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xenonhd

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Posts posted by xenonhd

  1. Hello Guys I thought this thread could be very usefull for you Traders

     

    I have been testing over 100+ trading methodology + Building Algorythms for 5 years now

    I learned that on all thoses sellers/providers there is only 1% that are actually really making money.

    Think about this , why would someone that make money would share his secret sauce ?? they would of course keep it for themselves.

    it means 98.5% on internet are bullshit and scammers trying to sell high priced Automated system.

     

    The things you must ask before buying a Trading system/automated system

     

    1)Ask for Account Statement wich has money and real trades , no better proof than a trader that trade his own money right ?

    2)Get systems Educated before buying them , God thanks that I found this forum 8-) Thanks Indo-investasi you saved me lot of money.

    3)Don't hope making money with a small 10k usd starting capital , you need at least 50kusd for risk managment and adequate position sizing.

    4)VERY IMPORTANT most sellers will show show you backtesting results WITHOUT Slippages+Commissions this impact dramticly the performances results changing from Smooth positive eq curve to negative and poor eq curve , Don't get mistaken or scammed guys.

     

    The more Trades you have and the more it will impact the profitability

     

    example: let's say you have a system that from 2010 to 2018 has 500 trades

    slippages is : when you enter a position you never get filled the same price as what backtesting results says

    it means you need to add 1 ticks to 2 in futures & about 0.10 cents if you trade Stocks to reflect the reality

     

    Slippages

    Futures:1 ticks in Crude oil futures = 10$ , 10$ entry + 10$ exit means 20$/trade you multiply by 500 trades that's 10 000$ just in slippage

    Stocks:to be determined

     

    Commissions

     

    Futures:Commissions is the brokerage firm fees to allow you to enter into the position (depends on each brokerage firm)

    in this example we are going to use 2,50$ fees per trades 2.50*500 =1250$

     

    Stocks: Lets say you trade a 100$/share stock x (stocks has per trade or per shares price bundle depends on the package you took with your broker)

     

    Example: 50k/100 = 500 shares you can take a maxmium of 500 shares for a 50k capital

    500shares*2.50 +0.05*500shares*500 trades =13250$

     

    0.05 is 5 cents per shares as most brokers charge

    500 shares / trade * 500 trades (2010 to 2018) =

     

    Total slippages + commissions paid in crude oil futures : -10250$ to the overall strategy performance

    Total Slippages + commisisons paid in 100$/share (stock X):-13250$ to the overall strategy performance

     

    Key points

     

    1)Strategy robustness + profitability profit factor at least 1.6 ,drawdown must be under 10k for a 50k capital that's 20% drawdown (don't forget this)

    Backtesing must at lwast have 300 Trades minimum so you can start considering the strategy

    2) ALLWAYS Perform a Montecarlo Robustness Testing into a strategy(it randomise entries + pricing for calculating the robustness)

    3) Preferably Have a Long & Short strategy that has at least 50/50 Long & shorts.

    You can have long only strategy but make sure it has passed worst period like 2008 crisis

     

    4)Risk Managment** position sizing vs equity allocation Very important , it's actually more important than the strategy itself

     

    5)Hedging strategies in as the market goes up or down cause you never know allwyas remember that (Past results doesn't indicate futures results)

     

     

    Thanks for Reading & Happy Trading Guys :):)

  2. viziblesoft and Elrestorer cannot restore or decompile tradestation based appstore easylanguage code

     

    is anyone in here able to educated or know some tools to get started with to decompile or to start working on Easylanguages files and Tradestation Appstorebased ELD

     

    here i have a good stock H&R BLOCK tradingsystem wich I cannot decompile

     

    Thank you for your help everyone

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