Looking to team up with someone skilled in system building

J

jmiles301

I'll keep this relatively short since the bulk of the convo should occur via DM, but as the headline states I'm looking to potentially team up with someone skilled in system building.

I've been a trader for 20+ years and have a profitable system that works. It's technically part discretionary part systematic at the moment, but there are enough seemingly simple rules associated with it to where I think creating an automated trading system based off of it could work.

Once built it would still technically be part discretionary part systemic because the inputs of the system (the stocks the system would be looking to execute trades on if certain conditions are met) would be provided by me based on when I think it would be a good time for the system to be looking for such conditions to be met.

Why create a system in the first place? Because I'm a one man show at the moment and can't catch everything on my radar + at times my in the moment discretionary decision making would be better off left to an automated system.
 
2rosy said:
How can someone automate a discretionary decision?
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They can't, but portions of it can be automated to display the baseline perimeters that one would look for, prior to making the discretionary system.

So, in other words if I had 7 charts open, I wouldn't be able to find all the setups and make a decision to trade it or not. However, if a system could automate at least a good portion of the objective things he's looking for than it can alert him to that, allowing him now to just focus on making the discretionary decision, instead of having to find both. This is going to free him up to be able to trade multiple markets or at the very least find more signals in one market that he would otherwise miss.
 
2rosy said:
How can someone automate a discretionary decision?
More...

I have another example:

I trade discretionary but my entry is rule based. I have programmed that entry and if I got an entry, I just look if I like the trade. If I do not like it, I'm out. This approach met me trade multiple markets.
 
jmiles301 said:
I'll keep this relatively short since the bulk of the convo should occur via DM, but as the headline states I'm looking to potentially team up with someone skilled in system building.

I've been a trader for 20+ years and have a profitable system that works. It's technically part discretionary part systematic at the moment, but there are enough seemingly simple rules associated with it to where I think creating an automated trading system based off of it could work.

Once built it would still technically be part discretionary part systemic because the inputs of the system (the stocks the system would be looking to execute trades on if certain conditions are met) would be provided by me based on when I think it would be a good time for the system to be looking for such conditions to be met.

Why create a system in the first place? Because I'm a one man show at the moment and can't catch everything on my radar + at times my in the moment discretionary decision making would be better off left to an automated system.
More...

Interesting. Would you be able to write some steps in pseudo code?

https://www.geeksforgeeks.org/how-to-write-a-pseudo-code/amp/

If you do I might be able to help
 
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I would think there are a few to a dozen already developed rules based scanners/screeners.

Why reinvent the wheel?

They are not systems be neither is what OP is looking for.
 
2rosy said:
Seems what is being described is alerts. I doubt the discretionary decision can even be articulated.
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There are enough objective rules associated with my approach that I am almost certain it can be programmed by a good enough developer, these would definitely not be alerts or anything close to it. "if A is met then B is performed" etc.. That is essentially how I trade now, or at least with this particular system, however on some days there is just too much to follow and manage by one person.

The rules-based system would not necessarily be that complicated per se (maybe it would be, I don't know what creating it would entail exactly), the what and when (i.e. the inputs I would provide, which on some days might only be one or two stocks while on others it might be 15-20), that is where the program would get its positive expectancy (assuming it could be built to come close to replicating how I trade it manually).
 
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