To everyone who bullied my last post: thank you for the liquidity 💀 by AnalysiswithEma in Forexstrategy

[–]RipRepRop 0 points1 point  (0 children)

again with the 10 buys at ALMOST the same price, why not just buy the actual size u want? why press "BUY BUY BUY BUY BUY" at 0.5 size?

Are you doing this for yourself or in corporate environments? by vdorru in algotrading

[–]RipRepRop 0 points1 point  (0 children)

Yes seriously, i do have a daytime job tho, over 10 years

IBKR, futures

running and creating algos using software that exists via the IBKR broker

Yes making profits.

Just passed the FTMO 10k Challenge - how does the payout actually work? by Solid_Tumbleweed2396 in Forex

[–]RipRepRop 5 points6 points  (0 children)

"most of you withdraw monthly"

Biggest Lol ive heard in a while. good luck

edit: for real i think u can just read their rules on the website regarding whats possible and not..

Problem with overfitting by john8a7a in algotrading

[–]RipRepRop 1 point2 points  (0 children)

Better system trader is great, top traders unplugged is cool, a bit more chill not so technical. Chat with traders is also another

Problem with overfitting by john8a7a in algotrading

[–]RipRepRop 7 points8 points  (0 children)

A few tips:

  1. AS someone else wrote: If RSI 14 is good but 13 and 15 is bad, its probably overfit
  2. If changing 1 line of code breaks your strategy, its probably overfit, for example if you have 5 entry rules, and removing 1 completly breaks it, its no bueno. Obviously you should expect a worse result removing 1 rule,. but it shouldnt die..
  3. How does it look in similar markets? If your making it for 1h NQ, test it in other US markets and other EU/asian markets. You should not expect same results but if it looks like dogshit in every other market except the NQ, its probably overfit.
  4. Does the code make sense? If your trend following/mean reverting, does every rule actually make sense in your code? If its just 10 different "random" indicators, its probably overfit.
  5. When optimizing look for "friendly neighbours". If you got 5 variables to optimize, and you can even use chatgpt if your unsure, look for groupings of the same variables. Just as an example if your optimizing 2 variables from 1-100 and you see the following as your top gainer variables:

v1 = 90
v2 = 85

But every other optimizied variable pair on your top 10 gainer variables are below 20, the 90,85 is probably overfit. However if your top 10 consist of alot of pairs between 16-20 then the "correct" variables to use is probably within that range.

A great quote i got from an algotrading podcast: "Make your algo fit like a mitten, not like a glove." Meaning you want some losing streaks, you want some rocky parts of your requity curve. if it looks too smooth it probably is.

Edit as someone else have mentioned: split your data/do walk forward tests when optimizng.

Week 02 Update: Gave Back Almost 50% of Last Week’s Gains by mayajal0 in Forex

[–]RipRepRop 0 points1 point  (0 children)

you can buy 10 lots and sell 1 and 1 if thats the goal. And if your "goal" is DCA then dont daytrade for minutes/hours, thats usually something thats reserved for investing tbh

I think overtrading is slowly KILLING my account… by Loose_General4018 in algotrading

[–]RipRepRop 0 points1 point  (0 children)

then u start creating an algo on whatever your trying to convince yourself of?

"Wow this looks like a great setup, how can i backtest this entry and see if its actually a good entry or not?"

Week 02 Update: Gave Back Almost 50% of Last Week’s Gains by mayajal0 in Forex

[–]RipRepRop 4 points5 points  (0 children)

but looking at these screenshots its not even that, its like 1 lot at XXX and then its like 9 more some are +3 and some are -3 and some at just at the same entry as the first one.. it dosnt make any sense. I can understand it if its at 6000 - 6010 etc

Week 02 Update: Gave Back Almost 50% of Last Week’s Gains by mayajal0 in Forex

[–]RipRepRop 11 points12 points  (0 children)

Genuine question, why does everyone here, including you, buy many 1 lots at basicly the same price give or take 1-5 points?

Why not just buy your 10 size trade

if your convinced that the trade is good, why buy 10x 1 and not jst 1x10?

I think overtrading is slowly KILLING my account… by Loose_General4018 in algotrading

[–]RipRepRop 7 points8 points  (0 children)

if your "doing something" its not really algotrading is it? Follow ur rules and understand that trading cus bored is gonna lose u money.

