Obtaining Trading Capital

Discussion in 'Professional Trading' started by funky, Jan 8, 2005.

  1. That's quite an improvement from your first post, where you had a 4% drawdown.

    M
     
    #61     Jan 10, 2005
  2. Sounds like a homebrew faux-MM system. Be very very careful, such systems coming online right now are grossly overfit and will get slaughtered now that volatility has run out of room for signficant declines.
     
    #62     Jan 10, 2005
  3. funky

    funky

    nope, guess again :)
     
    #63     Jan 10, 2005
  4. funky

    funky

    do you mean why does the last image show 1321, while the others had more trades? because the last image was a slightly different system, that gave fewer trades :)
     
    #64     Jan 10, 2005
  5. There are only two things intraday blackboxes can do: fade ST breakouts, or take them. Both are dependent on the "right" macro volatilty regime, which we've had, but is now coming to an end. There are chat boards loaded with guys trying to trade blackboxes just like the one you describe, it's neither a secret nor particularly original.

    You are curvefit.

    Good luck.
     
    #65     Jan 10, 2005
  6. looks very promising.....but what about the other stats ?
    Sharpe & Sortino ratio important as is VAMI.
    These stats are shown in most of the hedge fund databases.
     
    #66     Jan 10, 2005
  7. lescor

    lescor

    Wrong, way wrong. Are you familiar with arbitrage?
     
    #67     Jan 10, 2005
  8. bondgirl

    bondgirl

    #68     Jan 10, 2005
  9. Of course, and under the scenario in question it is nothing more than the trading of a breakout against a fade. There are no derivatives involved in what the OP is describing, this is as vanilla as it gets.
     
    #69     Jan 10, 2005
  10. lescor

    lescor

    I was just responding to a blanket statement that sounded wrong, not commenting on the system being described in this thread. You said all black box systems either go with breakouts or fade them and that they depend on volatility. If I buy stock on one market and sell it on another for a 1 cent profit, is there a breakout somewhere?

    Sorry if I mis-interpreted what you were saying.
     
    #70     Jan 10, 2005