The Rise and Fall of Mechanical Trading Systems

Quote from DT-waw:

its exactly what my journal will show- TS network systems will fall apart and no public system will show a positive return in the long run.

if otherwise, it will remain a mysterious, amusing phenomenon for further research.
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emmm... mkay, but in your opening post you stated the following:

"In my Journal i'm going to document, with a brutal logic and commitment! how mechanical trading systems do not work. I will be using live results and a 3rd party provider."

It would appear you were referring to mechanical trading systems in general (including one would presume Winton's - which appear to have mostly been working for them), not just the public rubbish.

Anyway, carry on, but as ArthurD correctly states, why waste your time on this garbage?
 
DT, speaking of a waste of time, why are you even dialogueing with (justifiably) anonymous posters on ET? Don't you know who most of us are? Nobodies. Misfits. Liars. Delusional. Homebound. Nothing better to do. Nothing to offer. Like you, I'll make a wild-assed guess. Certainly no one here is making the big bucks. In nearly ten years here I have encountered fewer than ten people here whom I believed.
 
i assume that observations from this journal can be very precious in sense that:

if we will find at least 3 systems making new highs, 2, 4, 6 months from now, on top of new highs made in the past, while 357 other systems are flat or down, it will be a great lesson- what other systems are doing bad vs what these 3 winners are doing right?
 
Wow, didn't realize there was such a love for mechanical systems. Flat out there, is a handful of idiots in the world that know how to trade. You think they're going to be sharing profitable systems?! Get real. I can't believe how many losers in here defended this type of thing. Trading isn't just programming a MA crossover dipshit. There's a general rule of thumb, you have to be 10 pct smarter than the object you're using....I have a feeling a handful of guys on here have a ways to go with that. Profitable systems aren't just magically extracted from someone's ass.
 
and yes, most of the ETers are cheap wannabe millionaires.
partly because they do not invest in Winton, Medallion, Transtrend or top performing systems.

thats why it will be good to lift our poor status by finding quality systems to trade, right?
 
Quote from DT-waw:

i assume that observations from this journal can be very precious in sense that:

if we will find at least 3 systems making new highs, 2, 4, 6 months from now, on top of new highs made in the past, while 357 other systems are flat or down, it will be a great lesson- what other systems are doing bad vs what these 3 winners are doing right?
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Sorry, I don't know the source of the systems you refer to. Do you know their rules so you can make such a determination?
 
Quote from Arthur Deco:

DT, speaking of a waste of time, why are you even dialogueing with (justifiably) anonymous posters on ET? Don't you know who most of us are? Nobodies. Misfits. Liars. Delusional. Homebound. Nothing better to do. Nothing to offer. Like you, I'll make a wild-assed guess. Certainly no one here is making the big bucks. In nearly ten years here I have encountered fewer than ten people here whom I believed.
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Glad you could join the club
 
Quote from athlonmank8:

Flat out there, is a handful of idiots in the world that know how to trade. You think they're going to be sharing profitable systems?! Get real.
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its precisely what Winton, Transtrend, Lynx are doing!
sharing great systems to trade for other people... with other peoples money. for a fraction of income.

thats legitimate. while sharing systems online for a monthly fee is not legitimate. interesting logic.
 
Quote from Arthur Deco:

Sorry, I don't know the source of the systems you refer to. Do you know their rules so you can make such a determination?
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the rules of the winners (if they will turn out to be winners) would have to be, sort of, reverse engineered. or at least, just a general conclusions: frequency of trades, holding period, etc.
 
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