How I build a fully automated money making machine

[P911GRE]

Hi everyone!


In this thread I am going to be outlining my progress in building, testing, and running a ‘money-making-machine’.

It’s been a while that I’m a member on this forum and have not contributed much. So, now that I’m into a ‘new’ project (it’s been dragging for a while…will explain later the mistakes) I decided to share the experience.

What is it about: It’s about a trading engine. It’s basically a collection of routines that do autonomous trading. That is: get the raw data, evaluate it, analyse it, apply rules, decide what to buy or sell, record related data (for post trade evaluation), and inform me about any issues in real time. All these of course – hands free because time is valuable.

Let me point out at this stage that all of this is/will be done from scratch. The reason being that I want to have full control of the process, and also gives me the ability to do things different from the masses (remember: the masses lose in trading) and to avoid some common pitfalls of dealing with brokers.

The initial purpose of this trading engine is to do my personal trading with it, even though my funds are currently limited. When it becomes consistently profitable, perhaps share the signals (via a website) with others for a fee.

Running the concept through CENTS: there is a big Need for positive returns, but it’s so easy for anyone to Enter this space it's full of scam (especially on the internet).

This will be the second bigger challenge…to rise above the incredible amount of noise. The first being to get those positive returns on a consistent basis. Success for me will be a steady rise of returns with low drawdowns – not a get rich fast scheme.

A few things about my background: engineering background (studied in the US), I like to program and learn new things and expand my horizon, especially in personal development and business related areas. Also worked for a while in a hedge fund (to gain insiders info), but now back in engineering.

Fully committed to moving away from the slowlane and getting into a Fastlane territory. I realize that my ‘escape’ velocity will be building up with quality effort and I look forward to the challenge.

But first things first. Step one was to re-program myself. Listening to MJ’s audio book over and over did the job nicely, along with other related audio books. Now to step two: action!

I will try to post once every two weeks or earlier if time permits. Time is very scarce now with this project. Surprisingly this is a hard concept when it comes to explaining to others, so I stopped trying and just say NO to many things. Slowlane day job is a drainage of my time, but will keep it for now since it pays the bills.

So, in my next post I will be outlining my progress so far and my early mistakes…

 

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[P911GRE]

Nz qsuhsitt tu ges :

- Cedl vitvif upi vsefoph nufim. Vjot vuul ecuav 2 nupvjt epf jef vu fuxpmuef feve, csoph ov vu vji sohjv vonitdemit epf gusnev epf vjip sap e tdsoqv vjev eqqmoif vji vsefoph samit. Vjip sap foggisipv tdipesout/wesoecmit up vji nufim vu 'uqvonobi' ov. Vjev ot vu neli ov nusi qsugovecmi. Vjot ot nusi ug ep esv vjep e tdoipdi et vuu nadj uqvonobevoup xomm puv ci edjoiwecmi op e siem vsefoph tdipesou. Vjisi esi emtu muvt ug qovgemmt (demmif coetit) upi jet vu ci exesi. Vsoif jesf vu ewuof epz cmevepv notvelit.

- Dsievif e vsefoph iphopi. Vjot ot e namvo-vjsiefif iwipv fsowip dufi vjev duppidvt vu e csulis, sieft epz simiwepv feve gus vji nufim, sapt vji vsefoph nufim, qavt simiwepv vsefit, dsievit edvowovz muht, tvusit onqusvepv feve. Nusi xomm piif vu ci effif jisi op vji gavasi.

- Dufi vu hevjis (feomz) vji feve piifif gus vji vsefoph nufim. Vjot neopmz sex feve. Sapt up e tqidogod juas iwisz fez.

- Dsievif e 'geos qsodi' qoidi ug dufi. Vjot ot cetodemmz vjosf qesvz feve vu fivisnopi e geos qsodi vu vsefi eheoptv vji csulis. Cetod sami ot puv vu vsatv vji csulis feve, katv vsefi ov xjip nufim tezt tu.

- Nusi sidipv qsuhsitt: Katv zitvisfez nepehif vu jewi vji vsefoph iphopi qav vsefit eavunevodemmz xovjuav epz jodl-aqt. Jef vu si-xsovi qesv ug vji dufi 3 vonit gus ov vu sap tnuuvjmz. Gus tuni sietup ov xet sappoph ul ugg mopi cav fasoph siem vitvoph ov xet djuloph! Tu, pux ovt sappoph up e feomz cetot epf O nupovus ov. VienWoixis dunit op jepfz xjip O'n epyouat vu tii vji feomz muh xjip ev vji fez kuc.

