my journal 2

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insomnia

**** it. It's not like I am supporting myself anyway. At worst they'll fire me and say "now are you going to support yourself?". Hey, I am not supporting myself even with the job I work. The rent costs twice as much as the job salary.

Third day in a row of insomnia and tomorrow I'll skip work.

When this happens it seems like the biggest problem for the whole world. Instead it's just a small problem I am having. Maybe I can't fall back asleep precisely because I take my sleeping so seriously. All you need is to wake me up at 2 AM, and then I am screwed because I won't fall back asleep.

Here's the deal. Now I'll have to come up with a marvelous new trading system, or else it won't be worth it to skip work and... but anyway even if I did nothing I'd be unable to go back to sleep. Maybe it's time to start taking xanax again.

How about this, let's go back to that quote by Joel Rensink:
http://cdn.forexfactory.com/attachment.php?attachmentid=265018&d=1245924370
You need to trade solid methods that you absolutely will take a bullet for.

I haven't done it. I've traded a bunch of systems, but not the ones I most strongly believe in. But let's define strongly by the top 20% of all systems I have, which right now would be 13. Which ones are they?

These three for sure:
GBL_ID
GBL_ID_2
GBL_ON

Then I like these energy futures:
CL_ID_3
CL_ID_4
CL_ON_2 (bigger drawdown)
CL_ON_3 (bigger drawdown)
NG_ID_2

Of all the ZNs, I'd like to trade these:
ZN_ID_3
ZN_ON_2

Stock indexes:
YM_ON
ES_ON_2

And with this last one, it's a total of 13:
GC_ON

Would I take a bullet for any other systems? Not right now. But there were systems i really liked that fell out favor once they lost money for several months. So I am like this, and maybe it's not a profitable attitude: if a system loses for a bit, I don't like it any more, and viceversa.

Maybe I am working too much and that is why I can't sleep. If I started relaxing once I come home, then I'd be able to sleep at night. But I keep on focusing on work on the systems and what I could do to increase profit, and therefore to create more or improve the existing ones. But if I lose my job, that is not going to help the systems. So maybe I should only work on the weekends. If I can do this, that is. I should but I wonder if I'll do it, or self-destruct instead. Yeah, there is such a thing as destroying your work with too much work and dedication. Especially in trading: destroying your profits with overtrading.

And that's what I am doing:

1) too much work at home on laptop means no relaxation
2) no relaxation means no sleep during the night - because if I am tense I can't fall back asleep as soon as anything wakes me up
3) no sleep means skipping work
4) skipping work means jeopardizing my job
5) no job means no salary
6) no salary means no means to pay for server, software, hardware, capital to trade, trading fees

Therefore, like for overtrading that blows out your account, over-working on my systems can jeopardize my systems. It would actually benefit my systems if I stopped working on them for a while, because that way i'll be able to sleep and therefore keep my job and therefore support the systems.

Working to me, since I was a child, is second-nature. My father taught me hard work. Now it's natural, and it's compulsive even. Whereas most people are lazy and wouldn't want to look up words in a dictionary, ever since i was a teen-ager I'd get up at night to look up a word I wasn't sure about. That's how I learned to speak English for example. I apply the same principle to everything else. Whatever would cause me laziness I fight with hard work, which becomes a compulsive second nature. How did this benefit me? No idea. Not in trading certainly, because it makes me overtrade. I lose, and so I trade more trying to make it back. At my job, it didn't get me any promotions. Yes, I work more than others. But sometimes others, because of their free time make friends and get promoted because of the friends they made while I was working my ass off. So I know more, I am more relied on, but someone else gets promoted. Also, I am too busy working to go and ask for a promotion, like many people do.

Now I could even get fired because of working too much, yeah because ultimately that is what it is. I never relax even at work, and this adds to the insomnia.

Basically when they hire someone they should always make sure to not hire someone who works too much because he'll give them problems like I am doing now by not going to work today. After all I am a misfit and a troublemaker.

