Recent content by savioursofpop

I run an incubator technology fund - we've helped develop a prototype technology called Vigil - which is a real-time, alert system for traders - which maps clusters of individuals, describing unforeseen events, using Geolocation information in Tweets in other words - “social sensors” (people...

bluewater hi - I'm not sure I could give you such professional metrics on my system - but I'll do my best..... The system is called sling shot - its a trend based system It uses 1hr timeframes which might indicate larger daily trends - I trade it across 8 different markets at the moment - 6...

gamma - hi - thanks for the advice - I'm certainly not claiming to be any sort of guru - I've been doing this 3 years but I have a sensible day job which I'm not anticipating giving up anytime soon - and although in the last year or so - I've flet my way towards a workable system - I'm still...

its all in the backtesting and capital management - most systems will take eye wateringly large drawdowns at times - if you're prepared - financially and psychologically - these shouldn't be an issue. The turtles system is a classic example - they only won 30% of the time and they took big hits...

hi - very interesting - and well done on the successful backtest - it sounds like we're taking a similar situation approach - I'd be interested to find out what sort of metrics you're getting from the system (max drawdown, yield etc) - most important of all in my experience with hedge funds is...

hi bluewater - I've tried different automated backtesting systems and eventually bit the the bullet and now build all models in excel - the IG one I found particularly ropey! excel is a little old school and probably a little more complicated than using off the shelf platform - but at least you...

my bet is if I googled this text I'd find it on a hundred different forums - tahoeskiluv - you're selling - and as such - your presence here is about as useful as a **** on a nun...

cammish2 - you are aboslutely right - its a business - and there are some golden rules... Only risk 10% of your net worth doing this stuff - the rest needs to go into sensible investments... Only risk 2% capital per trade - when your capital base takes more than a 10% hit - halve your leverage...

I've been reading t2w for a while now and thought I'd contribute by posting the model I've developed to find trends in a market. Its very simple. For each time interval, it checks the price of a market at different intervals in the past, using that information to set the direction of the bet...

I've bought some from them - I wouldn't recommend them. they were unhelpful and grumpy when I was asking questions (I'm a relative rookie so when you don't understand something its nice not to be made tof eel stupid) if their customer service guy would only read emails rather than just replying...

hi there - can you tell me - when did the FTSE futures market (I trade the daily 100 on IG) start to trade before 8am? I'm trying to find back data to test a model and everyone I've talked to can't supply data before 8am.

sorry - that wasn't clear at all - a while since I wrote this - what I meant was that unless you are a fundamentals trader - i.e. you look at the real world to make your trading decisions - the rest of us (i.e. those who speculate using systems) are at heart - just gamblers with an edge - and...

depends what you mean by nominal....I spend £400 a month harvesting the information (from an excellent supplier in India) and its double entered and verified so the quality is excellent can't really see the atttraction of me giving you free data on the basis of a potentialy future collaboration...

I've had a figure in my mind for a couple of years I read somewhere -90% of all spread betters lose their entire capital stake within 2 years

My advice would mirror much of the above. Risk only 2% of your capital on each trade and follow a system. I make a lot of money trading now, but it took me 2 years and in between I did a lot of reading, a lot of excel modelling and a lot of money was lost before I figured it out. Don't be...