Recent content by NetTecture

> For raising money to trade for other people, there are a lot in terms of paperwork and cost associated with this and > depending on the jurisdiction can run at 6 digits per yer in expense... Nope. It is not like funds that pay quants or prop trading companies are not a thing - they handle...

You need to identify your market and what value you think to provide. Here is a hint: It is not successfully traders - it may be their signal operation IF they run that, but not their trading in itself, at least for most of them. Depending on their timeframe of trading they have either no real...

THat so much sounds like spam it is not even funny. All the best - you really got top of the line people working for you. I mean, why would anyone not work for 500 pound plus a day as freelancer when he can develop a full strategy for someone else for a pittance?

And you are aware (or ignorant) of any commercial product using range bars WITH SPREAD during backtesting? Because here your argument falls apart ;) Btw., I use tick data because of a reason that is very simple: I expose tick data to the strategy and I expect backtest and real trading to be...

That is ignorant. Totally. As in: EXACTLY today is the time. Why? Because every single commercial platform out there totally fails to utilize any of the elements you have named. Big data? None of the retail environments even utilize a low end databare properly. Big data - besides the fact that I...

More complex strategies are IMHO as idiotic as it gets. It has significant disadvantages: * It is harder to code and debug complex strategies that follow likely multiple signals. * It is harder to backtest them properly. * It is harder to analyzer their behavior. * It makes it nearly impossible...

It is not only stagnation - you also significantly reduce the drawdown chance because while one strategy may be in a drawdown, others may offset. Every week, some strategies may be in minus - but there is a big chance you STILL take some money home because other strategies may make money. With a...

There really is not enough information to say anything here. Geneally - NinjaTrader has a lot of problems with certain strategies. Problems normally arouse around the fact it does not properly backtest against amrket data, but against bars. As such, it can not properly simulare: * Trading in...

And I dare saying you have no clue about what good software in trading does or can do. Like the dude at McDonalds saying this is the most elaborate food in the world, and chefs are totally overrated. Having come from NT I have spent - with some partners - years working on our own software stack...

If you still look for them: This book is now outdated as Al Brooks split it into 3 volumes (each larger than the original one) and then new ones are a lot easier to understand ;)

With all respect, you misunderstand me (on purpose?) I called it a fool to run everything in one strategy because of a total lack of optimization possibilitiesn regards to - processing time. I am not sure what planed you live on, but on my world I have to pay for electricity. And processing...

Yes. That would be 2000 strategy instances, running separtely as per the settings of risk management. Obviously an issue with most software that is woefully designed to be non-.manageable for anyone running more than a handfull of strategies ;)

If you do not isolate strategies for backtesting and optimization you are an idiot - or love burning money. Assume you trade 200 instruments. THat means either you do 200 separate optimiaztions (which you can do on multiple computers) and then dump the data in a database and take it from there...

It is not pessimistic - it is realistic. head over to http://www.trade-robots.com/ and in the blog look for NinjaTrader. You will find a plenthora of documented idiocies in there (that is my blog, btw.) - which you can or can not work around. The worst is NT randomly dropping whole days from...

Not at all. He suggests that the vector based library he is using has this problem. Whether you use a vector or a event based approach, let me tell you most software out is one thing: utter ridiculous crap. NinjaTrader, for example. has obvious well documented issues that mean you can not trust...