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Mechanical Trading

  #1 (permalink)
 HUDSON 
GIG HARBOR WA
 
Experience: Advanced
Platform: TRADESTATION
Trading: ES
Posts: 2 since Sep 2013
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I'm a newby mechanical trader (discretionary trader for over 25 years) and found a system called Tsunami Trader. Does anyone have any experience with Tsunami Trading?

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  #3 (permalink)
 
Deucalion's Avatar
 Deucalion 
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
Trading: Multiple
Posts: 428 since Aug 2009



HUDSON View Post
I'm a newby mechanical trader (discretionary trader for over 25 years) and found a system called Tsunami Trader. Does anyone have any experience with Tsunami Trading?

When someone sells mechanical, you should run mechanically ....away!!! Especially one that started life as an FX EA robot.



Tsunami Trading Educators

Forums - Tsunami Trading

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  #4 (permalink)
 HUDSON 
GIG HARBOR WA
 
Experience: Advanced
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Trading: ES
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Thank you for your posts. I haven't purchased anything yet. I've been doing my due diligence. I'm really disappointed that I can't find a robust mechanical system.

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  #5 (permalink)
 
Deucalion's Avatar
 Deucalion 
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
Trading: Multiple
Posts: 428 since Aug 2009


HUDSON View Post
Thank you for your posts. I haven't purchased anything yet. I've been doing my due diligence. I'm really disappointed that I can't find a robust mechanical system.

They do exist. For one thing - you could go the managed way. That is one option. use your friend - google. One such option - Manager Rankings

Also, Americans are screwed by your fascist government (and the CFTC and NFA rules regarding overseas investments by individuals). There are far better and robust options viable overseas, such as based in London, and Australia, and japan, and Germany. I use one myself for one of my accounts, but its based in London, hence not for Americans.

For all other reailers in US, the choices are far smaller and riddled with scams. Once again use Google, and a good rule is to treat any and everyone as a scam before you part with your money, Also keep in mind good robust systems with high alpha are neither advertised nor cheap (if at all advertised). More than likely, good ones will need 250K or more. Maybe some exceptions exist, but there are easier ways to achieve high alpha, much higher if one uses anti fragile discretionary techniques.

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  #6 (permalink)
 tukhoai 
cali, colombia
 
Experience: None
Platform: ninjatrader
Trading: cl, tf
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Deucalion View Post
... More than likely, good ones will need 250K or more. Maybe some exceptions exist, but there are easier ways to achieve high alpha, much higher if one uses anti fragile discretionary techniques.

Hi, good advice.

I'm interested in the $250K+ good systems that you mentioned. Do you happen to know such particular systems off hand? Thanks. Cheers

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  #7 (permalink)
 
Deucalion's Avatar
 Deucalion 
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
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Posts: 428 since Aug 2009


tukhoai View Post
Hi, good advice.

I'm interested in the $250K+ good systems that you mentioned. Do you happen to know such particular systems off hand? Thanks. Cheers

Yes I do, unfortunately for you that information cost me capital, and I am not a vendor, it is therefore not for sale. Perhaps @artemiso could be of help. He comes from that world to which we are but, outsiders.

PS - Perhaps you may think this is rude and unhelpful, but it would rare to give monetized information for free. Much less information that is linked to a closed fund which has a lengthy non disclosure agreement attached to it. A lot of people will skirt around issues like this. I am simply stating the obvious and the unsaid, You are free to slam me for this. This information exists and is gettable. Some people are privy to this, others push their way through.

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  #8 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
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Deucalion View Post
Yes I do, unfortunately for you that information cost me capital, and I am not a vendor, it is therefore not for sale. Perhaps @artemiso could be of help. He comes from that world to which we are but, outsiders.

PS - Perhaps you may think this is rude and unhelpful, but it would rare to give monetized information for free. Much less information that is linked to a closed fund which has a lengthy non disclosure agreement attached to it. A lot of people will skirt around issues like this. I am simply stating the obvious and the unsaid, You are free to slam me for this. This information exists and is gettable. Some people are privy to this, others push their way through.

I must be a bit slow because I don't understand what you are saying when you say "that information cost me capital, and I am not a vendor, it is therefore not for sale". Are you saying you have your own system and it isn't for sale? If so, I understand otherwise could you please elaborate a bit...

Thanks,
Mike

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  #9 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
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Well I've quit posting but I will make an exception since I was called specifically...

I've sent tukhoai a PM with specifics but there are two core points I want to reiterate here.

1. Regarding software packages, I recommend one to give up looking. Put yourself in the shoes of someone who has created a strategy that really works: you wouldn't sell it, because it is cheaper and less time-consuming (though by no means that easy) to raise assets or leverage up, than to get a fair valuation of the strategy. You claim to be a master voyager who has sailed to the end of the world where you found a legitimate treasure map that leads to an island hiding 1,000 chests of gold coins. But you are willing to sell the map for 10 gold coins because you don't have 100 gold coins to fund a trip to the island...

2. Regarding CTAs, most CTAs are generating returns for you through the same means as mutual funds, except at higher cost. It's like the difference between buying a bar of excretion compared to buying a glass of excretion that was put through the juicer. The latter is probably cheaper, but you get the same nutrients. What this means is that chances are that you should consider investing in a mutual fund, not a CTA. I'll take this point to the extreme: Many people don't realize what they're paying for. I'd rather pay someone $5,000 per year for losing my money after thousands of hours of software development and research, than pay someone $100 for making me money through an effort that only requires 1 hour of high school education to perfect. I consider the first one a good deal, the latter a scam.

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  #10 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
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artemiso View Post
I'd rather pay someone $5,000 per year for losing my money after thousands of hours of software development and research, than pay someone $100 for making me money through an effort that only requires 1 hour of high school education to perfect. I consider the first one a good deal, the latter a scam.

So someone who has lost your funds through faulty research is a good deal.
On the other hand, someone who made you money, but it came through some easy method and charged you a fraction of the cost is a scam. Please expalin further.

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