wallstreettrading
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hi this is jayjay121 here,
i have been forward testing grey1 vwap128 code that was given to me by him. I have been testing since 18th december 2008 so not long but the results are good so far. I still have the commercial website online but i am not using it no longer and have not trained or sold any software what so ever and i have had countless emails and interest to do which i have turned down. I do not wish to sell anything no longer and it was a bad idea and the flack i recieved did affect me.
I have a succesful system/code and do not need to sell anything, also i have thought long and hard about this and i do not wish to effect my codes performance and fills by selling the code or tools, so i can assure mods and all that nothing is for sale here from me as i only want to be a trader and the people who really know me know that is true.
The problem i have is i need capital to trade this code as it cannot be done with a small fund. There is a concept called minimum fund concept which proves those with small funds simply cannot make it in the trading arena and i beleive that to be true. I have some funds of my own and enough to trade spreadbet but the fills and overall return would be effected and even though the system returns over 100% a year based on what iraj has done in the last couple of years, it would still not be a good enough return based on a small bank which i have.
I have approach a prop house with this code and took my pc desktop to them for an interview a week ago and they wanted the code as part of their 60/40 profit split but they wanted to try to optimize and code it using their cqg platform. I had a disagreement with them over the code not needing optimizing as drawdowns are part and parcel of trading and infact the best systems out there have large drawdowns. I said to them what the most important factor is the positive expectancy of the system and that many system designers cannot achived this in 10 years of trying. They agreed but stated that they needed to see individual drawdown data so they could backtest and optimize and code for use on their platforms. Anyway i felt that they did not fully understand me nor the code and personally i feel trying to reduce drawdown too much is not a good thing as if you have something that is positive why change?, and from my own experience this is the wrong way to go as over optimizing only curve fits and renders system useless. Also i have done my own testing on this and infact frequency and compounding are the keys not over optimizing imo. I used to try to trade using a 80% or higher win rate but in my experience it did not work as markets are random and fundamental always takes priorty. You can have many small stops that eventaully amount to one big loss or more, where as if you use a wider stop based on volatility then you give the code its much needed room. I felt the prop house knew not much of system design too and this is why i was reluctant to work with them.
So what i am looking for is for some investor to back me on a 60/40 profit share in my favour. The minimum we need to make return fantastic is £50k. This is a big ask you may say but the code was designed by the best around in grey1 and from what ive seen in real time forward logs the code is positive expectancy and has a edge. The edge continues in a monte carlo sim test and the remove to neutrel tests. The code has risk management and money management built into it and uses volatility concepts too which means its hardly unlikely to lose its edge. Infact i could argue that this system would still show postive expectancy with a totally random entry due to the excellent risk and money parameters.
The good thing about this code is that it does not go for 70% or higher win rate. It infact has only a 44% winrate as present and comes out on top. This shows it is not curve fitted to suit like most systems and that money management and risk management are the important factors in this. They are the real holy grail imo to which took me over 9 years to figure out.
This is a system just the same as a casino's system and relies on many positions open at once to diversify and frequency. The individual trade return is not great but frequency and compounding are key. A edge is a edge and with frequency the return can be amazing.
Please email me if you wish to see further evidence or meet up in person with myself. I am not looking for any arguments here and will ignore and report all who try to mock this. This is a genuine request for someone to work with me who wishes to trade stocks, forx and more. Also i will be looking into putting this on collective 2 in the future and the profit share will be included with this.
As i say no tools or training are for sale and i will amend website accordingly.
I am only looking for one backer, preferby someone who has experience in coding as i want to add some fuzzy logic to code and a compounding module in time as these are the only ways to improve on code. I will not expect anyone to part with their venture capital lightly and will provide forward logs or backtesting if you wish on performance until investor is satisfied. Im in no hurry to trade this and will work closely with investor as i do not wish to kid myself or anyone here.
this sytem is not the best by any means but i firmly believe from logs ive seen of iraj's and my own testing that we will come ontop every year.
jason
i have been forward testing grey1 vwap128 code that was given to me by him. I have been testing since 18th december 2008 so not long but the results are good so far. I still have the commercial website online but i am not using it no longer and have not trained or sold any software what so ever and i have had countless emails and interest to do which i have turned down. I do not wish to sell anything no longer and it was a bad idea and the flack i recieved did affect me.
