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Hey Consz, I'm glad you laughed, as I tried my best to make it humorous. You're absolutely right, it is total amateur hour. Sometimes I can't believe this is h
by peterkto2 12y ago
Hey Consz,
I'm glad you laughed, as I tried my best to make it humorous. You're absolutely right, it is total amateur hour. Sometimes I can't believe this is how I make money! Price-action based trading can be so intellectually vapid. And that is why I feel so blessed to have this job and to be able to make it work. I don't try to pretend to be anything more than what I am. I don't make 7-figures but I make consistent, steady, low drawdown thousands that add up to a 1%-er income. I'm only 25 so I like to think there's room for improvement too. If you're doing better than that, congratulations.
130k is just a number in the middle of the drawdown that I arbitrarily referenced to give some context. You'll have to read the rest to see what the final number was when the full loss was realized.
Well, I'm getting "stop submitting too quickly" msgs and I'm sure there will be no shortage of people telling me this will never work, it's all random, no edge when backtesting, etc. So I'm done debating for the night, best of luck to you guys, hope you read part II!
- tjradcliffe 12y agoI'm in the "technical analysis is nonsense" camp but enjoyed your story. You write an entertaining line and I look forward to reading the rest of it.