A free Trading System that guarantees at least 180% p.a.

Discussion in 'Chit Chat' started by botpro, Apr 16, 2016.

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  1. Visaria

    Visaria

    Funny thread! I'm guessing if it does work then it only works for accts with thousand dollars or even less. Botpro then makes more selling it than implementing it himself.

    Mods should move the thread to entertainment or chit chat or something.
     
    #21     Apr 17, 2016
  2. Visaria

    Visaria

    Um no, because the insurance provided by the put option costs money.
     
    #22     Apr 17, 2016
  3. K-Pia

    K-Pia

    It's not. Hedging is a risky business.
    You can't eliminate uncertainty.
    About greeks and underlying.
     
    Last edited: Apr 17, 2016
    #23     Apr 17, 2016
  4. botpro

    botpro

    No, the system is freely scalable to any amount (ok, since a basic hedging is involved one has to take care of the commisions for hedging; but as said: this is just a simple hedging , not delta-hedging, meaning: under normal situations only a few hedging trades). The minimum is 1 contract, and one must have the cash for the corrosponding number shares of the stock, plus commissions.

    No, as said: it is a system free of any costs.

    At this stage I don't see any reason for such a step.
     
    Last edited: Apr 17, 2016
    #24     Apr 17, 2016
  5. botpro

    botpro

    No, I don't have that much money, but I'm willing to take the obligation.

    Marketing this system? It's a free public domain system, man.

    If I had that much money, I sure could fulfil this. But since I don't have, you have to take my word of my obligation.
    But as said: you are responsible to apply the system in the market. IMO one would need a near 24/7 market, or multiple markets to "simulate" a 24/7 market.
    This is, as said, because one needs a market without any overnight gaps in the price of the underlying.

    We can make it simple: let's just simulate a 24/7 market using GBM or something similar and using BSM or something similar. What about this?
    Then you could see without any risk whether the system works or not.
     
    #25     Apr 17, 2016
  6. botpro

    botpro

    If the trading program can react immediately to market changes, ie. in this case within few seconds,
    then the type of hedging I mean just will work well with this system.
    As said, a 24/7-like market environment without any overnight gaps would be needed.
     
    #26     Apr 17, 2016
  7. botpro

    botpro

    But one usually buys insurance to eliminate the risk... :D
     
    #27     Apr 17, 2016
  8. newwurldmn

    newwurldmn


    I can't take your word on a guarantee. You have to supply proof that you can fulfill the guarantee. That's what a guarantee is. It's an uber-strong promise.

    Unfortunately I can't pay my mortgage with simulated pnls.

    If you can't guarantee 180% return, then how about getting an insurance policy? If your returns are robust, Lloyds or someone else will insure our contract on your behalf.
     
    #28     Apr 17, 2016
  9. Visaria

    Visaria

    This is sooo hilarious!!!
     
    #29     Apr 17, 2016
  10. botpro

    botpro

    I really don't understand your reasoning: I'm giving away a system with certain properties, free of any cost, and you still want some guarantee.
    Why don't you just test it yourself on paper by doing the maths, or an inhouse simulation using GBM+BSM?
     
    #30     Apr 17, 2016
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