Delusions Grandiose !! (Od forex_trader_28881)

Používateľ odstránil tento systém.

Delusions Grandiose !! Diskusia

Feb 14, 2011 at 02:18
21,381 Zobrazení
496 Replies
Členom od Nov 18, 2009   735 príspevkov
Mar 11, 2011 at 20:39
Hmm, 1788 pips in less than a fortnight ... Elkart, honestly, have you cracked into Edward's DOS box? 😄
Seriously, this is very impressive - consider sharing some of your knowledge please.
Are you managing OPM by the way??
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 12, 2011 at 05:55 (upravené Mar 12, 2011 at 06:13)
Speki,

The knowledge belongs to the team, so unfortunately I can't divulge anything. A decade's work you see in action here.

OPM...

We are playing with fxmanager at Oanda at the moment, so we will take on some clients. The trading is all automated as well via API. But we're not ready for that by a long shot.

I did this to give Bruce a smack over at Oanda, he is mistakenly under the impression he is a trading god so I had to do a little demonstration to put his level of expertise into perspective for him. Not that I think it will sink in really. As far as he is concerned he is the best trader in the world. I think he is one of the worst I've seen.

https://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic;f=16;t=012691;p=76

So yeah, soon as we set up some IBC's we'll slowly edge into the whole client thing, but we've been focusing on the developing and haven't really sat down to talk about taking on clients.

With server costs and API fee this is $850 a month, so were rushing to get the system side up and running, that's the main focus at this point.

TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 12, 2011 at 05:56
How did you know it was me by the way?
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 12, 2011 at 07:14
And then obviously we can't take American clients, compliments of their government.
Členom od Nov 18, 2009   735 príspevkov
Mar 12, 2011 at 08:06
There was a quote from you on the thread the other day - 'spread the love man, spread the love' - and if you follow the link, you'll see your posts about your books, and so on. Very nice, from what I've read about it.

Anyway, I just stopped by to say great results - have a nice weekend and spread the love man 😉

TheCyclist posted:
    How did you know it was me by the way?
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Nov 18, 2009   735 príspevkov
Mar 16, 2011 at 12:40
Well I had a crazy mathematician friend look at your numbers and he extracted the following information:

The high symmetry of winners/losers in the Duration chart suggests that it's automated and orders are opened/closed in pairs, at the same time.

It seems that it's always EURUSD long + GBPUSD short or EURUSD short + GBPUSD long at the same time.
Positions are often closed it they show ~1 % profit (long + short together). Holding times vary, and the trade logic probably adds more in the same direction until the profit targets are reached.

Sometimes it sits in bigger DDs than the average wins/losses ... like that EURUSD long which was closed 03/11/2011 16:10 after 2 days and 8 hours - an IBFX chart shows it must have been in ~160 pips DD, but then again, it's important to look at pairs of trades and the GBPUSD short which accompanied this trade, made up for the losses nicely - guess what, 1% profit banked.

All in all, it's very impressive so far. Let's wait for more numbers ...

Now there is one question I have - why are you blowing $850 a month on Oanda API if the algo you've developed seems to work with MT4?

Very good going, keep it up!
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 13:21
This is manual. No algo's here. Hence why all the trades are together. This is when I walk past my computer. Adjust both and carry on with life.

I always have both as that does mean I am at least partially hedged.

The API stuff is far more sophisticated. I just can't do that volume of work.

I don't look at DD on trades as such as only the NAV values matter. Not worried about the rest. I'm a positional trader, just work with the overall portfolio.

The percentage banked is most probably me, cause I'm not going to bank if it's isn't worth it, and 1% looks worth it to me, I guess. And of course with the gaps in between there tends to be bigger differences when I look.

The API I'm doing for compounding and precision. I can get to within $2 of my targets where on a standard account on MT that be within $2000 of my target. Whole different ball game entirely.

TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 13:25 (upravené Mar 16, 2011 at 13:40)
Speki,

This is pretty much random stuff hey.

It's sole purpose was to show our self appointed trading god that he isn't so much of a god. More like a kid on a tricycle telling Lance Armstrong he is a champion.

TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 13:54 (upravené Mar 16, 2011 at 13:57)
I have systems that will put down up to 20 000 to 40 000 trades per pair per day on 0.

