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RandBots - Mario Randholm (President & CEO) - Ask Me Anything (AMA)


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RandBots - Mario Randholm (President & CEO) - Ask Me Anything (AMA)

  #21 (permalink)
 
Big Mike's Avatar
 Big Mike 
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What did everyone think of the webinar?

Sorry for the delay in posting the recording -- internet has been non-functional on this trip the last few days. I return home in 10 days and will catch-up on everything then.

Mike

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Can you help answer these questions
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  #22 (permalink)
 
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 mattz   is a Vendor
 
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Thank you for the webinar. It is exceptionally well done, and present good ideas applying pure data to trading.

Just a few comments: The beginning of the webinar showed a performance chart of an institutional company as an example of automation performance. Well, besides automation there is also a human decision mechanism at times built of quant teams who may swap one model for another depending on the criteria for market conditions.
You can replicate one to one the due diligence process of automation in institutions is built of teams, and often these teams have skills that are highly academic. This is not to say that a single trader can not create successful models, instead its an entirely different process.

There is also a mention of something along the lines of "when we receive a signal of a 3rd party"....does that mean that you built portfolios made of other vendors? Not sure.

Excellent Excel presentation! We have seen more demand from traders to integrate that with platforms.

Thank you to Mike, Terry, and Mario for putting this together.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #23 (permalink)
 
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 Minds 
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At randbots you can find mario's as well as third party strategies


mattz View Post
Thank you for the webinar. It is exceptionally well done, and present good ideas applying pure data to trading.

Just a few comments: The beginning of the webinar showed a performance chart of an institutional company as an example of automation performance. Well, besides automation there is also a human decision mechanism at times built of quant teams who may swap one model for another depending on the criteria for market conditions.
You can replicate one to one the due diligence process of automation in institutions is built of teams, and often these teams have skills that are highly academic. This is not to say that a single trader can not create successful models, instead its an entirely different process.

There is also a mention of something along the lines of "when we receive a signal of a 3rd party"....does that mean that you built portfolios made of other vendors? Not sure.

Excellent Excel presentation! We have seen more demand from traders to integrate that with platforms.

Thank you to Mike, Terry, and Mario for putting this together.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.


Thanked by:
  #24 (permalink)
 
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 RandBots 
Lima, Peru
 
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Thank Matt,

Yes, of course. I believe that the Markets represent the human expectations more than anything else. On the other hand, systematic trading have a built-in function that is crucial to be successful in the business.

SOLID RISK MANAGEMENT and IF CONDITIONING - if A then do B and if C then do A+B...

The human decision criteria will be most likely always present in the markets as the capital will ultimately remain under the control of individuals.




mattz View Post
Thank you for the webinar. It is exceptionally well done, and present good ideas applying pure data to trading.

Just a few comments: The beginning of the webinar showed a performance chart of an institutional company as an example of automation performance. Well, besides automation there is also a human decision mechanism at times built of quant teams who may swap one model for another depending on the criteria for market conditions.
You can replicate one to one the due diligence process of automation in institutions is built of teams, and often these teams have skills that are highly academic. This is not to say that a single trader can not create successful models, instead its an entirely different process.

There is also a mention of something along the lines of "when we receive a signal of a 3rd party"....does that mean that you built portfolios made of other vendors? Not sure.

Excellent Excel presentation! We have seen more demand from traders to integrate that with platforms.

Thank you to Mike, Terry, and Mario for putting this together.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.


Follow me on Twitter
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  #25 (permalink)
 
RandBots's Avatar
 RandBots 
Lima, Peru
 
Experience: Advanced
Platform: Propietary
Broker: IQ
Trading: Options
Posts: 14 since Jul 2017
Thanks Given: 37
Thanks Received: 9

Regarding your comments below:

"The beginning of the webinar showed a performance chart of an institutional company as an example of automation performance. Well, besides automation there is also a human decision mechanism at times built of quant teams who may swap one model for another depending on the criteria for market conditions."

I agree to your comments above.


"You can replicate one to one the due diligence process of automation in institutions is built of teams, and often these teams have skills that are highly academic."

I do not think that can be replicated - I can be done worse of better, On the other hand the results will be correlated to the amount of invested resources.


"This is not to say that a single trader can not create successful models, instead its an entirely different process."

I agree to your comment above


"There is also a mention of something along the lines of "when we receive a signal of a 3rd party"....does that mean that you built portfolios made of other vendors? Not sure."

The short answer is YES.
1. There are open third party systems that I trust which I modify to match my goals.
2. There are third party systems that I trust that I do not modify because the risk rewards match mine.
3. There are my own systems that were built based on my risk reward


"Excellent Excel presentation! We have seen more demand from traders to integrate that with platforms."

Great systems are always welcome in any portfolio, the main issue is that the track-record is history. As you wrote, past performance might not be indicative of future results.

"Thank you to Mike, Terry, and Mario for putting this together."

Your welcome

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.


mattz View Post
Thank you for the webinar. It is exceptionally well done, and present good ideas applying pure data to trading.

Just a few comments: The beginning of the webinar showed a performance chart of an institutional company as an example of automation performance. Well, besides automation there is also a human decision mechanism at times built of quant teams who may swap one model for another depending on the criteria for market conditions.
You can replicate one to one the due diligence process of automation in institutions is built of teams, and often these teams have skills that are highly academic. This is not to say that a single trader can not create successful models, instead its an entirely different process.

There is also a mention of something along the lines of "when we receive a signal of a 3rd party"....does that mean that you built portfolios made of other vendors? Not sure.

Excellent Excel presentation! We have seen more demand from traders to integrate that with platforms.

Thank you to Mike, Terry, and Mario for putting this together.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.


Follow me on Twitter

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