I work a lot, but also: I can't stand half of the roommates. It doesn't matter why: if you complain about a roommate you're the problem. If you deal with the roommate it's fine. If the roommate complains about you, you're the problem again. On the other hand, this doesn't mean much because if you complain about a promotion, you're the problem and they solve it by promoting you. If you don't complain, you're not a problem, you get ignored, and one day you may go on a killing rampage and be the problem once again. So it would be best to bring up problems before they become bigger problems.

So for example it would be best if I relaxed more, instead of self-destructing with work, both at home and at the office. Working less might solve a lot of problems and make me more profitable in every field. Relaxing may in some cases bring more profit than stressing out and working as hard as you can.

Take vito for example: he got hired the easy way. He relaxes, he plays soccer with the boss, he sleeps, he comes to work on time, and he got hired. It doesn't matter if instead of working he just socializes. He got what he wanted. By playing soccer and kissing up to everyone and manipulating the whole bank, he will get promoted much more than me. All this is achieved not through hard work but through relaxing and being easygoing. And I could use some of that, too. I better do it before I totally self-destruct with work. With trading and over-trading that is a fact: 13 years of losses. With work it hasn't happened yet. But I may bring it soon because of working too much at home. If you add to this that now I have an unpleasant (sociable) roommate, this explains why I can't sleep that well, and I have skipped 3 days of work in a week due to insomnia. I need to quickly become an easygoing dumb**** like everyone else, before it's too late.

Please, travis, make an effort to relax. Before it's too late and screw everything up with self-destruction again.
 
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New rule

NEW RULE:
NO HOME - WORK and NO JOURNAL and NO COMPUTER unless I've slept well in the last working day and have gone to work and on time. Also, take relaxation breaks to prevent COMPUTER activity to cause you problems with the coming working day.

This means today no home - work and no journal for example.
 
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Stan Getz & Joao Gilberto - Para Machucar Meu Coração

Tá fazendo um ano e meio, amor
Que o nosso lar desmoronou
Meu sabiá, meu violão
E uma cruel desilusão
Foi tudo que ficou
Ficou
Prá machucar meu coração

http://www.youtube.com/watch?v=Lt6rsHa88t0

Tá fazendo um ano e meio, amor
Que o nosso lar desmoronou
Meu sabiá, meu violão
E uma cruel desilusão
Foi tudo que ficou
Ficou
Prá machucar meu coração

Quem sabe, não foi bem melhor assim
Melhor prá você e melhor prá mim
O mundo é uma escola
Onde a gente precisa aprender
A ciência de viver prá não sofrer


Tá fazendo um ano e meio, amor
Que o nosso lar desmoronou
Meu sabiá, meu violão
E uma cruel desilusão
Foi tudo que ficou
Ficou
Prá machucar meu coração
Prá machucar meu coração
Prá machucar.

http://en.wikipedia.org/wiki/Ary_Barroso
 
"Oh Look At Me Now" Tommy Dorsey, Frank Sinatra, Connie Haines, The Pied Pipers

I'm not the guy who cared about love
And I'm not the guy who cared about fortunes and such
I never cared much
Oh, look at me now!

I never knew the technique of kissing
I never knew the thrill I could get from your touch
I never knew much
Oh, look at me now!


I'm a new man better than Casanova at his best
With a new heart and a brand new start
Why I'm so proud I'm bustin' my vest

So I'm the guy who turned out a lover
Yes I'm the guy who laughed at those blue diamond rings
One of those things
Oh, look at me now!

I'm not the guy who cared about love
And I'm not the guy who cared about fortunes and such
I never cared much
Oh, look at me now!

And I never knew the technique of kissing
I never knew the thrill I could get from your touch
I never knew much
Oh, look at me now!

