Bad beginings

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  • 03/25/2017 at 2:30 PM #29822 quote
    GraHal
    Participant
    Master

    I agree TF … the Bot can start loosing money with or without Elliot waves, Fib retraces… and those things can happen also 100 bars later … but if losses on trades (not at beginning) do not take my starting equity below zero then I can live with that. Reason:  because I wouldn’t have that profit to lose if I had not run that Bot.

    I find a loss of my starting equity a big turn-off and was only suggesting a way to limit this ‘bad beginning loss’ to some pre-defined figure (£50, £250 whatever) so that I live to fight another day. 🙂

    I wasn’t suggesting that Elliott Wave Changes, Fib Retraces etc only happen when one has just started a Bot running.

    This has been quite a lively discussion, certainly got me going … I think it was the emotive title that drew me to it, so thank you for that TF.

    Please continue anybody, and yes I will incorporate the beginning loss limiter into my Bots in future … I’ve talked myself into it now! hahahah

    Best Regards
    GraHal

    03/25/2017 at 4:33 PM #29843 quote
    TempusFugit
    Participant
    Veteran

    So, it seems to me that we have here two schools:

    • The searchers of good beginnings: trying to avoid the painful-loosing phases of a bot
    • The random walkers: doesn´t matter the moment, just man it up

    AutoS, thanks for the advice, I really think you are right. But I have to start with what I have, only one system made by me and so I can really understand. That´s why earlier in this post I wonder if just one system in different markets and different TF could do the “provisional” trick about diversification.

    Also very interesting and mind-shoking your (and Eric) idea that Demo is kind of useless or worse. At this point I think is an approach too ahead of my knowledge, or plainly saying it scares me too much

    03/25/2017 at 8:50 PM #29853 quote
    AutoStrategist
    Participant
    Veteran

    To be clear I am NOT recommending going straight to live, I believe most (all?)  serious quants use a period of incubation before going live. It’s just me being over eager and had I run in demo first I would definitely have saved some money with several of the less good strategies.

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Bad beginings


ProOrder: Automated Strategies & Backtesting

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TempusFugit @tempusfugit Participant
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This topic contains 32 replies,
has 7 voices, and was last updated by AutoStrategist
8 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/21/2017
Status: Active
Attachments: No files
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