i have a solid system. i'm looking for help - collaboration to trade it.

Discussion in 'Options' started by rtw, Nov 22, 2018.

  1. rtw

    rtw

    folks, regards to everyone.



    thanks to months and years of hard work i have developed a number of robust and profitable trading systems. for the last few weeks i have been trying to trade them by hand but i, personally, have been the weakest link in my setup and my own biggest obstacle to profitability. i'm looking for help or collaboration with third parties in order to bring the execution of my system into line, which will lead to nice profits.



    i have been trading for some time now and i eventually fall into the same pitfalls.


    - i'm consistently very undisciplined, both in my trading habits and in my trading execution. i hate going to bed early and this makes it brutally difficult for me to get up on time in the morning and be ready to trade. i miss boatloads of nicely profitable trades because i just didn't get up in time. i'm also horrible at discretionary trading and every time i decide not to take a trade that my systems call for, i'm invariably wrong and end up missing out on nice gains ("this won't be bought any higher", "won't be sold any lower"... only for stupid instruments to proceed to be traded in the direction where my systems pointed to but i declared they wouldn't be). i have been living by myself for almost two decades now, i have also been working from home for a long time and i haven't found a way to discipline myself when i don't really respond to anyone. there are no consequences if i'm working for all market hours or not, and there are no consequences either whether i follow my systems or not. i'm really disciplined for other matters (i'm in great shape with washboard abdominals) or when it comes to anything that involves other people, all my payments are made like clockwork, i have zero debt. i work really long hours during the evenings and nights developing and evaluating my systems but that will never compensate for not executing them during market hours as i should. i have also been overwhelmed lately with performing all the tasks required to run a household by myself for so long. we all know what goes into that list; doing the laundry, general cleaning, cooking, running all errands, making payments, buying groceries and i don't own an automobile either, so for the last two years i have been commuting by bicycle and that also adds to the toll.


    - i have also faced technological problems. for example, the laptop where i do all my work - trading broke down in april of this year, right in the middle of earnings season. it was a major problem and it took me more than a week plus a couple of trips out of town to be able to get everything fixed and trade again. the internet connection where i live is also unreliable and i have had recurrent issues with it, from having issues placing orders to not having data at all.



    i'm looking for third parties to help me execute my system the way it should be. i'm not interested in selling my indicators or strategies because that would only generate a one time income and what i want is to expand my capital several times over. what i have in mind would be something like selling the signals for entries and exits for a weekly payment or percentage of the profits made. i might be open to consider other arrangements and would gladly take any advice or suggestions, but i definitely need to make changes because i have managed to develop systems that would deliver outstanding profits but i'm excruciatingly failing to execute them. i will see if there are any interesting responses here and if not i will consider other alternatives that i know would make a big difference towards solving my problem. i have given some thought to the idea of hiring an intern that would just supervise my laptop and pull the trigger following my systems' signals because i know for sure that i would watch anyone else trading my systems like a hawk. please send me a private message with your qualifications if interested and i will reply with further information, like a list with the last 20 trades the system i intend to trade would have placed on a symbol like aapl.



    very well, thanks, regards.
     
    shatteredx likes this.
  2. Palindrome

    Palindrome

    with all do respect, your pitch is way to long.

    Quick intro, 3 bullet points, Quick outro... and see if you get any bites.
     
  3. fan27

    fan27

    Why not just hire a programmer and automate your strategies?
     
    tommcginnis and d08 like this.
  4. Metamega

    Metamega

    Bad sales pitch.

    Your bullet points were

    1. I’m lazy
    2. I’m unreliable

    I’d try again
     
  5. rtw

    rtw


    the strategy i'm interested in executing typically places between zero and two trades per symbol per week. it also requires small discretionary adjustments after big gaps in price, so it wouldn't be the most conducive strategy to try and automate.


    also, i have some experience coding on tradestation and ninjatrader but as far as i know it is impossible to execute automated strategies on options. i can't think of how the strategy could determine the strike prices of the instruments to buy as they change all the time and couldn't be coded into the strategy. it wouldn't be advisable to use market orders to buy or sell options either. in the end, what i have learned is that the best method is to trade very simple strategies manually as the platforms are not really reliable to trust them with real money (i have an extensive post in this forum about the uselessness of tradestation's automated trading, check it out).
     
