Learning profitable automated trading

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Old Apr 20, 2010, 4:53pm   #136
 
N Rothschild's Avatar
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Re: Learning profitable automated trading

1500$ profit over 958 trades? are you actually for real?
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"It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader
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Old Apr 20, 2010, 5:00pm   #137
 
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Re: Learning profitable automated trading

you make all these lists of why automated systems are better than discreitonal trading, but you forgot to mention you're making $1500 over 958 trades, thats a dollar 50 per trade and a 53% winning ratio. also loving the 30% drawn down.


HAHAHAHAHAHAHAH
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"Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild

Bullsh!t, Bearsh!t all smells the same to me!

"It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader
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Old Apr 20, 2010, 5:18pm   #138
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Re: Learning profitable automated trading

For some reason I'm not getting email notification of thread replies ... going back to something I posted earlier, simply dividing total return by number of years overstates the CAGR.

E.g. let's say you made 200 pct in 10 years, that is NOT the same as 20 pct CAGR, it's more like 12 pct/year (1.12^10 approx equals +200 pct profit).

Thus it is accurate in this example to say the system makes 12 pct a year, not 20 pct a year. This is a common error I see frequently.

Anyway, you two ladies continue..
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Old Apr 20, 2010, 5:27pm   #139
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Re: Learning profitable automated trading

Quote:
Originally Posted by N Rothschild View Post
check it! just made my own system thats wipes the floor with odt..took all of 5mins!

back tested over a year

7 winning trades, no losses, 120% over a year..wow holy grail...oh no wait i kept adjusting it till it gave me the print out i wanted. shame it doesn't actually work
Have you posted it on ebay yet? I'm looking to buy a nice cheap auto trade system that works as well as yours or better! I'm too lazy to want to trade myself anymore, after all this is the 21st century already.

Peter
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Old Apr 20, 2010, 5:29pm   #140
 
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Re: Learning profitable automated trading

1.99
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"Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild

Bullsh!t, Bearsh!t all smells the same to me!

"It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader
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Old Apr 20, 2010, 5:34pm   #141
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Re: Learning profitable automated trading

oildaytrader started this thread
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Originally Posted by Shanghai View Post
Are you seriously trying to say that this is a good looking equity curve that shows you have an edge in the market?
You are saying nothing new or what we do not know already.

First understand how automated systems work, they all have drawdowns and also losing periods.The market conditions have been pretty adverse for last three months for this system.

The system has been known to go through drawdowns and losing periods over the last 10 years.

Your comments are not adding anything of value , besides this same equity curve was already shown to you on backtests presented here in the excel sheets

http://www.trade2win.com/boards/gene...ml#post1107620
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Old Apr 20, 2010, 5:40pm   #142
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
Quote:
Originally Posted by N Rothschild View Post
you make all these lists of why automated systems are better than discreitonal trading, but you forgot to mention you're making $1500 over 958 trades, thats a dollar 50 per trade and a 53% winning ratio. also loving the 30% drawn down.


HAHAHAHAHAHAHAH
14 year old

Let me repeat .The systems has drawdowns of 30 to 40 %, actually 3 the month drawdown is 3k/20k = 15%

http://www.trade2win.com/boards/gene...ml#post1084340
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Old Apr 20, 2010, 5:42pm   #143
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Re: Learning profitable automated trading

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Originally Posted by N Rothschild View Post
1.99
I'll take 3

Peter
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Old Apr 20, 2010, 5:43pm   #144
Joined Jan 2009
Re: Learning profitable automated trading

This is the advantage of a mechanical system which you truly believe has statisical edge ... you're able to trade through the drawdown. Typically, a system with a CAGR/Max DD ratio of over 1 is considered good (e.g. over 10 years it returns 30 pct a year, with max drawdown 30 pct).
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Old Apr 20, 2010, 5:44pm   #145
 
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Re: Learning profitable automated trading

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Originally Posted by meanreversion View Post
For some reason I'm not getting email notification of thread replies ... going back to something I posted earlier, simply dividing total return by number of years overstates the CAGR.

E.g. let's say you made 200 pct in 10 years, that is NOT the same as 20 pct CAGR, it's more like 12 pct/year (1.12^10 approx equals +200 pct profit).

Thus it is accurate in this example to say the system makes 12 pct a year, not 20 pct a year. This is a common error I see frequently.
http://www.moneychimp.com/calculator...calculator.htm

I made it 11.61%

Quote:
Anyway, you two ladies continue..
That was no lady; that was his secretary.


I want to see an indiscretionary trading system.
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Old Apr 20, 2010, 5:47pm   #146
Joined Jan 2009
Re: Learning profitable automated trading

You could design an indiscrete model to trade, and call it a 'Kate Moss'.
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Old Apr 20, 2010, 5:47pm   #147
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
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Originally Posted by N Rothschild View Post
1500$ profit over 958 trades? are you actually for real?
The lot sizes if increased to $10 per pip would make it $15,000 , or $100 per pip to $150k.
Trading $1 per point is no reflection on the system, it is just me increasing stakes slowly.
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Old Apr 20, 2010, 5:51pm   #148
 
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Re: Learning profitable automated trading

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Originally Posted by oildaytrader View Post
The lot sizes if increased to $10 per pip would make it $15,000 , or $100 per pip to $150k.
Trading $1 per point is no reflection on the system, it is just me increasing stakes slowly.
well it managed to draw down 30% on $1 a point, some how i dont think there would be much of your account left if those losing trades were 10 times the size.

i think what makes this all so funny is, you clearly cant trade and have no clue how to, so you design these pathetic systems, which return about as much as a savings account!
__________________
"Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild

Bullsh!t, Bearsh!t all smells the same to me!

"It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader
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Old Apr 20, 2010, 6:02pm   #149
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
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Originally Posted by meanreversion View Post
This is the advantage of a mechanical system which you truly believe has statisical edge ... you're able to trade through the drawdown. Typically, a system with a CAGR/Max DD ratio of over 1 is considered good (e.g. over 10 years it returns 30 pct a year, with max drawdown 30 pct).
After every 5,000 pip gain increase stake by 20 % , the equity curve will be far greater, probably get in excess of 100 % per annum using your cagr method of calculation.

All figures are in pips on excel sheet.
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Old Apr 20, 2010, 6:04pm   #150
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
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Originally Posted by N Rothschild View Post
well it managed to draw down 30% on $1 a point, some how i dont think there would be much of your account left if those losing trades were 10 times the size.

i think what makes this all so funny is, you clearly cant trade and have no clue how to, so you design these pathetic systems, which return about as much as a savings account!
Mr 14

with larger lot sizes you have bigger account size i.e money.
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