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  1. J

    Trading algorithmically a folio without stops (with IB), real $$$

    Not from us. We don't record on myfxbook.
  2. J

    Trading algorithmically a folio without stops (with IB), real $$$

    We do, as you brilliantly have concluded, not look for wealthy investors. Our systems are for people with minimal capital, such as $100. You can probably not imagine that, but for some people $20 monthly return is already a substantial contribution to living costs. And we also do principially...
  3. J

    Trading algorithmically a folio without stops (with IB), real $$$

    The 900 pips loss in open positions are correct, but the other values are wrong. Z12 is winning money also this year and the grid trading method is currently at 3100 pips, not 1600 pips. You've probably looked at the Zulutrade system, but that's a simplified variant for Zulutrade specific...
  4. J

    Trading algorithmically a folio without stops (with IB), real $$$

    I am not hostile, in fact I even have some sympathy for your approach. Admittedly you don't make that easy with your permanent personal attacks on people with a different opinion. I am not saying that your system is principially bad. New grid trading methods became very popular recently. We...
  5. J

    Trading algorithmically a folio without stops (with IB), real $$$

    Would you be so kind and explain that? Spectral analysis is used to determine dominant cycles in price curves. When you look at the spectrum, you can even identify the weekly cycle, at 120 hours. Although cycles are normally nonstationary, they exist long enough in some assets, especially...
  6. J

    Trading algorithmically a folio without stops (with IB), real $$$

    I have no PhD and do not plan to publish price curve analyses in peer reviewed journals. But it is a very poor show that you always fall back to ad hominem attacks when you can't think of arguments that would support your belief. Which seems to happen quite often recently, judging from your...
  7. J

    Trading algorithmically a folio without stops (with IB), real $$$

    This is the classical problem of any grid trader. You gradually reverse positions, which has the same effect as closing the runaway trades with a loss. Your equity goes down, but you hope that the price will some day revert to that level and you can recover the loss. Unfortunately, more often...
  8. J

    Trading algorithmically a folio without stops (with IB), real $$$

    But I have shown you a proof. I've posted a spectral analysis of S&P500 data where you can clearly see that the data has a predictive frequency distribution, very different to the spectral dilation of random data. Such a frequency distribution can be found in most assets and is the result of...
  9. J

    Trading algorithmically a folio without stops (with IB), real $$$

    LOL! You asked for his journal, but now as you got it, you don't seem to like it :). You permanently claim that price curve properties can not be predicted. I'm looking forward to see any substantial research or results from your side supporting that claim. I would be really interested in it...
  10. J

    Trading algorithmically a folio without stops (with IB), real $$$

    I have to agree that any system based on new ideas is a good thing. However, unlike the other trading journals this here has a commercial intent. There is nothing wrong with advertising a commercial product, but then you have to accept questions and criticism, especially when you dismiss...
  11. J

    Trading algorithmically a folio without stops (with IB), real $$$

    The first post of this thread was in October 2013, and we have now June 2014 and $30K loss, so to me that looks like 8 months with no profit, even with benevolent consideration. Your permanent remarks like "obviously false" and "curve fitted delusion" are no arguments. If something is...
  12. J

    Trading algorithmically a folio without stops (with IB), real $$$

    It depends. A simple backtest can not verify, but it can falsify a system. Complex backtests with WFA and Monte Carlo analysis can give you some estimate with which you then can compare the live performance of your system. This allows you to pull out early when the system is out of the borders...
  13. J

    Trading algorithmically a folio without stops (with IB), real $$$

    You are testing a new trade method with other people's real money? Why don't you run a backtest or WFA before?
  14. J

    Trading algorithmically a folio without stops (with IB), real $$$

    That's not what I meant - my question was just how do you know that a loss is caused by a (temporary) drawdown, and not by a (permanent) flaw in the trading method or a market change. Or is your trading method so perfect that a flaw is impossible and simulation / validation are not needed?
  15. J

    Trading algorithmically a folio without stops (with IB), real $$$

    Ok, but which method do you then use for determining if the system works as expected? If I understand your charts right, you've lost $ 40K so far. This can be a normal drawdown, but it can also indicate a fundamental system flaw. In the former case you just have to sit it out, in the latter...
  16. J

    Trading algorithmically a folio without stops (with IB), real $$$

    Just out of curiosity: Your system seems to often require manual intervention for limiting losses. Wouldn't it make sense to automatize this, so that it won't need permanent supervision? Also, do you compare live performance with simulated performance, so that you can pull the plug when the...
  17. J

    Trading algorithmically a folio without stops (with IB), real $$$

    Fair enough. In fact I'd invite your criticism, but you had to come to my website for this. If I posted here my journal and trade tool the way you're doing it, I would be banned by ET due to unfair competition to their sponsors. This is no joke - it happened before. It was not my intention to...
  18. J

    Trading algorithmically a folio without stops (with IB), real $$$

    What are inefficiencies : http://en.wikipedia.org/wiki/Inefficient_markets What is signal processing: http://en.wikipedia.org/wiki/Digital_signal_processing I am not disappointed. I accept that science or logic has often a difficult stand especially against bizarre theories and misconceptions...
  19. J

    Trading algorithmically a folio without stops (with IB), real $$$

    I believe that the opposite statement is true: "It is principially impossible for any trading methodology to statistically cope with a random walk price curve. The existence of such a methodology would cause logical paradoxes, such as generating money out of nothing." Real price curves are...
  20. J

    Trading algorithmically a folio without stops (with IB), real $$$

    I must remain sceptical about a positive drift from trading random curves, but I can certainly agree that most backtests results are delusional because of curve fitting. BTW, you're not the absolutely first one who preserves past trade information. I'm doing this also in a system, but only for...
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