Search results

That's true. however, it also means it is a very fast API not using layers and layers of 'frameworks' slowing down execution. I still code for IB and Genesis (and soon Xtrader, so I will tell you more about it later). Genesis full API is complex but so powerful. IB API is a little more mature...

if you know a broker faster, please tell us, or maybe you misread the timing.

well, go back to etrade

a little too many disconnects with Genesis. maybe not more than IB in my case. but IB is a little more resilient in my experience. Genesis' Laser might be disconnected for a while before you realize it.. i think they should improve this in the software. disconnects are not that common when...

this happens when several exchanges (including ECNs) are involved. in that case bid might equal ask but not on the same exchange => no fill

that's one of the challenges with this API. you usually can't connect to the servers after 5 or 6 pm and not during week ends. it would be nice to have a test server always available.

Anonymous, I realize I didn't explain myself well. What I meant is Genesis has in house programming staff, their software is proprietary. they also have their own trading bots etc.. they can adapt it and don't need to wait on an external company to adapt to whatever SEC, Nasd or whoever is...

I agree with you nononsense. Genesis is not a big corporation with a large staff developping for them. I think their software is built in house (which has many advantages and this disadvantage). step by step.. personnaly I don't like .net and hate activeX. straight winapi C++ (well using...

I received several pms asking me about Genesis API. In the past few months I wrote several ATS and custom execution or front end software for serious Genesis traders. The C++ API was the only one available then. It is a very comprehensive API, with little or no documentation and simply...

I agree with Serge. And that's why I look more at profit factor (which is win$/loss$ as he mentioned). Indeed, the goal is to keep profit factor as high as possible. I watch drawdowns as well, because as win% decreases, the more likely you get a noticeable bad streak. these bad streaks...

onelot is right, that's my definition of profit factor. I also look at Sharpe ration nononsense btw. which indeed takes into consideration the smoothness of equity curve. I like Sharpe as high as possible obviously. I admit using profit factor more easily, it talks more to traders while...

trade frequency is important as well, DT-waw mentioned it. I track profit factor in my context (high frequency trading) because it gives a comprehensive view of the efficiency and smoothness of systems. if you have 5 trades with a profit factor of 3, it is meaningless. Number of trades is...

Life is good. regarding win ratio. some strategies require a very high win ratio. I hate to generalize, because I don't know about everything in trading. but I know what I do. So let me talk about that. If I hold for a short time, the win ratio has to be high. hard to maintain a high...

I disagree

I don't care what people think.

automated trading is now mainstream, or so it would appear. however, there is a paradox there imo. with more retail traders doing automated trading, pros are using more and more sophisticated solutions. I know, I both use automated trading and build software for others. The best is when...

that's a very good point alan. I wanted to make the point about cost and forgot. yes, development if it is serious, professional, bug free etc is much more expensive than people think. so for complex system developments, right of use is a reasonable consideration. also a very good point you...

don't deal with someone you don't know or someone not recommended by someone you know. I mean, unless your method, edge is so powerful it won't be disrupted by having several traders using it.. well, only a matter of time until too many people are using the method. when you commission...

it's very easy to curve fit and over several years.. one method is to have few trades and get no statistical significance. let's say 10 to 20 trades.. I can have a 100% winners on this. no problem. second method (you can combine them), in the system use data from the future. yes, it's...

0) What vital features, capabilities or characteristics of your software drove you to write it yourself rather than use some preexisting trading software? available software can be easily tricked by the market (block trades, bid/ask issues), it's convenient to have software dedicated to...