I'm a new man better than Casanova at his very best
With a new heart and a brand new start
I'm so proud I'm bustin' my vest

So I'm the guy who turned out a lover
Yes I'm the guy who laughed at those blue diamond rings
One of those things
Oh, look at me now!
Look at me now!

http://en.wikipedia.org/wiki/Oh!_Look_at_Me_Now
http://en.wikipedia.org/wiki/Joe_Bushkin
 
swingle singers


I hadn't realized these were the swingle singers:
http://www.swinglesingers.com/
http://en.wikipedia.org/wiki/The_Swingle_Singers
The Swingle Singers are a mostly a cappella vocal group formed in 1962 in Paris, France with Ward Swingle, Anne Germain, Jeanette Baucomont and Jean Cussac. Christiane Legrand, the sister of composer Michel Legrand, was the lead soprano in the original French group. There are a total of eight members in the group: two sopranos, two altos, two tenors and two basses. In 1973, the original French group disbanded and Ward Swingle moved to London and re-formed the group with new members as Swingle II. They would later perform and record under the name The Swingles and then, The New Swingle Singers and eventually, simply, The Swingle Singers. Since the London group's incarnation, the group has never disbanded. Members have come and gone and the other members have re-auditioned for the voice part that has left.

The group, directed originally by Ward Swingle (who once belonged to the Mimi Perrin's French vocal group Les Double Six), began as session singers mainly doing background vocals for singers like Charles Aznavour and Edith Piaf. They also did some jazz vocals for Michel Legrand. The eight session singers sang through Bach's Well-Tempered Klavier, as a sight reading exercise and found the music to have a natural swing. They recorded their first album Jazz Sébastien Bach as a present for friends and relatives. Many radio stations picked it up which led to the group recording more albums and winning a total of five Grammy Awards...

Snap1.jpg

http://en.wikipedia.org/wiki/Ward_Swingle
http://www.wardswingle.com/
http://en.wikipedia.org/wiki/Bach's_Greatest_Hits
http://en.wikipedia.org/wiki/Les_Double_Six

http://www.youtube.com/watch?v=ba5Z_1xIBvk

http://www.youtube.com/watch?v=IneYvt57q5w

More on the recent things the swingle singers have done, from their youtube channel:
http://www.youtube.com/user/swinglesingers

http://www.youtube.com/watch?v=aI74U0UVxLM

http://www.youtube.com/watch?v=zGIqPL0OuuQ

http://www.youtube.com/watch?v=ZTDbOHGOT7Q

http://www.youtube.com/watch?v=RD0K5CRsBx8

http://www.youtube.com/watch?v=i_BjUDWZctY

This is also recent, but not from their channel:

http://www.youtube.com/watch?v=jEmIRZrqLXA

http://www.youtube.com/watch?v=l3GY8Wl65ag


Here's a song I hated, but I can't help liking their version:

http://www.youtube.com/watch?v=AsgsP1e_1Yg
 
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London A Cappella Festival

12th - 15th January 2011

Kings Place, London

Welcome to the London A Cappella Festival website! The festival is the first of its kind in the UK dedicated to the many forms of a cappella. Curated by the world-famous 5-time Grammy-winning vocal group the Swingle Singers, the London A Cappella Festival 2011 at Kings Place will showcase some of the best of choral, jazz, contemporary, and beatbox ensembles, including special guests, with music ranging from Eastern sounds to crowd-pleasing pop and blistering beatbox.

We are delighted to announce the line-up of events for the London A Cappella Festival 2011! Headline acts include Swedish vocal superstars the Real Group, Belgian a cappella sensation Witloof Bay (with beatbox legend Roxorloops), as well as festival hosts the Swingle Singers, not to mention performances by the London Bulgarian Choir, British all-girl beatboxers The Boxettes, jazz a cappella group Eclectic Voices, Winners of the Office Choir of the Year 2010, and Hertfordshire Chorus. We’re packing in even more events this year, including more workshops and foyer events, following overwhelming demand. Keep checking back regularly for updates.