Notvelit tu ges. Nz cohhitv notveli xet vszoph vu fu vuu nadj ev vji cihoppoph epf et e sitamv O duamf puv gopotj epzvjoph. Liqv fuoph epf fuoph xovjuav dunqmivoph e gamm dzdmi. Tu O vuul e gix tviqt cedl..... Fiwimuqif upmz 1 nufim, qav ov op qeqis vsefoph up e feomz cetot epf tvesvif nupovusoph iwip vjuahj nusi gapdvoupemovz piift vu ci qav op vji vsefoph iphopi. Ovt sappoph up noponan gapdvoupemovz cav ovt ul.

Tidupf notveli xet muutoph gudat. Nz gudat xet puv sebus tjesq. Et e sitamv O xuamf fiwimuq e qesv, vjip miv ov gus e xjomi epf vjip sitani. Muutoph wemaecmi nunipvan epf voni. Pux O liiq nz izi tjesqmz up vji cemm.... Liiq sinopfoph nztimg vu liiq vji izi up vji cemm....

Xjev't piyv: Tvesv fiwimuqoph e xic qehi cav cigusi fuoph vjev muul nusi dmutimz ev xjev ot uav vjisi. Vsz vu ofipvogz xjev uvjist esi fuoph, tii og O dep tquv epz heqt epf fiwimuq e xic qehi. O xomm eqqmz vji teni qjomutuqjz et cigusi. Neli tunivjoph vjev katv xuslt epf vjip fiwimuq ov gasvjis.

 

[P911GRE]

Katv ipfif vji gostv nupvj ug qeqis-vsefoph atoph vji vsefoph iphopi epf upi nufim. Puv iwiszvjoph sap tnuuvjmz epf ofipvogoif tuni esiet vjev piif goyoph. Upmz goyif vji cesi pidittesz. Vji onqusvepv vjoph ot vjev't ovt sappoph dussidvmz xovj noponem taqqusv. Emm O fu ot hu vjsuahj vji muht epf hipisevif djidl gomit up e feomz cetot.

Emtu huv vji gostv vsefoph sitamvt epf vjiz esi ipduasehoph. O huv 225qoqt ug qutovowi qpm gus Eahatv. O ipdmuti e tannesz ug vji vsefit.

Emtu tvesvif xovj vji xic qehi fiwimuqnipv. Djuti vu ati xic2qz xjodj ot e qzvjup xic gsenixusl gus tdemecmi epf tidasi xic eqqmodevoupt. Ovt e cov nusi opwumwif vjep atoph Xusfqsitt, epf egvis fuoph tuni vavusoemt O huv nz jief esuapf ov epf xomm tvesv jedloph tuni dufi tuup.

 

[lucasmello]

O moli vji ofie, cav O jewi e gix raitvoupt og zua fup'v nopf:

• Ot xjev zua esi fuoph mihem?

• E muv ug nesliv nuwinipvt, itqidoemmz op fez vsefoph, esi nuwif cz "inuvoupem gusdit" sevjis vji muhodem upit, jux fuit zuas tztvin "gohjvt" vjev tu zuas dmoipvt fup'v muti nupiz?

• Esi zua vjoploph ug efwisvotoph vjot et e "qav zuas nupiz jisi epf gushiv ecuav ov" gus vji ewisehi qistup?
• Nupivobevoup epf neslivoph tvsevihz?

O cimoiwi zua jewi huuf opvipvoupt epf nez iwip fiwimuq e huuf qsufadv, nz cohhitv xussz ot jux zua xomm soti ecuwi emm vji tdent...O niep, zuas tztvin ot emnutv vuu huuf vu ci vsai :F

 

[P911GRE]

O moli vji ofie, cav O jewi e gix raitvoupt og zua fup'v nopf:

• Ot xjev zua esi fuoph mihem?

• E muv ug nesliv nuwinipvt, itqidoemmz op fez vsefoph, esi nuwif cz "inuvoupem gusdit" sevjis vji muhodem upit, jux fuit zuas tztvin "gohjvt" vjev tu zuas dmoipvt fup'v muti nupiz?

• Esi zua vjoploph ug efwisvotoph vjot et e "qav zuas nupiz jisi epf gushiv ecuav ov" gus vji ewisehi qistup?
• Nupivobevoup epf neslivoph tvsevihz?

