Check your private message box please. Thanks.
Just 4 The Naysayers
- Thread starter Veyron 16.4
- Start date
Why? Because you say so now? Go read the record and get back to me when you fully get the context.
That's just dumb. Sorry, I really don't know how to put another way - that's just plain ole stupid. You just said that cannot run multiple trade scenarios containing some good known ideas that are highly precise, along with some new unknown ideas where the traders has absolutely NO idea whether or not the trade will make or lose capital.
That's what you just said and THAT is dumb, because THAT is exactly what a damn demo account is USED FOR, Yoda! :eek:
Then were is the product being Vended? You fail to understand that if you are going to make such a claim, then you are going to have to back it up. If I was forced to back up my claim with results - which I posted today of this week's profile, then YOU will have to back-up your claim that something is being vended. Fair is fair - now show your homework. Where is this Vending Machine filled with little trading bots for just $199.99 - LOL!
Do you have any idea how ridiculous you read? Vending? This would be the absolute worst way to "Vend" anything, would it not? By coming on here and laughing at people like you on ET? That's a marketing strategy? L-----O-----L!
Give it a break, will ya. I'm a guy who can't control himself right now, because I designed something that even I have to pinch myself sometimes to believe.
I can move in BOTH directions and cause BOTH sides of the deal to work out in the black and I can do it in just about 5 days worth of time. And, soon, once the test data is complete and the results verified, I'll be able to reduce that time-frame down to 24 hours.
Boom! Your outta there kid.
Translation, you don't know what the heck a demo account is for. Why does this need so much "reinforcing" inside your little brain, huh?
Demo means Demo, Galileo. That fact that I grabbed my "Demo" (spelled D---E---M---O) account and tossed in a known quantity trade profile over the course of one week, does not mean that I can't or did not use that same D---E---M---O account to do other things with an unknown value attached to them. How many different ways must it be spelled out for you? Intelligent people get it - what's wrong with your ability to comprehend the obvious?
Quote from atticus:
And yes, you CAN offset a Euro-style option prior to expiration, you simply can't exercise. Truly beyond belief that you could fuck that sideways.
Truly beyond belief that you STILL don't get the original context or the original question that lead to the original answer given. You are too busy backpedaling, trying to work your way out of the hole you dug for yourself when you went off the deep end raising a red herring about the option question to begin with.
Then you blundered your way into an even deeper hole by claiming that dbFX is NOT using FXCM under an Application Service Provider model, when you (at the same time and out of the other side of your mouth) said that dbFX's data (what you called "their shit") still "flows through the FXCM servers at Old Slip. Not withstanding the fact that you are DEAD WRONG, you contradicted yourself on cross examination, not once - but TWICE! LOL!
Give it a rest, Atty.
You mean, my dream come true! And, how sweet it is to be hated by people, just - like - you: The Naysayer Set.
I'll wear it like a badge of honor.
By the way dont let them get to you. No need to prove anything to anyone and regardless your doing good. At one point in time people thought the world was flat and there were a few who could look beyond. 
You are chatting with a guy who taught himself first year aerodynamics in the 12 grade (with real math) and who obtained his first degree at 20. So, just by scanning the questions here, I already know what you are attempting to do. You must be, 17 or something like that, maybe?
Anyway, I'll play...
It is not that cut an dry, I wish the world was. In total, about 9 months. However, that does not include all trades using the finalized tweak. I don't just create new trading tools and then run out and use them on real capital. I research, test, develop, analyze, fine-tune, re-analyze and then certify ALL new tools that go into my system. My system is comprised of three (3) larger components: The Technical, The Money Management and the Trade Strategy. These three things are now fully integrated, where they were NOT fully integrated 9 months ago.
Approximately, $25,000.00 US, left over from a severance package given to me more than 4 years prior - believe it or not. Over the course of the first month using real cash, got my head handed to me on a silver platter. 25 became 20, then 15, then 10, then 5. 5 would then become 10, then 15 then 20 then 30. 30 would become 25, then 20, then, then, then, then - like a ride at the amusement park, only back then, it was NOT funny at all.
Such a transparent questions, but approximately net -15 after 30. Approximately, net -20 after 60, then back up the amusement park ride once again to the top. Once, I went from about $30k all the way up to $198k. Then back on the 10 cent pony express ride all the way back to net/net $19.
Are you starting to get the painful picture here?
