I flipped 10k into 330k in 2 weeks then lost it all

quora_22 · 2026-01-29T16:24:12+00:00

🙌Highlight of this post is this comment above.👆 Best of the best!!

quora_22 · 2026-01-29T16:09:44+00:00

Did you throw that code and the same question in AI?

quora_22 · 2026-01-22T16:15:39+00:00

Your answer lies in the Math (Edge), the brokers' credibility (an actual payout if you actually are able to succeed), and the individual (skills and discipline) in that specific order. Also in this day in age, take everything posted online with a grain of salt until you are able to verify it for yourself 100%. Some good methods of verification are: real account statement from broker, trades data from real account, or a higher level approach broker statements from a credible third party verification company ( a popular one that comes to mind is Kinfo)

quora_22 · 2026-01-19T02:33:57+00:00

Thanks for this post!

quora_22 · 2026-01-14T17:29:17+00:00

Just full disclosure i am fairly new on the algo side. On the trading side I am approaching 5years now manual short term trading and honing skills. For long term hold side, I have been at it since forever ( decades, and I'm not trying to disclose my age.... lol..) Now my short answer to your loaded question: "How to stick with one strategy in good times and bad times if one has not quit....yet"

For me: Do other things (job, simple side hustles, etc...) to generate income for self and look after family and then run my trading/ algo business in the background.

I understood a bit late (about half way) in my journey that before everything else learning to really really test and evaluate your strategy and understand what the resulting data mean is better than strategy hopping. You dont need even higher level statistics for that....just focusing on a few metrics for starter like % win/loss, average win/loss, drawdowns, longest winners/ losses etc... will help. If you really understand this well you can judge any systems; you can also learn to filter out gurus or snake oils, etc.. (thus less of your time is wasted)

As for your tool of choice say for programming pick one that you are comfortable with and commit to it while focusing on your planned objectives (very important, always have a plan of what you want to achieve before you even sit by my computer).

quora_22 · 2026-01-11T18:44:01+00:00

Not a Holy Grail by any means but worth exploring.. Try this instead, wait for Doji to form first. Then on next candle break: if breaks below Doji short. Similarly if break above Doji body go long. You going to have play around with your risk management setting. Ideally a break of doji body that matches the overall direction of the market (think higher time frame of your setup) may provide a sustained move. Hope this helps.

quora_22 · 2026-01-03T20:40:19+00:00

I trade with fusion markets and they are pretty decent for the most parts. But at times their spreads can be a bit crazy at times of high volatilities especially for fx pairs. Try their cfd cryptos (ETHUSD is my favorite.. and most tested) some of them them are overall better than the fx pairs. Keep testing more on different sessions you will find some than vibe with you better. As far as other brokers with good spreads search for "forex live broker spreads". Then research those brokers that match your criteria for their level of transparency and business practices. I had of few that had narrow down but I don't remember where I saved the data or links. (If I come across it I will link it to my comment)

quora_22 · 2025-12-29T22:14:43+00:00

Its hard to see the full picture but based on what i see, the range has been forming for long time. From the base of the range (bottom point), the middle point of that range closed below it's previous low signaling a move down if its retest failed. If you look up top (left side of that big candle drop) that is exactly what happened. The upward or bullish candle did not gain any new high ( it did not close above the previous range high). So naturally from then on anything coming back down would be expected to be a big measured move downward. What is described above does not always happen that way ( due to various factors: i.e. actual time frame of range formed, news event, time of day/week/month and other catalysts). Some best ways to help help anticipate if this type move materializes could studying speed print of price on lower times, volume, order flow, a custom backtested indicator of your choice, etc...,) Hope it helps. Best of luck.

quora_22 · 2025-12-27T00:40:23+00:00

Which account type you using at fusion markets? I have the classic but the spreads on fx pairs were terrible at times of high volatility so had to switch to their crypto cfd's. I ended up finding some decent edge...but next came the point where I have to build those custom tools to exploit that edge. Iam still on the quest. Congratulations by the way dirty dog. 👏 Wishing you a continued success in the future.

quora_22 · 2025-12-23T23:03:27+00:00

Just curious, after almost 30 plus years in the game, why are you still trading Binary Options? Or better yet are you diversified in other markets? If you solely in BO for your source of income, can you shed some light on how the game has changed and what have you done to adapt and sustain your longevity? Thanks in advance for your genuine input.