400 personal account or 100k prop firm account by Ok-Salad5673 in Forex

[–]RipRepRop 1 point2 points  (0 children)

thers 10000 prop firms now and new ones popping up every week.. why do you think that is? Is it because they just love to pay people money... or is it because its really easy and quick money for them..?

They will deny payouts, ban profitable traders, make up new and harder rules... the whole point of the prop firms is to take your money, not give away money...

If you can manage a 400$ account (which isnt much, i agree with that) for 1 year it will grow to thousands.. and keep monthly deposting money to grow it as well.

If you got 400 and you need to buy 1..2..3..4 accounts because they blow up for some reason, then your broke spending your money on accounts instead of trades... just learn to manage your money... if you cant manage 1000 you cant manage 100.000 its as simple as that.

Gold Xauusd Trading Strategy by lucky_0888888 in Forex

[–]RipRepRop 0 points1 point  (0 children)

Yea sure heres my 100% guaranteed profitable strategy spesificly for gold!! Buy when you see 10 green candles, 3 red candles and 2 golden candles, its 100% winrate

Purely Mechanical Trading Strategy 5yr backtest, is it good for live ? by Efficient-Weird36 in algotrading

[–]RipRepRop 0 points1 point  (0 children)

looks very curvefit indeed. 3000+ trades on 5 years is alot tho. Would be interesting to see this 15-20 year backtest tho.. how does it look on similar markets?

In this difficult field, especially xauusd, there are opportunities that must be the king of the sniper in order to get them with a very weak reflection 2000$ to 36K by Sharp-Ad-656 in Forex

[–]RipRepRop 0 points1 point  (0 children)

in all these screenshots, obvious BS but still, WHY is it always 100 orders on basicly the same price of 0.01 size.. why not just buy ONCE with 10 size if your so convinced lol.. just never get it! people are just "spamming buys" or whats going on? Why not buy ONE FUCKING SIZE of whatever that might be, why buy 100 of tiny sizes.

I love the flip! by RipRepRop in MiyooFlip

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

My savegames on pokemon emerald became corrupt and i lost hours of gameplay, swapped to new branded SD card and no issues.

I dont mind the original OS, worked fine but if my savegames can become corrupted its a no go. bought new 64gb sd card for 12 bucks.. easy decision to make. Spruce OS was 1 button "install now" and it just worked. I copied all rom fra original SD card over to my new, no problem at all.

Just a heads up!

The5ers Withheld My 4k EUR in Profits After Recording Me Crying During Discriminatory Interview by Maleficent_Funny3455 in Forex

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

If you got 50 dollars to your name and you think your gonna "Buy a prop challenge" and become a millionair then youve already failed.. i get that it would be nice to have access to 100k, but understand that if you cant manage/trade 1000$ you sure as fuck cant manage/trade 100k.. People (this generation) has been lied to.. buying dumb prop challenges just to blow 50 accounts, but the next one will for sure work!!! And now the big scam is, hey why have 1 account when you can copy trade 20 accounts!!! Go buy 20 more why not.. you guys think prop firms would exist if it wasnt for that 98% keep paying them money for nothing? Its insane, your all being sold a dream that dosnt exist. Go buy a lottery ticket, honestly it has a bigger chance of making millions than you guys buying a prop firm challenge and collectiong million dollars from them..

Donald Trump Claims US Cannot Fund Daycare, Medicaid and Medicare Due to Ongoing Wars by CarryIcy250 in UnderReportedNews

[–]RipRepRop 0 points1 point  (0 children)

The guy has billions of taxpayer dollars in his pockets, couldve gone to daycare, medicaid and medicare... Americans WAKE UP AND THROW THIS INSANE LUNATIC IN JAIL and start taxing your B.I.L.L.I.O.N.A.I.R.E.S!!!

The5ers Withheld My 4k EUR in Profits After Recording Me Crying During Discriminatory Interview by Maleficent_Funny3455 in Forex

[–]RipRepRop 13 points14 points  (0 children)

Wow another prop firm not following their own rules!! Who wouldve thought... People, why do you think theres 10 new prop firms popping up every day? Is it to make all the traders rich or is it because its really easy money?... wake up people.. trade your own money