really? I thought 50% return a year was considered doing very well on the market.
and do you think market conditions/motion back in 1996 apply to the current market?
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Frosty's auto-trading bot goes live with REAL money
- Thread starter frostengine
- Start date
really? I thought 50% return a year was considered doing very well on the market.
and do you think market conditions/motion back in 1996 apply to the current market?
Quote from frostengine:
All sells are placed at the bid and all buys are placed at the ask.. so therefore the bid/ask spread is already factored in to what you are seeing. Secondly commisions are already factored in as well...
This data has been captured through my application and for the vast majority of the time it was capturing this data it had been running this strategy on IB's demo and the total results on the demo account at the end of the day was ...
Why are you using IB's demo account instead of an IB simulated (paper trading) account? It's believed that the E-demo account is pretty much useless.
Quote from walterjennings:
really? I thought 50% return a year was considered doing very well on the market.
With futures, you have to be very careful as to how you evaluate your return. First, as I pointed out, a simple buy-and-hold over the same period would generate a more than 200% return on investment ($7200 from a $3000 margin). Second, although the posted P&L chart looks impressive, if you study it carefully, you'll see that it suffered a $1500 drawdown, which is a 50% down on investment.
I was going to get to your comment about drawdown, but you beat me to it.
Even so, the system thus far is actually performing pretty much as it is supposed to, as Frost has stated, even with the consecutive losses, it still has a pretty decent Win:Loss ratio of 2:1.
With a few tweaks (and a lot of work) it can probably go to 3:1 or 4:1.
âMoney grows on the tree of persistenceâ
Japanese Proverb
Best Regards,
JJ
Even so, the system thus far is actually performing pretty much as it is supposed to, as Frost has stated, even with the consecutive losses, it still has a pretty decent Win:Loss ratio of 2:1.
With a few tweaks (and a lot of work) it can probably go to 3:1 or 4:1.
âMoney grows on the tree of persistenceâ
Japanese Proverb
Best Regards,
JJ
Attachments
nonlinear,
Ib's paper account is what I used. I was not aware there was a separate demo account, so I just referred to the simulation account as a demo account.
These drawdowns are definetly scary. I wish there was a way to make them smaller without switching contracts, but thus far that doesn't seem possible.
Ib's paper account is what I used. I was not aware there was a separate demo account, so I just referred to the simulation account as a demo account.
These drawdowns are definetly scary. I wish there was a way to make them smaller without switching contracts, but thus far that doesn't seem possible.
Quote from frostengine:
nonlinear,
Ib's paper account is what I used. I was not aware there was a separate demo account, so I just referred to the simulation account as a demo account.
OK, that's better. The "demo" account is just that -- for folks who don't have a real (or simulated) account. The demo has the same login for everyone: edemo/demouser. Try it, although as I stated before, it's pretty much useless.
hows it running today frost?