Setting up an automated trading system - Checks and balances

Discussion in 'Automated Trading' started by globalarbtrader, Sep 2, 2015.

  1. Driverless cars are, apparently, very close to commercial reality. I don't know about you but there is something pretty scary about a computer being completely in control of a complex process, which could have catastrophic consequences if it went wrong.

    That might seem a strange attitude. After all I run a fully automated systematic trading strategy. True if it goes wrong the consequences are 'just' losing money, rather than death and dismemberment; but I am pretty comfortable with letting the computer trade my money for me. Partly might be because I wrote the software myself; but given I am a competent amateur rather than a professional programmer this shouldn't be that reassuring.

    No - what gives me comfort is having information about my system. Because I have a series of ways to automatically monitor my system; to understand if it's behaving properly and if anything is going wrong.

    This post will tell you how I keep a close eye on my automated trading computer. It is the sixth, and final post, in a series on the nuts and bolts of building systematic trading systems. Warning: there are a few python and linux commands sprinkled here. However you don't need to be familiar with these environments to follow the post.

    Much more on my blog
    qoppac.blogspot.co.uk/2015/09/systems-building-checks-and-balances.html

    GAT