BWolinsky Trading

[jack hershey]

Quote from Trader666:

Another fallacy is a system that relies on a constant like 20,000... as if the trading volume in ES is set in stone and not subject to change. Why not something more adaptable?

What look back duration do you use to set the volume filter(s); we are using 20 days on 5 minute bars. This is a 1600 element sample, roughly. For BW, his sample would be about 500 elements if he used 20 days for his filters.

BW also has an artificial data feed limitation. With respect to volume almost any feed will do.

The cash cow is based on indicators and volume and does not use price. Obviously volume could be used for more than filtering but here in this thread it seems to be that BW uses volume status to gate his signals for Entry or Exit. The cash cow only uses Entry on the open and Exit on the close. All other turns are Reversals. Using style as part of a trading strategist's approach could be scary to most strategists. BW is not using a reversal strategy for some reason or other.

 

[bwolinsky]

Quote from jack hershey:

BW is not using a reversal strategy for some reason or other.

I had looked at the reversal algorithms, and hadn't made any progress, because it depends on whether you're long at the time.

 

[bwolinsky]

Quote from atticus:

My Euro partner did 800% on exotic options, effectively shutting down a dealer, from Feb to mid May 2009 in DNT options on index components. 20% DD. You can't honestly believe your QID system is worth a shit.

33% peak to trough risk and zero gain in 18 months on a long/short system with the index dropping 50% during that time?

Obviously we have a difference of opinion, Atticus. 800% on anything means you could lose the whole account. Drawdown in a backtest or forward simulation is different than if you're talking about options. 9 times your money on options doesn't mean much to me, because the option can always expire worthless. I'd love to see a blotter, or proof. Otherwise it's not that I don't believe you, but that I doubt 20% dd long term is the sustainable peak to trough risk. 80% dd is more likely.

And it's QID and QLD.

 

[atticus]

Quote from bwolinsky:

Obviously we have a difference of opinion, Atticus. 800% on anything means you could lose the whole account. Drawdown in a backtest or forward simulation is different than if you're talking about options. 9 times your money on options doesn't mean much to me, because the option can always expire worthless. I'd love to see a blotter, or proof. Otherwise it's not that I don't believe you, but that I doubt 20% dd long term is the sustainable peak to trough risk. 80% dd is more likely.

And it's QID and QLD.

The dealer was betsfortraders.com. They no longer offer exotics on US shares as a result. I doubt you could decipher the blotter as it involves actual trading, not backtests and hypothetical BS.

Anyone other than Wolinsky is welcome to view the blotter.

 

[atticus]

Quote from bwolinsky:

Obviously we have a difference of opinion, Atticus. 800% on anything means you could lose the whole account. Drawdown in a backtest or forward simulation is different than if you're talking about options. 9 times your money on options doesn't mean much to me, because the option can always expire worthless. I'd love to see a blotter, or proof. Otherwise it's not that I don't believe you, but that I doubt 20% dd long term is the sustainable peak to trough risk. 80% dd is more likely.

And it's QID and QLD.

It means nothing to you but you want the blotter? It's not intended to show a replicable return, but to compare an actual return vs. your fictional "pairs-trading" which hasn't made a dime in 18 months... a long/short system's performance during a period showing a 50% loss in the index. The BFT trading posted one loss equating to a 20% loss peak to trough. Index VaR at +/- 20% would've produced a 100% loss in one week. You haven't made any money in 18 months but you're the best "strategist" in the business? You must be related to Napoleon.

 

[bwolinsky]

Quote from atticus:

The dealer was betsfortraders.com. They no longer offer exotics on US shares as a result. I doubt you could decipher the blotter as it involves actual trading, not backtests and hypothetical BS.

Anyone other than Wolinsky is welcome to view the blotter.

You know, I've traded for years in QID and QLD with significant amounts of money. Go back and read the thread. I'm not a paper trader here. The fact that I have WL tells you I trade with real money.

 

[atticus]

Quote from bwolinsky:

You know, I've traded for years in QID and QLD with significant amounts of money. Go back and read the thread. I'm not a paper trader here. The fact that I have WL tells you I trade with real money.

The only barrier to entry on WL is a $25k Fido account. Why not post the Fido blotter here. This is your thread, right?

In fact, I will post the real-money BFT blotter if you post your Fido blotter [real money] from the inception of trading in QID or any system you've traded for more than 1 year.

 

[bwolinsky]

Quote from atticus:

The only barrier to entry on WL is a $25k Fido account. Why not post the Fido blotter here. This is your thread, right?

In fact, I will post the real-money BFT blotter if you post your Fido blotter [real money] from the inception of trading in QID or any system you've traded for more than 1 year.

Do some digging and you'll find it. Magna won't let me tell you where it is.

 

[atticus]

Quote from bwolinsky:

Do some digging and you'll find it. Magna won't let me tell you where it is.

So your answer is no.

 

[atticus]

Quote from bwolinsky:

Do some digging and you'll find it. Magna won't let me tell you where it is.

Thanks for the info in PM. C*vestor showing a 5% return since April. That's it? 3 months?