Martial arts dad. Trader of the shitshow model. Musician. Creating my own legacy and the future of my kids! Join the shitshow movement!
Sweden
Joined February 2015
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Making music reminds me I'm more than one thing.
No P&L. No scoreboard. Just creating something because it has to come out.
That matters. The legacy I'm building for my kids isn't only what I earn. It's who I am when the noise is gone.
The dump isn't the opportunity.
The opportunity is what you do after it.
Everyone wants to be a hero in the move they already missed. That's how accounts get blown: size up, revenge trade, give it all back.
You already know this. The hard part is doing it when the chart looks "easy".
Protect the account first. The next setup will still be there.
Grokbot is bloody awesome!
I've made it my own personal assistant in many ways now and it makes the every day life so much easier!
The team really outdid themselves on this one!
Conserving capital is just as important as winning!
The first thing is what a lot of traders forget and they size up too quickly, revenge trade and what not.
That's how accounts are blown.
While we cannot control our emotions, we can learn how to deal with our response to them! That's two completely different things.
Don't believe everything the "enlightened" tell you.
Just because something is old doesn't mean it's bad.
Some things from the past deserves to be recognized for the value it brings.
There's a lot more to this game.
I have managed to automate some parts but not getting the results I want from it. (Yes it is profitable but not near the same results as if I do it myself)
Will keep it up, subjectivity is without a doubt the hardest part to get right!
The more I work with AI now the more I realise the posibilities.
Seriously this is awesome!
1 of 3 indicators are perfected now I believe. I will try to add/improve more as I go but I've reached the point where it just feels so good. The other 2 are a little more subjective so harder to make. We'll see how this ends up 🤣
Besides that I've started to work on some other things as well!
Life is awesome!
I've now converted from grokbot to claude.
Time to create some badass indicators, I have 3 in mind so far.
Here's an idea.
If you see something you find interesting, or if you learn soemthing from someone.
Try to actually backtest it for yourself and see if it holds value, instead of just assuming it does.
Someone elses view isn't your own.
2 different people can have the exact same strategies. One person has a 40% wr, the other has a 70% wr. But they both use the exact same strategy.
Why do you think that is?
It comes down to experience, seeing the same thing over and over, and as you do you pick up on more things.
Value your time!
Just because I have a bias doesn't mean I have to take trades in that direction.
The power of subjectivity is flexibility, meaning one can adapt over time regardless of the outcome.
"You can be wrong and still make money"
Just because you created something, doesn't make you the only one able to do so.
If you did create something, then awesome, very well done. But going around believing no one else can do the same is pure ignorance.
The people who made these discoveries decided to walk their own path and not follow the masses, which means more people can do the same.
Do not believe the ones who shout the loudest with their talk about no one else can do it, it's just their own ego rambling...
"Do you still backtest?"
Yes I do.
"Why?"
Does anyone in any other field stop practicing in order to keep/hone their skills?
The moment you stop, is the moment you lose. You don't improve by doing nothing, you only get worse.
The best way to grow as a trader is to stop relying on your mentor once you've learned a strategy.
They can still help you, don't get me wrong. But you shouldn't take trades based on what they think, you shoulz rely on YOU!