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iSystems Journal

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  #171 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 16 since Mar 2021
Thanks: 12 given, 30 received


kansaisupra View Post
Just wanted to thank SMCJB for your awesome thread.

As people have mentioned, there is very little material on Isystems review that is not an affiliate link or some sponsor. So glad to have found this thread.

Just wanted to share my experience with Isystems as well. I wish I would have read this thread before I signed up but better late then never I guess.

I signed up through AMP futures and started with one bot. Looking at the backtesting results looks pretty tempting to try.
First trade the bot made I was up a decent amount so I was like great start. Signed up for a few more bots and made a few more positive trades. Then probably the next few days, all the bot end up hitting their biggest drawdowns. Coincidence, who knows.

I think finding a profitable bot is probably harder then picking the right mutual fund. Its basically just pray and see what happens. I was really thinking I need a longer sample size but it seems like over the long run, just the fees, commissions is the biggest hurdle to overcome because then you already starting in the negative.

Can you be profitable using these bots? I think so but a lot of what determines is pure luck. Picking right bot, and running the bot at the right time. Someone mentioned before they were activating the bot when it was its in worst draw down or when it was losing, I tried that, led to more losses. Thats like going to Vegas and playing roulette using the past history board to determine the future results. its a random event with no memory of the past.

I think the seduction of the past performance chart, hooks you in, thinking it will keep repeating those results but there is no guarantee it will do that. I think if you have a large bankroll, meaning your using Suggested Capital and your okay with losing it all, I think it could work out.

I started with this experiment knowing full well I was okay losing money but I think if I keep it going, Ill eventually lose it all. Yes you will win here and there but overall the odds are against you in being profitable in the long term.

Can you be profitable using these bots? I think so but a lot of what determines is pure luck. Picking right bot, and running the bot at the right time.

I have had success with this strategy for example picking BP system is December and GC in January. Using historic volatility for certain months I have been profitable over the last six months. Still a novice in futures overall and not a lot of experience. I think adding LIVE P/L in my search criteria has helped me pick good systems too.

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  #172 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 16 since Mar 2021
Thanks: 12 given, 30 received


SMCJB View Post
There's 17 pages of 'how it went'!

My apologies I'm new to this site. I see now for some reason when I first saw the post I couldn't see all the pages. Hope all is well talk to you soon.

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  #173 (permalink)
 SMCJB 
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: TT and Stellar
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little GE, SI, Bitcoin & Ether
 
Posts: 4,661 since Dec 2013
Thanks: 3,981 given, 9,340 received


No worries @FinTrader1. Hope you enjoy futures.io. I think you will find there is a wealth of information here.

TLDR of this thread: I approached my iSystems journey by trying to identify systematic/statistical methods to identify and trade profitable trading systems. This was a real money experiment and it failed! Lots of analysis and discussion as to how and why.

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  #174 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 16 since Mar 2021
Thanks: 12 given, 30 received

*Warning Lengthy Reply My Experience Thus Far*

Hello everyone wanted to follow up with my experiences so far with I-Systems. Mind you I consider myself a novice. This is my experiences with one contract per system via time line.
I started back in October looking for some returns. I first started reviewing the returns on an annual basis. How I came across:

NK 10-2/2020-21 4 months
https://ampfutures.isystems.com/System/PerformanceSheet?Id=22965
-$1,442

Then I started seeing with seasonality in commodities and noticed some systems work better in volatility with certain commodities. I use this site to research commoditiy seasonality going back 20 years:
https://commodityseasonality.com/

I got in kinda of late with indices hoping to get some vol. around the election and went with:
YM 11/2020 20 days
https://ampfutures.isystems.com/System/PerformanceSheet?Id=22841
-$1,837
Definitely got in late and stayed for too long. Their was no real vol around the election like expected anyways.

Then with further Brexit decisions and votes their was a lot of vol expected in December. I found a system that did well during the original Brexit vote back in summer of 2016.
BP 12/2020
https://ampfutures.isystems.com/System/PerformanceSheet?Id=23161
+$3276
Got the returns I was looking for and then some.

