What's the deal with all the talk about Mexicans? There's nothing wrong with amigos selling fruits at major intersections... They're only trying to pay their bills...
I guess it's a bit unfair for Frosty, for me to play around in his thread... So I'll try to get things back into perspective by having Frosty answer these questions... (This is a question to Frosty, not anyone else. Also, don't bother adding more questions by narrowing the his mindset down...) Frosty, if you're not comfortable answering the #d questions don't bother, answer as much as you can. But please try to emphasize on the lettered questions below: 1. How far can you reveal about your methods? More-so, how comfortable are you with letting go of what you do now so that you can develop something better the next time around? 2. What risk-metric (statistical tests... system performance measures) did you use to assess your current model? What were those results? 3. Using variables like Xs and Ys... (I wrote an example a while back) Can you explain to us the steps you took to develop this model of yours? ... From here it'll be a subjective question for you. From my perspective this is more important...: A. Define what a good system is for you. B. Define robustness. How do you approach this objectively? C. How do you define risk? Then how is one to manage risk? D. Are you able to trade profitably trading discretion? If you have experience with discretionary trading, how did that work out? E. Final question. Why is your preferred trading style, systematic trading? There must be a reason you picked and why (or why you believe) systematic trading is profitable for you.
My guess is not going to be too good for today. The reason for the guess is 1) Bigger than average daily range today 2) Good 2-sided trades today (Long in the morning, short in the afternoon, then long again)
Let's place bets on Frost's bot daily performance. That way, we don't need to bother with our own bots to make money.
Odds are the following: $0 - +$500: 2.00 +$500 - +$1K: 2.50 +$1001 - +$10K: 7.00 -$1 - -$250: 1.50 -$250 - -$500: 1.50 -$500 - -10K: 1.50 Please post if anyone with better odds!