Alpari Systematic
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 08:49
Anyone have any experience with Alpari systematic?
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 09:28
I registered for a demo, slapped the first 7 on that is supposed to be making money and set them all to 1%. So in theory it shouldn't use more than 7% of the equity. Now we see....
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 10:13
Apparently this is going to be my equity curve:
<a href='https://www.myfxbook.com/files/Elkart/Graph.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph.png'/></a>
<a href='https://www.myfxbook.com/files/Elkart/Graph.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph.png'/></a>
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 10:54
You know what, I didn't like that equity curve, so this is going to be my new equity curve:
<a href='https://www.myfxbook.com/files/Elkart/Graph_H8.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph_H8.png'/></a>
<a href='https://www.myfxbook.com/files/Elkart/Graph_H8.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph_H8.png'/></a>
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 11:29
So this is the plan, I'll go get some money on a rig, put it into Systematic, go to China and go practice Kung Fu with the wise Shaolin monks in the mountains for two years, then when I get back I'll be rich, fit and dangerous!!
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 11:39
If only it were that easy 😀
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 11:52
Isch, so many choices, I think I like this one best:
<a href='https://www.myfxbook.com/files/Elkart/Graph_xP.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph_xP.png'/></a>
Let's see from 10k to 300k in 12 months, so that's 3000% for the year, not bad for a few mouse clicks.
<a href='https://www.myfxbook.com/files/Elkart/Graph_xP.png' target='_blank'><img src='https://www.myfxbook.com/files/Elkart/Graph_xP.png'/></a>
Let's see from 10k to 300k in 12 months, so that's 3000% for the year, not bad for a few mouse clicks.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 11:54
(edited Jun 26, 2010 at 11:56)
I have no idea actually. I loaded the thing and now we see, but I'll be buggered if I'm going to put down $10 000 for real.
Thousand maybe, but not $10k. And then Alpari is fibbing about the results to. Minimum trade size is 0.1 lots. On $2.5k account that will wipe you out in an afternoon.
But I can't find any comments on the web about this systematic. Nobody is really talking about it, I don't know if that's a good or bad thing...
Thousand maybe, but not $10k. And then Alpari is fibbing about the results to. Minimum trade size is 0.1 lots. On $2.5k account that will wipe you out in an afternoon.
But I can't find any comments on the web about this systematic. Nobody is really talking about it, I don't know if that's a good or bad thing...
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 12:05
(edited Jun 26, 2010 at 12:10)
Alpari UK has funky price action. A trader on FF has shown some charts when it has happened and he has had to email them on several occasions to have his trades fixed up and put back as they were except they forgot to implement his original trailing stops or inform him when they reinitiated his trades so he ended up in loss. You'd have to keep your eye on them while learning kung fu. Hopefully you can multi-task.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 12:26
(edited Jun 26, 2010 at 12:32)
No internet in the mountains!! Kung Fu is for girls!! Rather go Muah Thai in Thailand then. Half those fights end up with a knock out, that is where I saw the power of Tiger Balm the first time, one dash on the temple and said unconscious person is miraculously rendered conscious again...
This kind of thing is impossible to monitor anyway.
Can't say I have much faith in it...although I do know from bitter experience systems work for a while then fail, no ways I can produce this volume of work, so maybe that becomes the job then, select the right system for the right pair for the right market conditions...if one fails between 10 systems it won't have to much impact...
This kind of thing is impossible to monitor anyway.
Can't say I have much faith in it...although I do know from bitter experience systems work for a while then fail, no ways I can produce this volume of work, so maybe that becomes the job then, select the right system for the right pair for the right market conditions...if one fails between 10 systems it won't have to much impact...
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 12:40
Elkart posted:
Kung Fu is for girls!!
