Trading algorithmically a folio without stops (with IB), real $$$

[jcl366]

Right, probably have something to do with options expiry on friday ?

But according to myfxbook your spectral filtering method z12 is loosing money this year.

And your grid method is showing 1600 pips profit but -900 pip loss in open positions.

What real hard cash are you talking about ?

The 900 pips loss in open positions are correct, but the other values are wrong. Z12 is winning money also this year and the grid trading method is currently at 3100 pips, not 1600 pips. You've probably looked at the Zulutrade system, but that's a simplified variant for Zulutrade specific reasons. But even that one has doubled the capital meanwhile. We also don't have records on myfxbook.

As to the 900 pips open positions, our professor can probably better explain than I why relatively large negative open positions are typical for a grid trader. This is due to the mean reversion basis of this method. The important factor for your money is the equity, not the open positions.

 

[jcl366]

Zorro: the system which steals from the rich and gives to the poor. ("The idea behind this software is simple: Let some wily machine redistribute money from the rich to the poor.")

Wow. That slogan must really attract a lot of wealthy investors.

We do, as you brilliantly have concluded, not look for wealthy investors. Our systems are for people with minimal capital, such as $100. You can probably not imagine that, but for some people $20 monthly return is already a substantial contribution to living costs.

And we also do principially not trade with other people's money. Zorro is for promoting automated trading, not for selling systems or ripping off investors.

 

[AdrianHagh81]

The 900 pips loss in open positions are correct, but the other values are wrong. Z12 is winning money also this year and the grid trading method is currently at 3100 pips, not 1600 pips. You've probably looked at the Zulutrade system, but that's a simplified variant for Zulutrade specific reasons. But even that one has doubled the capital. We also don't have records on myfxbook.

As to the 900 pips open positions, our professor can probably better explain than I why relatively large negative open positions are typical for a grid trader. This is due to the mean reversion basis of this method. The important factor for your money is the equity, not the open positions.

Whats this then ? http://www.myfxbook.com/members/sphin/zorro-z12/918874

 

[jcl366]

Not from us. We don't record on myfxbook.

 

[fullautotrading]

We do, as you brilliantly have concluded, not look for wealthy investors. Our systems are for people with minimal capital, such as $100, for which $20 monthly return is already a substantal contribution to living costs.

And we also do principially not trade with other people's money. Zorro is for promoting automated trading, not for selling systems or ripping off investors.

Oh, a benefactor of humanity we have here.

20$ a month on 100$ capital (well I guess the PDT rule does not apply to your users).
That's beautiful. Why don't you write a proposal to the Bill & Melinda Gates Foundation ?

And, btw, now that my investors and research sponsors have finally discovered, thanks to your brilliant insight, that I am ripping them off,
they are now all closing their accounts and funding lines.

Zorro hit again! https://www.youtube.com/watch?v=P2WjTxnYziM

 

[jcl366]

I am not alleging that you're ripping of your investors - I assume that you honestly believe in some success of your system.

 

[AdrianHagh81]

Not from us. We don't record on myfxbook.

Doesn't your spectral filter on moving averages is basically a similar
effect to using EMA ?

 

[jcl366]

Doesn't your spectral filter on moving averages is basically a similar
effect to using EMA ?

Basically yes. EMA is a one-pole lowpass filter. We're using multipole filters. They have the advantage that they filter better and have less lag than an EMA.

 

[AdrianHagh81]

Basically yes. EMA is a one-pole lowpass filter. We're using multipole filters. They have the advantage that they filter better and have less lag than an EMA.

Cool, so where's the z12 track record ?

 

[jcl366]

We don't provide track records of the Z systems. Any record that you find on the net is probably from a user, not from us. The only record really from us is the system on Zulutrade from one of our developers.