http://www.londonacappellafestival.co.uk/

http://www.youtube.com/watch?v=ja6gsHGla8c


http://en.wikipedia.org/wiki/The_Real_Group
http://en.wikipedia.org/wiki/Anni-Frid_Lyngstad

http://www.youtube.com/watch?v=gsWonPuIK0U


www.witloofbay.be
http://www.youtube.com/user/WitloofBay

http://www.youtube.com/watch?v=Kau9JXqiXQ4

http://www.youtube.com/watch?v=AJ823GOIID4
 
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I should get back to work, but I lack the energy

I should be resuming from here:
http://www.trade2win.com/boards/trading-journals/85510-my-journal-2-a-182.html#post1340638

But I won't. Overall I feel like I should try something new. Not that it didn't give me ideas for new systems (in the last two weeks I've created and automated my 64th system thanks to that spanish web site).

I don't feel enthusiasm for that path, so regardless of whether it's right, I have to move on to something else, for which I feel energy.

I should then resume my work from collective2, after having recently established that it is the best out of all those web sites that list systems.

But right now I don't feel like doing that either. I need some fuel, some profit, in order to get energies to work on more systems.

The profit is not coming and I feel discouraged.

Out of the 64 systems I've created so far, only one third of them is worth trading. And yet I've traded some of those that weren't worth trading.

After 6 months of trading for the investors, the profit is only 1000 dollars.

On the other hand I have learned some good things during these months:

1) how to use the out-of-sample

2) how to create and automate systems very quickly: all in all it can take me just 6 hours of work to create and automate a new system.

3) how to select the good systems out of the ones I have. I have learned that it's best to have a few very effective ones, rather than adding some crappy ones for the sake of diversification.

4) very related to #3 is the fact that I learned that systems will perform worse (one third worse) in the future than they did in back-testing and even in forward-testing. So a good system might perform so so, and a so so system will probably be unprofitable. That's why one has to be extremely selective.

5) I have learned that I cannot dream about my systems. I have to respect the concept of drawdown particularly. If a combination of systems has a max drawdown of 10k, it will happen. Soon it will even heppen 15k, since they will perform worse on average. Unless you want to risk blowing out like I did in the past, or risk being insecure about what you are doing, you have to respect the drawdown.

6) I have learned to trick myself so that I won't risk any compulsive gambling. The investors have a share of my account, so, just like I did on their account, I will not tamper with my systems. If this works, it's the end of my 13 year long compulsive gambling.

-----

What's next? As I said, I don't have the motivation to create more systems until i see some profit happen from the existing systems. Here's the situation so far as far as what we've been trading:

Good ones (presumably healthy, regardless of profit):
GC_ON profit 2148.42
GBL_ID profit 1407.84
ZN_ON_2 profit 1076.71
YM_ON profit 926
EUR_ID_5 profit -126.06
CL_ID_3 profit -612.34
ZN_ID_2 profit -1213.06
GBP_ID_5 profit -1337.1

Discarded because mistakenly selected (for various reasons):
CL_ON_2 profit 1947.54 (profitable but big drawdown)
GBP_ID_3 profit -233.51 (not as good as GBP_ID_5)
YM_ID_2 profit -808 (unprofitable throughout the out-of-sample)
ES_ID_3 profit -983 (unprofitable throughout the out-of-sample)
ZN_ID profit -1103.685 (it exceeded its historical max drawdown)

Now, after discarding the ones that turned out to be unhealthy (all could have been detected from the start, but I was optimistic), I am hoping that the remaining healthy systems will show me some profit. I am hoping we will reach a total profit of 5000 dollars, which is the threshold we have set for scaling up and using more systems, more capital as margin, and risk a larger drawdown.

Until this happens I will probably be too demoralized to create more systems. We're not even trading half of the good systems that I have. So for now it's wait and see. I will probably keep posting music videos then.

