If you want to get into trading these are the most important concepts you need to learn. Risk reward vs win rate & probability of consecutive losses for position sizing.
@poteto@kepano I literally just asked my grok bot to draw me the work flow and decision tree schematics a couple dozen minutes ago. Then i see this post, nice.
@poteto Poteto, how do you deal with your bots losing the conversations’ train of thought with every reset? Between last week and this week it is like I’m talking with a completely different bot (worse because it lost the context).
@jadecap_@TradingLucid I’m thinking it is because of the Legend of Zelda Rupees(the gems currency of the game) but since the platform is Lucid they switched the R for an L.
There have been 4 major revolutions in the past 250 years: American, French, Russian, and Chinese. Only one led to individual rights and prosperity. The others led to mass death and tyranny. The US revolution was unique because it said two things: 1. Our rights come from God not from the govt. 2. Humans are power -hungry so we need to limit govt power. So the next time someone attacks the nation of one revolution that succeeded and recycles the the idea of those that miserably failed, you can ask them: are you ignorant, or malicious?
@larpochka It has sorta always been like that, but the resources were much more constrained. Instead of directing just 1 body and 1 mind with fairly limited processing capacity we now have a team of expert “minds” to assist in task completion.
I have a question on that 50% extension entry. The stop loss would be at 126.9% to get a 1.3 to 1 RR. However, you also wrote to use the 100% extension as an invalidation. Which would make that 50% extension entry to target midpoint with a stop at 100% stop a 2: 1 RR. Which one is it?
@elonmusk Noticeable difference in grok build since the release. Previously it could not code a working trading view pine script strategy for backtesting now it can.