Going Live

Norm,, I think you may need to paper trade this strategy live for more than a month,, say 3-6 month or more. Just to get a feel of the actual avg. intraday DD and see how your system behaves in ranging vs. trending days..

btw when you say you immediately lost $1K before you recovered some (on Fri.) how much capital do you use? What's your risks vs. rewards per trade during backtesting?
 
Quote from Norm:

LMeyers - I think you have me confused with someone else.
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My above post was directed at Maestro. He had been unwell and away from ET for some time.

Though good luck to you as well.:)
 
Ripley,

I will monitor the account and shut the strategy down if the behavior is substantially different from what the testing predicts.

Yes, it is a stock trading strategy. That is what I have been successful at doing manually for several years. I will look at futures once I get the program running profitably (assuming that I do get it running profitably).

Norm
 
Quote from Norm:

Ripley -

The system is design for use in an IRA. That is whaere I presently do my trading. So, at the moment, it only goes long. The backtest return excees 100% per year. I can only determine the real return by going live.

Norm
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Norm,

Your system sounds fairly active., Since IRAs cannot be traditional margin accounts, you typically cannot be as active in an IRA as you can be in a taxable margin account. You may run into problems there.
 
Range,

That is an excellent point regarding the ability to actively trade within an IRA. I've been so busy developing the strategy that I overlooked this matter. I guess I'll have to open a non-IRA trading account for the automated strategy. I just hate having to do the accounting and taxes associated with non-IRA trading.

Thanks again.

Norm
 
Norm, you should post trades and results in this thread like a journal.

If you watch the system for awhile you will probably add code to filter on situations that you observe.
 
Quote from dalodoma:

Norm,, I think you may need to paper trade this strategy live for more than a month,, say 3-6 month or more. Just to get a feel of the actual avg. intraday DD and see how your system behaves in ranging vs. trending days..
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Err, why not do a out-of-sample test instead of papertrading?
 
Quote from MAESTRO:

I have been practicing a brain surgery procedure for two weeks now on live patients. I used a very sharp Buck knife and some pliers. So far 2 out my 10 patience died but they were not that important to me (distant relatives).

I am very happy with my performance. I plan to practice on a few more live patients that I’m not related to get a better feel for my skills on a variety of different kinds of patients.

It's an out patient type of a surgery where you just cut a rear side of the brain.
I was actually very proud of my heroic efforts to make up for the initial loss of patients (yes - I know that is a bit silly, but I am still very proud).

The procedure is based on a few clamps that I found in my dad’s garage, a heater that I borrowed from my sister and a battery charger to make my patients paralyzed. It is merely the tools to cut the skull open and extract the right side of the brain.

This is my first effort at performing a brain surgery. Should I put anything else on my operating table before I start cutting my relatives? Do I need anything other than my surgery procedure?

Thanks,
Brain Surgeon
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Maestro,

this is so far my most favorite post on ET, I am still shaking...
Please more of that !

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