P.S.:
I was also supposed to buy that software, ts-evolve, but I lack the funds to do that. I have the funds but I don't feel it's good to spend another 160 dollars right now, when I've made almost no money from the systems I already have.
 
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ready to test/automate other people's systems

Actually I just had an idea for something I have the energy for. Since I've gotten really fast at testing and automating systems, this is the right time to offer my skills to people who wish to test their manual systems.

I remember I used to meet discretionary traders on forums asking others if they could test and automate their systems. Right now I can do this, and I lack ideas to create more systems.

There's just these problems:

1) I am not that good a programmer, so I can back-test and automate only simple systems, and will have to quickly discard those I can't automate.

2) If you want me to automate your system, you will need to have an account with IB.

3) You might not want to tell me your system because I will then use it myself for sure - that's why I am doing this.

4) I am not so keen on automating the systems, because that is the hardest part. I would be happy with testing them... but then if they're profitable I'll automate them for myself, so I guess I can do it for others as well. Yeah, ok.

I might post this same post on elitetrader.com. I am afraid there's much better programmers than me, who deserve to get entrusted with these systems by the manual traders. I might not post just because I don't feel I am good enough after all.

On the other hand, I am not asking for precious profitable strategies. I will be happy to even hear strategies from unprofitable traders. After all, I am an unprofitable discretionary trader and I created profitable strategies from my own ideas.

I will post another message here below, with the same exact text that I used on elitetrader.com. Then I will also post it on another section of this forum.
 
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looking for strategies to backtest/automate

If there's any "newbies", or anyone who has a strategy or a vague idea for a strategy and doesn't know how to backtest it and automate it, I've gotten quite good/fast at this, so I would be interested in helping out, and at the same time I will benefit from the new trading ideas, regardless of whether they're profitable or not (I can always modify them).

I use tradestation for back-testing and IB TWS for automation (through excel). The strategy needs to be quite simple or I won't be able to back-test it, let alone automate it on excel.
 
back to "The Grid"

Since tomorrow here it's this holiday:
http://en.wikipedia.org/wiki/Feast_of_the_Immaculate_Conception

I will have time and so it's time for one of my searching marathons. Resuming from collective2's Grid:
http://www.collective2.com/cgi-perl/system/grid.mpl

On the feast of the Immaculate Conception I will work on the not so immaculate and corrupt Grid. Yes, I have to find a way to get rid of the majority bull**** systems and only focus on the good ones. And then try to find out as much as possible about them.

But first, some music, the best a cappella youtube video I've identified so far:

http://www.youtube.com/watch?v=zGIqPL0OuuQ

Which parameters in selecting systems on the grid?

1) graph: straight up
2) age: at least 200 days (to allow different types of markets)
3) trades: at least 200 trades
4) profit factor: at least 1.3
5) sharpe ratio: at least 1

Let's see what systems we find with such requirements and then read the comments for what we've come up with. If there's still too many systems, we'lll be more selective.

26 systems came up, but we want the average trade to last less than 5 days, because we don't want anything fishy to be going on, such as stop and reversing or keeping positions open. Or doubling up and such. I want systems I am familiar with.

I am left with these 19 systems:
View attachment 19_systems_selected_20101207.xls

For these 19 systems, I have to read people's comments, which are split into:
1) "Reviews" by unidentified users, called "Subscriber" and "AutoTrader".
2) "Analyst notes" by identifiable users

Also I will check:
1) How many people have placed a system in their "watch list", which is what I think they mean by "Tracked by"
2) I will check if on top of the list of trades, there's the button named "Show AutoTrade Data", which - I think - means if the trader is actually sending the orders to the broker via collective2. It should be a guarantee that he is at least trading his own strategy - but they're not clear at all about all these things I am supposing. In this case some trades will be marked as traded with a broker.

I will highlight in bold red font the systems that i will discard based on this analysis.

