Forums › ProRealTime English forum › ProOrder support › Machine Learning in ProOrder ProRealTime › Reply To: Machine Learning in ProOrder ProRealTime
Hi GraHal, thanks but I don’t see the link or any 2nd image?
I remember reading about someone who algo traded, it was in Jack Schwager’s Market Wizards, it could have been Richard Dennis (Turtles fame) and they said they would over-ride the algos’ decisions sometimes but when they did a study it turned out the algos’ performance beat their over-ride decisions. Did you ever study that, I mean let the algo run entirely on it’s own (unless extreme market conditions presented themselves) and compare it with the performance when you manually over-ride?
Why is being in a loss for hours a problem, are you a short term scalper? I remember the “baby sitting” of large discretionary currency positions that went against me but hadn’t hit my wide 10% of capital stop. It’s that stop method which is why I think I was as so profitable back then, because I stuck to that rule like glue). I’d monitor the position every few hours overnight and by day three I’d be so tired and didn’t care if the position made money or was a loss! So I’d kick it in to touch, typically only to watch the position hit breakeven and then go into profit within a day…
Grandkids? You don’t look old enough for grandkids! Do you have some special diet/exercise regime? 😃