What is this data supposed to tell us, dear poster? Some comment and/or quoting of the posting you are referring to would be good to understand the data and your intention to post it.
Offering auto-trading long-only options system "sys13"
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If you are refusing to test on historical data why don't you post daily results of forward testing data. You can get today's data for free with a paper trading account. You can get a test account at IB or ToS for free.
You claim 1000% a year so that is 4% a day. You started this thread approx 10 days ago so you should be up 40%
My guess is you won't do it. But if you prove me wrong I would gladly buy your system.
Even if it only made 1% a day in 10 years starting with 500k as suggest you would be one of the most wealthy people who have ever lived, you would have trillions of dollars even if you only made 1% day after 10 years (2500 trading days).
http://www.miniwebtool.com/exponential-growth-calculator/?n1=500000&n2=0.01&n3=2500&n4=
I will sell my house and my kids for a system that makes 4% a day. Hell i would sell them for a system that made 0.5% every day
You claim 1000% a year so that is 4% a day. You started this thread approx 10 days ago so you should be up 40%
My guess is you won't do it. But if you prove me wrong I would gladly buy your system.
Even if it only made 1% a day in 10 years starting with 500k as suggest you would be one of the most wealthy people who have ever lived, you would have trillions of dollars even if you only made 1% day after 10 years (2500 trading days).
http://www.miniwebtool.com/exponential-growth-calculator/?n1=500000&n2=0.01&n3=2500&n4=
I will sell my house and my kids for a system that makes 4% a day. Hell i would sell them for a system that made 0.5% every day
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They are lucky - this time! I think! lol
Where have you got that 4% per day? Try an interest calculator...
It is only about 1% with gains immediately reinvested.
I think it is not necessary, because I did many simulations which cover a broad range of market situations.
Testing with historic data is problematic: then people could make the accusation of curve-fitting.
Forward-testing is ok, but as said forward testing with simulated data works good as well, and countless market situations can be covered,
whereas live-testing covers just one outcome and it takes much time, and is statistically not significant as at least 30 or so such runs would be required as a minimum for a significance test...
And: big amounts can't be traded that easy as do amounts say <= 2 million or so.
Yes, one of the interessted parties wanted me to testrun with a 2M account, and the system
has been able to handle that account size as good as well using the same 50 bots used in the 600k case.
But there are clearly lower and upper limits regarding tradable account size, which I also have stated in the initial posting / prospectus.
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So lets be clear. You are refusing to forward test a blackbox system. That is as a big as a red flag can get
I have enough money to easily buy your system but you refuse to demonstrate it even on the past week of data that you can get for free
If you want me to perform backtesting using real data than just provide the data and I can test it.
I told you enough times about my reservation against such a test procedure.
Asked differently: what exactly do you want?
If you say "daily results of forward testing data" then I will answer that I already have posted 6 annual runs with daily results, ie. a total of 6 years.
Just look into the XLS files that were posted in 2 zip-archives here.
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Ok. Go create a paper trading account at IB and forward test it for 1month here live and show me that you can make 1% a day.
If you can do that then name your price. I will gladly pay any price for a system that makes 1% a day
I am a prospective buyer of your system. You have done nothing to prove it works
I think IB's paper trading account has a size of only $100k, but I would need $600k.
And free data of 67 (or more if possible) of not too much volatile highly liquid underlyings with all their options chains of at least 4 months into the future.
System needs to be always connected, ie. streaming data the whole 6.5h/day for 1 month.
Can you give me that testing environment?
As said: my current solution is to use a simulated environment (data, market) for this
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Apparently you must be a very knowledgeable and experienced trader of long options for many years, understanding too well its potential risk of various kinds clearly and seriously!
Otherwise ... ...
You
You can create a paper trading account of 1 Million dollars
https://www.interactivebrokers.com/...unt_management_for_paper_trading_accounts.htm
Now go create an account and then forward test. If you can prove 1% a day for 1 month I will buy your system. Very simple
You can create a paper trading account of 1 Million dollars
https://www.interactivebrokers.com/...unt_management_for_paper_trading_accounts.htm
Now go create an account and then forward test. If you can prove 1% a day for 1 month I will buy your system. Very simple
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