Well, good luck finding people who want to partner up with you.
My sincere thank you... though I can clearly feel your sarcasm.
What beats me is why traders show so much indifference to what I am trying to share with them. Is it really so that everybody here is making hundreds per cent every month and they are sure they already know everything? What is so wrong about what I am saying - I am not asking for any money, I am not telling lies, I am not cheating anyone into any scam... And I can find no one to even listen to me or at least ask me a simple question... If my method is so unusual, it does not mean it is not worth at least having a look at it.
Well, one more attempt... and the last one, I swear. I will never bother you again if it fails.
But, please, see the picture I made specially for you and read the text that follows... I still hope I can have a piece of advice from you instead of sarcasm.
EUR/USD in the picture is not a chart, it is just to show graphically the difference
between the risk management tasks for traditional methods and mine.
Below are a few abstracts which belong to some very reputable in financial world
people to whom I showed my product and asked their opinion.
- Ok, I think I am beginning to understand your system now. In a sense, it is the
relationship of each pair within the group to each other, or in other words, the
correlation of these pairs within a group and how they behave with each other.
- It is very surprising to me that there exist currency groupings that can be traded long/short in such a way that as a group they stay within 200 pips for 15+ years. I've certainly never looked into anything like this, but intuitively it's extremely surprising. It's hard for me to say that it must have been a coincidence (as is my gut feel for a lot of such "discoveries") since 15 years is a long time and under 200 pips is awfully little deviation. In any case, most impressive results.
- Getting 1000 out of 1000 trades is certainly most impressive. The only area I know of where this type of consistency is typically possible is market-making. So what you have done is most impressive. I don't know your algorithm but from the sounds of it it is conceptually similar to finding correlations, even if the exact computations might be different and you're looking at more than 1 pair at a time.
- As far as whether this can be applied to... You're in a much better position than me to judge this. I wouldn't have guessed this could be possible for currencies. My other question is why you would even want to apply this to...? If you are able to make consistent profits in the forex market, why not just stay there (and/or try to find a hedge fund that would buy your system for a large sum)?
- Thanks for posting again. I certainly appreciate your accomplishments but I don't want to freeload on the hard work that you did. In fact, I don't think your explaining your approach in this level of detail on a public website is a good idea -- it gives strong hints to a whole lot of people with time and resources to do reverse engineering and steal your idea from you.
This industry is not exactly built on honor.
- One thing I would be very interested in seeing is a currency grouping that didn't move over 200 pips over 15 years like you mentioned. But again, I think your priorities should be to continue your own trading, obtain some leverage to boost returns, and not describe too much of your system on public forums. Best of luck!
- One other thing, at the end of the day, it is probably important that you don't give away your system by telling people how it works as some people may try to copy it.
(Esp algorithmic traders that can do what you have simply by programming it all into an algorithm and doing it automatically). This could be your next step....
There is a minor detail I can correct in one of the above abstracts: though it has been a long time since I stopped counting them, I think the number of trades
must be more than 2,000.
I wonder whether it can help me with my effort...
