Experiments in Spread-Betting Part II

ME = IDIOT

This blog and its writings represent my public, although still ‘private’ identity, front to the world. As such I try to keep the writing as professional and error proof as possible. As many have likely gathered I do not do a very good job of that as it is so when I make an error in calculation or conclusion, it looks especially bad. A few days ago I posted an experiment I was conducting on exotic options and a new systematic strategy. Thank god I paper traded it because as I was reviewing the results today I had what a co-worker once dubbed as a ‘senior moment’ and when entering barrier levels on a daily basis since Nov 3, I had an incorrect parameter as one of the inputs and hence, incorrect barrier levels.

ScreenHunter_01 Nov. 05 21.51The page scrolls down a few more pages but you get my point. Argh! I had to start all over again and I am unfortunately finding out that the real-world pricing does not offer enough edge given my new parameters as the old. At the very least I am not losing money which is always a good thing.

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~ by largecaptrader on November 5, 2009.

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