Discussion in 'Automated Trading' started by bwolinsky, Dec 13, 2008.

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  1. Going back to this and using the trades list, I see a lot of 0.25% MAE, so a breakeven stop at 0.2% might help
    #21     Dec 15, 2008
  2. I bet this has been a real windfall for you at C2.
    #22     Dec 15, 2008
  3. To be honest, I think most are turned off by how vocal I am there, and they go for the 1,000,000% APR system 30 days out with 5% drawdown, you know?

    No one is looking for the steady disciplined trader. Just hot hands.

    <b>Furthermore</b>, you'd expect at least a thousand people to try it at a measley $7.50 per month, right?
    #23     Dec 15, 2008
  4. So much for that, it didn't even help.

    Any other thoughts?
    #24     Dec 15, 2008
  5. The PVAD score here:
    is based on Jack's concept of the p,v relation in the attached paper.

    I backtested it and found its performance to be poor. Then Hershey and his goons claimed it should only be applied to a prescreened "universe" of stocks, even though it says nothing about that in the paper.
    #25     Dec 15, 2008
  6. Good work bwolinsky, you called Jack Hershey on his game on his own terms, beat the stuffing out of the fourth or fifth attemp to code his pseudo-auto trading system, and showed everyone here what a real auto trading system looks like.

    I love how everytime Jack Hershey makes a move he steps-in-shit. :p

    Neoxx is a laughing stock and his boot camp is a bust.

    ScottD and the other so-called auto trading system developers have been made to look like fools.

    Ah, there is still a place for sanity around here. :)
    #26     Dec 15, 2008
  7. P.S. Hershey's concept on the last page of the paper of buying the "0 to 7 turn" and selling at the "4 to 3 turn" is broken because exits are few and far between so I tested this exiting after 1,2,3,4, and 5 days. The latter worked best but it still sucked.
    #27     Dec 15, 2008
  8. ... :D
    #28     Dec 15, 2008
  9. What did you use for commissions and slippage?
    #29     Dec 15, 2008
  10. 3 bucks per contract each side.
    #30     Dec 15, 2008
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