Friendly vendor competition? | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons


Friendly vendor competition?

  #24 (permalink)

Elite Member
Trading Experience: None
Platform: TradeStation, MT4
Favorite Futures: ES, Stocks
Posts: 73 since Aug 2015
Thanks: 4 given, 10 received

Dionysus View Post
Haha. Yes, sadly that response is par for the course. .

Step 1: Create 15 sim accounts, place different strategies to trade on each
Step 2: Choose the best 2 or 3 to show to the world to prove your trading prowess
Step 3: Profit

I was actually so disheartened by my post and the responses therein, that I, ironically, shelved my own web site I'd created. . . indefinitely, quite probably permanently.

I had high hopes of a lively competition, and proving what can be done via systematic trading, with discipline and effort and listening intently to proper mentors (such as yourself). . . but after learning how vendors are viewed by the community at large, and justifiably so, I don't know that I want to enter that fray, esp as the profits would be minimal relative to trading.

Also, Fiverr, you make an excellent point, in regards to luck/randomness/market-chaos being a massive factor in many of these competitions. This is why I specifically asked that the competitions require X amount of trades. . . with a large enough data pool, the chances of your success (or failure!) being attributed to luck and chance are greatly minimized.

I'm still more than open to any sort of competition along those lines, I'd absolutely love it. . but I have yet to met a single vendor confident enough in their end result products to engage in said competition, and from the sounds of it, I likely won't. If this changes, or if anyone can round up even one or two vendors who are willing to engage in some friendly competition, I'd be thrilled to do so.

I still tend to think it'd be a great learning experience for the community, especially those traveling down the same path of systematic/automated trading, and especially especially those that are fairly new to this path.

Merry Christmas, everyone!


A while back I started the post below to challenge some of the members here. I believe that it was a baby step just to compare each other performance report. Unfortunately, the discussion did not have a lot of takers. My thoughts were very simple. Lets compare and push each other to develop the best systematic solution possible without any aggressive/compounding money management. Once we have a handful of systems, we can trade them with SIM accounts. Once we have more members involved, we can start a pool/fund to trade the system live.

Reply With Quote
Page generated 2019-03-19 in 0.07 seconds with 11 queries on phoenix