  6. rtw

    rtw


    jaja. hilarious.

    today was a market holiday. i used it to wash and wd-40 my bicycle by hand, cook and to create this post at 2100 hours. so much for laziness.

    i have developed some winning systems and will make the necessary adjustments to overcome the obstacles that are keeping me from executing them profitably. ¿what about you? ¿what similar accomplishments can you share with us?
     
  7. post your entries and exits on a chart and we`ll see.i can post mine.
     
  8. rtw

    rtw

    for illustrative purposes, here is a sample of the trades my system would have taken on the qqq etf since the last week of september. it's important to note that qqq, and all other instruments that follow indices, would be the worst to trade as they are the least volatile and also suffer from a lot of gaps that lead to nowhere because of the futures overnight action. individual symbols are much better and deliver superior results.




    # 1
    downtrend start


    9:35 24-09-2018

    qqq 182.5



    downtrend end

    11:25 25-09-2018

    qqq 183.8



    #2
    uptrend start


    12:15 25-09-2018

    qqq 184.1



    uptrend end

    14:05 28-09-2018

    qqq 185.3



    #3
    uptrend start


    9:40 01-10-2018

    qqq 187



    uptrend end

    9:45 02-10-2018

    qqq 186.1




    #4
    uptrend start


    11:05 02-10-2018

    qqq 187



    uptrend end

    9:45 02-10-2018

    qqq 186.1




    #5
    downtrend start


    9:30 03-10-2018

    qqq 186.5



    downtrend end

    10:05 03-10-2018

    qqq 186.8




    #6
    uptrend start


    12:30 03-10-2018

    qqq 186.6



    uptrend end

    15:05 03-10-2018

    qqq 186.1





    #7
    downtrend start


    15:25 03-10-2018

    qqq 185.7



    downtrend end

    11:05 09-10-2018

    qqq 180.8




    #8
    downtrend start


    10:10 10-10-2018

    qqq 177



    downtrend end

    15:00 12-10-2018

    qqq 173.4





    #9
    uptrend start


    13:40 15-10-2018

    qqq 174



    uptrend end

    11:10 18-10-2018

    qqq 175.45




    #10
    downtrend start


    12:05 18-10-2018

    qqq 173.7



    downtrend end

    13:00 22-10-2018

    qqq 174.5




    #11
    downtrend start


    9:30 23-10-2018

    qqq 170.7



    downtrend end

    15:45 23-10-2018

    qqq 173.3





    #12
    downtrend start


    10:25 24-10-2018

    qqq 171.8



    downtrend end

    14:25 25-10-2018

    qqq 171.1





    #13
    downtrend start


    10:10 26-10-2018

    qqq 165.5



    downtrend end

    9:30 31-10-2018

    qqq 168.5




    #14
    uptrend start


    10:25 31-10-2018

    qqq 170.45



    uptrend end

    12:10 02-11-2018

    qqq 169.5




    #15
    downtrend start


    15:05 02-11-2018

    qqq 169.2



    downtrend end

    9:40 06-11-2018

    qqq 170.9




    #16
    uptrend start


    10:45 06-11-2018

    qqq 170.4



    uptrend end

    9:45 06-11-2018

    qqq 172.3





    #17
    downtrend start


    11:20 09-11-2018

    qqq 171.6



    downtrend end

    14:00 15-11-2018

    qqq 167.7






    #18
    uptrend start


    15:00 15-11-2018

    qqq 167.6



    uptrend end

    10:00 19-11-2018

    qqq 164.5






    #19
    downtrend start

    10:35 19-11-2018

    qqq 164.3



    downtrend end

    12:40 21-11-2018

    qqq 161.5
     
  9. WeToddDid2

    WeToddDid2

    Learn to code or you are not trying hard enough.

    "Uptrend"/"Downtrend"? What in the hell does that even mean? Can you quantify it?

    Math PHDs and physicists that are coders are your competition. Are you even making an attempt to compete?
     
    Last edited: Nov 23, 2018
  10. Hire someone to trade for you
     
    #10     Nov 23, 2018