Quote from acrary:
I shouldn't be included as a mechanical trader since I've never traded that way. I've done research to create "straw men" trading models. Then I've traded against the models using my market knowledge. Anybody that's traded on a desk knows you don't dare trade mechanically for someone else. Intellectual property rights are almost always part of a trading contract. Nobody wants to take your research for fear of losing a good trader. However if you just entered trades as a model indicated, you can be sure your employer would try to sue to disclose the models when you depart the firm. Good to see you're still around MAN. Hope all is going well.
well. yes and no on side of intellectual property. i think
that all our systems can easily be changed to have different
entry points. and the only problem are competition exclusions.
if you trade for yourself, that ain't a problem either.
but i see your point and i've never worked for a wall street
firm ... so, you know better.
i am not satisfied with how i am doing. trading a sharpe
of 1 on a USDm25 account ...
and i am asking myself at least once a month what the
real edge was that you had. in the meanwhile i am
quite convinced it was NOT the edge test. i think it
does not indemnify you against fitting. at the moment
i believe it was your preselection via correlations that
made the difference. thus, you found something in the
universe of ALL datapoints and started from there.
sorry, could not resist touching this ...
glad to see you back. it feels like a rockstar is reentering
the stage. funny. i hope - though - you don't trade
too much ... remembering one post of yours ...