I don't know whether your intent was facetious, but I can assure you that my words were quite honest. I just wanted to make sure that the poster who nominated me understood that I have almost zero practical knowledge and taking anything I say as anything but amateur opinion would be like having the blind lead the blind. I certainly don't want people stumbling upon this thread, seeing my name, reading anything I have to say, and considering it to come from the mouth of experience and knowledge. It certainly doesn't. Best to all, Corey
I shouldn't be included as a mechanical trader since I've never traded that way. I've done research to create "straw men" trading models. Then I've traded against the models using my market knowledge. Anybody that's traded on a desk knows you don't dare trade mechanically for someone else. Intellectual property rights are almost always part of a trading contract. Nobody wants to take your research for fear of losing a good trader. However if you just entered trades as a model indicated, you can be sure your employer would try to sue to disclose the models when you depart the firm. Good to see you're still around MAN. Hope all is going well.
More confusing, given the odd coincidence that I generally only post in the Automated and Strategy Trading forums... But certainly funny nonetheless. Cheers, Corey
well. yes and no on side of intellectual property. i think that all our systems can easily be changed to have different entry points. and the only problem are competition exclusions. if you trade for yourself, that ain't a problem either. but i see your point and i've never worked for a wall street firm ... so, you know better. i am not satisfied with how i am doing. trading a sharpe of 1 on a USDm25 account ... and i am asking myself at least once a month what the real edge was that you had. in the meanwhile i am quite convinced it was NOT the edge test. i think it does not indemnify you against fitting. at the moment i believe it was your preselection via correlations that made the difference. thus, you found something in the universe of ALL datapoints and started from there. sorry, could not resist touching this ... glad to see you back. it feels like a rockstar is reentering the stage. funny. i hope - though - you don't trade too much ... remembering one post of yours ...