I rolled that strategy into GC for January.
GC 1/2021 - Current
https://ampfutures.isystems.com/System/PerformanceSheet?Id=22899
+$11,390
I've decided to stay in this system since because the Live P/L is successful enough to continue this on a month and hopefully year to year basis.

I did decide to get out of the NK system very much sideways action. I have since learned to read systems better.

Then in March Indices do well so I went with an NQ
NQ 3/2021-5/2021
https://ampfutures.isystems.com/System/PerformanceSheet?Id=23394
-$34

Essentially broke even right now I'm in a monthly CL system
CL 5/2021 -current -$1,474
https://ampfutures.isystems.com/System/PerformanceSheet?Id=11031

Currently I'm +$9,947 since October took some losses right away but have climbed out and starting to pick more stable systems. Mainly what I look for is Live P/L, Winning% and making sure the winning averages are significantly larger then average losses among many others. What I think is improving with I-Systems is the Live P/L data is increasing everyday then in the past when their were more skeptics rightfully so.
Again I'm very new to systems and trading overall maybe it's beginners luck. I look forward to your questions and advice I value going forward.

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  #175 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 16 since Mar 2021
Thanks: 12 given, 30 received

@SMCJB what are your thoughts on my trading the I-Systems thus far? I think now that there's more live date then in the past picking a winning system might be more reliable?

I value your opinion thank you in advance.

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  #176 (permalink)
 SMCJB 
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: TT and Stellar
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little GE, SI, Bitcoin & Ether
 
Posts: 4,661 since Dec 2013
Thanks: 3,981 given, 9,340 received

Greetings @FinTrader1 and thank you for your sharing your experiencing. It's good to know that some people have a positive experience.

Put simply in my analysis of iSystems I struggled to find a quantitative way to identify profitable systems. I was honestly a little surprised and definitely disappointed.

If there's something specific you'd like to discuss let me know, but its been a long time since I've run any of my iSystems data.

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  #177 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 16 since Mar 2021
Thanks: 12 given, 30 received


SMCJB View Post
Greetings @FinTrader1 and thank you for your sharing your experiencing. It's good to know that some people have a positive experience.

Put simply in my analysis of iSystems I struggled to find a quantitative way to identify profitable systems. I was honestly a little surprised and definitely disappointed.

If there's something specific you'd like to discuss let me know, but its been a long time since I've run any of my iSystems data.


I'm curious with more Live P/L data now that if you run your i-systems data with the already successful systems it would be a more positive result?

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  #178 (permalink)
 SMCJB 
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: TT and Stellar
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little GE, SI, Bitcoin & Ether
 
Posts: 4,661 since Dec 2013
Thanks: 3,981 given, 9,340 received

The only difference between "Since Tracked" and "Live" is that somebody is actually trading the system in the "Live" period. In actuality both are post-back test so i made no distinction between the two in my analysis.

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  #179 (permalink)
futurerama
Dayton + Ohio
 
 
Posts: 6 since Mar 2014
Thanks: 4 given, 1 received


FinTrader1 View Post
*Warning Lengthy Reply My Experience Thus Far*

Hello everyone wanted to follow up with my experiences so far with I-Systems. Mind you I consider myself a novice. This is my experiences with one contract per system via time line.
I started back in October looking for some returns. I first started reviewing the returns on an annual basis. How I came across:

Essentially broke even right now I'm in a monthly CL system
CL 5/2021 -current -$1,474
https://ampfutures.isystems.com/System/PerformanceSheet?Id=11031

Currently I'm +$9,947 since October took some losses right away but have climbed out and starting to pick more stable systems. Mainly what I look for is Live P/L, Winning% and making sure the winning averages are significantly larger then average losses among many others. What I think is improving with I-Systems is the Live P/L data is increasing everyday then in the past when their were more skeptics rightfully so.
Again I'm very new to systems and trading overall maybe it's beginners luck. I look forward to your questions and advice I value going forward.

Hi Fintrader1, appreciate all that you provided.
Will be great to hear from you since your last post. Am planning to use iSystems thru Amp/Optimus...this one seems interesting:
IntraSwing71Kis_M21 _ Mini-Russell CME RTY: https://optimusfutures.isystems.com/System/PerformanceSheet?Id=24552
Let me know what you think.

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