LiuMazei

[LiuMazei @LiuMazei]

@BearBullTraders Andrew, you flash 5 figure wins almost every day without mentioning what you risk (in dollar amount!) on those trades - all newbies suddenly believe that 1 min ORB will easily make them rich fast! And in these posts you pretend you do not see all that.

[LiuMazei @LiuMazei]

@marlowtrades @BearBullTraders @PeakCapTrading I think at the very least the community deserves a clear acknowledgment and explanation on this by Andrew rather than another "1 min ORB will make you thousands" letter. For me BBT without you and Thor is smth cmpltly different.

[LiuMazei @LiuMazei]

@marlowtrades @BearBullTraders @PeakCapTrading Feels like BBT is falling apart.

[LiuMazei @LiuMazei]

@PeterB_242 @AimanBbt @ThorYoung @dastrader @TradingGuardian How do you code the entry and exit criteria in DAS? E.g. size of candles, wicks, certain sequences, entry placementetc? In TradingView I was using Pine scrip for this task, but was not aware it was possible in DAS. Is it?

[LiuMazei @LiuMazei]

@GPTraderCo May I ask, at what point (in terms of R or perhaps other criteria) do you move the stop to break even? Thanks

[LiuMazei @LiuMazei]

@samuraipips358 I backtested my strategy for 2 years back on 16 tickers (US large stocks). These are the results. Would be grateful for any views!
Trades: 4,053
Realized R: +539.86R
Win Rate: 37.3%
Expectancy: +0.133 R
Av Win: +2.29 R
Av Loss: -1.00 R
R:R Ratio: 1 : 2.20
Profit Factor: 1.48

[LiuMazei @LiuMazei]

@samuraipips358 If I am trading large cap US stocks (the same pool of ~10 tickers) for the first 3 hours after the open (in general terms, it is momentum continuation strategy), what should be the sample size for backtesting. Is going 365 days back for each ticker a decent amount?

[LiuMazei @LiuMazei]

@CarlosmBBT @BearBullTraders Great trade. Also shows that 1 min ORB not always a good idea - would have stopped out immediatelly 🙂

[LiuMazei @LiuMazei]

@samuraipips358 I continue to receive and always read your posts - they are absolutely brilliant and really hit at the very core of trading.

[LiuMazei @LiuMazei]

@Wordsofrizdom I personally use a system of a predefined dollar amount risk - to enter the trade you must to mouse click on the chart where your stop is placed (and then click hotkey). So it is impossible to start a trade without a predefined dollar amount stop.

[LiuMazei @LiuMazei]

@ThorYoung @DrCharland Does this mean that the free version of the indicator on TV is not functional anymore?

[LiuMazei @LiuMazei]

@LA_AM_Trader @BearBullTraders Other than that, no issues using DAS with Parallels?

[LiuMazei @LiuMazei]

@ThorYoung @ThorYoung are the cams pivots used in Trading View (Thors mode) the same as DAS pivots? Or they are calculated differently?

[LiuMazei @LiuMazei]

I see a lot of tweets/screenshots of green "one and done" trades. But I have NEVER seen a RED "one and done". It is easy to stop when you are green, but incredibly difficult when you start the day red, especially if you break your rules.

[LiuMazei @LiuMazei]

@TurboBreakEven @BearBullTraders @IBKR @dastrader @bookmap_pro Your exits are incredibly accurate!

[LiuMazei @LiuMazei]

@samuraipips358 May I ask do you trade individual stocks, futures or forex? And how long did it take for you to become consistently profitable? Thanks

[LiuMazei @LiuMazei]

@samuraipips358 Key thing is volume creating price movement. As AI-supported systems will compete against other AI, it might be actually very beneficial for traders, helping to spot patterns/moves. Also, the majority of market is already controlled by "AI" algos.

[LiuMazei @LiuMazei]

@samuraipips358 Brilliant post!

[LiuMazei @LiuMazei]

@samuraipips358 Thank you for clarifications. Very grateful for you taking the time to respond!