These are the systems and I will read those comments one by one before getting further into my own analysis:
eminialerts
reviews: failed
Analyst notes: failed
tracked by: 25
"autotrade data": YES

Sutton I
reviews: none
Analyst notes: none
tracked by: 6
"autotrade data": NO

Buzo Principle
reviews: none
Analyst notes: failed
tracked by: 45
"autotrade data": NO
Note: The strategy creator states: "Discretionary Day-trading 1-2 contracts:- using partial entry & exit strategies"

LibertyFX
reviews: none
Analyst notes: failed
tracked by: 2
"autotrade data": NO
note from creator: "LibertyFX is a discretionary system..."

Reliant TO BE STUDIED FURTHER
reviews: none
Analyst notes: none
tracked by: 22
"autotrade data": YES

Trend Match
reviews: none
Analyst notes: failed
tracked by: 3
"autotrade data": NO

ONE'N'GO NEEDS FURTHER INVESTIGATION
reviews: passed
Analyst notes: passed
tracked by: 11
"autotrade data": YES

FX Tactical
reviews: failed
Analyst notes: failed
tracked by: 9
"autotrade data": YES

ATS - 1 Day only TO BE STUDIED FURTHER
reviews: none
Analyst notes: none
tracked by: 19
"autotrade data": YES

ShadowBanker
reviews: failed (awful reviews)
Analyst notes: failed (awful notes)
tracked by: 164
"autotrade data": YES

Zero to be studied
reviews: passed
Analyst notes: passed
tracked by: 155
"autotrade data": NO

Rainier to be studied
reviews: passed
Analyst notes: passed
tracked by: 115
"autotrade data": YES

Reversion II: needs further study
reviews: failed
Analyst notes: passed
tracked by: 3
"autotrade data": YES

Afitrading GEMS
reviews: none
Analyst notes: none
tracked by: 4
"autotrade data": NO

Interlink Trading Needs further study
reviews: none
Analyst notes: so so
tracked by: 116
"autotrade data": YES (some)

Turning Points to be studied further
reviews: passed (very much so)
Analyst notes: passed (very much so)
tracked by: 285
"autotrade data": YES (some)

Topaz NQ100 M to be studied
reviews: passed (very much)
Analyst notes: so so
tracked by: 111
"autotrade data": YES

Captura DTS System to be studied
reviews: passed
Analyst notes: passed
tracked by: 124
"autotrade data": NO

Pearl ][ Needs further study - read forum posts to see if it is a scam
reviews: none
Analyst notes: failed
tracked by: 40
"autotrade data": NO

ETF Timer I am adding this because they mentioned it in an analyst note
reviews: failed
Analyst notes: passed (very much so)
tracked by: 796
"autotrade data": YES

RD30 Day Trading I have to add this, because it's David Urraca's (mentioned in earlier posts)
reviews: passed
Analyst notes: so so
tracked by: 78
"autotrade data": YES




Some conclusions:

Upward Graph The fact that a graph goes up for two years in a row does not mean the system is good because these graphs do not include commissions and other costs and there's martingale systems that manage to look good despite being scams. However: if a graph looks awful the system is for sure bad.


AutoTrade Data
There's rip-off systems that have "autotrade data" so I conclude this feature is not a guarantee that the system is good. I don't even know if it means that it's being traded by the creator. However, there's a clear tendency for good systems to have "autotrade data" more than bad systems. So it is one parameter to look at.

"Tracked by..."
This is almost useless but not totally useless. People probably see a great performance and superficially add it to their watch list, without investigating it any further. However a good system rarely fails to have many subscribers. The only problem is that there's also many bad systems that have many people tracking them. But if a system has 3 subscribers, it is hardly a good one. So this parameter is useful.

Reviews and Analyst Notes
These are the most useful in understand if a system works or not. Also, there's threads about a system on forums, and that is also very useful.

