Offering auto-trading long-only options system "sys13"

Discussion in 'Trading' started by botpro, Jan 20, 2016.

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  1. botpro

    botpro

    My system has the power to crash all the world markets if its inner working gets disclosed... :)
     
    #81     Jan 22, 2016
  2. dartmus

    dartmus

    botpro u have to learn to read. U do not have the algos that create the real data. If you don't use real data u will never reverse engineer the real algos. At best you will create something that's aware of how the simulated data generator algo is constructed.

    SMH!
     
    #82     Jan 22, 2016
  3. Chubbly

    Chubbly

    Post a backtest of actual market data going back 10-20 years min
     
    #83     Jan 22, 2016
    dartmus likes this.
  4. botpro

    botpro

    Ok, it seems you know of something secret to all of us. I was simply thinking that the real prices are driven by supply and demand, maybe too old-fashioned this thought of mine, is it?
    Come on and enlighten us please with your insight about your "algos that create the real data".
    (I'm afraid some esoteric stuff will follow...)

    BTW, so, the secret (or not) knowledge of which you talk, has it helped you so far at all?
    Can I add your algorithm into the program? :)

    Ah, I forgot: I believe in simulated reality and the many worlds interpretation of quantum mechanics, ie. multiverses :)
     
    Last edited: Jan 23, 2016
    #84     Jan 23, 2016
  5. botpro

    botpro

    Why not 40, or 80 years? Useless comments.
     
    #85     Jan 23, 2016
    VPhantom likes this.
  6. Chubbly

    Chubbly

    So are you going to post a backtest of actual market data or not?

    I assume you won't because it will fail
     
    #86     Jan 23, 2016
    dartmus likes this.
  7. botpro

    botpro

    From my side there is no interest in this, because it's useless and time consuming.
    But I made the offer that the user can feed the system remotely with data (historic real data, or simulated or whatever).
    Are you interessted?
     
    #87     Jan 23, 2016
  8. If everyone is entitled to have an opinion, here is mine.

    I guess, based on the information provided so far, the system has been tested with actual data. That's why offering it to the public for sale.

    Limitations such as no more than $600k initial fund - perhaps a liquidity issue, also 50 but no more than 50 stocks - perhaps trying to reduce MaxDD, returning 1,000% based on compounding, update now with a revised MaxDD of -10% (almost 3 times of -3%), guarantee 100% returns however without mentioning MaxDD could be potentially 30% (or even up to 90% if 3 times), etc. That could be why only trading 50% of AV (account value?) .

    The 1,000% may have never be possibly realised through compounding, due to the $600k and 50 stocks liquidity limitations.

    Using only limit orders for auto-trading options could be another issues. Generating limit orders without actual data would be quite interesting as well.

    Could provide more comments for this serious business proposition, if some very basic/common statistics for system performance can be supplied. As much detail as the computerised/computational system has been described/supplied!

    Just 2 cents!

     
    Last edited: Jan 23, 2016
    #88     Jan 23, 2016
    dartmus and VPhantom like this.
  9. botpro

    botpro

    Thx for the analysis, but some minor corrections from my side:
    - $600k is the Initial Account Value (AV), as can be seen in the XLS, AV rises upto 6m or so to make up the ~1000%. The whole AV is used if possible; in reality it's mostly only 1/3 to 1/2 of it.
    - it is tested with simulated data only so far, because that is the easiest/fastest method.
    - the 50 stock limit is because my machine cannot handle more in a reasonable time because it is only a middleclass computer (4x2500 MHz), though RAM and SSD is more than enough.
    (but in real life trading more than 50 will be hard to trade too because the system should trade only the most liquid titles with much volume, OI etc.)
    - The above set limitations make it also clear that the system cannot give the same percentual result for an initial account of say 100m, because big amounts are not that easy to trade, especially not in the way this system trades.
    - The so far posted 6 results (=6 years) are each independent of each other, ie. each has its own MDD etc.
    So, I dont understand why 30% and even 90% is mentioned. The highest MDD was about 10% I think.
    Another important limit is the position size: it starts with $15k and goes upto $25k only,
    because a bigger order could negatively impact the price.

    I would suggest to open the XLS and mark a column then klick on the Chart button...
     
    Last edited: Jan 23, 2016
    #89     Jan 23, 2016
  10. #90     Jan 23, 2016
    dartmus likes this.
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