This Forum overtrades options

Discussion in 'Options' started by bwolinsky, Nov 9, 2011.

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  1. Well, their phone number doesn't work either. Heck I don't know what happened to them.
     
    #401     Nov 25, 2011
  2. Stay classy, Beau.
     
    #402     Nov 25, 2011
  3. Good lord, you're a real piece of work, aren't you?

    I went to the #1 liberal arts school for my undergrad and I am telling you that the above is such a ridiculous load of utter bullsh1t, it's not even funny. As I have asked you time and time again, pls stop spouting nonsense, as it's painful to read.
     
    #403     Nov 26, 2011
  4. ammo

    ammo

    bo, myself,martin, atti,anyone else giving you flak ,were all kids once, young and dumb and full of cumfidence,your hiway deal a good example,showing off to your friend being the big man,go ahead and have your day,be as bo as you want,just remember that your ego is pulling you around by the nose and will make a fool out of you,be careful to sort thru your own b.s. so you don't mislead yourself,college and h.s. are behind you,time to be bo the man and leave bo the boy in the past,we all have to go or went thru it
     
    #404     Nov 26, 2011
  5. As far as backtests and reality the failure is due to technology, not my processes.

    For instance, yesterday our model sold ZC short at 587 but in reality the trailing stops we use in Multicharts activate at $45 per contract thresholds, then we have a give back of 30%. The fill on the entry was the same but the fill in reality didn't happen at 582.50 as predicted but happened much sooner at 586.

    I'll have to wait to get my dongle for Sentinel, but as far as that goes my model's don't work, but I'm sure what I'll be using will.

    We've not had profitable results because the model sells its trail stop out much sooner than the backtest shows, but there was a setting called look-inside-bar backtesting I tried to use but it doesn't work.

    Multicharts has 5 problems for me:

    1) Dom Windows do not open at either IB or PFG Best
    2) Trailing stops are not programmed correctly so we can't build scalable backtests that show the effects of what happens whenever we add contracts.
    3) Multicharts does not save any of my programs. Very odd but the first problem I discovered when I did a bunch of work just to shut down the program and find that my work did not save, and, yes, I hit save several times, but it doesn't work.
    4) Look inside bar backtesting doesn't work and it should if you have a tick file database.
    5) You have to contact support in the morning when their easylanguage support group is there, otherwise you'll get someone who will just ask you for your code and give a response as soon as somebody else figures out a solution.

    I think 1, 2, 3,4 are software issues that I can't do anything about.

    So, yeah, my CTA will probably report a losing month its first month because of these flaws in Multicharts.
     
    #405     Nov 26, 2011
  6. Which school is that and is it also rated by Newsweek? Because I get the sense you aren't being truthful, or don't understand what was meant by top 50.

    You could look at the list for number 1 by newsweek, but I doubt you actually went there.
     
    #406     Nov 26, 2011
  7. newwurldmn

    newwurldmn

    With the level of "mathematics" you talk about here, these technical problems should be solvable by yourself (either by programming your own "Multicharts" or finding work arounds).
     
    #407     Nov 26, 2011
  8. When I sim-traded before starting we used intrabar order generation but this leads to overtrading and is not a solution, also could lead to double fills.

    Work-arounds involve removing trail stops, but they are the key to getting robust results so if I wanted to go to stops and targets of the close of the bar after entry I already know this is ineffective because I've tested it but I might still let FuturesTruth or Attain Capital track those versions once I've optimized them in tradestation.
     
    #409     Nov 26, 2011
  9. Eh, not really relevant and I'm not sure why you'd post that.

    How about these:

    1)Cold Fusion cores that emit energy as a virtual sun where energy can be absorbed by solar collectors from man made fusion processes.

    2) 32 digit triple layer hexadecimal encryption to replace monetary instruments like credit cards, cash, or checks with payments called "Productivity Credits" that provide separation economically between governments and private citizens.
     
    #410     Nov 26, 2011
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