If you automate a strategy with candlestick patterns, you are a systematic trader... and you can not control your
Time Drawdown.
If you automate a strategy with moving averages, you are a systematic trader... and you can not control your
Time Drawdown.
But before being an systematic trader, you are a discretionary trader... Because the decision to put an algorithm on a trading account is a discretionary decision.
The goal is to control
the Time Drawdown.
It is something i never heard since the 10 years i'm in the world of trading. Instead of trying to control the percentage drawdown, to control the time drawdown.
It is something i totally master now, after years and years of training.
So, even James or who ever we want, who exist or who have existed in the past, would never control the Time Drawdown better than me.
You know, when you advance alone on the right way during years and years, and in the other hand, when all the others advance all together in the wrong way during years and years... ultimately, the difference in the results, is really huge.
I've developed my own concepts. Alone.
And i think, i'm the only Darwin Manager who had the intelligence to hire a Risk Manager, like James would probably do
About algorithmic trading :
From my point of view, it is better to use the algorithmic trading like we do.
We extract pure pips at the maximum replication VaR, and
we let the Darwinex Algorithm value them.
We keep decide about the "Where", the "When" and the "How".
But we let an algorithm decide about the "How Much".
So, it seems that we're a bit algorithmic traders...
I would say that the
Darwin PDC is 25% algo trader, actually héhé
PS: I'm sorry, i can't speak anymore here for few days. I took the time to answer to you because you deserve it. But if my Risk Manager see that i speak on a forum a 28th of the month, she would probably kill me. So, don't blame me if i don't answer anymore, thanks for your understanding.