Tuesday, July 12, 2011

In machine we trust

Machine is smarted than us. PERIOD.

The end of the last week was bumpy. And it was not because of the economy nor news. Somehow the machine predicted a certain pattern for a given stock that we were not seeing, and it was supposed to be a very strong signal. But for some reason what the machine predicted didn't happen. The stock was supposed to fall, but it stayed flat for 2 days. The economic news should have shaken the stock. But nothing happen.
The real losses stated to add up and after 2 days I could not bear the pressure and I swapped manually that stock with some another ones, predicted to fall also. A few minutes after I closed the position, a massive sell off followed. We lost because of that a lot, but the other predictions were not that bad either, and we broke now 10%+ on C2, making $1,098 in less than a month.

When you trade with your own money, that is a totally new game! But we have no excuse, we backtested the machine and we should trust it. So lesson learned: "In machine we trust" from now on!


Started$10,000
Buy Power$11,098
Cash$1
Equity$1
Cumulative $$1,098
Total System Equity$11,098
Margined$1
Open P/L$0

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