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Recently, U.S. Senator Bill Hagerty from Tennessee spoke at the Bitcoin conference, stating his efforts to push for Bitcoin-supportive legislation to promote freedom and opportunity. This year, cryptocurrency has become a key battleground in the election campaigns. It remains to be seen whether future policies on cryptocurrency will improve.
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The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value. The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
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By XTRAVAGANZA · Posted
I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
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Question
Spandy
Hi folks.
I'm trying to get my head around the lengthy process of backtesting strategies. I know that a lot of people find this is a very important part of their trading, and are keen to know that their strategy will be profitable before they engage with it.
I'm keen to learn how people view this.
Back testing takes an enormous amount of resources in terms of time and if someone is going to be managing their trades anyway and using price action, observation of technicals and to justify when to enter and where to exit, is it necessary to define some rule which, in terms of supply and demand is arbitrary, is weighted towards the past and doesn't add to the recognition of what you are seeing?
Aren't defined trading strategies (enter when market trending, at test 50 EMA retrace, with a trailing stop of 3 ATR) simply an effective way of keeping the trader disciplined to principles, rather than a rigid holy grail rule which one can plug into an algo, set and forget and not have to manage?
It feels that it is more important to know why a strategy works or doesn't work, to know what the history R ratio has been.
If you accept the idea that the average retail trader has to manage their trade anyway, that breakouts occur, pullbacks occur, markets trend, and markets range, risk needs to be quantified and managed and targets need to be set per principles, then what difference does entering lots of data on a spreadsheet of 1 way of decoding the decision pathways above, do to a retail traders bottom line? What does it do if they do this repeatedly? Does it depend on personality? Can you be a profitable trader without it and are you likely to blow up an account if you don't?
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