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@Mo06 >Again, you would be aware of this if you had read the journal. Do you mean just like you bothered to read my journal ? Still waiting to know what is the capital being traded, the margin used and the margining method. Are you reluctant ?

@jcl366 >LOL! You asked for his journal, but now as you got it, you don't seem to like it :). LOL. I do like it. As it fully proves my point. >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...

What exactly is an equity "through" ....? http://en.wikipedia.org/wiki/Crest_(physics) >And "realisticity " ...? http://glosbe.com/en/en/realisticity >I do have drawdowns, but my equity curve is one which rises from the left to the right hand side of the chart, otherwise what would be the...

Referring to this: http://www.elitetrader.com/vb/showthread.php?t=255007&page=18 ? LOL. That should be fun. Please, let me know when your "Summary Weeks" will show that you are in a "through" of your equity curve (well, I know your equity curves have only "crests", but nevertheless, just in...

"if all you have is a hammer, everything looks like a nail" And, we are still waiting for your journal. Let us see those "signals" at work, enlighten the readers on how the mkt communicates to you in person its "intentions". And, please, with more than 1 order a day, and hopefully with more...

@AItrader >thank you for your continuous updating on ... performances. It shows balls to honestly display the journal of the trading journey that you are making both during profitable and not profitable phases. You have said so since the beginning of the thread and you have stuck to it. Thank...

Let's focus on some more interesting topic. I promised earlier to shed some light on the mechanisms to use instrument correlations to improve hedging across layers. For instance, if we are trading TNA and TZA, since the general behavior of one of the two is pretty much determined by the other...

>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. In addition to problems with logic and basic statistics, you also appear to have problems with reading. I am not...

>It depends. A simple backtest can not verify, but it can falsify a system. That statement is obviously false. As a single realization has probability 0. >Your system is running since 8 months and has not produced any profit. That statement is false. As we are on (solar) day # 149 of the...

I do extensive simulations, however the real world always offers challenges that a simulation environment may not fully incorporate and that may prove to be crucial in the grand scheme of things (execution problems, margin impact and issues, leverage, spread issues, shortability issues, decay...

A quick mid week update. Metals did not move, so we need to wait for them to move and recover Today, there was some activity with miners and energy (ERX) moving a bit, especially towards the end of the session. Mkt seems to be heading down. USLV has gone a little too far for my taste, but it...

The "test period" is just this thread and the equity curve can be followed in detail in the various posts. It's still clearly too early to draw "conclusion" on the scalping/hedging games, it's just now I have been using more extensively the available funds. Most of the time I have been using...

> PNL is evidence of the viability of a trading system. Just like any other business, if you run a taco stand and are losing money after 6 months, then you would tinker with your formula, pricing, etc. or just shut down. PNL in itself is not the be-all and end-all as far as trading goes, but it...

The approach is to do the "best" actions (in a statistical sense) under the given real-world circumstances. Nobody (but scammers or idiots) can ever give an absolute guarantee of "success": you can only "guarantee" to do the best actions, conditional on the given circumstances.

There is no such a thing as "pulling the plug" here. We scalp and hedge and it's a continuous, uninterrupted process. The only reason when we "pull the plug" is when there are technical (technological) issues with the program itself or some bug in the algoritms. In this case, the algo is...

End of the week. The move on metals continued massively, with consequent massive drawdown (DD) and load on the "biased" instruments. Particularly severe the DD due also to the presence of several instruments which have nearly identical behaviors: USLV, NUGT, GDXJ, DUST, DSLV, JDST. This is not a...

Right jcl366. Full automation is the limit where we continuously tend. To arrive at that ideal point it's a slow and painful process where you gradually and carefully incorporate in the trading engine all the mechanisms and actions you would like to carry. The feeling that you must have is that...

Mid week update. More drawdown on metals and energy. Pretty large load and we are back "underwater" (-10.5K). Today we had both the market and miners/metals going up, with S&P 500 ending at record. The move on the miners ETFs has been quite massive and absorbed significant resources. Also we...

One question I get practically everyday by new enthusiasts is how much $$$ is necessary to trade within this framework. Clearly, the answer depends crucially on how much money it is allocated to a single initial entry (this is called a "packet"). Currently, I am defaulting, for ETFs, to a...

End of the week. We had some large moves on the ETFs related with miners and metals which have absorbed a relatively large investment, with consequent nasty drawdown. Still stuck the situation with energy stuff, which requires continuous hedging. In the meantime I had the chance to shut down...