Jack, honestly, I've been reading your posts and I cannot understand what you are talking about. Maybe you are way advanced. I don't even know what those 6 degrees of freedom are and what they mean. I remember from college a rigid body has 6 degrees of freedom in space, like a plane for example, XYZ and roll, pitch and yaw. How is this related to trading?
How long before you were fully automated?
- Thread starter travis
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It's funny but if you are developing automated trading you will develop intellectual property that you don't want stolen... at some point you will realize that the ordinary [black listing] security measures are worthless against a hacker determined to steal your knowledge. Then you might get some professional help, I did that, and get a white listing firewall that only allows the minimum of url's to pass and blocks all else.... and you think you are secure.. for awhile.. then it hits you that you have alphanumeric domain names in your whitelist... and they go to DNS servers, and anybody at a DNS server could simply spoof your brokerage and get access to your trading intellectual property, piece of cake for them really, so you remove the alphanumerics from your whitelist and replace them with numerics only.. then you think about your internet provider, they too could spoof anything and get your intellectual property... and you go to semi auto trading instead because you know that your ideas are only safe if you never say them, never write them down, never type them........ and you tell everybody you trade by gut feel...
Very very interesting post... it made me think and it made me even more paranoid than I already was. BUT.
But... so a lot of "newbies" could also be geniuses in disguise. A lot of people saying automated trading doesn't work could be lying about it... many possible conspiracies. So all those books on automated trading may not be written by people who actually do automated trading... so many things could be.
On the other hand... if I were given a system that works (it's happened before), I wouldn't trust it, but would rather use my own shitty system that maybe doesn't even work, so... but not all people are like me... I guess we could be the prey of hackers. If they can see your account growing they can also be curious to know how you're doing it... hmm, pretty puzzling and alarming... but what about all those online automated trading system competitions? If those pros are exposing themselves so clearly and openly then it must mean they don't think they are incurring any such risks... I mean the winner is telling everyone - I have an automated systems that works. Is he being careless?
But... so a lot of "newbies" could also be geniuses in disguise. A lot of people saying automated trading doesn't work could be lying about it... many possible conspiracies. So all those books on automated trading may not be written by people who actually do automated trading... so many things could be.
On the other hand... if I were given a system that works (it's happened before), I wouldn't trust it, but would rather use my own shitty system that maybe doesn't even work, so... but not all people are like me... I guess we could be the prey of hackers. If they can see your account growing they can also be curious to know how you're doing it... hmm, pretty puzzling and alarming... but what about all those online automated trading system competitions? If those pros are exposing themselves so clearly and openly then it must mean they don't think they are incurring any such risks... I mean the winner is telling everyone - I have an automated systems that works. Is he being careless?
It comes down to doing something you love, does it not? I sort of worked out a technical paper of my own to sort out all this development versus theft thing and I had the brilliant inspiration recently [it happens] that I could balance the exposure of intellectual property versus automation.
I can semi-automate and expose little intellectual property but still be as consistent in trading as full auto.. that is good, it's not as profitable as if I put all my intellectual property into a system and let the computer do trading like no human on earth ever could. Then I can put time and money into security and as my trading room is more secure, I can put more of the intellectual property into play. I have to work on security development along with system development as a joint effort iow... nobody ever said this stuff is easy
I can semi-automate and expose little intellectual property but still be as consistent in trading as full auto.. that is good, it's not as profitable as if I put all my intellectual property into a system and let the computer do trading like no human on earth ever could. Then I can put time and money into security and as my trading room is more secure, I can put more of the intellectual property into play. I have to work on security development along with system development as a joint effort iow... nobody ever said this stuff is easy
You have had the experience in school or work on things like rockets, missiles or space stations. It could have been hydraulogy where water flow and its natural container is on the table. Here curl divergence and gradient would be in use on the degrees of freedom.
Maybe it is possible for you to see how there are providers of data on the activities of markets. They send out data that is usually time stamped. What they focus on is what they can sell and what the quality has to be. Further, they deal with its "staleness".
I experienced the way this was done from 1957 on as a user. Today, it is something else.
See if this data set means anything to you.
Pick up the premium at indexarb.com. It is available before open and it has many ingredients to determine its value. For me, it is valuable because during the day it drifts and functions as a carrier of other information. It is a leading indicator of the price that I trade.
Call the above, in your example, "altitude" of a rocket at time of launch or the barometric pressure that you dial into your glider altimeter before the rope boy attaches you to your ride. This is pragmatic and practical.
I like price data and I need several streams of it to process. these degrees could be listed as $INDU, YMXX, DJXX, ESXX, SPX.X I also, when the markets are open wish to know "how much" activity in the market relative to various values as finely divided as the market divides it in terms of price and units.
Next to those pipelines I pick up the DOM; this is 20 items in terms of price and orders.
In your terms and thinking this would be like the launch and record keeping that goes on by connecting a rocket to a mission headquarters which is filled with computers and people. If a person is aboard, they plug him in. when I fly a glider I like to have a cell phone with me and a camera. If I do a turn on a competitive race, I have to log on camera my wing tip (I am in a vertical turn) pointed at a ground marker like a steet intersection in a village. Usually one of Maricopa County Sheriff Arpio's deputies is taking a picture of me too. My pic is time stamped his pic is usually screwed up and has no altitude calibration that works.. lol.
we have covered the degrees coming to me and my system for handling stuff. I am mission headquarters. I display a screen every 22.5 degrees of arc @ 68cm's distance from my specially designed glasses and my chair whose axis is also set at 68cm's. I do not raise or lower my head since eveything subtends, in color, my cone of vision. My neck and shoulder muscles, roughly speaking, resemble steel. The tv is on the side on an arm on a vertical pivot column; i operate it remotely. Drawers hold keyboards whose axes intersect at the vertical pivot of my chair.
