All eggs in one basket still a bad idea.

qlai said:
Lol, everyone is fully automated until the draw down becomes unbearable.
I remember one automated trader saying - we learned that although a system looked great even with 25% DD, in reality we could not stomach more than 15% :)
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This is so true. 25% would be on the extreme end and I'm thinking I can handle it, something else might offset the number. Then 20% hits and I feel like it's 40% and start losing it.
 
In backtests over 25 years, the model outperformed the Jakarta Composite by an average 2% annually while giving investors some protection from equity crashes, Rachmat said.

Hardly anything to brag about. Sounds like he was just the right person in the right time, talent not being a factor. His results after the main event are also poor.

Whether that’s enough to boost returns and assets under management at the 16.4 billion rupiah ($1.1 million) fund remains to be seen.

Missed that part, so he is really tiny.
 
d08 said:
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Missed that part, so he is really tiny.
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Of course he's tiny, he put all his eggs into mining stocks in Indonesia, just before his gubment said "Nuh-uh" to whatever he was basing his strategy on. Hehe!

So he's at the same level as I am, just with more rupiah than I have.

Hell, my backtests were great for quite a while too! Then the market changed. Where's my bailout refund money? Oh, it's my own money, I don't get a do-over.

Bloody quants. And he is soooo CONFIDENT his algo will work in the future, he's willing to risk his client funds on it.

What a wanker.
 
Overnight said:
Of course he's tiny, he put all his eggs into mining stocks in Indonesia, just before his gubment said "Nuh-uh" to whatever he was basing his strategy on. Hehe!

So he's at the same level as I am, just with more rupiah than I have.

Hell, my backtests were great for quite a while too! Then the market changed. Where's my bailout refund money? Oh, it's my own money, I don't get a do-over.

Bloody quants. And he is soooo CONFIDENT his algo will work in the future, he's willing to risk his client funds on it.

What a wanker.
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Better to risk client funds than your own. I'm sure the Indonesian billionaires will be fine.
 
If you are going automated, you need to know before hand what performance or lack there of will nullify your model(s). If you are within the expected range, put emotions aside and plow through it or find another hobby.
 
fan27 said:
If you are going automated, you need to know before hand what performance or lack there of will nullify your model(s). If you are within the expected range, put emotions aside and plow through it or find another hobby.
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haven't kept up with your thread, how is it going?
 
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