Offering auto-trading long-only options system "sys13"
- Thread starter botpro
- Start date
- Status
There is no interest on your side because you know it will fail with real data.
Attached is a backtest of just one trading system. It was back tested against REAL DATA!!! So I know it works. It was generated on an third party Options backtesting system so I cannot manipulate the data like you did.
I used QuantyCarlo http://quantycarlo.com/
Until you post your system against real data YOU ARE A FRAUD!
So I will ask the people of ET. Would you buy my system since it was tested on real data or botpro's system which was tested on data he made up?
My system only launches 1 trade per month and averages 3.96% return. I could have easily launched the same trade every day if I had enough capital.
Attachments
Last edited:
I see, data vendors aren't happy if people don't buy expensive data and instead use GBM...
With all due respect, given your responses (some evasive) I'm still unsure as to whether you're under the illusion of a flawed theoretical system, or trying something shady, or actually ready for and seeking investors.
Let me correct that: you're not ready for investors, I know that much.
I don't know about options data, but historical stock data is freely, or near-freely available depending on the timeframe. With my $25/month SierraChart backtesting account, I get all the intraday history I could possibly want for example, and I'm free to export it to standard formats from which I can convert to anything I need.There's no reason for you not to have back-tested with some historical data, at least for the underlying instruments. If you're serious in your rather incredible offer, that's the very least you could do, and it's also very easy and affordable to achieve.
I also remain very concerned that you're not going through the extra effort to hook up your system to a paper trading account somewhere (pick whichever broker is easiest for you to do this with) for live forward-testing. For how long this "pointless" testing, you ask? Easy: start ASAP and log your performance weekly in such places as this thread where you made people aware of your system. Then "long enough" will be whenever you receive your first offer.
With all due respect, given your responses (some evasive) I'm still unsure as to whether you're under the illusion of a flawed theoretical system, or trying something shady, or actually ready for and seeking investors.
Let me correct that: you're not ready for investors, I know that much.
There's no reason for you not to have back-tested with some historical data, at least for the underlying instruments. If you're serious in your rather incredible offer, that's the very least you could do, and it's also very easy and affordable to achieve.
I also remain very concerned that you're not going through the extra effort to hook up your system to a paper trading account somewhere (pick whichever broker is easiest for you to do this with) for live forward-testing. For how long this "pointless" testing, you ask? Easy: start ASAP and log your performance weekly in such places as this thread where you made people aware of your system. Then "long enough" will be whenever you receive your first offer.
He will never test against real data because he knows it will fail. He claims that testing against real data is useless and time consuming..... reallly???? There are dozens if of hundreds of spots on the web to get historical data.
He claims to have a system that makes 1000% a year consistently.
If I had a system that good I would triple mortgage my house and start trading asap.
He can get all the free data from Yahoo but he won't
http://finance.yahoo.com/q/hp?s=^RUT&a=10&b=10&c=1990&d=00&e=22&f=2016&g=m
Last edited:
Regardless of claims, I give everyone the benefit of the doubt until proven guilty.
He could just be over-confident, as he appears to be.From the looks of the stats, I'm pretty sure he needs intraday data. I used to download 5-minute data from Google Finance for free with an unpublished API, but I haven't tested that method in a couple of years. It's easy enough to use systems like SierraChart, MultiCharts, Ninja Trader, etc. to download and export such data cheaply anyway.
Without anyone buying into the current offer, I'm sure he'll eventually go through the effort of demonstrating it with actual market data.
Annual Return
Filter => 6956.6850%
Source code included!
Q
An Exploration of Simple Optimized Technical Trading Strategies
Ben G. Charoenwong
*
Abstract
This paper studies the behavior and statistical properties of three simple trading strategies. Technical trading strategies can be viewed as a form of information gathering. But are they worth the computational cost? I
compare the profitability and trading accuracy for three strategies with different information gathering techniques and parametric dimensions. The trading rules were a filter strategy, moving average strategy, and an arithmetic and harmonic mean difference strategy. ... ...
http://deepblue.lib.umich.edu/bitstream/handle/2027.42/91813/chben.pdf
Page 12
Table 1:
Results of Optimized Strategies => No Trading Cost { Profit ($) : Annual Return : Accuracy (%) } VS $8 Trading Cost { Profit ($) : Annual Return : Accuracy (%) }
Ideal => No Trading Cost {49337.82 : 6956.6910% : 100.0000% } VS $8 Trading Cost { 30617.38 : 4317.0870% : 100.0000% }
Filter => No Trading Cost {49337.78 : 6956.6850% : 99.6846% } VS $8 Trading Cost { 32739.26 : 4616.2740% : 44.9672% }
UQ
Filter => 6956.6850%
Source code included!
Q
An Exploration of Simple Optimized Technical Trading Strategies
Ben G. Charoenwong
*
Abstract
This paper studies the behavior and statistical properties of three simple trading strategies. Technical trading strategies can be viewed as a form of information gathering. But are they worth the computational cost? I
compare the profitability and trading accuracy for three strategies with different information gathering techniques and parametric dimensions. The trading rules were a filter strategy, moving average strategy, and an arithmetic and harmonic mean difference strategy. ... ...
http://deepblue.lib.umich.edu/bitstream/handle/2027.42/91813/chben.pdf
Page 12
Table 1:
Results of Optimized Strategies => No Trading Cost { Profit ($) : Annual Return : Accuracy (%) } VS $8 Trading Cost { Profit ($) : Annual Return : Accuracy (%) }
Ideal => No Trading Cost {49337.82 : 6956.6910% : 100.0000% } VS $8 Trading Cost { 30617.38 : 4317.0870% : 100.0000% }
Filter => No Trading Cost {49337.78 : 6956.6850% : 99.6846% } VS $8 Trading Cost { 32739.26 : 4616.2740% : 44.9672% }
UQ
Last edited:
To those who ask for backtesting using historical real data:
Just show me where I can get 30-second bar data (or even shorter) of at least 67 stocks or indices with options, over a period of at least 1 year.
To be accurate also the options data of strikes about +10% to -10% around current spot should be available.
Does there exist any source (shop) that can provide that mass of data? I doubt.
Just show me where I can get 30-second bar data (or even shorter) of at least 67 stocks or indices with options, over a period of at least 1 year.
To be accurate also the options data of strikes about +10% to -10% around current spot should be available.
Does there exist any source (shop) that can provide that mass of data? I doubt.
Yes, all you have to is use Google to search.... you do know what Google is right?
http://optiondata.net/
https://www.tickdata.com/product/historical-options-data/
https://www.historicaloptiondata.com/
http://www.optionistics.com/
- Your system above with just 1 trade/month is nothing but a micky-mouse system compared to mine.
- You are making silly and unfair accusations against me.
- Just provide the input data then I can do as many backtests you like, see my prev. posting on this.
- Status