[LeeDanello]

A trading update. I’m testing my MR system on the US and Aussie markets. They are basically the same system but with different liquidity filters. It’s been 5 or 6 weeks and the results are presented below

ASX

US

so the net result is that for the last 6 weeks I haven’t lost “money”. There have been a few hiccups with placing trades into IB. I tried using their Excel DDE which worked OK when I got it to open which was hit and miss so I invested in Batch Trader which is the only way to go if you want to manage a large set of buys.

SWM taught me a lesson on how to set a sell limit order. I put in my limit of 99c on Tuesday only to see it gap past. Tried again today and got my fill at 82c. So I will be using 5% off the low from now on. Mind you 5% off Mondays low is 98c, it actually opened 6.8% below the the previous days low.

[LeeDanello]

I think the trick is get filled so both should be limit orders off the low. Next time it will be 5%. The stock shouldn’t gap lower than 5% at the auction. You could be left stranded if you put the limit order off the high and the stock gaps against you.

[LeeDanello]

SWM. I put in a limit order for an exit at 99c yesterday and didn’t get triggered. That price was around 3% from the low. Nick suggested 3 to 5% and it gapped down again today. What a nasty bitch that was.

[LeeDanello]

Julian Cohen wrote:

It turns out that I have an uncanny knack of breaking software by doing things that the designers never considered. The MOC BatchTrader has a section that allows you to set the cut off time for cancelling the remaining orders and then placing market orders to close the positions.

I was placing a space after the comma between the two exchanges and this caused the program to read the exchange as ” ASX” instead of “ASX” and therefore failed. This has now been fixed so that any errant commas will be ignored.

Levente has also added a function to allow an order ID to be placed in the system so when running two instances of Batch Trader you can identify easily trades done on each one.

I’ll test this and let you know.

You’re a good beta tester then. They’re meant to find the holes.

[LeeDanello]

Nick I’m still paper trading it. Probably do so for another month. I will post up some results in the diary in the next couple of days.
I thought I’d ask the question because I read on the “other forum” about who had data back going back more than 20 years and what relevance that had on testing. So just thinking about that and testing strategies that far back. It was more for curiosities sake and how today’s commissions would those distort results.

[LeeDanello]

If your base currency is AUD I’m pretty sure you don’t have to convert your base currency to trade the US. You only do that to mitigate the FX movement. For short term holdings it’s probably not worth it.

[LeeDanello]

This is a great free screen capture program. Spyware free

FastStone Capture

https://whatsonmypc.wordpress.com/2009/05/14/faststone/

[LeeDanello]

That is interesting

[LeeDanello]

Julian Cohen wrote:

Nick Radge wrote:

Trish switched over last night. All I have heard since is constant “fuck sake..”

Maybe I’ll wait a bit then

If you can navigate TWS then Windows 10 is a breeze

[LeeDanello]

Obviously having problems navigating the new operating system. Some things are hard to find but that’s where Google comes into play. I still curse at the ribbon menus that Microsoft decided to introduce a few years ago. I still can’t find stuff.

[LeeDanello]

I just copied the program into the same directory and windows appended “copy” to the end of the file name. Once I edited the XML file and saved it I was allowed to execute both Batch Trader programs.

[LeeDanello]

Darryl Vink wrote:

got another ‘Unack’ order tonight… so far:
INTC
MSFT

Can you post a screenshot of batch trader with the unack. I’m curious to see what it looks like

[LeeDanello]

Just do it. Fixed all the issues on my old computer. Everyone that I’ve spoken to reckons its their best operating system.

[LeeDanello]

Understand now. All for managing exposure for different systems.

[LeeDanello]

If you do this does it segregate your trades from different systems?

[Author]

Posts