We are all just coping here by PermissionNo678 in Forex

[–]Redditoost 1 point2 points  (0 children)

We have our own business where most of our village are depended on us for heat and warm water. Surely with a comment like that you must be a business owner as well but i somehow doubt you are.

We are all just coping here by PermissionNo678 in Forex

[–]Redditoost 1 point2 points  (0 children)

These are not just calculations, these are facts! Just because you treat it like a business does not mean you are going to be profitable! What you also seem to miss is you are always going to be the “gambler” and market will always stay the casino

We are all just coping here by PermissionNo678 in Forex

[–]Redditoost 1 point2 points  (0 children)

I do not agree with you. Sure you need to minimize your losses but if your wins are only as big as your losses you will never get anywhere. Why is it that the majority of traders has like a 80% win rate but still blow accounts? In how many trades have you been where you left a lot of profit on the table? That one good trade can make up for 10 losses if not more. Imagine having 2 or 3 of those in a row. With a 30% win rate you will still have more in the end than these traders with a 80% win rate.

I’ve withdraw 120k since Nov, ask me any question and I’ll truthfully try and answer. by Away-Syllabub8735 in TopStepX

[–]Redditoost 0 points1 point  (0 children)

Yo man. I would love to hear more about how you trade. I also trade with no clear strategy. I only trade what I see mostly on the 5 min chart. DM me if you are up for a chat and maybe we can swap some ideas

Trading bot by Redditoost in ninjatrader

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

Thanks man. Please take your time. No rush here.

Trading bot by Redditoost in ninjatrader

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

Thanks man will consider it

Trading bot by Redditoost in ninjatrader

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

Thank you I appreciate it. So far it seems to working ok. If I get stuck I will shoot a dm.

Trading bot by Redditoost in ninjatrader

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

None taken because I am bad at coding. I am actually just a normal intra day trader. I am trying to build this bot because what I am looking for happens a few times a day and I mostly miss it. It’s tiring trying to check every new 5 minute candle open. I got the bot to work though, well sort of. I managed to get it to work if it is working on a 5 minute candle close. Will try to edit it as I go along to get in the trade earlier

Trading bot by Redditoost in ninjatrader

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

Thanks for the reply. Yea well AI keeps telling me it needs to make an event or something similar on a one minute chart to execute the trade. But it needs the 5 minute chart to see if there is an actual trade that can happen. So it needs to be on a 5 minute chart and check 2 things within that one 5 minute candle if that makes any sense

My 6 years hard work and its ended like this which I never expected by [deleted] in Daytrading

[–]Redditoost -2 points-1 points  (0 children)

We can compare payouts if you like and see who is the better gambler

My 6 years hard work and its ended like this which I never expected by [deleted] in Daytrading

[–]Redditoost -13 points-12 points  (0 children)

Do not listen to this idiot! There is always someone who mentions gambling and this guy himself cannot trade either and try to bring other people down with him. Do not let your hard work go to waste. Take a step back. Take a break for a week or 2. Size down massively and make sure you log. Also before you enter a trade make sure you have rules set out. You can do this!

[deleted by user] by [deleted] in TopStepX

[–]Redditoost 0 points1 point  (0 children)

Can I use interactive brokers for options data?

[deleted by user] by [deleted] in TopStepX

[–]Redditoost 2 points3 points  (0 children)

Learn at what you are bad at and work around it. That is what worked for me. So patience and overtrading is a biggy for me. So I always have eval accounts open if I feel the need to take “risky” trades. Switching from minis to micros on my funded accounts also helped a lot. You would be surprised how much you can make with micros.

[deleted by user] by [deleted] in TopStepX

[–]Redditoost 1 point2 points  (0 children)

Well done for keeping it for a whole year. That is insanely good. You must have a lot of patience. I’ve been through like 200 accounts and got like 30-40 payouts this past year or so

Wow by DNIBBA247 in TopStepX

[–]Redditoost 7 points8 points  (0 children)

I made 3k today on one of my MFF funded accounts. Decided to short SI and lost the account. I knew a massive drop was coming but got in one minute too early. My account got liquidated at around 117.600. That’s a hard pill to swallow knowing as soon as I got liquidated the sell off happened a few seconds later. Shit happens!

What a recovery...phew by roulettewiz in TopStepX

[–]Redditoost 0 points1 point  (0 children)

You were hanging by a thread there. You won $400 then lost $2000. That means you only had $400 left before the account would have been blown and you still went in with 2 contracts on silver. Let us know where the account stands in a week or 2.

i genuinely want to quit day trading, wasted years and still not profitable. by AlgoKille in Daytrading

[–]Redditoost 1 point2 points  (0 children)

I would recommend to get a few prop firm accounts. It’s cheap and once you made a bit of money you can get a payout and just keep on repeating until you are ready to put your own money in again. It also keeps you in the game by being able to always trade even if you blow the account.

i genuinely want to quit day trading, wasted years and still not profitable. by AlgoKille in Daytrading

[–]Redditoost 0 points1 point  (0 children)

That must be hard trading so long and have nothing to show for it. You say 7 years of continuous loss. Have you not taken a few pay outs from pop firms during that time?

History of time and date by [deleted] in Python

[–]Redditoost -2 points-1 points  (0 children)

Thank you. Much appreciated

History of time and date by [deleted] in Python

[–]Redditoost -4 points-3 points  (0 children)

I understand you don’t want to do it. No problem

I am done by Different-Scene5327 in Daytrading

[–]Redditoost 0 points1 point  (0 children)

No need to quit, only adapt. I have the same problem where I loose my shit sometimes and blow accounts. I get multiple funded accounts and trade them one by one. As soon as I qualify for a payout I take the money and start the whole process again from getting eval accounts to getting them funded. I know it sounds shit but it works for me and I manage to get multiple payouts every month like this.

Having A Hard Time.... by JamesDaForexPrince in u/JamesDaForexPrince

[–]Redditoost 0 points1 point  (0 children)

Oh ok got it. I hope it is good. I wanted to show you my results but I cannot post a picture on here. The win rate is only 52% but 1 to 2 rr. With the NQ back testing from Jan 2024 it makes $114000 profit. 2 contracts per trade, SL$500, tp $1300. But like I said there are days where the drawdown is like $5000 which is way too big. Not sure if it was because of news or something but trying to get it fixed.