Topic: Wouldn't it be nice... (the LazyWhale algorithm) - page 15. (Read 24717 times)
Trying to get into mining has probably been the worst decision I made throughout it all. At the time it made sense. There's that hindsight again
Speaking of hindsight, my BFL SC60 just found its *second* block 
alas I'm in a pool...
oh, how I laughed!
alas I'm in a pool...oh, how I laughed!
You're 'legendary', in it since 2011, and selling bits and pieces only brought you down by a factor of 3 from that 2011 entry point...
I'm going to assume you're doing well enough, pool or not pool
Heh, I'm doing OK.
On the one hand I could lament that I barely had the cash to feed myself in 2011, so I really was scraping around for something *anything* to buy a few BTC with!
On the other hand it was only a dollar a coin
I know it sounds like I'm just playing it down but I've made for more money actually working than I have with BTC (...for now at least!)
Hindsight would have probably starved me to death!
Sweet! I hope the algo produces another buy signal soon, because I'm as in as I need to be right now.
May follow the next sell signal, but only with a part of my stash...and probably only if I decide to buy more in the near future.
May follow the next sell signal, but only with a part of my stash...and probably only if I decide to buy more in the near future.
Speaking of hindsight, my BFL SC60 just found its *second* block ::) alas I'm in a pool...
oh, how I laughed!
oh, how I laughed!
You're 'legendary', in it since 2011, and selling bits and pieces only brought you down by a factor of 3 from that 2011 entry point...
I'm going to assume you're doing well enough, pool or not pool :P
Speaking of hindsight, my BFL SC60 just found its *second* block alas I'm in a pool...
oh, how I laughed!
alas I'm in a pool...oh, how I laughed!
nice tread!
Although I am buy and hold, risk management means that during every run up I took money off the table. If I had the foresight to have just held everything since when I started I would be better of technically (by a factor of about x 3) but in selling on the way up and buying on the way down I've ended up in a pretty nice spot, have paid some bills and have a couple of bitcoin for a rainy day. If I had the discipline to have followed this algo...
...hindsight's a tough old bitch though eh
Although I am buy and hold, risk management means that during every run up I took money off the table. If I had the foresight to have just held everything since when I started I would be better of technically (by a factor of about x 3) but in selling on the way up and buying on the way down I've ended up in a pretty nice spot, have paid some bills and have a couple of bitcoin for a rainy day. If I had the discipline to have followed this algo...
...hindsight's a tough old bitch though eh
Oda, would you mind sharing the tools you are using for automating this? I'm looking to recreate your workflow. I use Tradestation for equities, options, and futures. But I haven't found anything decent for Bitcoin yet.
I am subscribed to Tradingview myself, which is an okay site, but I started noticing that most of my "idol" traders are using Sierrachart. D'oh! I believe that the ability to code your own strategies is at least as developed as on TV.
Other than that, some of what I call my 'tests' are ad hoc written programs (in Java, usually) that I crudely hack together to test some particular idea on some data set. I'm almost sure there are more efficient ways to go about this than what I do (R comes to mind, but I'm not good enough at it), so I don't recommend that approach.
Oda, would you mind sharing the tools you are using for automating this? I'm looking to recreate your workflow. I use Tradestation for equities, options, and futures. But I haven't found anything decent for Bitcoin yet.
What is the basis of your algorithm?
Already answered that, as far as I will answer it for now...
Q & A
Q: Is this a momentum-following strategy?
A: Yes and no. At the core of the strategy, there are several momentum signals, but they are combined in a not completely obvious way, I would claim. So the complete algorithm doesn't have much in common with, say, a classical exponential moving average strategy.
[...]
Q: Are you going to tell us the exact parameters of the method?
A: Not right now. Think of this as a 'public test' of the method, to see how it performs. If it fails, you're free to ridicule me publicly as well
Q: Is this a momentum-following strategy?
A: Yes and no. At the core of the strategy, there are several momentum signals, but they are combined in a not completely obvious way, I would claim. So the complete algorithm doesn't have much in common with, say, a classical exponential moving average strategy.
[...]
Q: Are you going to tell us the exact parameters of the method?
A: Not right now. Think of this as a 'public test' of the method, to see how it performs. If it fails, you're free to ridicule me publicly as well
What is the basis of your algorithm?
LW Live Signals:
(don't take them too seriously, I'd suggest)
Buy @239-241, 2015-05-03
Sell @236-244, 2015-04-09
Buy @236, 2015-02-13
Sell @311, 2014-12-19
Buy @372, 2014-11-10
(don't take them too seriously, I'd suggest)
Buy @239-241, 2015-05-03
Sell @236-244, 2015-04-09
Buy @236, 2015-02-13
Sell @311, 2014-12-19
Buy @372, 2014-11-10
Jump to: