tbuitendyk's Posts - Page 3

Volatility Trader - 1:4 Demo in Trading Systems May 20, 2010 at 04:10

Have had to close many trades manually for most of the contest period due to anomalous market activity... Tried to update the trading type to "Mixed" from "Automatic" but the system is not letting me.Anyway, it's officially "mixed" lately with all the manual closes.

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 19, 2010 at 04:32

System Update:Version 3.41a has been running in production for a few days now, and is operating very well. Additionally, the core set of 7 GBPUSD signals have been supplemented with an additional 4 new signals, some of which have already fired and provided good returns into our client accounts. We are also modeling new set-ups using both Hedge Protect Mode 1 and Hedging Protection Mode 2, both of which have been shown to increase profits while reducing draw down.There have been a number of DDC clone positions closed manually over the past week in profit in order to provide safety to client a...

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 18, 2010 at 18:00

hmm... that's probably not true but thanks for the compliment anyway... 😄

What would happen if EURO reaches 1.0000? in Experienced Traders May 17, 2010 at 22:47

It would be worth $1 USD?Is this a trick question...?

An EA with issues... in General May 17, 2010 at 22:40

Check out Jonathan, top-left testimonials... My advice is to stay far away from any EA that causes problems like this. 😲(Frankly, Alejandro has me concerned too.)http://www.forexlightning.com/

Why people generally prefer to buy EA instead of managed account service? in Experienced Traders May 17, 2010 at 01:25

Indeed. My observation exactly.

Why people generally prefer to buy EA instead of managed account service? in Experienced Traders May 17, 2010 at 01:24

I believe our clients are happy with the VTSS managed service and they're making money. About 130 pips per day since starting to track in the beginning of March...Theo [email protected] Trader Signals Service

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 12, 2010 at 00:18

System Update:Talk about snatching defeat from the jaws of victory. Wow, that was a painful past few days... 😲The good news is that Version 3.30B has been completed and implemented, and the system has just gone live as of yesterday with its first "pseudo master" type signal. The bad news is that signal ID VL #19 got out of sync in the chaos last week and the new pseudo master VL #18, based on the #19 market detection characteristics, is also potentially out of sync. So while the new signal will work well eventually, there may be continued pain (just like today) where we t...

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 07, 2010 at 22:53

Quick end of calendar week update:Current average pips per day, over the past 9.6 weeks since March 2/10 (that is, 48 trading days), is 138 pips / day.At our recommended most safe money management setting of 1:1 ratio base order sizing this is an approximate 1.38% daily compounded interest rate, before account management fees.This week was very interesting, with some very large swings due to the turbulence on the markets, the Greece issue, and the UK election. The US NFP did not seem to move the currency pair much. Due to the large and rapid price movements I helped the system along by closi...

So the contest has just began... in General May 07, 2010 at 06:15

It's true the results are misleading, but that's the nature of the contest I suppose. Everyone else is pushing the safety on their contest accounts so you've got to do that if you want to be contending for the top. Volatility Trader (my engine) is in second place right now but I don't think that will last as I've been doing damage control manually on VT today with the market hiccup and Greece and the UK election...Right now Volatility Trader on our demo contest account is cranked up to 1:8 money management which I might run on a very small account (perhaps around $2k or $...

Vista FX Managed Account in Trading Systems May 06, 2010 at 21:07

That seems to be a rather sweeping assessment. What evidence to you base this conclusion on?

Volatility Trader - 1:4 Demo in Trading Systems May 06, 2010 at 20:59

Hey!!I just noticed that if one sorts the contest systems by PIPs, Volatility Trader is in second place right now!I propose we change the rules to have winning system determined by PIPs, not $.

