i have a solid system. i'm looking for help - collaboration to trade it.

[JSOP]

folks, regards to everyone.

- i'm consistently very undisciplined, both in my trading habits and in my trading execution. i hate going to bed early and this makes it brutally difficult for me to get up on time in the morning and be ready to trade. i miss boatloads of nicely profitable trades because i just didn't get up in time. i'm also horrible at discretionary trading and every time i decide not to take a trade that my systems call for, i'm invariably wrong and end up missing out on nice gains ("this won't be bought any higher", "won't be sold any lower"... only for stupid instruments to proceed to be traded in the direction where my systems pointed to but i declared they wouldn't be). i have been living by myself for almost two decades now, i have also been working from home for a long time and i haven't found a way to discipline myself when i don't really respond to anyone. there are no consequences if i'm working for all market hours or not, and there are no consequences either whether i follow my systems or not. i'm really disciplined for other matters (i'm in great shape with washboard abdominals) or when it comes to anything that involves other people, all my payments are made like clockwork, i have zero debt. i work really long hours during the evenings and nights developing and evaluating my systems but that will never compensate for not executing them during market hours as i should. i have also been overwhelmed lately with performing all the tasks required to run a household by myself for so long. we all know what goes into that list; doing the laundry, general cleaning, cooking, running all errands, making payments, buying groceries and i don't own an automobile either, so for the last two years i have been commuting by bicycle and that also adds to the toll.

Solution: Get disciplined or program your trading system into an automated trading program that will trade without your interference.

- i have also faced technological problems. for example, the laptop where i do all my work - trading broke down in april of this year, right in the middle of earnings season. it was a major problem and it took me more than a week plus a couple of trips out of town to be able to get everything fixed and trade again. the internet connection where i live is also unreliable and i have had recurrent issues with it, from having issues placing orders to not having data at all.

Solution: Get a better computer and better internet connection. Very important for any trading, manual or automated.

i'm looking for third parties to help me execute my system the way it should be. i'm not interested in selling my indicators or strategies because that would only generate a one time income and what i want is to expand my capital several times over. what i have in mind would be something like selling the signals for entries and exits for a weekly payment or percentage of the profits made. i might be open to consider other arrangements and would gladly take any advice or suggestions, but i definitely need to make changes because i have managed to develop systems that would deliver outstanding profits but i'm excruciatingly failing to execute them. i will see if there are any interesting responses here and if not i will consider other alternatives that i know would make a big difference towards solving my problem. i have given some thought to the idea of hiring an intern that would just supervise my laptop and pull the trigger following my systems' signals because i know for sure that i would watch anyone else trading my systems like a hawk. please send me a private message with your qualifications if interested and i will reply with further information, like a list with the last 20 trades the system i intend to trade would have placed on a symbol like aapl.

very well, thanks, regards.

You do not need any 3rd parties. All the solutions to your "pitfalls" lie within yourself for you to trade your profitable and robust trading system successfully. If your trading system is truly profitable and robust, why would you want to sell them to strangers? Why wouldn't you want to trade it yourself to profit from it? You want to watch other people to become rich on your own profitable and robust system while you stand on the sideline cheering them on? LOL

 

[JSOP]

for illustrative purposes, here is a sample of the trades my system would have taken on the qqq etf since the last week of september. it's important to note that qqq, and all other instruments that follow indices, would be the worst to trade as they are the least volatile and also suffer from a lot of gaps that lead to nowhere because of the futures overnight action. individual symbols are much better and deliver superior results.