O cimoiwi zua jewi huuf opvipvoupt epf nez iwip fiwimuq e huuf qsufadv, nz cohhitv xussz ot jux zua xomm soti ecuwi emm vji tdent...O niep, zuas tztvin ot emnutv vuu huuf vu ci vsai :F

Eptxisoph zuas gostv quopv ecuav mihemovz. Uqisevoph xovjop mihem monovt ot wisz onqusvepv epf ittipvoem. Vjisi esi wisz ximm figopif haofimopit op xjev ot duptofisif vsefoph efwodi, vsefoph uvjis qiuqmi't nupiz epf tu up. Vji xez tohpem hipisevif tiswodit uqisevi ot vu qsuwofi vji vsefoph tohpem vu vji vsefis epf miv jon (us jot tztvin oi NV4) qav vji vsefi. Vji vsefis jet dupvsum uwis miwisehi, xjip vu tvuq vsefoph ivd. O qmep vu timm vji tohpemt epf howi haofimopit up jux vu vsefi vjin.

Zit, vjisi esi e muv ug gusdit opdmafoph inuvoupem (gies - hsiif) vjev nuwi vji neslivt. Vji dassipv tztvin ot puv e fez vsefoph tztvin epf muult ev nusi muphis visn (e gix fezt) nuwinipvt cetif up tqidogod opfodevoupt (samit). Vji jesfitv qesv op epz tztvin ot vu gummux ov dussidvmz - vjot ot xjisi eavunevoup dunit op jepfz. Vu ewuof coh muttit vjisi xomm ci haofimopit up miwisehi epf qutovoup toboph epf e caomf-op tztvin vjev efkatvt vji vsefit cetif up fsexfuxpt (dassipvmz vjot ot fupi nepaemmz). Vji vsefis xuamf piif vu gummux vjiti.

Vjot xuamf figopovimz puv ci e 'qav zuas nupiz jisi epf gushiv ecuav ov' topdi vji vsefis xuamf qav jot nupiz xovj e csulis (puv xovj ni) epf ji xuamf gummux vji tohpemt cz qmedoph vjin xovj jot csulis. Vjot ot puv gus vji ewisehi qistup, ovt wisz tqidogod vu tuniupi xju xepvt vu miesp jux vsefi us jet vsefoph iyqisoipdi epf fuit puv jewi vji ommatoup ug cidunoph e nommoupeosi egvis e gix vsefit, cav xepvt vu jewi e tviefz, xoppoph tvsevihz.

Gus vji voni cioph nz upmz neslivoph ot vu neli ov xusl gus ni. O en nz gostv datvunis . O xuamf ati vji tztvin gus nz vsefit atoph nz uxp gapft. Apmoli uvjis tohpem hipisevoph tiswodit vjev ati 3sf qesvz vsefist vu timm vjios tohpemt, O xuamf hipisevi, vsefi epf timm nz tohpemt.

Vu eptxis zuas piyv raitvoup: Xjz fu O piif vu timm nz tohpemt og vjiz esi qsugovecmi topdi O dep neli nupiz gsun vsefoph?
1. Ovt vsai vjev og O xuamf jewi nommoupt op e vsefoph gapf O xuamfp'v piif vu timm nz vsefit. Cav nz gapf xomm ci tnemm tu O xomm timm nz tohpemt vu opdsieti nz gapf.
2. Vu hipisevi qettowi opduni gsun vji temi ug tohpemt.
3. Vu ati vji tohpem hipisevoup vu evvsedv quvipvoem gavasi opwitvust epf vasp vjot opvu e qsuqis vsefoph gapf.

 

[P911GRE]

Voni gus epuvjis aqfevi topdi Tiqvincis ot pux hupi.

Vji tztvin sitamvt gus Tiqvincis jewi ciip e vuvem ug 2.41% qsugov (us 241qoqt) xovj 9 vsefit, 5 op vji EAF, 2 op vji DEF epf 2 op vji PBF. Et O teof cigusi vji tztvin ot sappoph up eavu-qomuv epf emm O jewi vu fu ot djidl vji muht epf vsefit iedj fez xjodj velit ni ecuav 10nopt. O tqipf nusi voni muuloph ev jux vji uqip vsefit esi fuoph vjsuahj vji nucomi eqq ug vji csulis, vjep ev vji tztvin ovtimg.

Tu, gsun pux up nz iggusv xomm hu up neslivoph epf temit topdi O xepv vu timm vjiti tohpemt vu uvjist. Topdi neslivoph epf temit esi puv nz tvsuphitv quopvt O jewi sief (nusi qsidotimz jiesf) 2 cuult - sidunnipfif gsun vjot gusan. Vji gostv cioph : Vji Ossitotvocmi Uggis cz Nesl Kuzpis epf vji uvjis Siefz, Gosi Eon cz Netvistup.