I have a succesful system/code and do not need to sell anything, also i have thought long and hard about this and i do not wish to effect my codes performance and fills by selling the code or tools, so i can assure mods and all that nothing is for sale here from me as i only want to be a trader and the people who really know me know that is true.
The problem i have is i need capital to trade this code as it cannot be done with a small fund. There is a concept called minimum fund concept which proves those with small funds simply cannot make it in the trading arena and i beleive that to be true. I have some funds of my own and enough to trade spreadbet but the fills and overall return would be effected and even though the system returns over 100% a year based on what iraj has done in the last couple of years, it would still not be a good enough return based on a small bank which i have.
I have approach a prop house with this code and took my pc desktop to them for an interview a week ago and they wanted the code as part of their 60/40 profit split but they wanted to try to optimize and code it using their cqg platform. I had a disagreement with them over the code not needing optimizing as drawdowns are part and parcel of trading and infact the best systems out there have large drawdowns. I said to them what the most important factor is the positive expectancy of the system and that many system designers cannot achived this in 10 years of trying. They agreed but stated that they needed to see individual drawdown data so they could backtest and optimize and code for use on their platforms. Anyway i felt that they did not fully understand me nor the code and personally i feel trying to reduce drawdown too much is not a good thing as if you have something that is positive why change?, and from my own experience this is the wrong way to go as over optimizing only curve fits and renders system useless. Also i have done my own testing on this and infact frequency and compounding are the keys not over optimizing imo. I used to try to trade using a 80% or higher win rate but in my experience it did not work as markets are random and fundamental always takes priorty. You can have many small stops that eventaully amount to one big loss or more, where as if you use a wider stop based on volatility then you give the code its much needed room. I felt the prop house knew not much of system design too and this is why i was reluctant to work with them.
So what i am looking for is for some investor to back me on a 60/40 profit share in my favour. The minimum we need to make return fantastic is £50k. This is a big ask you may say but the code was designed by the best around in grey1 and from what ive seen in real time forward logs the code is positive expectancy and has a edge. The edge continues in a monte carlo sim test and the remove to neutrel tests. The code has risk management and money management built into it and uses volatility concepts too which means its hardly unlikely to lose its edge. Infact i could argue that this system would still show postive expectancy with a totally random entry due to the excellent risk and money parameters.
The good thing about this code is that it does not go for 70% or higher win rate. It infact has only a 44% winrate as present and comes out on top. This shows it is not curve fitted to suit like most systems and that money management and risk management are the important factors in this. They are the real holy grail imo to which took me over 9 years to figure out.
This is a system just the same as a casino's system and relies on many positions open at once to diversify and frequency. The individual trade return is not great but frequency and compounding are key. A edge is a edge and with frequency the return can be amazing.
Please email me if you wish to see further evidence or meet up in person with myself. I am not looking for any arguments here and will ignore and report all who try to mock this. This is a genuine request for someone to work with me who wishes to trade stocks, forx and more. Also i will be looking into putting this on collective 2 in the future and the profit share will be included with this.
As i say no tools or training are for sale and i will amend website accordingly.
I am only looking for one backer, preferby someone who has experience in coding as i want to add some fuzzy logic to code and a compounding module in time as these are the only ways to improve on code. I will not expect anyone to part with their venture capital lightly and will provide forward logs or backtesting if you wish on performance until investor is satisfied. Im in no hurry to trade this and will work closely with investor as i do not wish to kid myself or anyone here.
this sytem is not the best by any means but i firmly believe from logs ive seen of iraj's and my own testing that we will come ontop every year.
jason