Age of systems
Just like for many parameters above, a long age is not a guarantee, because dishonest strategy creators are getting so much money from the subscriptions that it's convenient for them to keep on trading a scam system, paying the collective2 fees... and there's nothing in collective2 rules preventing them from ripping people off: this is a limit of collective2 that i mentioned already. They are not even trying to be honest anymore, as they claim - just trying to make money. Their initial mission is lost, if there ever was one.
However, there is one big advantage in the longer age of systems: if the period is short you know nothing about a system. If the period is long at least, if you study it, you can find out if it's a scam or not. Also, a long age, gives other users and even subscribers time to appraise it, and they will write comments.


(Passing) systems classified by creators
The next step is to list the passing systems by author to see if there's any other systems by the same authors and if there's more than one system by the same author. Then I also have to read what the forums ("System Forum" links pane on the right column) have to say about these systems.

Some more music before starting this part:

http://www.youtube.com/watch?v=ywkarAwB0W8


I will resum this in the next post.
 
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resuming from previous post

Let's see one by one the systems that passed and let's write something more about them. It's useful to find profiles in the forum or on google, if they're not listed on the system's page. I wil mark with a green "TRUST" the creators that for one reason or another I appraise as trustworthy. Those without it, it's only because I still have not found enough information yet. What I mean by "trust" is that they are certainly not a scam.

Strategy Creators and their systems:

STOCKS STRATEGIES:

Rene' Koch - TRUST
http://www.finantic.de/

Topaz NQ100 M STOCKS
reviews: passed (very much)
Analyst notes: so so
tracked by: 111
"autotrade data": YES

Pearl ][ STOCKS
reviews: none
Analyst notes: failed
tracked by: 40
"autotrade data": NO

Fingeek (no information)
Reliant STOCKS
reviews: none
Analyst notes: none
tracked by: 22
"autotrade data": YES

Amplitude Trading Systems (no information)
ATS - 1 Day only STOCKS
reviews: none
Analyst notes: none
tracked by: 19
"autotrade data": YES

NB - John Skillern - TRUST
Zero STOCKS
reviews: passed
Analyst notes: passed
tracked by: 155
"autotrade data": NO

Cliff Fiess - TRUST
Rainier STOCKS
reviews: passed
Analyst notes: passed
tracked by: 115
"autotrade data": YES

RTD Systems (no info)
Reversion II STOCKS
reviews: failed
Analyst notes: passed
tracked by: 3
"autotrade data": YES

Thomas Sickenberg - Captura Invest - TRUST
Captura DTS System STOCKS
reviews: passed
Analyst notes: passed
tracked by: 124
"autotrade data": NO

TCM, LLC (no info, many false hits on google)
ETF Timer STOCKS
reviews: failed
Analyst notes: passed (very much so)
tracked by: 796
"autotrade data": YES


FUTURES STRATEGIES:

Giuseppe D'Ettorre (no information)
ONE'N'GO FUTURES
reviews: passed
Analyst notes: passed
tracked by: 11
"autotrade data": YES

David Urraca - TRUST
RD30 Day Trading FUTURES
reviews: passed
Analyst notes: so so
tracked by: 78
"autotrade data": YES

Futurm
Turning Points FUTURES
reviews: passed (very much so)
Analyst notes: passed (very much so)
tracked by: 285
"autotrade data": YES (some)

Bradley A. Strobel - Interlink Trading
Interlink Trading FUTURES
reviews: none
Analyst notes: so so
tracked by: 116
"autotrade data": YES (some)
 
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Ok, now regardless of whether they earned the "trust" mark or not, I will go into details with every system I listed, for a total of 13 systems.

Let's start from the systems trading stocks, in the same order I listed them. The first two I will analyze are those by doctor Koch.

