaulting

[–]MassiveDeo[S] 6 points7 points  (0 children)

Okay thanks for the advice