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Elixir (By Inari)

Gain : +34.45%
Drawdown 22.43%
Pips: 2871.4
Trades 701
Won:
Lost:
Type: Real
Leverage: -
Trading: Unknown

Elixir Discussion

Inari (Inari)
Jun 27 2015 at 14:30
42 posts
Inari Partners are pleased to launch our Elixir Trading Algorithm.
The goal is to achieve long term good returns without frightening draw-downs.

In terms of returns we are looking at 30% net after fees with a max draw-down less than 2%

Our target clients are money managers, family offices and small funds

Our software in hosted in a data center

Inari Partners, based in London also have the the Reserve Pension model which has produced an average in excess of 9% net of fees over the last 13 years.

For more information check us out at www.inaripartners.com and get in touch...


chanbill (chanbill)
Jun 28 2015 at 06:37
20 posts
Everyone knows first impressions are important. it can potentially determine whether you get something you want.
you are looking for partnership right?

i am here to find partnership too, i want partnership with a strong candidate talented trader to manage my funds.

at the first sight your system seem great with a little gain achievement, yes i am not looking a big profit account here..
what i am looking for is system safe, low risk and consistently.

but when i look at into your performance quickstats, surely it make me ilfeel.




this system is very risky i feel... 6 trades having gain only 0.58% with drawdown 0.64%???

what risk management you are using?

the ratio gain versus drawdown is very poor, this means from 6 trades you only get average 0.0966% gain??? and you make a risk 0.64%???

what is it? 0.09 gain versus 0.64 risk? that is 9:64 or 1:7 ratio.
7% risk to get 1% gain????


Attachments:


Inari (Inari)
Jun 28 2015 at 08:53
42 posts
Hi Billy,

I appreciate your comments, the system operates different strategies depending on what it deems the underlying market condition to be i.e. ranging , trending etc. It applies different entry and exit rules and set max draw down on a trade by trade basis. It downloads data on a tick by tick basis and from time to time it will identify a market moving from a trending to a ranging scenario and vice-a-versa. At this point it will then re-access the profit and draw down limits and apply them to the trade in progress. The exit strategies are keep on our servers and not place visibly in the market to avoid stop hunting. There is very little data on this site as yet but as we move forward you will see higher profits being taken in confirmed trending market conditions and so forth.

For now it is performing in line with expectations - please continue to watch and let me know your thoughts in a week or two

Regards

Sean




Inari (Inari)
Jul 23 2015 at 15:53
42 posts
For those following: -

The model is now actively trading UK Oil, Spot Gold and the Dow 30...
Gradually we will introduce a greater range of indices and commodities but at this stage we are just starting out with products that are known to us.

We have also moved servers to a new data center which will hopefully reduce transactions round robin time

Sean

Inari (Inari)
Jul 26 2015 at 22:35
42 posts
Elixir will soon be available through an approved fund manager in the US and FCA approved UK manager.

Sean

Alex
Look009
Aug 23 2015 at 06:19
224 posts
chanbill posted:
Everyone knows first impressions are important. it can potentially determine whether you get something you want.
you are looking for partnership right?

i am here to find partnership too, i want partnership with a strong candidate talented trader to manage my funds.

at the first sight your system seem great with a little gain achievement, yes i am not looking a big profit account here..
what i am looking for is system safe, low risk and consistently.

but when i look at into your performance quickstats, surely it make me ilfeel.




this system is very risky i feel... 6 trades having gain only 0.58% with drawdown 0.64%???

what risk management you are using?

the ratio gain versus drawdown is very poor, this means from 6 trades you only get average 0.0966% gain??? and you make a risk 0.64%???

what is it? 0.09 gain versus 0.64 risk? that is 9:64 or 1:7 ratio.
7% risk to get 1% gain????



Billy is right but to achieve such a performance is a very big task !

Inari (Inari)
Aug 31 2015 at 18:27
42 posts
Look009 posted:
Billy is right but to achieve such a performance is a very big task !


I think that his comments were a wee bit premature. In his defense they were made after only 6 trades had been made and draw down was close to gain - however now, after a couple of months and over 350 trades hit rates remain in the region of 80% - and draw down of 13% is reduced to a draw down of 8% in non-FX trades are removed.

The system has stabilised well and is handling ranging and trending markets comfortably and is up in profit close to 70%. We will see how it pans but over the next months but interest has been growing steadily so i shouldn't complain.

Sean

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