Rene' Koch - TRUST
http://www.finantic.de/

Topaz NQ100 M STOCKS
reviews: passed (very much)
Analyst notes: so so
tracked by: 111
"autotrade data": YES

Pearl ][ STOCKS
reviews: none
Analyst notes: failed
tracked by: 40
"autotrade data": NO

This fellow is from Johannesberg, a place with 4000 people. I trust him.
Dr. René Koch is the founder of finantic. He received a PhD in physics from the University of Göttingen.
Yeah, all true:
http://www.dpi.physik.uni-goettingen.de/jb9394.html
und René Koch: Speech Enhancement Based on Physiological and Psychoacoustical Models of Modulation Perception and Binaural Interaction. J. Acoust. Soc. Am. 95, 1994, 1593-1602

1) TOPAZ

Ok, let's get started from Topaz (quoting the most important parts):
http://www.finantic.de/products/topaz/

Details
Topaz trades the highly liquid components of the NASDAQ-100 Index. It is a long only system. All open orders are canceled after exchanges close. (Time in force: DAY)

For each open position a target limit order is issued. After a fixed number of days open positions are closed with a market order.

Background
Topaz is based on strict quantitative analysis of Nasdaq stocks. It uses inefficiencies in stock price movements on timeframes ranging from hours to days.

Technique
Topaz runs on a fully automated dedicated server. Wealth-Lab is used to create daily trading signals which are sent to Collective2 through BrokerBridge.

The complete trade signal generation process is fully automated and is supervised by two IT professionals.
Many things are telling me I can trust this guy. But also I am already gathering ideas for my own trading. I have a big problem in that i do not have a way to send Limit orders to IB and keep track of them with my own method. I am once again having to deal with limits in my programming skills.

I've gotten some good ideas from this system, but I can't implement them: the idea is this. Buy at the bottom of the day, and sell at the top of the day. It's not a joke if you do it later into the day (let time work in your favor in establishing support and resistance areas, and buy/sell when price gets there again during the day). However, this is too complex for my present programming skills.

A thing or two that are alarming about the not so good comments on this system:
http://www.collective2.com/cgi-perl...view&mode=latest&systemid=25860974&comments=1
System doesn't use a stop loss - When market falls and continu falling for some time, can this system accumulate big losses. - This system will accumulate the same stock at lower and lower prices if stock keeps falling. Still it doesn't consider the different accumulations at lower prices as one whole order rather as independent pieces...

Here's another user:
40+% dd lasting for 6 months. 86% realism is not realistic enough. Long only, positevely correlated with SP500. Will need to be hedged in an SP correction. Too risky for me. C2 score of 1000 is meaningless completely - have seen so many systems on C2 with high C2 scores, just because they have been on C2 long enough. We shall see how Topaz cuts thru upcoming SP fluctuations.
Has a losing trade now open, yet C2 is not mentioning it for some reason...Why I wonder?

Anyway. Whether the system is good or not, it gave me ideas. Too bad right now I can't implement them. It was a positive experience though. I am glad I am doing this.

2) PEARL
http://www.finantic.de/products/pearl/

Yes, pretty similar to the other one.

Both systems are end of day systems, which could not be qualified as intraday systems, which is what I have. But on the other hand, I have something close to them, as well, in that some systems hold positions for up to 2 days. But they do enter at a specific time of the day (not at the close or open), so I still define them as intraday systems. I can't exactly define why but I have lost interest in these two systems. In random order this is why:

1) I trade futures, they trade stocks
2) I trade intraday, they trade multi-day
3) they base their trading on concepts I could not implement.

Therefore I am done with these two: discarded, even though I believe they are good (for potential subscribers, which I am not).
 
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I will now go through my list and try to avoid similar systems which have a time horizon too different than mine.

Name Avg Trade Length
STOCKS:
Reliant 10.9 hrs
ATS - 1 Day only 1.3 days
Zero 1.4 days
Rainier 1.6 days
Reversion II 2.1 days
Captura DTS System 4.3 days
ETF Timer 13.5 days

FUTURES:
RD30 Day Trading 3.5 hours
Interlink Trading 3.0 days
Turning Points 3.2 days
ONE'N'GO 21.8 hrs


Ok, crossed one out: ETF Timer. I don't care how good it is.
 
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