# 1
downtrend start


9:35 24-09-2018

qqq 182.5



downtrend end

11:25 25-09-2018

qqq 183.8



#2
uptrend start


12:15 25-09-2018

qqq 184.1



uptrend end

14:05 28-09-2018

qqq 185.3



#3
uptrend start


9:40 01-10-2018

qqq 187



uptrend end

9:45 02-10-2018

qqq 186.1




#4
uptrend start


11:05 02-10-2018

qqq 187



uptrend end

9:45 02-10-2018

qqq 186.1




#5
downtrend start


9:30 03-10-2018

qqq 186.5



downtrend end

10:05 03-10-2018

qqq 186.8




#6
uptrend start


12:30 03-10-2018

qqq 186.6



uptrend end

15:05 03-10-2018

qqq 186.1





#7
downtrend start


15:25 03-10-2018

qqq 185.7



downtrend end

11:05 09-10-2018

qqq 180.8




#8
downtrend start


10:10 10-10-2018

qqq 177



downtrend end

15:00 12-10-2018

qqq 173.4





#9
uptrend start


13:40 15-10-2018

qqq 174



uptrend end

11:10 18-10-2018

qqq 175.45




#10
downtrend start


12:05 18-10-2018

qqq 173.7



downtrend end

13:00 22-10-2018

qqq 174.5




#11
downtrend start


9:30 23-10-2018

qqq 170.7



downtrend end

15:45 23-10-2018

qqq 173.3





#12
downtrend start


10:25 24-10-2018

qqq 171.8



downtrend end

14:25 25-10-2018

qqq 171.1





#13
downtrend start


10:10 26-10-2018

qqq 165.5



downtrend end

9:30 31-10-2018

qqq 168.5




#14
uptrend start


10:25 31-10-2018

qqq 170.45



uptrend end

12:10 02-11-2018

qqq 169.5




#15
downtrend start


15:05 02-11-2018

qqq 169.2



downtrend end

9:40 06-11-2018

qqq 170.9




#16
uptrend start


10:45 06-11-2018

qqq 170.4



uptrend end

9:45 06-11-2018

qqq 172.3





#17
downtrend start


11:20 09-11-2018

qqq 171.6



downtrend end

14:00 15-11-2018

qqq 167.7






#18
uptrend start


15:00 15-11-2018

qqq 167.6



uptrend end

10:00 19-11-2018

qqq 164.5






#19
downtrend start

10:35 19-11-2018

qqq 164.3



downtrend end

12:40 21-11-2018

qqq 161.5

Just from the sample trades that your profitable and robust trading system has generated, the win ratio is about 50%. So if I to completely rely on your trading system to trade, I will be losing half of the time. That's not a profitable and robust system. Your system produces the same outcome as a coin toss. I could be tossing a coin to the air and to see how it land to decide whether I should buy or sell and I would be getting the same trading results as your system. So why should I or anyone spend money to buy your system when I can just toss a coin for free and it would yield me the same results?

 

[Aquarians]

I would colaborate / use / sell your system if I could run tests to make sure you have an edge and manage your risk. But the "discretionary adjustments" part rules this out.

Then again I've tested other guys strategies and found them to be no more than coin toss gambles. Excellent system if on somebody else's money where you share the wins and only they cover the losses.

 

[yabz]

folks, regards to everyone.



thanks to months and years of hard work i have developed a number of robust and profitable trading systems. for the last few weeks i have been trying to trade them by hand but i, personally, have been the weakest link in my setup and my own biggest obstacle to profitability. i'm looking for help or collaboration with third parties in order to bring the execution of my system into line, which will lead to nice profits.



i have been trading for some time now and i eventually fall into the same pitfalls.


- i'm consistently very undisciplined, both in my trading habits and in my trading execution. i hate going to bed early and this makes it brutally difficult for me to get up on time in the morning and be ready to trade. i miss boatloads of nicely profitable trades because i just didn't get up in time. i'm also horrible at discretionary trading and every time i decide not to take a trade that my systems call for, i'm invariably wrong and end up missing out on nice gains ("this won't be bought any higher", "won't be sold any lower"... only for stupid instruments to proceed to be traded in the direction where my systems pointed to but i declared they wouldn't be). i have been living by myself for almost two decades now, i have also been working from home for a long time and i haven't found a way to discipline myself when i don't really respond to anyone. there are no consequences if i'm working for all market hours or not, and there are no consequences either whether i follow my systems or not. i'm really disciplined for other matters (i'm in great shape with washboard abdominals) or when it comes to anything that involves other people, all my payments are made like clockwork, i have zero debt. i work really long hours during the evenings and nights developing and evaluating my systems but that will never compensate for not executing them during market hours as i should. i have also been overwhelmed lately with performing all the tasks required to run a household by myself for so long. we all know what goes into that list; doing the laundry, general cleaning, cooking, running all errands, making payments, buying groceries and i don't own an automobile either, so for the last two years i have been commuting by bicycle and that also adds to the toll.


- i have also faced technological problems. for example, the laptop where i do all my work - trading broke down in april of this year, right in the middle of earnings season. it was a major problem and it took me more than a week plus a couple of trips out of town to be able to get everything fixed and trade again. the internet connection where i live is also unreliable and i have had recurrent issues with it, from having issues placing orders to not having data at all.



i'm looking for third parties to help me execute my system the way it should be. i'm not interested in selling my indicators or strategies because that would only generate a one time income and what i want is to expand my capital several times over. what i have in mind would be something like selling the signals for entries and exits for a weekly payment or percentage of the profits made. i might be open to consider other arrangements and would gladly take any advice or suggestions, but i definitely need to make changes because i have managed to develop systems that would deliver outstanding profits but i'm excruciatingly failing to execute them. i will see if there are any interesting responses here and if not i will consider other alternatives that i know would make a big difference towards solving my problem. i have given some thought to the idea of hiring an intern that would just supervise my laptop and pull the trigger following my systems' signals because i know for sure that i would watch anyone else trading my systems like a hawk. please send me a private message with your qualifications if interested and i will reply with further information, like a list with the last 20 trades the system i intend to trade would have placed on a symbol like aapl.



very well, thanks, regards.

