[FREE UPGRADE] Main Disc. Thread - The NEW R.I.C.H. Trader (Formerly R.I.C.H. Crypto -- Core Available for Customs)

Product Discussion
#265

I’ve already pretty much dropped so many results I’ve had with RT.

My plan is almost done, my buddy who is already profitable in a consistant manner told me to write down the big lines and keep the paper, written down version by my computer at all time so I can always see it and re-read it.

Regarding results, I’ve had my big ass trade I made, I’m currently in some other trades, but I’ll see how it goes, I’m learning to catch my mistakes, rebound faster from mistakes and losses.

I do feel I’m rebounding faster after losses, I’ve had 6 losses this monday, and was able to keep trading the next day.

Very sad for monday since I’ve had a trade that went up to at least 5RR before turning back wiping my position during the night and reversing even higher than it was. GJ is like that sometime, lots of volatility (and I’m not complaining, plan is to use that volatility).

If you can’t manage your emotions you’ll get wrecked and key to that is to master one’s emotions. RT is great for it.

I’ve also noticed that when I eat like shit, my stress tolerance is much lower. On monday I got losses and I started to get heart palpitation. That’s what I get for spending a weekend eating ice-cream and much pro-inflammatory food.

10 Likes
#266

@SaintSovereign hear me out, how would this title work out name embedded with Index Gate, Stacked with Emperor: Executive? Goal being to learn Python, get certified, get a job within it, and more certifications, while simultaneously learning what is needed to be an effective and profitable Trader…

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#267

Sounds like a quant finance NE to me, lol

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#268

Financial Engineer once Im done lol, but thoughts? Looking to get where I can grab a book, read it, retain the info and be able to recall it at will.

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#269

My business partner that is more technical and codes the trading algorithms is on a stack Stark Black + Index Gate + Emperor Executive. He has really been enjoying that and ive seen how much better he has become at development.

Ive been running Rich Trader as I am an active manual trader and seen lots of value in that. Although from my perspective I think rich Trader would be more effective for manual traders than for algo development.
(I dont code and design the algorithms myself so take it with a pinch of salt)

Now that I think about it I do understand very well the edge of the trading algo’s and am capable of giving positive input for improvements.

Lets see what Saint says may also recommend RICH Trader to my partner.

6 Likes
#270

Learned programming on Stark Black. I’m actively coding and working in multiple languages basically every day now. Never saw too much on Index Gate but I think that’s just a me thing.

RoW might also be interesting for trading but that’s pure speculation. It’s just what I’d try if I was getting into trading. I’m more biased to quant because I’m more math/CS heavy.

3 Likes
#271

EE gives you the drive and engagement to learn from the markets.
R:T gives you guidance on what to study, and what to learn from the markets.

Instead of tackling both at once I would perhaps swap out R:T for Raikov. When you’ve got the certification you can swap out IG for R:T. Raikov will be helping you out as you learn from the markets even if you don’t have R:T in the stack.

I don’t think RoW is better than Raikov/R:T for trading or trading practices. Perhaps when you manage multiple millions (aka when your size is a hindrance), but before that you’ll gain more from R:T ime.

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#272

Does R Trader contain Virtuoso di Matematica?

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#273

Maybe yes but geared towards that goal because trading deals with charts and numbers.

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#274

Ive been running RICH Trader since release.

Just had a great breakthrough. Ive been using the same strategy for about 6 years now. I was well defined and I was strict with it never trading any other way. It worked well and had a great edge. Although I was too set on it and was not willing to do anything else, often missing out on many opportunities because it was not part of my strategy.

Last week I broke that cycle. When the peace deal was signed and crude oil futures dropped almost 20% in a day I bought near the bottom (not part of my strategy) because to me it was very obvious the peace would never hold. Bought the future contracts at just bellow 93 now at 104 while I write this.

The profit is not the breakthrough but its more realizing that my strategy didn’t suit my strengths in the market. I had made so many calls like this that lots of people around me profited from (one of wich has profited over 8 Figures) but not me because I was stuck on proving to myself my strategy was the best.

11 Likes
#275

Same here, I reformulated my strategy so much that I’m currently very calm. I modified my own indicators with the help of AI, even though I’m in the technology field, it saves an absurd amount of time.

Adapting, improving, and removing noise helps a lot in performing well.

A tip: Accept that your strategy has a lot of potential to develop (even if it’s already great), because that’s where it will develop even better. Your mind will be calmer, and your results will be astounding when it flows with the market.

7 Likes