Thursday, October 15, 2020

Catch Up Log IV

I've put the PoC Team in stasis since July. Overall they worked really well. However, I noticed that they had limitations. The experiment was successful, despite the limitations.

I will be moving my FX logs over the It's more private and not to much in the public eye.

Think I will at some point take the PoC team out of stasis. This experiment has ended.

Thank you for reading this log.

Wednesday, July 8, 2020

PoC Team Reasserts.

06:46 The PoC Team traded out the error from last night and ended up overall. It executed 6 trades consisting of 4 wins, 1 loss and 1 scratch. My only trade closed at a win also offsetting the error trade by 2/3rds.

06:50 I can now continue on from last Friday, going forwards, with the algorithms.

Catch Up Log III

22.22 Made an error on Monday 24:01 which adversely affected the PoC Teams parameters. This was costly and the risk was magnified. By Monday 08:00 I was down heavily. Traded back the losses by 16:00 on Wednesday. Numerous trades were put on.

22:25 Again the same error occurred, tonight, as I carelessly didn't reset the algorithms to the new parameters. This was most likely due to being distracted by conversations which affected focus. Discovered in time and closed at a small loss. I was hoping to continue where I left off from last Friday. This is not to be and now I'm back to trading out that small loss. However, now that the new parameters are set the PoC Team is back in play. The only difference is that I will be trading along with the PoC Team.

22:30 The lesson here is to check the algorithms have been reset and not defaulted back to old parameters.

22:34 Although, during this period, the winning trades were more than the losing trades, those losing trade were larger due to the erroneous parameters in the algorithm. I traded back the losses by taking smaller wins. During this time there was: 21 wins, 6 losses and 3 scratches. I've yet to see erroneous parameters produce large wins. It just so happens that they produce a loss.

Tuesday, June 30, 2020

Catch Up Log II

22:05 PoC team did 12 trades from 29th to 30th. 7 wins, 3 losses, 2 scratches. Nothing further to add. No new adjustments to parameters have been made.

Friday, June 26, 2020

Catch Up Log I

16:10 Over the past two trading days 7 overnight trades were executed by the PoC team consisting of: 4 wins, 1 scratch and 2 losses. No other trades have taken place. I adjusted the PoC team parameters before switching them on.

16:12 I'm still very much in a trading break frame of mind. Other non trading matters have caught up with me, so I don't expect to be doing anything until at least Tuesday next week during the London and New York open times.

Monday, June 22, 2020

Trading Break & Closed Position Trading.

09:58 Won't be doing much trading today. It's good to have a trading break.

15:37 A total of 15 positional trades closed as wins. This wasn't the PoC Team or algorithmic trading through trading robots on an intra-day. It was my own old school trading. The trades were put on last Thursday after pausing the PoC team. Admittedly, I used a trading robot to close the multiple positions when the target was reached. Old school trading instincts are very hard to explain so I won't be able to explain why I went ahead with putting on 15 positional trades over the long weekend and just chilled throughout.

15:40  I'm now back in a position where I can carry on with the PoC Team experimentation as if last Thursday and Friday results didn't matter. I won't do it right away and will most likely wait until Wednesday before trading again with the PoCs. I will have to alter PoC parameters which I will most likely do tomorrow. Still very much in a trading break mindset.

15:55 No log entries will be made tomorrow so see you all on Wednesday. Not sure if anyone is reading this blog, but if you are you're welcome. 

Friday, June 19, 2020

PoC Team on Pause.

08:00 Yesterday, the PoC Team was being picked off. The robots did eventually get the direction correct. However, they ended up down on the day. This calls for direct intervention. Whilst, I am at it, I might as well take a day off. So, it's an early weekend for me.  I can't but get the feeling that the FX market is manipulated. If the market does not behave or go in the direction of the manipulators then you get extreme movements of peaks and troughs until it eventually goes the way designed. Equally, there is a manifest disconnect in the short to medium term between fundamentals, as indicated by figures and market direction. It's all interesting stuff. It also explains why many trading houses and brokers soak retailers.