To me the solution comprises five steps: 1. Get your house in order To succeed in trading, automated or not, you and your life need to be in balance. This relates to questions such as "Are you fit to trade?" and "Do you know how to live?" These ...

Trading for a living

Couldn't have put it better.

Trading for a living

Of what use to you? Well, I've suggested an approach that, as opposed to the contents of this video, is not subject to serious doubt. I guarantee you that if you do your homework you will be able to find something that meets your expectations of ...

Trading for a living

Yes, worth testing and, as the presenter suggests, "go away and play with", but there are several aspects of the performance claims that are more than questionable - Sharpe ratio, profit:drawdown, max drawdown, etc, which all point to either testing ...

Trading for a living

Yes, of course, the retail traders' fear that the broker/dealer//mm/whomever is after them is completely delusional. And what you are quoting is from online sources that are one step removed from that delusion but still not expressive of how things ...

Trading for a living

Sound and realistic thinking Yes, most coaches/educators are like that. Trying to make easy money from the ignorant. But there are different ones, aimed at the more competent or even professional, but then more pricey. What could you do? ...

Trading for a living

It's not about my eyes; it's about your trading results. If you need coaching or training, there are providers of that. Etc.

Trading for a living

Very well, but I am not going to engage in that level of discussion. This is the kind of development work you need to be able to handle on your own. Some have evidently been able to do it brilliantly. Do you have what it takes to make it as a trader? ...

Trading for a living

Not sure I understand your markings, and in any case I can't provide personal tutoring to large numbers of anonymous people online. I've received a good number of PMs with requests for assistance, and I don't have the time to help everyone. Besides, ...

Trading for a living

I don't use NT, but I've heard mixed reviews of their Renko implementation. Some people buy 3rd party implementations instead. Can't comment from my own experience. But your chart looks good to me by comparison with mine. See below, with what seems ...

Trading for a living

There are several good reasons for why you should give up your ORB fantasy, the most obvious one being that it's well known that market makers have done their best to eradicate whatever profitability that it may have had for US stock indices. A more ...

Trading for a living

I mostly use my Tradovate account or prop firm accountd using Tradovate. I typically use stop entries, either with entry one tick above the Renko brick about to be formed, or using a moving average or SuperTrend to define the stop entry level.

Trading for a living

I did not suggest Renko on a 30m chart, but Renko on a tick-by-tick chart, as you can get, for example, with ProRealTime.

Trading for a living

This is a bit unfair, I think. There's plenty of help available here, but you have discarded almost all of it. There are ethical and legal reasons for why universities don't teach these things. There are at times companies that try to teach people ...

Trading for a living

Oh, a purchased algo. Let mew tell you why An algo bought for little money will never produce dependable income And for that I'll tell you the story of my biggest ever trading success, in terms of percentage return, and how it come to an end. Due to ...

Trading for a living

I'm inclined to agree. The strategy that you and I, from different perspectives, have suggested would safely meet the requirements if committed to. For my version not even manual backtesting is needed. The trading platform ProRealTime offers a 14 ...

Trading for a living

What may become embarrassing is how we are complimenting each other repeatedly in particular as it isn't very specific, and if it is, then only related to what we choose to share. I would be more than happy to continue our dialogue, but then ...

Trading for a living

Oh, no apologies needed at all. And thank you very much for a very rich and generous answer. Very thoughtful, deeply considered, and impressively self-aware. To retribute I'd say that I rate and appreciate my trading work more than my most ...

Trading for a living

Yes, I completely agree. Why I like Perplexity is because it's a knowledge generation tool rather than a prosthetic compensating for intelligence and skills one neither has nor understands. One can use it for research and generate quite astounding ...

Trading for a living

No, I don't like Ai in general, but I love Perplexity Ai. And the sentiment expressed in the post is not necessarily mine. I have to admit that I posted it partly to stimulate debate You may very well have a point, but you reason based on an ...

Trading for a living