[oleg]

Hi Pros!

I am designing automated trading software and I have some problem to understand Professional Traders’ mentality…

I publish my trades online in real-time. The results are fairly profitable (20-40%/week), but the first think I hear is “Do you have a back-testing result?”

The second question is always: “If the software is so good, why do you sell it?”

My answer to that is very simple: I trade, and I do what I do best – developing systems. Furthermore, I do not share the view that systems must be “top level” secret because the more traders use them the more reliable outcome will be (collective trading).

So, here are my questions:
1. Does it mean that hypothetical result of back-testing is more reliable and important than what you can see in real-time?
2. My tools is available for free, but download rate is about 0.5% of visitors, is “Free” scaring people?
3. What is your ideal of automated trading apps?

Thanks for your time.

Oleg Skoptsev

[Tams]

you can't win...
if you do backtest only, people are going to ask why not forward test...

LOL

[DugDug]

Originally Posted by oleg »

Hi Pros!
So, here are my questions:
1. Does it mean that hypothetical result of back-testing is more reliable and important than what you can see in real-time?
2. My tools is available for free, but download rate is about 0.5% of visitors, is “Free” scaring people?
3. What is your ideal of automated trading apps?

1 - no but it shows how the strategy may work over many different types of markets and instruments. Nothing works all the time - people want to at least gauge the drawdowns and volatility of returns.
2 - there is lots of free info on the internet yet still people look for more.
3 - one that makes money and I dont do anything......thats normally called a money manager.

[brownsfan019]

Only 20-40% per week?

That's probably why no one is downloading - who wants those horrendous returns?



Maybe people visiting your site realize that 20-40% per week is not sustainable, achievable, realistic, etc. etc.

[oleg]

Originally Posted by brownsfan019 »

Only 20-40% per week?

That's probably why no one is downloading - who wants those horrendous returns?



Maybe people visiting your site realize that 20-40% per week is not sustainable, achievable, realistic, etc. etc.

Have I mention that these are REAL-TIME result? As well as PL, Enter Time/Price.
And you can see PL update in REAL-TIME(5 sec delay).

[richd8980]

how long have yo been getting 20-40% per week?

[oleg]

Originally Posted by richd8980 »

how can we view the results you are talking about and the trading method?

I cannot publish links but you can shut me PM

[richd8980]

found your site nice profits however I cant afford the price. Great results have you had any loses since 11/17/09? it doesnt look like it from the spread sheet