Just my 2 cents...
I use EUR/XBT on Kraken
My goal is on long-term trading (above 2 years)
I backtest uptrending (from 8 to 200%) and downtrending (-50% approx) market (4-6 months up an year), then the whole period from 01-01-2016 to actual time.
The only medium-long term strategies that I find useful in REAL time trading are tma, bullbearrsi and neural (better in bullish market). bbrsi for bearish market works well too. I actually using 2 separate accounts with 2 real live strategies running.
Bruteforce backtesting
Generally i start directly live trading. Actually i have a neural net stategy running in papertrading.
I said some lines above. Note: with a neural stategy i did double my capital in 6 months.
Hugs!
Quote:As far as I can see it there are a couple of steps involved in defining what strategy you're going to use:
Determine which asset/currency you're going to trade;
BTC/USDT, ETH/BTC, XRP/ETH, etc.
I use EUR/XBT on Kraken
Quote:What timeframe would you like to cover in your upcoming trade-periode;
Are you looking for shortterm (few weeks, a month) or longer term (months, year) trade-period?
My goal is on long-term trading (above 2 years)
Quote:What timeframe in the history would resemble your upcoming trade-periode (I guess this requires some feeling for the market);
Do you expect your upcoming trade-periode to be overall bullish or bearish?
Was there a time-span in history with a comparable trend?
I backtest uptrending (from 8 to 200%) and downtrending (-50% approx) market (4-6 months up an year), then the whole period from 01-01-2016 to actual time.
Quote:What is the actual trade strategy you're going to use?
Do you base that on trying out a couple of strategies? Do you have a go-to strategy?
The only medium-long term strategies that I find useful in REAL time trading are tma, bullbearrsi and neural (better in bullish market). bbrsi for bearish market works well too. I actually using 2 separate accounts with 2 real live strategies running.
Quote:Finding the right parameters
(brutforce/gekkoga)backtesting?
Bruteforce backtesting
Quote:To papertrade or not to papertrade?
Once you have your tradeperiod, strategy and parameters, do you actually start papertrading or do you start live-trading based on your research so far?
Generally i start directly live trading. Actually i have a neural net stategy running in papertrading.
Quote:How did you come up with the set-up you're using for live-trading and which strategy are you using?
I said some lines above. Note: with a neural stategy i did double my capital in 6 months.
Hugs!