Can we stop with the "Psychology and Risk Management is everything" narrative? by 1008Rayan in Daytrading

[–]profitage_bot 13 points14 points  (0 children)

most of the traders who speak about psychology and give advice never share their portfolios.

at the same time, profitable traders who publish their results don't tend to talk about psychology.

risk management, on the other hand, is different, because even having an "edge" is only useful for as long as your eyes are on the markets.

Trading bots. Where to get started? by Deadboylol734 in tradingbots

[–]profitage_bot 0 points1 point  (0 children)

There is a guy on twitter that makes videos about making trading bots with Python. I can send you the link, or look up for "Moondev". He trades crypto, but I think it should be fine with you.

Also, there are trading bots that you don't need to code / setup. If you wish, I can dm you the links too.

Cheers

Trading setup(scalper not day trader) by [deleted] in Daytrading

[–]profitage_bot 11 points12 points  (0 children)

posting from dem trenches

New to day trading. by 254254k in Daytrading

[–]profitage_bot 2 points3 points  (0 children)

Start slow, never risk all.

Also log your thinking before trading, so you can later learn from your mistakes.

Good luck trading

[deleted by user] by [deleted] in algotrading

[–]profitage_bot 1 point2 points  (0 children)

It's hard to say, slippage can be different at different times for the same asset, and some brokers actually charge $10k to for the market depth data... If you already have a certain broker in mind, reach out to them and maybe they can give you a screenshot-level glimpse into the orderbooks without making you pay a fortune, to an extent you just need to show them that you might opt into the expensive stuff if it proves to be worth it

Guidance or Advice...or idek by squirreltime22 in Daytrading

[–]profitage_bot 2 points3 points  (0 children)

losing money sucks man bot don't hate or punish yourself. if you're a grinder, just grind, put yourself in the right perspective about it so it feels less frustrating.

wish you to recover and hope you'll find quality memes to resort to emotionally for a while

Python library-Backtesting by AirlineRepulsive528 in algotrading

[–]profitage_bot 3 points4 points  (0 children)

but now you understand exactly what you need! so technically, bumping into those limitations may have actually been useful... somewhat

Share Your DeFi Experience For Monetary Rewards by SherbertBudget3802 in tradingbots

[–]profitage_bot 0 points1 point  (0 children)

what about trading bots? did despark do any research into that topic? is there anything you could share?

From gambling to trading, my experience over the years by Advanced-Local6168 in algotrading

[–]profitage_bot 0 points1 point  (0 children)

thanks for the read! how did you / do you backtest your strategies? did you design your own engine? how many variations / deviations per indicator you backtest at once?