Looking for the Worst Automated Systems

harooki2 · Feb 13, 2009

I'm working on some trading research that could turn some miserable systems into big winners. If anyone has a MetaTrader4 Expert Advisor that is a CONSISTENT loser in a 15-min to 4-hr environment and can share it with me, I would appreciate it. Just post your EA (it must work properly but be a loser) and I will apply my recovery application to it.

This is not a joke (though it sounds like it), and I'm not trying to scam anyone. I have no financial motivation for doing this, except for my personal trading. If I benefit from it, I will share the results with you individually in return for your contribution.

andrewbee · Feb 13, 2009

Well, I designed a mechanical ES system that's been running in paper-trade mode for the last couple of weeks. This thing is a DOOZY!. This week particularly, it's lost thousands per contract. When this thing loses money, it does it with a style and flair quite unmatched in the trading world.

Not sharing the details though, because if it consistently loses money, over several months say, I might just use it as an anti-system and take the opposite of its trades.

R. Raskolnikov · Feb 13, 2009

I'm pretty sure that's what the OP was hoping to do as well

Quote from andrewbee:

Well, I designed a mechanical ES system that's been running in paper-trade mode for the last couple of weeks. This thing is a DOOZY!. This week particularly, it's lost thousands per contract. When this thing loses money, it does it with a style and flair quite unmatched in the trading world.

Not sharing the details though, because if it consistently loses money, over several months say, I might just use it as an anti-system and take the opposite of its trades.

Craig66 · Feb 13, 2009

Quote from andrewbee:
I might just use it as an anti-system and take the opposite of its trades. [/B]

Yeah, that always works awesome.

eagle · Feb 13, 2009

I know it is not a joke but do you really think if someone has created a consistent losing system is stupid enough for not trying to turn it up side down.

Quote from harooki2:

This is not a joke (though it sounds like it)

Nashequilibrium · Feb 13, 2009

Quote from andrewbee:

Not sharing the details though, because if it consistently loses money, over several months say, I might just use it as an anti-system and take the opposite of its trades. [/B]

If only it was that simple, hedgefunds would be hiring the dumbest traders.

Corey · Feb 13, 2009

Quote from Nashequilibrium:

If only it was that simple, hedgefunds would be hiring the dumbest traders.

I thought the returns over the last year proved that they did!

ZING!

Yuk yuk yuk yuk...

eagle · Feb 13, 2009

The most misunderstand and the most important is the word "consistent". Designing a consistent winning system or a consistent losing system is the same thing.

Quote from Nashequilibrium:

If only it was that simple, hedgefunds would be hiring the dumbest traders.

harooki2 · Feb 13, 2009

It certainly isn't that simple. I've turned a lot upside down and still lost money.

veggen · Feb 13, 2009

Quote from andrewbee:

When this thing loses money, it does it with a style and flair quite unmatched in the trading world.

I might just use it as an anti-system and take the opposite of its trades.

LOL! Brilliant