When to Stop a Trading System

Discussion in 'Automated Trading' started by SimpleMeLike, Nov 13, 2022.

  1. Hello TrAndy2022,

    https://www.worldcupadvisor.com/#advisors

    I did not buy this. I really like them, but cost is too much per month. I like Marek Chrastina and Marco Vironda Gambin systems. I personally talk to Marek. Nice gentleman. Marek won the world trading algo championship like 3 times.

    These systems are my ES and NQ algos I built myself and will run to make money.
     
    #51     Nov 15, 2022
  2. Hello rb7,

    Thanks for the response. Yes, this is just backtest.

    I will be running the systems beginning of the year 2023. Lol, No I am the very last person to be bragging man. I have nothing to brag about. Just trying to get educated from my peers.

    Good points you mentioned.
     
    #52     Nov 15, 2022
  3. ab_trader

    ab_trader

    Let me try, may be you like one of the options:

    * run monte carlo analysis, define the worst case equity curve and stop when you hit it. can be better than to 2-2.5x drawdown (seems arbitrary)
    * if live drawdown duration is longer than drawdown max duration from the test
    * if live series of losers is longer than the series of losers from the test
     
    #53     Nov 16, 2022
    SimpleMeLike likes this.
  4. Good Evening ab_trader,

    Thank you so much for the response.

    Very wise response. Yes, I agree 2-2.5 times historical test drawdown was just a guess I used.

    Your response is very logical and makes good practical sense. I will write in my notes. Thank you!!
     
    #54     Nov 16, 2022