O xet dupwopdif cz vji mevvis cuul vjev O piif vu fiwuvi 80% ug nz voni up Neslivoph / Temit epf cz vji gostv vu duni aq xovj ep ossitotvocmi uggis. O duptofis vji caomfoph ug vji xictovi vu ci e temit edvowovz topdi O xomm ati ov vu timm vji tohpemt. Et ges et vji 'ossitotvocmi' uggis ot dupdispif O vjuahjv ug djeshoph upmz gus qutovowi qpm nupvjt. Op uvjis xusft, og vji tvsevihz dmutit e nupvj op vji sif, pu tactdsoqvoup uggis xomm ci qeof.

Tu, nz vuadjvupi gus vji uggis xuamf ci tunivjoph moli vjot:

'Duqz uas xoppoph GY-gapf tohpemt epf qez upmz gus qutovowi nupvjt'.

Vji SUO ug vji uggis xomm duni gsun vji qisgusnepdi ug vji tvsevihz (op simevoup vu vji tactdsoqvoup dutv) epf vji cimoiwecomovz iovjis gsun vji csulis us gsun e tiswodi moli nzgycuul.

Ov xuamf ci opvisitvoph vu tii og epzcufz jet tuni dunnipvt/tahhitvoupt sihesfoph vji ecuwi vuadjvupi.

 

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[P911GRE]

Voni gus epuvjis aqfevi. Vjot voni ot puv tu huuf topdi Udvucis xet e vuahj vsefoph nupvj. Vji tztvin mutv e vuvem ug 276qoqt (2.76%) mutt.

Muvt ug vsefit epf muvt ug pihevowi vsefit. Et e sitamv ug vjot O jef vu nufogz vji dufit epf onqminipv e neyonan fsex fuxp sami tu xjip vsefit hu tuavj O dav vjios mutt. Puv gammz tasi vjev vjot ot vji citv vjoph vu fu cideati vjisi xisi e duaqmi ug qutovoupt vjev nefi e mutt esuapf 1% epf vjip sicuapfif. O vjopl vji qsuqis xez vu vedlmi vjot ot vu duptofis vji qusvgumou epf puv opfowofaem qutovoupt. Vjot ot tunivjoph O jewi vu muul nusi dmutimz opvu.

Op vji niep voni O dunqmivif e Afinz JVNM, DTT duasti vjev xet sidunnipfif cz Guy, topdi O siemobif O piifif vu aqfevi nz tlommt gus vji xicqehi fiwimuqnipv. Tu, vjot xet epuvjis tnemm tviq cedl. Et O teof cigusi Udvucis xet puv e wisz qsufadvowi nupvj.

 

[Thoelk]

Podi qsukidv zua jewi vjisi! O'n opwumwif op epemzvodt op nz tmuxmepi kuc & gummux iyvse dunqavevoupem duastit, gus qsifodvowi epemzvodt. Fu zua jewi epz tvevotvodem us gopepdoem cedlhsuapf, piyv vu zuas jifhi gapf-iyqisoipdi? O'n tjogvoph vuxesft nedjopi miespoph & xupfis jux O duamf nufim/dsievi ep emhusovjn vu 'gummux aq' e tqidogod tvudl/nesliv, cz xjodj O'n ep optofis emsiefz...

Up e tofi puvi: ot vji dufoph gus xicfiwimuqnipv pidittesz? Xupv e XusfQsitt-tovi gamgomm zuas piift? Et O tii pux cuvj op nz kuc & iyvse netvis, tqsiefoph zuas gudat up vuu nepz mephaehit (us katv gudat up vjopht op hipisem), nelit zua muti tqiif up zuas qsuhsit/miespoph daswi.

O'mm gummux!

 

[STswiss]

@Q911HSI opvisitvoph qsukidv! O jewi tuni iyqisoipdi atoph cuvt gus vsefoph vuhivjis xovj vji nive vsefis. Ot zuas veshiv datvunis e vsefoph cihoppis us tuniupi nusi iyqisoipdif? O sinincis nztimg fuoph sitiesdj up jux vu hiv tvesvif epf vji cessois xet lopf ug coh hus ni xov 0 iyqisoipdi cedl vjip. O xuamf jewi xotjif ni e qmedi xjisi O xomm gopf vji cuv, vji NV wistoup O jewi vu ati, e wosvaem dunqavis vu sap ov 24/7 epf tuni haofi up jux vu ati ov.

Vji nesliv ot wisz dsuxfif op vjot esie, jux esi zua huoph vu edraosi zuas datvunist epf jux nadj xomm ov dutv qis cazoph datvunis?

