Does anyone here actually have a consistent reliable trading strategy to be profitable? I've spent forever trying and creating new strategies that I think will be good but whenever I create the script and backtest it on tradingview I'm usually better off just holding.
Am I just too retarded to make it?
Other urls found in this thread:
github.com
tradingview.com
twitter.com
>I've spent forever trying and creating new strategies
>not taking literally anything from quantopian and applying it to crypto markets
kek
>better off just holding.
You're misunderstanding what you're doing. The point of trading is to create a reliable revenue stream, not to beat the market.
nope. not a one.
?
If you don't beat the market you are quite literally wasting time and money
I usually do very well trading at sub-minute resolutions (I query data every 15 seconds), but it's an amount of stress I can barely handle, not worth it.
No, you are valuing a revenue stream above that of hitting a moonshot.
"I will trade 5% of the moonshot in return for a steady $1k per week" is a valid strategy.
I keep up to $5000 worth of eth or btc on smaller exchanges. And I subscribe to a service that notifies me right before coins get listed on bittrex, binance, or bithumb. Once I get notification, I buy up the cheap coins and sell a bit later for 20-50% profit.
Sell after a series a green candles, wait, buy back cheaper. Not that hard desu
I do pretty good day trading but every time I talk about it on here, people accuse me of LARPing. It's real though. Started with $2500 in September, hoping to break a million by 1/1/2019. We'll see. My strat would be hard to imitate though. I use a combination of bot and manual trading on about 20 exchanges just looking for patterns. The most obvious patterns are programmed into the bot but the harder ones, I trade by hand.
Sell put spreads on cyclical bottoms. Use it to buy leap put's priced lower ~1 year out to cover your ass. Then continue selling another 8 times before you extend or cash out.
well if you would give some examples maybe people would believe you
no put spreads on crypto
strat guy
Chad Staircase.
huge gains if you know how to spot it early.
What service is that, searching one like this.
Um, don't really care if people believe me since the money spends just as good either way and I've given examples of how I trade on here before and people just laugh and say it couldn't possibly work. Yeah okay.
Do you just backtest or do you try to find actual causal factors rather than just observing patterns?
I mean - when you have a 'strategy' can you actually trade where the flow is coming from? Can you explain the 'why' not just the 'how' it is happening?
do you trade on low volume exchanges for arbitrage opportunities? ive seen you post alot over the last few months, and have convinced me that you are telling the truth. besides, who would put that much effort into a larp?
For the last two months I've had a consistent strategy and the gains have been exponential. I won't share it because it would obviously hurt my own profits but basically it involves arbitrage and DEXs and I win regardless if the market goes up or down, and in fact the more volatility the better. I don't make a lot of profit when the market moves horizontal like today but I am going to make moves as soon as the market breaks out of this accumulation channel.
That's me. Got a shit load of email addresses haha. Gonna be some happy dudes next year. Just steady watching prices and making trades.
I arbitrage but only by accident. Say I buy a coin on Livecoin or somewhere and it's going for a lot higher on Bittrex, and it's looking like the book is thin on the first exchange, I'll send it over. Other than that, I don't really look for anything like that. It happens quite a bit though since I'm on so many exchanges.
I don't understand how you are able to beat everyone else in arbitrage
>does anyone here actually have a consistent reliable trading strategy to be profitable?
yes I do have one, nothing to humble brag about, so far x3 in BTC terms since Jan 1 2018
I think I win cuz I put so much work into reducing latency on my bot. I mean, when a price hits the right spot, somebody's gotta buy first, right? May as well be me. I keep a ton of historical data locally, I always use web sockets even when I have to reverse engineer them from the exchange's web site, etc. I can analyze a pattern and have a buy in pretty dang fast. Just a few milliseconds and I keep track of the order book so I know which exchanges I'm routinely first on and it's quite a few. About the only exchange I've found to be hopeless is Binance. Still haven't figured out how to consistently high frequency trade there and make money.
Where did you teach yourself this? Any resources I can look into? Thanks user. I find this fascinating.
yeah i do, took me 2 years of backtesting and programming though
Crypto and reliable is a non-starter at this point.
Yes op. Believe it or not I've made money by simply learning some basic ass TA, tracking the movement of big Daddy BTC at all times, and having patience.
funny enough, that's the only one that does it for me, others didn't
you started testing in 2016 but only invested in september? wasn't bitcoin cheaper in 2016? can you predict barts?
Buy a ton of safe assets and a couple of risky ones.
i started crypto in 2013, started learning programming, took about a year, wrote first bots, started testing in 2015-2016, now it makes a profit. But i've missed so much money messing around with bots to be honest. Should've just held. Anywho i'm making up for these losses now last months
Well, first thing is learn a programming language. Pretty much any will do but I'd suggest Python as it's easy and popular. Then head over to github.com
That's nuts, man. I've tried and tried and for the life of me, I can't make a dime on Binance with hft. I still have hope though so I keep a few grand on there.
It's just the method that makes the only difference. But binance has good volume, so it's kind of weird that you can't get a profit there to be honest
I try to buy low and sell high
tradingview.com
someone on a thread the other day posted this
it works alright, maybe use it for confluence?
I think the problem is my strategy relies on very short time frames and being first on the order book. Binance just has too much volume so there's always somebody ahead of me. I have a couple of other strats that don't depend on the quick timing though. Maybe the old reliable, wait for dip and buy below previous support. That old gag seems to work. It's just so damn boring waiting around.
I'm checking this dude's stuff out and the issue I have with this idea and others like it is you're betting against the market. I mean, the market has "discovered" the prices at his entry points so how could I reliably buy there and expect to get out at a profit more times than not. It looks like one of those ideas that works great in hindsight. My insight is buy when the price is low but not low because the market discovered the low price (if that makes sense). Buy when the rest of the market isn't paying attention or hasn't reacted yet.
its been working fairly well for me, it does use close so it will buy at the end of the bar (start of the new one) which I guess is a fault.
I get what you mean though, I usually just use it as a "guide"