Psychology plays a hugely important part of trading and some of the most successful traders ever have blown up because they could not follow their own system. It is good that you have discovered this.

It is unclear how you backtest your system. If you cant automate it how do you backtest it? When you are backtesting how do you know what fill you are getting?

 

[d08]

Sometimes I sleep 2 hours at a time if I need to get things done (fixing problems). Does not matter how tired, when I need to get up for the market, I get up. Wouldn't think of just sleeping in because "I like it".

Doesn't sound like you're taking it seriously, that's where the lack of discipline comes from.

 

[toc]

Sometimes I sleep 2 hours at a time if I need to get things done (fixing problems). Does not matter how tired, when I need to get up for the market, I get up. Wouldn't think of just sleeping in because "I like it".

Doesn't sound like you're taking it seriously, that's where the lack of discipline comes from.

sorry but disagree with you a little...............

trading is a game of mind body and spirit. if mind and body are crying for rest then over stressing the spirit can be taxing.

would rather just do the paper entry of the trades for that day while recouping and refreshing the "whole team" and being ready for the next day's action.

somewhere i read that sleep deficit is like a basic bank account with regular maths. it builds up on you and results show in subconscious realm and also physical health.

 

[d08]

@toc, sure, I don't underestimate the importance of sleep but I'm somewhat of an insomniac myself. I should also emphasize that I'm talking about automated systems so I'd be up only if something is broken. My goal is still to have everything running every trading day as consistently as possible.
I would not do discretionary trading while sleep deprived, too many possibilities for things to go wrong.

 

[vegamedic]

today was a market holiday. i used it to wash and wd-40 my bicycle by hand, cook and to create this post at 2100 hours.

it took you an entire day to clean/lube a bike and cook? christ in heaven how are you not a billionaire yet? rock solid proof of entrepreneurship and work ethic right there

i'm consistently very undisciplined

not a great way to start your pitch

i hate going to bed early and this makes it brutally difficult for me to get up on time in the morning and be ready to (work)

if you're looking for someone to join your team of one, they're hiring you as much as you're hiring them. would you hire someone for a job that freely admits to struggling to show up on time?

i have been living by myself for almost two decades now, i have also been working from home for a long time and i haven't found a way to discipline myself when i don't really respond to anyone.

what you're saying is you're well into adulthood and after twenty years lack self-discipline in what matters (for your pitch)?

i'm really disciplined for other matters (i'm in great shape with washboard abdominals)

no one cares about abs. get a 4 plate squat and drink more milk, preferably raw.

doing the laundry, general cleaning, cooking, running all errands, making payments, buying groceries and i don't own an automobile either

You've listed the shit that every adult in the developed world is expected to do.

all that aside, you seem pretty set in your mind that you've got a rock-solid trading system that you need someone else to execute for you because you can't be bothered to get up on time. As a mostly neutral third party almost every line in your post is a red flag that you're full of shit whether or not you realize it.

squat heavy for a while and reconsider the lens in which you're viewing yourself right now. remember to keep the bar low (below the traps, resting on the scapula), widen your stance and get to parallel or lower.

 

[CHolmes]

Just from the sample trades that your profitable and robust trading system has generated, the win ratio is about 50%. So if I to completely rely on your trading system to trade, I will be losing half of the time. That's not a profitable and robust system. Your system produces the same outcome as a coin toss. I could be tossing a coin to the air and to see how it land to decide whether I should buy or sell and I would be getting the same trading results as your system. So why should I or anyone spend money to buy your system when I can just toss a coin for free and it would yield me the same results?

This is not true. Many profitable systems win less than 50% of the time. That does not make them a coin flip. Win percent is only 1 part of the equation. You also must include RR ratio. A system that wins 50% of the time will make money if the winners are 2x the value of the losers. You win 2R and lose 1R and win 50% of the time...this is a profitable system.

A much better critique would be with the sample size. 20 trades is nothing. I can show you a block of 20 of my trades where there were 0 losers. I could peddle this in the same way...anyone could. It's just cherry picking a favorable trading period. The reality is that hundreds of trades are needed (at least) to make the sample size potentially relevant. Give me a sample size of 2,000 trades and then we can talk.

 

[d08]

This is not true. Many profitable systems win less than 50% of the time. That does not make them a coin flip. Win percent is only 1 part of the equation. You also must include RR ratio. A system that wins 50% of the time will make money if the winners are 2x the value of the losers. You win 2R and lose 1R and win 50% of the time...this is a profitable system.

A much better critique would be with the sample size. 20 trades is nothing. I can show you a block of 20 of my trades where there were 0 losers. I could peddle this in the same way...anyone could. It's just cherry picking a favorable trading period. The reality is that hundreds of trades are needed (at least) to make the sample size potentially relevant. Give me a sample size of 2,000 trades and then we can talk.

It's funny how so many still think winning rate matters at all. This metric is proven useless quickly with any basic form of backtesting.