Well I am a girl and very disappointed that my mother took me out of Kung Fu classes when I was a youngster stating that 'it wasn't feminine'. Little did she know that I would come and live in London and, at times, it would have come in handy 😈
I don't trust any system. I'm more than capable of losing my own money 😁 A friend said to me a few weeks back to have a look at these sites. Check out https://www.fxcm.co.uk/forex-system-selector.jsp. Here is the list of performers https://fxcm.fx-performance.com/Performance.aspx#PagePerformance
There is another plat that does it as well - FXDD - collects systems and then filters them onto FXCM and FXDD https://www.tradency.com/EN/default.aspx.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 12:54
(edited Jun 26, 2010 at 12:55)
Yes, it's the same thing alpari is offering, this is the site: https://www.tradency.com
I don't know, one feels so out of control, but there's no denying the diversification and sheer volume of work that you have access to, I'd do it on a macro account no problem, but no way in hell I'm putting down 10k.
I just took the 15 best systems and slapped them on, and in theory my equity curve will look like the one above.
I don't know, one feels so out of control, but there's no denying the diversification and sheer volume of work that you have access to, I'd do it on a macro account no problem, but no way in hell I'm putting down 10k.
I just took the 15 best systems and slapped them on, and in theory my equity curve will look like the one above.
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 13:02
Oh, sorry, I should have checked. I just saw Alpari and thought don't think so. I downloaded all the performance records from the FXCM site into Excel, sorted the data into performers and was adding up each performer's stats. There are some serious losses. They may have one or two winning strategies but their losing strategies far outweighed the winning ones. I gave up after adding up about 20 or so performer's stats - I think one may have been profitable overall. You'd have to be very choosey about which strategy you wanted in on. I think I'll stick to my own manual trading because, after all, you have no one to blame but yourself.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 13:04
Well, I just went from pair to pair, and took the top strategy. Which ever made the most on that pair. Some pairs I added more than one strategy.
I don't know, doesn't really matter, unless it's a macro account I'm not doing it anyway. I'll put down a little bit on a long shot, but no ways I'm putting down thousands....
I don't know, doesn't really matter, unless it's a macro account I'm not doing it anyway. I'll put down a little bit on a long shot, but no ways I'm putting down thousands....
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 13:26
There's actually such a conflict of interest here.
I have high turnover systems that work for months at a time but I know for a fact they fail. The providers will basically take any EA, so if they can convince enough hapless victims to use my systems I'll coin it knowing full well it will come and nuke the account later.
It's a wondrous thing how this just accepted as the norm in the fx business. Any other industry it be fraud and theft and people get sued stupid. Not in fx....
I have high turnover systems that work for months at a time but I know for a fact they fail. The providers will basically take any EA, so if they can convince enough hapless victims to use my systems I'll coin it knowing full well it will come and nuke the account later.
It's a wondrous thing how this just accepted as the norm in the fx business. Any other industry it be fraud and theft and people get sued stupid. Not in fx....
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 13:30
(edited Jun 26, 2010 at 13:33)
As I said somewhere else on this forum, time operated (whether it be account or strategy) is the most important criteria for me with percentage gains a second factor. The strategy may have been profitable for six months but we all know that with a change in the market the next six months could be devastating with the strategy no longer performing. It's a long shot.
Oh, while I was typing this post, you just posted exactly what I was trying to say.
Oh, while I was typing this post, you just posted exactly what I was trying to say.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 26, 2010 at 14:09
There's also the other side where you have someone like our Stevetrade here who actually really believes his system works submitting a system.
forex_trader_1819
Member Since Oct 18, 2009
230 posts
Jun 26, 2010 at 15:10
I'm out of my depth with all this robot/EA stuff. I need to see real returns traded on real accounts with real money in real time. Call it old fashioned. Backtests don't impress me no matter what percentage gains they have.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 28, 2010 at 05:35
I love the way I wake up and have two trades open, I go have a cup of coffee and now they've disappeared. So now I have no idea if it did open the trades or not....what a load of crock.
forex_trader_7
Member Since Aug 01, 2009
941 posts
Jun 28, 2010 at 06:41
And now the server is unavailable.....chaaaaarming. Nice going Trandency. So much for that plan.
