ProRealAlgos? Real or fake

• 12/06/2023 at 11:03 AM #224921
  coincatcha

  If you didn’t Carl I would have. I think it’s more than fair for you given the tone of the thread to show such a stellar month. Well done, after 3 months DD you’ve earnt it. I’ve been watching it all unfold. Also big ups to you for the ability to face your youtube crowd (what was left haha) and tell it how it is, that can’t have been an easy stream for you.

  Interestingly as I believe it is valid to the previous conversation, the bot account I posted also recovered well and the negative correlation I had pegged is in full play once again. Now I trust the pair to move forward and hopefully get more size on organically.

  Which brings me to the point of our earlier trading conversation. It is a myth that psychology is somewhat removed from algo trading. After doing this for a little time now it’s clear that all the same errors can be made as manual trading. So for individual bots or a portfolio one must be prepared for the equity curve journey ahead and sized to what they can stomach. For me it was half the size I thought. Had I not built the bots myself, I don’t know where that conviction can come from. If I was to run third party software then I would study them meticulously and prepare my mind before switching them on. There is one single biggest thing I have taken away from algo trading is about managing expectations. It’s not so easy thinking in sample size when there are bills to pay. Once one gets away from get rich quick then they can have the spoils of wealth over time. Don’t get me wrong though, PeterSt I think is spot on with a benchmark should be around 100% pa and I only have one that can do that risk adjusted and it took me 9mths to find it. But what is said? If you aim for the stars and miss you might land on the moon! Well that’s just fine too.

  A member here, shut them off for safety. I moved to half size on commencement of the second stage DD of my pair and you sir, rode into the sunset like a cowboy drinking pina coladas.

  

  coincatcha

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  12/06/2023 at 11:13 AM #224926
  ProRealAlgos

  Hi Coincaptcha.

  Thanks! We will keep on grinding summer, autumn, winter and spring. Trying to provide as much value for our clients, aswell as for our users of our free products – including youtube content that people might find useful later when the risk appetite and the interest in in algo trading in general gets back to its previous levels.

  And actually we don’t find it very hard. We would do the streams, videos, x-posts without anyone watching. And we will continue developing algos, indicators and codes without anyone else but ourselves and our families and friends using them. We’re happy that people are using our products, but it’s not a necessity for us to continue.

  “Find a job you love, and you will never have to work a day in your life.”

  Yes the psychology is there is automatic trading too, but I would still claim it to be much less involved in algo trading than in manual discretionary trading.

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  coincatcha

  

  ProRealAlgos

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