Not nearly that cut and dry over the past 9 months. The system generates a trade signal every day, but that does not mean I traded it ever day. Some of the trade required a hold for more than a week, while others were done in 14 minutes flat. The system does not generate a pure Swing Trade signal. That particular signal comes not from the technical side of the equation, but from the Trade Strategy side of the equation and that was NOT available to me 9 months ago.
Is the picture starting to sound familiar?
I once lost $16,000 US in a single trade - all because I was STUPID back then. I used approximately $32,000 US cost basis, to make that trade. I'll never forget it. Not because the sum was so great, but because I later decided to go against my own system because I got impatient.
NEVER trade against your own system(s) - unless there is a darn good mathematical reason for doing so.
Unfortunately, no it will not - for the reasons stated above and throughout my reply to you. There was a mixture of trading going on using bits and pieces of exactly what I am using right now. Only back then, I had not seen the light and could not, as a matter of consequence, do the integration work necessary to pull things together as they are right now.
I've been trading about 3 months straight using about 80% of the "new" system that I have in place right now and about 1 month using all 100% of it.
I really don't see what all the fuss over sliced bread, is about anyway.
No need to be insulting, I was just trying to get an idea of how good your system actually is. You're the one starting all these threads and initiating the conversation about it.
Ok, so then let's exclude all the prior history before the finalized tweak, because that's not your current system.
Then we should ignore that data.
It was actually lucky that you didn't end up at zero given how far you fell from 30. But as you said, that's not your current system so we'll ignore it.
You have given me a picture of the past so far, not a picture of the present system that you are trumpeting on ET.
Yes. You still haven't said anything about the performance of your current system with all the finalized tweaks.
And the results of this over the past 3 months are....? What? You're the one who claimed:
"I'm already turning profits with my work and at an alarming rate"
I am just trying to get you to actually put some numbers out there to tell us what the performance is - approximate number of trades, max drawdown, total profit, etc.
You can use the last 3 months of data and answer all the original questions I asked you (with the known caveat that the system was only 80% final), and then you can tell us your performance over the last month (which you say is with the 100% final system).
I was assuming that this is what you would do in response to my questions, instead of telling me your results from a time when you were still developing it.
Quote from dtomassino:
By the way dont let them get to you. No need to prove anything to anyone and regardless your doing good. At one point in time people thought the world was flat and there were a few who could look beyond.
I'm having fun here, really - I am.
Why does the truth insult you? I don't get that. I would be insulted, if a guy jumped in the middle of a thread, pretending to be asking relevant questions, when their true motive was to try to intentionally trip me up. That would be insulting.
You can exclude or ignore any data you desire - it is up to you. I'm giving the full scope of how things went down on my end - that's all.
I'm not sure it was luck. I think it was cyclical. Every good trading system has at the very least, the capacity to produce above average results by mathematical definition, as that is necessary to establish the accuracy curve. In order to have statistical fluidity in any average by definition, there will always be peaks where performance outperforms the norm. I think this more precisely matches the results obtained during these times.
How does one have a clear understanding of the present, without a view to the past. One can't know if one is running headlong to the edge of a cliff, unless one can look back and see the mountain in the rear.
You did not ask for current information about the performance of the current system. You specifically asked questions about the past. But, you question the replies given which directly answer the survey you put forth.
Approximately, $37,300 US (cost basis) to $215,180.50 (approx). With rates of return ranging from as little as 2.5% net to as much as 100+% net. Some weeks were traded fully - others partially, while others not traded at all, depending on how my golf swing was at the time. When I'm swinging the clubs really well, I tend to not trade as much. When I'm swinging the clubs poorly, I tend to swing the trade very well.
Well, you got'em.
Which is the summary I just gave you with the caveat being that when you trade non-directionally, draw no longer matters. That is why I do not need to trade with a stop. I thought you might have caught that before asking the question, but apparently, not.
Of course, that what I would do, because your questions did not ask me to do otherwise. You are not as smart as you think you are. Your questions are highly transparent to the point of being insulting - yet I told you that I would play along.
Now, that you have your "numbers" -what say you. Do you place them into your trust calculator and swear on your retirement account that: "It just can't be done." Or, do you realize that you can't place my trading patterns in a nice, neat little box that you can label, pass or fail?