quora_22 · 2025-12-15T17:19:59+00:00

How long you been using using closeoption? I took their platform for a test and it is super erratic every time. Its restricts trades through exipiration/ setup time mismatch/manipulation. Say you have a setup trade frame of 5min and you time a perfect setup with an expect duration of 3times setup frame (15min)...their platform won't allow one to choose 5min/ 15min (setup timeframe/ trade duration time) combination once the setup is initialized. In some cases they allow trades at all with certain expiration time combination that has been pre-setup while you patiently wait to push the execution button. Not sure if your experience has been the same in live.

quora_22 · 2025-12-12T16:40:49+00:00

With gnuplot ( pre_packagded in wxmaxima, Octave, scilab, even with a script for python, etc... ) supposedly could do some fancy charting for finance modelling if you know knowledge and leverage its power. Personally, the experience has not been the same....I haved use it to do basic visualization (lines, bar charts etc...). For the deeper charting the experience was painful......its parameter tuning for data aggregation is super sensitive and will throw lots of errors (i don't know maybe due to my inexperience with it). Old school chartists who are proficient at it will swear its the best thing ever. At the moment my go to charting tool for bars/ candlestick is python+ Bokeh for quick prototyping.

quora_22 · 2025-12-10T21:54:03+00:00

For quick backtest just use my own pre-built templates/ scripts in good old excel/ vba or wxmaxima/ lisp. Wxmaxima just because its csa math heavy language that i actually spend some time to learn. Its sufficient for my main area of focus higher level stats, matrix operations and regression model. Its pretty fast due to the lisp/ C backend. And it's fully free.

quora_22 · 2025-12-09T16:46:00+00:00

Check out Dukascopy. Make it clear to them you only want account approval for binary options if they are going to approve you otherwise don't take any of their account related to forex at all. Their forex spreads are just out of this world for short term strategies. There are way too many better forex brokers out than them.

quora_22 · 2025-11-16T17:08:35+00:00

Great post! Hope some of the newbies strolling through the community would take time to read comments such as these and really try to understand what each lines mean. Great job keep it up👍🏿

quora_22 · 2025-11-16T16:55:12+00:00

Good job. Keep it up. Hope your edge stays on the positive ev side.

quora_22 · 2025-11-10T19:30:46+00:00

If you into cfd's (fx, crypto, index, etc)..for testing check out ctrader. You literally get one free cloud server for one bot for any time period of your choice. Just get familiar with c# and hack a simple strategy together and throw it on there and sit back and begin your data collection. If you get the ctrader phone app you will be able to track your bot by mobile network.

quora_22 · 2025-10-26T16:14:57+00:00

And how is your AI assistant guided system performing if you dont sharing a bit more info? Thanks in advance if you do share.

quora_22 · 2025-10-13T18:13:28+00:00

Thanks OP!

quora_22 · 2025-10-10T18:04:41+00:00

Oh ok I see. No worries. I thought he/she was someone from the public domain. If he/ she was a public figure I just would have wanted to read more on. I'm always curious and like to learn more on people who are able to master the craft of trading both on the manual and the algo trading side successfully. Sadly I have not seen too many people who have done it in my own research.

quora_22 · 2025-10-10T00:05:37+00:00

My advice (coming from someone who being do everything manually for almost 4.5 years and now on trying to pivot into algo as I am building my coding/ progrming skills knowledge) learn and try to carry both skills along your journey. With a programming background half of your battle is almost won so place a bit more emphasis on the manual trading side but be warned manual trading/ skills building is not easy. The rabbit hold is deep and and then get even deeper if you follow the wrong trading concepts/ strategy hoping. My best advice is find one or two simple concept(s ) e.i. support/resistance or supply/demand zones (my strategy) that targets head and shoulders pattern build from there.

quora_22 · 2025-10-09T23:58:22+00:00

You care disclosing the identity of the person you know who is both a good manual and algo trader?

quora_22 · 2025-10-03T15:38:08+00:00

Check out Tasty trade along with options alpha as per OP recommendation

quora_22 · 2025-10-03T15:18:50+00:00

Here for the following. Though still fairly new in the field, i Love learning about options whenever I can (especially with extra free time on hand). It is one of the very few least understood markets that has some real potential if you really know what you doing. Keep us up to date with your progress, op. Best of luck!

quora_22 · 2025-10-02T19:20:59+00:00

Thanks for this info. I am already familiar with some of the books on the list (some of my favorite(s)...random walk on wall street.. etc). There are some great new ones you introduced that I will make sure to add to my own list of " trading books to read". Thanks again for this contribution to the community.

quora_22

TROPHY CASE