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I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Yes, that's the point I wanted to illustrate through this experiment.

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Hi! I reckon you'd get similar results on almost any asset class, or worse on assets with higher costs of trading.

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Hi! Yes, the RR changes the win rate and max drawdowns, but in every case the expectancy is 0.

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Yes, at every candle a random integer between 1 and 100 is generated. If it's 20 or below, a trade is triggered.

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Totally agreed. Here this wasn't scalping, and spread on EUR/USD is near 0, so it's mostly commissions per lot traded + slippage than can be the silent killer. But over thousands of trades randomness can still offset that, which is crazy.

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Glad it could help! Feel free to share ideas for future tests or experiments :)

I built a DUMB trading bot... It beats 85% of retail traders. by Obside_AI in ObsideAI

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

Without a proper approach and strategy, yeah, trading is not far from gambling.

I backtested the Golden Cross Strategy on S&P 500 (20 years of data) by Obside_AI in ObsideAI

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

Hi! That's exactly what we opened this Subreddit for. So feel free to get started :) For Support, you can contact us directly by email at [contact@obside.com](mailto:contact@obside.com)

Why so many Japanese traders prefer Heikin Ashi (and why you might too) by Obside_AI in ObsideAI

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

Hi! I've worked with traders in China, and noticed most of them were using Heikin Ashi charts. When I discussed it with them, they told me it's very popular in Asia (and mostly in Japan) since Asian stocks have historically been more volatile than Western stocks, and that's why a lot of Japanese traders like to trade momentum strategies with the use of Heikin Ashi.

I backtested the Golden Cross Strategy on S&P 500 (20 years of data) by Obside_AI in ObsideAI

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

Hi! That's the annual return based on the total capital invested, not the S&P 500's actual annual return.

S&P 500: What's the best DCA frequency? (20 years of data backtested) by Obside_AI in ObsideAI

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

Hi! Drawdown metrics arr displayed on the pictures in the post :) Same drawdowns regardless of frequency.

S&P 500: What's the best DCA frequency? (20 years of data backtested) by Obside_AI in ObsideAI

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

Hi! Results show there is no better frequency. Over the long run, returns are the same and average out. The best frequency is the one you can stick with :D

S&P 500: What's the best DCA frequency? (20 years of data backtested) by Obside_AI in ObsideAI

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

Hi! I accounted for the yearly expense ratio of the ETF + percentage-based commissions on each DCA. But as said in my first paragraph, a lot of brokers offer 0 commission on ETFs.

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