3 Months. Split between 80% and 100% system readiness and availability. Solid periods of ongoing trading with periods where no trading was being done for other reasons. Mostly all Swing trades running anywhere from 3 - 12 days on average. No losses. Net gains at all levels ranging from 2.5% through 100%+ and pushing 37+ to 215+, which by my count is approximately 581.08% total net return thus far.
Now, how does that work out for you? If I can stay on this pace, I'm looking at that same 37 turning into:
$693,130 in 5 total months.
$1,244,159.50 in 6 total months.
At that point, I will have to start working on my other project which will be solving the Access and Order Entry problem with the current platform I now use. At that point, I will have to split my ticket into two (2) separate trade blocks, each containing multiple segments (orders) of the same trade. Where one block would equal 50,000,000 Notational (or, what some rightfully call Notional Value).
If I can get the order entry job done right, I figure I can manually enter 10 blocks of the initial set of segments (order) that I need to get things started for the week. The rest can be entered later, but the 10 that I do enter will need to be executed somewhere within the spread.
This is also one of the reasons why my demo account fluctuates up and down, because I often practice entering the block of 10 at different times when the market is moving, just to see if I can get all the orders in at or near the spread. I don't mind some slippage, but I don't want orders being 5 pips or more off the actual entry price established by the system.
At 8.5 months into this journey, the total account balance should reach $5,371,069.00, moving 232,010,000 currency units with that trade. That would be trade number 34 to be exact.
My first personal goal is $10,000,000. Not because it is a large number, but because it serves a particular need not up for discussion on this or any other forum. That target will be reached between months 9.5 and 9.75. Of course, this will begin to push the edge of what I think I will be capable of doing, because at this level, I will need to manually enter a block of 8 orders on BOTH sides of the equation, for a total of 16 segments (orders) and that does not include the other segments that will be Entry Orders.
So, at some point, I begin to reach the physical limits of staying comfortably within the spread in the aggregate for ALL initial segments (orders).
Approximately six (6) weeks or six swing trades after that, I'll hit the Yard mark and be in the position of needing to move Yards, not Lots. But, of course, that pushes the account balance to right around the $23,000,000 level. Believe it or not, that will STILL be far from where I want to be.
At some point, I expect to max out on what is viably traded at one time, even though the other segments (orders) get called into through the Entry Order process. I don't plan on running things until I hit liquidity problems, but I am going to do as far as I can.
At month 10, it will require a block of 11 segments (order) plus the delayed Entry Orders, for an expected net gain on the swing trades of $1,757,668.50 per week using a cost basis of $5,579,900 per trade sequence.
That will be the flat line capacity for my current trading platform. About $7,030,674 net return (cash) per month. Or, about $84,368,088 per year.
Not stellar by any large fund standard, but if I work at it long enough, I can get to the $1 bln that I'd like to top out at - in about 11 years. And, that's the problem I have. I don't want to wait 11 years to get this job done. That is why I will need to make a move into an entire different kind of trading platform.
This is also the primary reason why I'm pushing the system to accomplish the same thing in 24 hours, instead of having to waste a week waiting for the swing to develop. Once I can get the 24 hours parts worked out, I can begin to serious think about targeting that $1 bln.
That's my entire plan - encapsulated.
So, now you know the real score and why having the ability to trade in any direction and still net out, is so critically important. I'm not merely trying to supplement my retirement, here.
Well, you wanted numbers - now you have mine. Past, present and future.
It was clearly implied that I was asking about the past of your CURRENT system in its final form. I think that was fairly obvious. But then, no matter since you have answered the question.
All I did was ask you what the performance of your system was. Why you think that's insulting is beyond me.
I hate to burst your bubble, but I'm not here to prove or disprove anything about your system. You're reading all kinds of stuff into my comments that wasn't there. Maybe you shouldn't be so defensive.
What I will say is that your results sound impressive for the 3 months that you have been trading this, but there are a lot "projections" in your results - predictions of where you will be and how many billions you WILL be making, that you haven't actually made yet. I'm not saying that you won't get there or that you're wrong - I have no data to make that type of prognostication. What I will say is that a few months of trading, even with impressive results, is not enough for me to proclaim you king of the trading world just yet. If the projections you noted actually happen, that will be different - assuming you can prove them of course. I'm just taking everything that you're saying here on good faith, since you are not supplying any evidence of said results.
Great. Let's see if it happens.
Great. Let's see if it happens.
Great. Let's see if it happens.
Thanks for answering the questions.