Just did some incredible backtests on cryptocurrency trading strategies

[Seth Walsh]

 

[Seth Walsh]

8

 

[케이제이]

Would you be kind enough to elaborate?

 

[Seth Walsh]

Would you be kind enough to elaborate?

Just tested a moving average strategy on historic data for tons of coins and observed that the win rates were very low (10-20%) max. Profits greatly outweighed losses, for literally every coin. And concluded some coins are way better to trade than others (some better than Solana, over the same time frame). Crypto creates REAL trends, that’s where the money is. Stick to your rules and endure your strategy.

 

[eduardkoopman]

Just tested a moving average strategy on historic data for tons of coins and observed that the win rates were very low (10-20%) max. Profits greatly outweighed losses, for literally every coin. And concluded some coins are way better to trade than others (some better than Solana, over the same time frame). Crypto creates REAL trends, that’s where the money is. Stick to your rules and endure your strategy.

Would be hard, to swallow a 9 times in a row (or more) loss streak.

 

[Zangano1]

I want to get rich by cryptos tbhngl

 

[Seth Walsh]

Would be hard, to swallow a 9 times in a row (or more) loss streak.

True but you gotta have max position sizes, tight stoploss, max total drawdown etc, regardless of the win rate or how many losses you endure in a row. Of course, any strategy can see 99-100% drawdown but it's about minimising the risk of ruin.

 

[FutureSlayer]

Past performance is no guarantee of future results

 

[eduardkoopman]

True but you gotta have max position sizes, tight stoploss, max total drawdown etc, regardless of the win rate or how many losses you endure in a row. Of course, any strategy can see 99-100% drawdown but it's about minimising the risk of ruin.

Yes, I understand that. And how that works on the theory. Doing 10 trades. Losing like average 150 usd on each 9 trades. And the 10th trade, being right and letting it run, to like 2500 usd profit. And one is in the average plus.

It's mentally next level stuff. To be able to do that. It's for pro traders, imo.

 

[Harold O'brien]

past-predicts-future-tard

 

[Harold O'brien]

(it doesnt)