Devil in the detail

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ruthlessimon
Posts: 2094
Joined: Wed Mar 23, 2016 3:54 pm

ShaunWhite wrote:
Tue Apr 23, 2019 4:51 pm
Give the guy a break ffs

btw KL, adding 10p to 17 winners is sometimes easier than adding 50p to 3 losers. Most advice you'll see says look at the losers first but that's illogcal imo. Making a big difference to a small set of results often isn't as effective as making a small difference to a large set of results. Afterall you're doing automation, automation is all about scale and fixing a few outliers isn't always the answer.

It also the case that you can sometimes make a bot more profitable by making it LESS profitable per race. If you reduce it's individual race effectiveness by 10%, but that means it trades twice as many scenarios, then that's better than a strategy that makes 100% greens but only does so 3 times a day.
Well it's good he hasn't been given a break; cos your post is f4ckin' solid

That's golden that one, really like it :)
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

ruthlessimon wrote:
Tue Apr 23, 2019 5:01 pm
That's golden that one, really like it :)
ty ty. The only important thing is the bottom line. I don't especially give a rats ass about pl on individual races or the overall strike rate.
Tweak it, run it, log the results, is it better or worse?...repeat. Ideally keeping the variables to an absolute minimum so that the number of tweak combos don't get out of hand.
eightbo
Posts: 2166
Joined: Sun May 17, 2015 8:19 pm
Location: Australia / UK

kinglouie wrote:
Tue Apr 23, 2019 6:34 am
I not sure posting my P&L is relevant on that basis or is having to defend claims I have not made in relation to a bot, rule or strategy being able to provide a green figure on every trade.
You posted the daily P&L so thought ya might care to share smth longer term. If not no worries.
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kinglouie
Posts: 81
Joined: Mon Jul 12, 2010 1:45 pm

Its good to reflect on posters comments and true to society today, it is evident that there are those who read what they want things to say and those who read what things actually say.

Whilst not directly linked, some of you make take something from this clip in relation to trading, some of you may not, in my view its worth the watch, enjoy.

https://www.youtube.com/watch?v=MzS5V5-0VsA
eightbo
Posts: 2166
Joined: Sun May 17, 2015 8:19 pm
Location: Australia / UK

Ackoff was a wise individual.

People view the world through their own filters. Assuming you know how others are interpreting information however is just another example of this.
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