Frosty's trading bot goes live part 2

Quote from walterjennings:

i'll be the first to admit my live system is'nt a black box (and never claimed such), im far too paranoid and protective of my seed capital to not be watching and turning it on and off. plus i could give a flying fruit wether i run a black/grey/white/fuschia box as long as its producing income.

and i should hope you are not implying that i made claims to be an expert ATS, nor did i tell kids to stop all the downloadn, throughout the thread i merely post thoughts, opinion and questions for the selfish purposes of modifying my own knowledge, and would never make a childish claim such as that (gee i hope you dont go quote to prove me wrong :D). plus im much too fleshy to be an ATS, let alone an expert ATS.

ps. whats all this bs talk about what our bots should eat? everybody knows bots eat old people's medicine for fuel. plus they have large metal claws which they grab you with, and you cant break free, because they are made of metal.
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:D

What's the deal with all the talk about Mexicans?

There's nothing wrong with amigos selling fruits at major intersections... They're only trying to pay their bills...
 
I guess it's a bit unfair for Frosty, for me to play around in his thread... So I'll try to get things back into perspective by having Frosty answer these questions... (This is a question to Frosty, not anyone else. Also, don't bother adding more questions by narrowing the his mindset down...)

Frosty, if you're not comfortable answering the #d questions don't bother, answer as much as you can. But please try to emphasize on the lettered questions below:

1. How far can you reveal about your methods?

More-so, how comfortable are you with letting go of what you do now so that you can develop something better the next time around?

2. What risk-metric (statistical tests... system performance measures) did you use to assess your current model? What were those results?

3. Using variables like Xs and Ys... (I wrote an example a while back) Can you explain to us the steps you took to develop this model of yours?

...

From here it'll be a subjective question for you. From my perspective this is more important...:

A. Define what a good system is for you.

B. Define robustness. How do you approach this objectively?

C. How do you define risk? Then how is one to manage risk?

D. Are you able to trade profitably trading discretion? If you have experience with discretionary trading, how did that work out?

E. Final question. Why is your preferred trading style, systematic trading? There must be a reason you picked and why (or why you believe) systematic trading is profitable for you.
 
My guess is not going to be too good for today. The reason for the guess is
1) Bigger than average daily range today
2) Good 2-sided trades today (Long in the morning, short in the afternoon, then long again)
 
Odds are the following:

$0 - +$500: 2.00
+$500 - +$1K: 2.50
+$1001 - +$10K: 7.00

-$1 - -$250: 1.50
-$250 - -$500: 1.50
-$500 - -10K: 1.50

Please post if anyone with better odds!
 
Quote from Nasdaq5048:

Odds are the following:

$0 - +$500: 2.00
+$500 - +$1K: 2.50
+$1001 - +$10K: 7.00

-$1 - -$250: 1.50
-$250 - -$500: 1.50
-$500 - -10K: 1.50

Please post if anyone with better odds!
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But if you know the odds, you know whether it is a good idea to turn the bot on, right?
 
many steep trends, bot could losed big today
steep-trend.gif
 
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