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iSystems Journal
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iSystems Journal

  #111 (permalink)
Trading Apprentice
lancaster
 
Trading Experience: Intermediate
Platform: IB
Favorite Futures: Emini ES
 
Posts: 3 since Jan 2019
Thanks: 6 given, 1 received

I've spent a great amount of time exploring Isystems, and have only found 2 systems that i think are worth investing capital into. These systems are below. Thoughts?

Gribor 6 _ E-mini Nasdaq NQ

GriBor Intra-LowCadence _ S&P MidCap DM

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  #112 (permalink)
Elite Member
McKinney, TX
 
Trading Experience: Intermediate
Platform: Think or Swim, NinjaTrade
Favorite Futures: The indexes, ES, YM, NQ & RTY
 
Posts: 165 since Aug 2012
Thanks: 215 given, 149 received


Novadolla View Post
I've spent a great amount of time exploring Isystems, and have only found 2 systems that i think are worth investing capital into. These systems are below. Thoughts?

Gribor 6 _ E-mini Nasdaq NQ

GriBor Intra-LowCadence _ S&P MidCap DM

I wouldn't consider them so far, they haven't been tracked long enough with non-back tested data. If after 6-12 month of being tracked and they appear to have kept making money like they did during the the back testing, then I would consider one or the other. Personally I would only pick one of the two at that time since they are from the same developer. They could have the same concepts used in their trading algorithm and would not give you any diversity.

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  #113 (permalink)
Elite Member
Charlotte NC/USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES, Forex
 
Posts: 2 since Sep 2016
Thanks: 0 given, 2 received



Novadolla View Post
I've spent a great amount of time exploring Isystems, and have only found 2 systems that i think are worth investing capital into. These systems are below. Thoughts?

Gribor 6 _ E-mini Nasdaq NQ

GriBor Intra-LowCadence _ S&P MidCap DM

Gribor 6 _ E-mini Nasdaq NQ:
Suggested capital = $20K because of $4.8K worst DD.
ROI is good, but not so consistent year to year.

GriBor Intra-LowCadence _ S&P MidCap DM
Suggested capital = $10K because of $2.7K worst DD.
ROI Looks great, but also not so consistent year to year.

Both of your choices only just began real money tracking.
I would feel better after waiting to see a longer real money tracked performance.

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  #114 (permalink)
Market Wizard
Houston, TX
 
Trading Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,668 since Dec 2013
Thanks: 2,145 given, 4,643 received
Forum Reputation: Legendary


Novadolla View Post
I've spent a great amount of time exploring Isystems, and have only found 2 systems that i think are worth investing capital into. These systems are below. Thoughts?

Gribor 6 _ E-mini Nasdaq NQ

GriBor Intra-LowCadence _ S&P MidCap DM

I would agree with both @dynoweb and @ericthewellread that you need to see a longer real money tracked performance. I would also add that there backtests are very short.
As @kevinkdog advises. Watch/Incubate it for 6 months, and after that see how it has looked compared to its backtest.

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  #115 (permalink)
 Vendor: www.optimusfutures.com 
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,271 since Sep 2010
Thanks: 2,228 given, 3,221 received
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SMCJB View Post
I would agree with both @dynoweb and @ericthewellread that you need to see a longer real money tracked performance. I would also add that there backtests are very short.
As @kevinkdog advises. Watch/Incubate it for 6 months, and after that see how it has looked compared to its backtest.

Just to add to your thoughts:
just to add to your thoughts:
-You will find that under real trades the drawdowns and biggest losing trades may be more significant than the hypothetical despite the success of the system. This is just the nature of real versus hypotheticals.
-In systems that trade frequently, you will find (again generalizing) that the differences between hypothetical and real are significant. Again, the system could still be good and winning, but expectations should be in place when going live.
-If you face with only hypothetical and not much live data, consider looking at the vendor's other systems. It could give you an idea of whether the vendor is just "pumping" systems or has the ability to create good models.
-You will find at times gap between "Tracked" and "Live" and this should give you an idea where people went out of the system. This at times shows human nature to withstand drawdowns, and should also signal to you whether you can withstand such drawdowns. Also, it indicates that people start and stop after large gains thinking they can "think" together with the system.
-The drawdown plus the minimum account size required gives you an idea (in my opinion) of the minimum you need in the account.

If anyone needs help with the selection of a system(S), I would be more than happy to guide you.

Thanks,
Matt Z
Optimus Futures

THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; February 7th, 2019 at 12:41 PM.
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  #116 (permalink)
Market Wizard
Houston, TX
 
Trading Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,668 since Dec 2013
Thanks: 2,145 given, 4,643 received
Forum Reputation: Legendary


mattz View Post
-You will find at times gap between "Tracked" and "Live" and this should give you an idea where people went out of the system. This at times shows human nature to withstand drawdowns, and should also signal to you whether you can withstand such drawdowns. Also, it indicates that people start and stop after large gains thinking they can "think" together with the system.

That's a really interesting point Matt. Not something I'm going to do but there's potentially a psychology white paper hidden in these numbers. Would be interesting to see when people quit. I also think there's a lot of 'hot money' in there that probably moves around quickly. Obvious problem is that the data is a binary traded/not traded. So a system could lose 99% of its customers but as long as one remains it will still show as traded even though in reality the chickens have already fled the coop!

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  #117 (permalink)
 Vendor: www.optimusfutures.com 
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,271 since Sep 2010
Thanks: 2,228 given, 3,221 received
Forum Reputation: Legendary


SMCJB View Post
That's a really interesting point Matt. Not something I'm going to do but there's potentially a psychology white paper hidden in these numbers. Would be interesting to see when people quit. I also think there's a lot of 'hot money' in there that probably moves around quickly. Obvious problem is that the data is a binary traded/not traded. So a system could lose 99% of its customers but as long as one remains it will still show as traded even though in reality the chickens have already fled the coop!

There is something that I have learned from my Managed Futures experience and CTAs, and that is to ask "How did we get there"? This means you look at the bottom line ROI and then ask what path, strategy and risk it took to get there.
This type of approach is healthier in my opinion as opposed to just looking at the yearly ROI. Any investment that offers above-average returns should be reviewed with the variables that I mentioned above. I provide this guidance if an investor asks this before choosing a strategy.

iSystems, in my opinion, is pretty transparent if the data for the system is there.

Matt Z
Optimus Futures

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

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; February 10th, 2019 at 10:00 PM.
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