Finding an esoteric fund not £/$/€

How can I find a fund that is away from the £/$/€? A hedge fund really, not autotrading.



"Away from £/$/€" …try gold!



"A hedge fund really, not autotrading." I presume by this you mean a trading system with human input, not a purely mechanical strategy? There are some such ones on C2 but there is no way to filer on that criterion. Sometimes you can work out from the system blurb whether there is any human discretion involved, and if you see a system that looks interesting you can ask the vendor.



If that was not your question then please ignore the above :slight_smile:

I mean I’m looking for something mechanical.



Ideally though I’m after something like that, that generates signals by email, just because IB doesn’t support gen3 yet.



Can you recommend anything to help my search?

Mechanical, but with manual signal option.



re: Gold. This is different to other things, I reserve a little for that, but only a little.

Hi Jago,

Every system on C2 is tradeable manually. You can subscribe to any system without turning on auto-trade. In that case you will get trade alerts via email and via instant messenger window if you choose that option.



As for purely mechanical systems (i.e. those that generate trade signals according to a computer algorithm with no human input at all) yes there are those too and there are also discretionary and part-mechanical-part-discretionary as well. My systems are in the latter category. There is no way to tell which system is purely mechanical unless the vendor says so in the description or you ask them directly.



Dean.

"There is no way to tell which system is purely mechanical unless the vendor says so in the description or you ask them directly. "



Even then, beware. Many vendors will claim they have a mechanical system (which they feel is better because it supposedly eliminates emotion from trading), but when a big storm hits, they suddenly become a "temporary" discretionary trader, picking and choosing, or overriding, mechanical signals.



I have seen many "mechanical" systems here do just that. And it is almost always a bad thing.