Mice abound and they are wirelss and ID'ed by function. Behind the screens is a receiver and a networking box. A lot of power is ditributed from a battery backed up multihour reserve unit. I am also wired so I can observe my bodily function by fourier analysis of anything that moves and I monitor the oxygen level of my system. I am what as known in the trade as "steely" and my pulse runs nominal at 55 BPM. I operate in the total coherence range of standard measure by the brain specialists. I happen to also be very differentiated in many fields. I am known as a "flat response" capabilitywise by international standards.
This means, in degrees of freedom" I have inputs from markets that are "sufficient" in Logic Theory.
To increase these degrees by a factor of 12 takes some doing.
I choose to partner with the market by being on automatic and moslty it is all subconscious. The way I wired myself up was to build my mind in capacity and in the physiological aspects. As time passed science figured out what I did.
Lets do one thing. It leads price and enable a person in a three ES point range to make over 11 points in a couple of hours (a quarter of a day). It involves a panel that is four inches wide and 2 and 1/2 inches high, four colors and five horizontal lines.
There is a little background. I know well all the games played in the markets and I know the signatures of important players. It is like playing poker with transparent cards and chips worth 10,000 bucks in a no limit game.
Lets say I bring in a guy with a PhD in IT and programming. He codes up the display that fills the panel in the precise manner I tell him and I correct his coding screwups until he gets it right.
At mission headquarters they would do this relative to a lot of different things. On the Mike I and Nike Ajax, the control system were made in Burlington NC and guard towers ringed the site. they had to "set" the capacitors of the 108 dc amplifiers in the control computer which used two second degree polynomials and solved for their intersection, 48 times a second to reduce voltage drift in the analog computer.
This panel deals with market drift and the display is corected according to known bot and algo kick in values for drift (and ahead of their activity). I use an excel after hours the read stuff where a row on the excel is 100 milliseconds and there are over 20 columns All related to this panel.
As a consequence the panel is calibrated and very readable and VERY functional.
How often does this panel catch my eye. what makes it catch my eye?
Lets say you are using your computer to follow a space object and you want to keep track of something of interest to you.
For the nike Ajax it was when the screens went poof as a consequence of the telecommunication that occurred to the missle shortly after it was starting through the target. It was an issue to set off the missle in the best place to wreck the target and people focussed on that (Especially at White Sand Proving Grounds where they used logging balloons to bring back spent missles on the 135 mile highlt classified range). I should give trader666 a glipes of a pic from the director's office of the organ pipe mountains
My eye is caught by volatility compression andafter that volatility expansion. thn it is caught by the velocity and acceleration of the sentiment as measured by the envelope of the data display.
By then, I have to mosey over to the displays (panels) of other leading indicators and see if the next two turn prices have come into view (down to the tick).
A lot of panels are involved and each contains several pertinent degrees of freedom.
You may be getting a picture of something. A lot of panels that are VERY specific and VERY market oriented. You may be picking up on the fact that all trading is a result of reading a phantom (this is a trigger for the OCD's here) vertical strip just ahead of the Present on the screens. Today some platforms still keep the forming bars on the rightmost part of the screen so the future is not seen or automatically annotateable.
Any set of panels on sereens automatically annotate and annotate into the future. This bounded future comes into the Present as time passes. It is the opposite of "hindsight" the assholes here comment about. It is similar to what is called "anticipation" a non probabilistic notion of the certainty that is coming up.
Few degrees of freedom conduct the tinely action of trading to the trader's accounts. Today brokers gang accounts onto texpert rader accounts and the trades peel off an expert trader's trigging the gnaged accounts. The T and S shows this often.
Each of my posts are like a week of classes in grad school. and most people simply drop out by mental exhaustion.
Dude, chill.
As someone already pointed out, most of the volume on the exchanges is already coming from computers. There are plenty of quant funds and several like Lime who are trading massive automated programs. They've got their own programs to worry about without wondering what some individual trader has running in their basement. They're moving billions, not a few thousand and wouldn't care about you even if your bot was 90% profitable and had only one down day in the last year. They aren't interested in the piker stuff that individuals do: it doesn't scale and for every working strategy there are a million ones that don't (but whose owners still think they're worth billions).
Unless you're trading illiquid markets or your bot is taking a significant proportion of the daily volume it won't even matter if someone else starts trading the same strategy.
Protect it like you'd protect any other program or trade secret but you haven't discovered the Holy Grail and crusaders aren't going to show up at your door to steal it.
My beef is just that some entitled thief in Russia, Germany, China, etc.. where most of the hacking is done, can steal my life's work. I think the Socialistic thinking gives people the entitlement mentality extending to theft.. all the hacking seems to originate in those areas of the world with the heaviest exposure to it.... I'm not going to let it happen, I'm going to deploy only what I want to increasingly, as I ramp up security. A completely secured computer takes some hardware and software efforts, it costs money and it takes some time. I'm willing to deal with it...
Its more a server issue.