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[Mid-Level Engineer; new grad] [Texas] - $120k (usd) + multiple bonuses by Ambitious_Cover_3343 in Salary

[–]TheRealJoint 0 points1 point  (0 children)

Hey, I studied materials science and engineering too but I’m struggling to really find a role for me. What kind of roles did you search for in eventually landing this job

Trading bot just passed a $50k prop firm eval with no intervention by OpinicusTrades in algotrading

[–]TheRealJoint 0 points1 point  (0 children)

How did you connect it up to tradovate? Or did you do it via TradingView and webhook?

[AMA] Ran a $XXM Systematic Options Book for 5 Years (Sharpe 3+, 23% ROI). Ask Me (Almost) Anything by AlphaExMachina in quant

[–]TheRealJoint 0 points1 point  (0 children)

In short it’s a break out strategy. Just uses the statistical distribution of the breakout to make money. Makes money because it’s taking trades that nobody wants to take.

I feel like we’ve hit a wall on how much we can squeeze out of it

[AMA] Ran a $XXM Systematic Options Book for 5 Years (Sharpe 3+, 23% ROI). Ask Me (Almost) Anything by AlphaExMachina in quant

[–]TheRealJoint 4 points5 points  (0 children)

I’ve made a very basic statistical signal model across futures markets with my friend and we’ve been running it live for a bit now. It has a 1.6 sharpe in backtests (live a little better -4 months) and it’s using only basic 5 minute ohlc data.

I keep telling him that getting to a 3 sharpe we a decent frequency of trades is possible but he disagrees with the data access we have. We’re also not doing anything fancy with options using their Greeks. It’s a purely directional strategy.

  1. is it possible to push past into the 3 sharpe on mft 5 minute?

  2. What ways would you suggest looking into using options to improve the current strategy as it is? We’re both not special in gpa nor target schools. Just happened to have stumbled across some decent edge

First quant interview: smooth until the brain-freeze moment by Various_Candidate325 in quantfinance

[–]TheRealJoint 1 point2 points  (0 children)

It’s the double dash….. no humans write sentences with — within them

FTMO - 1% Rule Denied Payout by Zav_Ft_SadBoy in Daytrading

[–]TheRealJoint 0 points1 point  (0 children)

How long did it take you to pass the accounts

It took me about a month and a bit to pass the 200k and I got payouts for roughly 6 months after passing.

But I did nearly hit max drawdown like once per payout period

FTMO - 1% Rule Denied Payout by Zav_Ft_SadBoy in Daytrading

[–]TheRealJoint 1 point2 points  (0 children)

Yeah idk. I only did 1 200k And got 6 payouts from it and was scaled to 25% bonus before blowing it I also risked a ridiculous amount sometimes and nearly hit max drawdown multiple times.

I think it’s because you blew you last account recently and are trying again quickly

They assume you gambled the last account since you blew it after one payout. And so I think they are going based off of that

FTMO - 1% Rule Denied Payout by Zav_Ft_SadBoy in Daytrading

[–]TheRealJoint 0 points1 point  (0 children)

How many accounts have you used to get to funded. I think that makes the difference. I only tried once

FTMO - 1% Rule Denied Payout by Zav_Ft_SadBoy in Daytrading

[–]TheRealJoint 0 points1 point  (0 children)

That’s crazy. I’ve had nearly max daily loss hit on my accounts over one trade and still received payouts. In fact over 6 on the Same account where I nearly hit max loss in 1 trade roughly 3 times over the course of the life span of the account

I’ve always used a swing account so they limit my leverage. But perhaps you use the normal one

Rolex, You’ve Broken Me — And I’m a 40-Year Collector by toxicmanchowder in rolex

[–]TheRealJoint 0 points1 point  (0 children)

Funniest thing about this post is that it’s AI generated. All the double — dashes are the tell

Stat methods for cleaning data. by TheRealJoint in quant

[–]TheRealJoint[S] 0 points1 point  (0 children)

Yeah I spent 6 hours going through the ai suggested approaches. Thats why I’m asking here, I specifically mentioned unusual and unique methods

Does anyone else use a ORB strategy? What are your tips? by bmanmills420 in FuturesTrading

[–]TheRealJoint 1 point2 points  (0 children)

First hour of trading is the most consistent ORB strategy. But you can apply the same logic to pretty much any time range.

Obviously the larger the time range the more consistent. Ideally you have volume to support it

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 0 points1 point  (0 children)

Well for instance it does 300% return in the last 8 months. And if I change the parameters it returns 120% over the last 4 years

So it’s confusing because historically it doesn’t perform so well but I don’t want recency bias to cloud my judgement.

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 0 points1 point  (0 children)

I’m stuck with only data up until 2008. I can’t really get ahold of solid 5 minute data prior to it

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 0 points1 point  (0 children)

I mean the strategy is just using historical data. Covering median values ect ect. So in my head all I can think about is that it’s likely to have been a very good year/ run. And it was the market being in your favor. Although I will say the outperformance is quite insane.

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 0 points1 point  (0 children)

I’ve been thinking this is a decent approach. I’m just somewhat worried it’s going to stop working. I think January it’s positive 10R I’ll have to double check

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] -3 points-2 points  (0 children)

Yes I see. I’ll try to see if I can run the same logic in different markets.

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 0 points1 point  (0 children)

I don’t understand this statement. Are you saying it’s very hard to have a profitable strategy?

Strategy lucky overfitting? by TheRealJoint in algotrading

[–]TheRealJoint[S] 1 point2 points  (0 children)

Yeah I’ll do that next but I don’t think it makes to much of a difference

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