MK
Completely agree with you. You provide an excellent and unique service. You cut across a lot of instruments and provide a lot of flexibility and functionality. There are going to be glitches, and that is life. You don’t provide the data, you subscribe to it.
Although some might expect you to walk on water, I am sure you are doing what seems most reasonable/realistic. Sometimes, regardless of what you decide, it will be viewed as the wrong this. But anyone who thinks there is anything out there that compares with C2 will have a long search
OK - I can accept the explanation. I’m sure that a good job is being done here.
But if bad fills are getting through on a regular basis then I wonder whether the concept of autotrading is feasible. It’s OK for the system providers to have their performance records patched up after the fact but what about the poor subscribers who are autotrading with real money on the line?
The other observation I wish to make is - If trading accounts are being modified regularly then one must understand what affect that would have on a real subscriber and should be reflected in the realism factor. Obviously the higher the leverage the more effect.
Actually, AutoTrading is a bit differemt. Systems with subscribers who AutoTrade in real brokerage accounts actually experience a bit more “discipline” since subscribers’ real-life fills are often used by C2 as prices instead of hypothetical prices from feeds.
>But if bad fills are getting through on a regular basis then I wonder whether the concept of autotrading is feasible.
Auto-trading is only feasible if you are auto-trading your own system. Auto-trading automates the order entry process once, what to trade, when to trade and how much to trade are known.
Using auto-trading as a auto-pilot is futile and dangerous because faith is a short-circuit to knowledge and destorys your mind…
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
I would encourage all those who wish to auto-trade to start a system at C2 and manually enter the trades through their own system after receiving signals from the vendor(s). May seem hard to do, but believe me it is the safest way…
Matthew - From your description it sounds like there is a feedback mechanism from the auto-trading subscriber back to C2 where the artificial intelligence takes into account this information? OK.
Did you ever resolve the problem of some subscribers getting fills while others don’t? Sorry for all the dumb questions. I don’t plan on ever using autotrading or setting up a system which uses autotrading. My curiosity is getting the better of me.
Palsun - It is quite possible that there is a little white pill for your condition. Medical advances are being made on a regular basis.
>Did you ever resolve the problem of some subscribers getting fills while others don’t?
Markets are like that…
>I don’t plan on ever using autotrading or setting up a system which uses autotrading.
Sorry to hear that. You are missing the latest advances in Artificial Intelligence…
>It is quite possible that there is a little white pill for your condition.
You mean the sleeping pill? It is for people who can’t seem to sleep well. I sleep like a baby, because I’m happy…
>Medical advances are being made on a regular basis.
So does in Artificial Intelligence, for instance auto-trading…
Yes. Generally subscribers have a choice of using a “convert limit to market” feature which insures that they stay in sync with the system. Depending on the broker/autotrading software, a subscriber can specify that, if a limit price is hit somewhere in the market (but not in his account), he’ll wait ten seconds (or whatever time he specifies), and then fill at the market.
By the way, if you are not certain about autotrading, why not give it a try using a simulated brokerage account? These accounts are much like real accounts, but no real money is used. Open E Cry (futures), Bulldog FX (forex), and Interactive Brokers/TradeBullet (stocks and options) allow simulated trading.
Finally, we are about to turn on OptionsXpress. This will allow trading of stocks, options, and most electronic futures.
Matthew - I might try autotrading someone else’s system sometime in the near future with a simulated account. Sounds like an interesting project. I would also appreciate it if the web-site included a detailed description of how autotrading works, the pitfalls, known issues, etc.
Palsun -
"You mean the sleeping pill? It is for people who can’t seem to sleep well. I sleep like a baby, because I’m happy… "
I didn’t mean the sleeping pill but the reason why you sleep like a baby may be more obvious than because you are happy
I meant a pill to cure your uncontrollable philosophical verbage.
>I meant a pill to cure your uncontrollable philosophical verbage.
It is not a disease which needs a cure…I understand your resentment which arises from your inability to refute them… Also, you don’t understand that whenever you are expousing ideas, you are infact philosophizing…
The integrations of sensations into percepts (as when one takes a look at the equity curve), is performed by the brain automatically. Philosophy, therefore, has no advice to offer in this regard. There can be no advice where man has no power to choose his course of behavior.
In regard to a more complex kind of integration, which we do not perform automatically, like forming concepts (rejecting an open equity curve in favor of a closed equity curve or rejecting open temporary drawdowns in favor of closed permanent drawdowns), philosophy does have advice to offer - volumes of it. I mean the integration of percepts into concepts. This brings us into the threshold of the conceptual level of consciousness and to the second issue in the anteroom: volition or choice. It is a human choice whether to base concepts on objective evidence or on subjective evidence…
Now I’m off to sleep…
ps: I meant subjective non-evidence which poses as objective evidence…
Palsun - your problems are more serious than I thought. And I have to apologize to the C2 community for awakening a sleeping ant.
>your problems are more serious than I thought.
Indeed. The problem is so serious that if mankind has to survive it has to make the choice I mentioned previously and sooner than later. The wrong choice would unfortunately prove to be disastrous as history would amply attest time and again… I guess that is how the blind statue (with scales) meets out its justice…
I’m really off to sleep now…Good Night…
… likewise, when a caterpillar molts and then undergoes metamorphosis, you’d still be calling it a caterpillar even as it flies away.
ps: sorry, I meant the blind-folded statue symbolizing justice (which is not blind to the facts of reality). What the blindfold shuts out is any feeling detached from facts, whether the feeling be desire or fear, pity or hope, hatred or love. What it shuts out is the subjective and the arbitrary, leaving the individual free to engage in a purely rational process of cognition…
Palsun -
The beautiful thing about your posts is that I can skip right to the end and not feel like I have missed anything.