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 06, 2010 at 20:52

2010.05.06 - 14:39 MDT Update:As the system was somewhat weighted to the short side and there was some extreme volatility on cable about two hours ago, a number of short positions were closed manually in profit.This of course leads to the idea behind the next upgrade...The Hedge Protection Mode feature, which has been available as of the 3.2a version, will be tweaked for the next version 3.31. This "tweak" will modify the Hedge Protection Mode slightly to allow it to close draw down clone positions that are in the money, further reducing exposure on a single side.Also a note on the ...

Volatility Trader - 1:4 Demo in Trading Systems May 06, 2010 at 19:24

*** VOLATILITY TRADER Demo Account for MyFXBook Contest -- Mirroring Our LIVE Account Trades ***NOTE: The plan was to trade this demo at 1:4 ratio base order sizing (the standard VT money management sizing) but given the 1:200 leverage, the MM was changed to 1:8 ratio base order sizing.Note that while VT is a fully automated trading engine, a number of trades were closed manually today (2010.05.06) during the economic pandemonium that saw GbpUsd swinging up and down 150 pips in about 10 minutes. Normally this would not be done, but as the system was leaning somewhat heavily on the short side ...

Experienced Trader Resume in Experienced Traders May 06, 2010 at 06:21

Not knowing exactly the definition of "creditability" in this context, I'm afraid I cannot argue with you. 😄That said, and your opinion notwithstanding, I beg to differ: There is a certain implied endorsement in any choice of brokerage, unless one's publicly stated goal is to be ripped-off. And conversely, there certainly is not implied "credibility" in anyone's choice of broker, as the logical corollary of such a position is that there are no fraudulant brokers which is most certainly _not_ the case.(I must be beggin' to get flamed now... ...

Experienced Trader Resume in Experienced Traders May 06, 2010 at 01:37

You may not really know the reason that all traders hide their broker information.I used to hide my broker because I did not know if they would be good or bad and I did not want to appear to endorse a third party that I had little experience with and no control over.

FxDD 1K Demo in Trading Systems May 05, 2010 at 05:37

I would say just wait. Mine's the same and I'm thinking they will unlock the accounts at 7:00 Eastern as that's when the contest starts...

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 04, 2010 at 23:28

System Update:Release 3.2a has been completed and implemented, although the new functionality is currently turned-off until it can be modeled properly... More importantly, Rel. 3.3a is commencing which will use "pseudo master" trades to most likely significantly enhance the return/risk factor on master/clone ("DDC type") orders. Also of note is that a set of the weaker performing signals have been retired from the GBPUSD set and the strongest ones are being remodeled to be even better.This past week was the hardest one experienced since this logging was commenced, due mos...

So the contest has just began... in General May 01, 2010 at 23:20

Had some time this weekend, and had added another machine to our trading network anyway, so figured I would give this contest a try with the Volatility Trader. Of course, trading only $1,000 is five times less than the minimum that we trade client accounts, so there is a good possibility it will go bust immediately, as we can easily draw down that amount, especially at the 1:4 MM Volatility Trader will be using.Anyway, it should be amusing to see if such a small account lasts long enough to make it through the first few days or weeks. Also, it will be interesting to compare the kind of execu...

Volatility Trader Rel.3c - LIVE-A in Trading Systems May 01, 2010 at 17:44

Just an update on the status of VT... Late last night Release 3.2a was completed. We are currently waiting for an improved historical data set on GbpUsd to compare performance results, but the preliminary analysis of the hedging factor differential output looks promising. It is clear that this version's enhancements are able to keep the risk lower while trading by creating a tendency for more balanced hedging while trading.Probably the most important point of the release note quoted below is "The net effect of all of this behaviour is that the system will be less prone to extreme a...

All Quotes
AUDUSD	0.65341	USDCHF	0.9123
EURJPY	168.15	EURCHF	0.97873
EURGBP	0.8574	GBPJPY	196.075
EURUSD	1.07276	GBPUSD	1.2508
USDJPY	156.747	USDCAD	1.3656

EURUSD	1.07276	GBPUSD	1.2508
USDJPY	156.747	USDCAD	1.3656

Posts by tbuitendyk