For every 1 trade you can do on a standard account on MT you can do 1000 on Oanda, and it's not linear, the change is exponential as there is more opportunities for a $2 change on O than there is to do a $2000 on MT4.

I'll go as far to say as anybody who takes fx serious enough to become a professional fund manager will ditch MT4 as it is inadequate for the task. I'd rather spend the $850 get the right tool for the job.
Členom od Nov 18, 2009   735 príspevkov
Mar 16, 2011 at 14:15
I see. Sounds reasonable. Nevertheless, I once spoke to a quant trader who was busted by Dukascopy on HF trading. Once he started making big fat profits, they made it impossible for him to trade that way - disconnects, slippage, all that stuff. It's unbelievable what computers can do these days.

By the way, is there a demo Oanda API? Do you have to pay for it too?
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Nov 18, 2009   735 príspevkov
Mar 16, 2011 at 14:21
and...

Life is Good

😄😄😄
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 14:37
O can try their luck, we're not beholden to one set of parameters or circumstances. I'll make my trades random, see how they cope with that. Drive some poor programmer nuts while he tries to figure it out.

But I don't believe O is stop hunting or anything else. I'm happy with them and will build a business around them. And I must say, I don't really believe 98% of these 'the broker did me in stories'. If I see the level of skill out there, just shocking.

I mean if I had a HFT system and they started doing stuff like that I'd just put in a delay and a random one at that. I don't see brokers as a problem as a simple adjustment will sort it. In your friends case god knows what he was doing, as their aren't many HFT strategies, especially in FX, but if he couldn't make that adjustment then probably shouldn't be trading HF.

No demo API, $600 a month, and 2 or 3 months to get yourself together before they start charging, then they offset trading volume to cost.

TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 14:38 (upravené Mar 16, 2011 at 14:40)
HF is difficult, have to be spot on with the math. Even slightly out and the shirt is gone, right off your back.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 14:47
Speki,

I'm going away though, this thing going to grind to a halt for two months. No internet where I'm going.
Členom od Nov 18, 2009   735 príspevkov
Mar 16, 2011 at 15:19
Oh, it wasn't that difficult since they had a lightning fast feed (from HotspotFX if memory serves). So it was arbitrage - until they started making real money. I know another fella who worked at the MorganStanley HFT center. Machines analyse the orders sent by other banks' machines. He said it's all about the microseconds. Milliseconds is too slow in their world. But I'm not into HF really, I just heard the stories ... and maths, no, not my world either.

Oanda is good but not what it used to be - platform goes down during news, spreads sometimes remain wide for so long - does anybody remember EURUSD 0.9 and USDJPY 1.0? I do. And they just can't fix the simplest issues in the platform. I reported a few, I got a polite acknowledgement and nothing happened. I bet they don't even have an IT department, they're just outsourcing the development and maintenance.

Good luck with the 'money machine' - 10 years of teamwork and $850 a month (plus the server hosting I assume) - quite an investment.

Do you have a deadline to get it up and running? How long do I have to wait to invest in it? 😄
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 16, 2011 at 17:07
No deadline and were done, just have to run it a bit...

Remember API is not the platform, thing is very solid.
Členom od Nov 18, 2009   735 príspevkov
Mar 16, 2011 at 17:27
I see.

Enough said, I wish you luck and will be looking forward to seeing the equity curve.
Money talks, everything else walks, that's how they say ...

sayings are good
😄😄😄
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
zzzero
forex_trader_27988
Členom od Jan 26, 2011   1367 príspevkov
Mar 17, 2011 at 03:36 (upravené Mar 17, 2011 at 03:39)


TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Mar 17, 2011 at 16:00
Crap day...

zzzero
forex_trader_27988
Členom od Jan 26, 2011   1367 príspevkov
Mar 18, 2011 at 02:04
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i just simply must sit down and read this monster from cover to cover.

...through the eyes of a dolphin...

i think that i just sprung a woodie.

dang.

i do hope that they allow feedback, i can hardly wait to share my feelings about mr coetzee.

oh, what joy.

<a href='https://www.paperbackswap.com/Beautiful-Ambient-Glimpse-Elkart-Coetzee/book/0620295937'><u>link</u></a>

zzzero/.



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