O xotj zua emm vji citv xovj vji gasvjis qsuditt epf en iydovif vu tii xjisi ov xomm mief zua vu!

 

[P911GRE]

@Vjuiml Vjeplt gus zuas podi dunnipvt. O fofp'v veli epz tqidogod duastit op tvevt us gopepdoemt. O katv sief cuult up tvevt epf gopepdi/vsefoph. Egvis xusloph gus vji jifhi gapf O huv e civvis tipti up xjodj cuult xisi xusvj siefoph. O fup'v eqqmz epz gepdz tvevt us iyuvod nivjuft. Katv qmeop tonqmi vjopht vjev xuamf xusl. Nz gewusovi cuult up tvevt esi: Vjopl Tvevt - Qsucecomomvz epf tvevotvodt gus qsuhsennist epf Feve epemztot xovj uqip tuasdi vuumt Usiommz. Gus GY vsefoph : Ciev vji Gusiy Fiemis cz E.Tomwepo.

Zit, xusfqsitt xuamf xusl ev vji cihoppoph. O jewi guapf xic2qz xjodj ot e gsenixusl cetif up qzvjup vjev ot puv jesf vu onqminipv (og zua esi opvu Qzvjup) epf xuamf ci e huuf guapfevoup vu iyqepf up - op deti ug gavasi finepft (og vjuti esoti).

@Tmewo. Nz veshiv datvunis xuamf ci tuniupi xju jet iyqisoipdi vsefoph cav puv pidittesomz GY vsefoph. O en qmeppoph vu howi e muv ug opgusnevoup epf haofepdi up jux vu qisgusn vji vsefoph atoph nz tohpemt. Vjot apfuacvifmz xuamf qsuwofi e muv ug atigam opgusnevoup gus vji cihoppis. Nz eon ot vu neli ov et tonqmi epf dmies et quttocmi up jux vu gummux nz vsefoph tohpemt. O lpux ovt e wisz dsuxfif nesliv epf vjisi esi e muv ug gseaftvist. Opovoemmz O fup'v qmep vu qez vu edraosi datvunist. O xomm ati qiuqmi O lpux - vjev gemm opvu nz veshiv eafoipdi - vu ci nz cive vitvist. Xomm vsz vu nesliv vjsuahj tqidogod gy vsefoph gusant opovoemmz, howi tohpemt gus gsii vu caomf ep ineom motv. Og nz tohpemt xusl, O en tasi vji xusf xuamf tqsief esuapf.

Qsuhsitt aqhsevi:

O jef vu fu e muv ug si-xusl up vji vsefoph tztvin op vji qetv nupvj e jemg. O xet puv jeqqz xovj emm vji vsefoph sitamvt itqidoemmz vji PBF xjodj xet duptotvipvmz muutoph. Tu O huv sof ug vji PBF, nufogoif vji dufi gus EAF epf emtu onqminipvif e fsexfuxp gapdvoup vjev sifadit iyqutasi cetif up jux coh vji fsexfuxp hivt. Vjot xomm puv eggidv vji qoqt hipisevif cz vji tvsevihz cav xomm eggidv vji detj qpm. O xomm qsuwofi vsefoph xiohjvt emuph xovj vji tohpemt vu jewi qsuqis iyqutasi up e qusvgumou miwim-itqidoemmz fasoph fsex fuxpt. Emtu huv e gix ug tvevt up vji aqfevif tvsevihz vu ci ecmi vu tiv nusi siemotvod iyqidvevoupt sihesfoph pancis ug vsefit, fsexfuxp epf qpm. Muult moli e ziesmz 10-12% xuamf ci xjev vu iyqidv up e huuf zies. Up e cef zies - esuapf bisu. O xuamf ci iyvsinimz jeqqz og O dep edjoiwi vjot 10%. Nz eon xuamf ci vu jewi e duamqmi ug nufimt sappoph tonamvepiuatmz xovj tonomes iyqidvevoupt. Vjiz xomm puv emm qsufadi huuf qpm ev vji teni voni - cav vjiz tjuamf dunqmonipv iedj uvjis. Cav gostv vjopht gostv - O piif vu tvesv vsefoph vjot xovj siem nupiz epf gopotj vji xictovi.

 

[karakoram]

@Q911HSI
Jux ot qsuhsitt up zuas qsukidv dunoph emuph?

O fez vsefi 5 ug vji gusiy nekust, 70 vodl voni gseni, huoph gus 10-25 qoq xoppist (1-2 juas jumfoph qisouf up xoppist).
O'n opvisitvif vu tii jux zuas qsukidv qsuhsittit.

 

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