Well...I guess part of the problem here is that you really have no idea what you are talking about....and clearly you have no idea what we do. Cyborg is a trade management tool....that is combined with DISCRETIONARY trading...it's NOT a black-box trading system. Unfortunately I'm not a mind reader...so it would be impossible for me, or anyone else to know when/how you use a Cyborg strategy...
Your system does not work at anything less than a daily level, because the "magic number" that represents a deviation large enough away from fair value to exploit is not sufficiently large enough to overcome situations where it keeps trending against you. Pairs trades are not intraday scalps. They are daily scale swing trades. And you want to use perfectly negatively correlated pairs, not spy and sso, but sds and sso, likewise for QID and QLD. See my thread if you want a more in depth explanation. Pairs Trading QID QLD Scalper is the best pairs trading system in the world, with the following results at 96% of equity from QID and QLD's inception 6/16/2006: Long + Short Starting Capital $100,000.00 Ending Capital $637,853.61 Net Profit $537,853.61 Net Profit % 537.85% Annualized Gain % 77.71% Exposure 24.06% Cash Interest $0.00 Margin Loan Interest $0.00 Total Commission ($1,240.00) DividendsPaid $0.00 Number of Trades 78 Avg Profit/Loss $6,895.56 Avg Profit/Loss % 2.56% Avg Bars Held 2.62 Winning Trades 58 Winning % 74.36% Gross Profit $902,221.06 Avg Profit $15,555.54 Avg Profit % 4.74% Avg Bars Held 2.79 Max Consecutive 9 Losing Trades 20 Losing % 25.64% Gross Loss ($364,367.44) Avg Loss ($18,218.37) Avg Loss % -3.76% Avg Bars Held 2.1 Max Consecutive 4 Max Drawdown ($125,159.69) Max Drawdown Date 8/17/2009 Max Drawdown % -17.45% Max Drawdown % Date 8/17/2009 Wealth-Lab Score 266.6894 RAR 323.063 Profit Factor 2.4761 Recovery Factor 4.2973 Payoff Ratio 1.2596 Sharpe Ratio 2.0187 Ulcer Index 5.0002 WL Error Term 6.213 WL Reward Ratio 12.5084 Luck Coefficient 3.4036 Pessimistic Rate of Return 2.5933 Equity Drop Ratio 0.0438 Feel free to post your results if you want a side by side comparison.
Well this system is designed to work at a daily level (milliseconds). Get in and out as fast as possible.... And yes...perfectly correlated pairs (or inverse)...is obviously best....I was just giving some examples of highly correlated pairs. Does that change your opinion of it?
caught you in a lie Cyborg is used for testing back and forward and every little detail ends up in Cyborg main server Here is email from BEN _______________________ My name is Ben, I am your first point of contact at Cyborg Trading. With Cyborg Groups you can shares strategies at your discretion either publicly or privately. _______________________ and you expect people to believe that sharing with Cyborg mother server is not being done you'll find real traders to be smarter than average buddy you are new you don't know that yet
If you don't want to share a strategy, thats up to you....All strategies are stored on your local HD, so in the end if you are paranoid about anyone seeing your risk management strategies then don't share it... But your still missing the point. Even if I could see your Trade management strategy it's USELESS to me or any other trader... It's only one small piece of a trading strategy, and you can use a risk management strategy in a million different ways. It's almost like giving someone a key, without telling them which door it'll open.
NO you are missing the point and I will spell it out for you I DO NOT TRUST YOU AND YOUR WORDS why do you even have built in sharing what ? you think real traders are share loving bunch ? you make me laugh good luck going over the collected code of Noobs (your only customers), it will get you nowhere I'll help your business out, here's a tip, REAL trader's main concern is security make them really think security is tight and you'll be able to get a real trader to spy on See I just helped you a lot
Well...lotsa other programs have the ability to share strategies. Trade-Ideas for instance has something called collaboration....Some traders like working together as a team...maybe you've never worked in that kind of trading environment before.
you are by no means the first one collecting information on traders I always find it fascinating how people like you (software jockeys) assume you'll get good strategy by sheer numbers you always underestimate successful traders if they are smart enough to outsmart Goldman and others in ES and other futures markets why would they fall into a simple trap some software jockey set up for them don't underestimate a successful trader in today's market good luck
you either a) trade extremely highly correlated pairs and get eaten by commission and slippage on the retail side or b) you trade highly correlated pairs and generally make money but still run the risk the pair completely blows out. BUT there is nothing such as "no risk" "almost no risk" , "strategy can't lose" such as what you claim. I think you should advertise your services in a slightly more prudent and professional way...to say the least...
absolutely right. And no co-located solution will change that as long as you pay any kind of retail commission. I agree I find such comments by Cyborg pretty unethical and borderline to snake oil techniques.