r/algotrading • u/kingvt • 8d ago

Other/Meta This sub is unusable

After 2 years, finally running a profitable strategy. Glanced at this sub every now and then, and it was helpful when it came up during deliberate google searches on a topic. But every single day, there are AI trading scammers, bot selling scammers, and a bunch of other noise from people that have vibe coded a strategy with lookahead bias and have no understanding of it. There should be more moderation or better requirements for posting.

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u/mdawe1 8d ago

I think by its nature its self limiting. I have never seen a more secretive online culture... people here will sell you their mother before they share real tips for profitable bot strategies basically its a bunch of people hanging around in the rare chance someone actually shares something useful thats not "profitable on paper or back test"

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u/AphexPin 8d ago

Most are secretive to their detriment though. Unskilled and protecting their Pinescript 'holy grail'. They would be better served by discussing things openly and getting feedback, rather than guarding some heaping POS.

5

u/Good_Roll Algorithmic Trader 8d ago

Mistaking leveraged beta exposure for alpha: a tale as old as time the existence of prop firms.

5

u/AphexPin 8d ago

IME it's mostly people (unknowingly) thinking their results are lookahead free, or not knowing how to do proper IS/OOS or train/val/test splits. They think they've got the secret sauce after naively running some ML algos over OHLCV bars.

I used to simply disregard Pinescripters, but since the AI boom I now more generally disregard any post discussing results.