Thanks goat. Sat wondering why it didn't trigger but for little purpose, because i can't go back and check anyway. Chuffed you made it back up come the end of the session...
Today's Horse Racing
as you mention it, how are you approaching recording bot sessions?
In particular; (i) are you still catching activity if there's a lot of price movement and (ii) do you have any way to switch between concurrent markets?
I managed to set up an AHK script to regularly sort by favouritism/re-centre ladders in conjunction with BA's market auto-switch which sort of addresses the first issue but it's still just a blanket approach which hopes to catch the useful stuff in the net at the end of the day, not hugely effective if running multiple bots at the same time.
I collect Day of the week, Date, Day of Experiment, Week No, Month, Odds Triggered & +/- £.... I enter that manually into an Excel table between races, from there everything else is either sumifs, avgifs & countifs that auto update other tables from the main one I use to enter manual data. I'm not more advanced than that but its not too bad because I'm only running one bot and its on a pc that's doing nothing elseeightbo wrote: ↑Tue Dec 01, 2020 7:10 pmas you mention it, how are you approaching recording bot sessions?
In particular, are you still catching activity if there's a lot of price movement and do you have any way to switch between concurrent markets?
I managed to set up an AHK script to regularly sort by favouritism and re-centre the ladders via macro in conjunction with BA's market auto-switch which sort of addresses the first issue but it's still just a blanket approach hoping to catch the useful stuff in the net at the end of the day not great if running multiple bots at the same time.
The reason I've done it that way is because like I've mentioned I can expand the No of ticks as I go, so it can lose in practice mode for as long as it needs but while it does I can collect what sort of spike to expect on a Tuesday in November between odds of 4-5.... from there I can use multiple rules to trigger differently between odds.
I collect market volume etc from the file I use for my manual trading so its not too hard to cross reference what the market structure was like at the time by going back and looking through it.
I actually did amazingly well, that was my only loss, however I feel I may have had my luck side of variance in anticipating direction... Some of my wins I'm thinking if I was on the other side what loss would I have taken?!
Yeah seems data capture would be the way to go. Ideally would be nice to have some reliable method to watch the activity before/during/after my rules fire during testing stages. Like a history list for all runners all prices record at 20ms or something.
I suspect you may find your spikes to be more random than that but all power to you if you find a guy who's predictably spiking the market on his lunchbreak or something. I remember I had bots fading spikes and losing. Iirc it was more effective to read the activity post-spike and decide to go with or against from there.
I suspect you may find your spikes to be more random than that but all power to you if you find a guy who's predictably spiking the market on his lunchbreak or something. I remember I had bots fading spikes and losing. Iirc it was more effective to read the activity post-spike and decide to go with or against from there.
That's irrelevant to you, you're simply at any one time in each market imo trying to be objective in a subjective environment.
I've edited because I've just seen eightbo also responded and it seems we both offered contradicting views. To clear that up, we did and eightbo is right, you should already have an idea of your downside.
My comment was more to do with it being after the fact and you're looking back wondering what your losses would have been.
Agree it's irrelevant, but it's made me think more about risk: reward, which I think is what you're saying with downside...jamesg46 wrote: ↑Tue Dec 01, 2020 7:33 pmThat's irrelevant to you, you're simply at any one time in each market imo trying to be objective in a subjective environment.
I've edited because I've just seen eightbo also responded and it seems we both offered contradicting views. To clear that up, we did and eightbo is right, you should already have an idea of your downside.
My comment was more to do with it being after the fact and you're looking back wondering what your losses would have been.
Nice quote from my boy dante which always stuck with me.
I've taken loads in unnecessary pre-race losses because sometimes I couldn't pull the trigger when the trade failed and I would pay a ridiculous amount in inflation later when I finally accepted the trade failed, sometimes 30ticks or more. Not pulling the trigger when trade fails is same as not defining your exit as both are not capping downside, just one consciously the other not.
Switching to an automatic stop (consistently capping downside) turned the exact same style of trading from losing to profitable.
"where you'll be wrong" being your risk on the trade, based on the premise you had going in.Tom Dante wrote:Strive to enter the market as close as possible to where you'll be wrong.
I've taken loads in unnecessary pre-race losses because sometimes I couldn't pull the trigger when the trade failed and I would pay a ridiculous amount in inflation later when I finally accepted the trade failed, sometimes 30ticks or more. Not pulling the trigger when trade fails is same as not defining your exit as both are not capping downside, just one consciously the other not.
Switching to an automatic stop (consistently capping downside) turned the exact same style of trading from losing to profitable.
https://youtu.be/M06DB2YunaAeightbo wrote: ↑Tue Dec 01, 2020 10:16 pmNice quote from my boy dante which always stuck with me."where you'll be wrong" being your risk on the trade, based on the premise you had going in.Tom Dante wrote:Strive to enter the market as close as possible to where you'll be wrong.
I've taken loads in unnecessary pre-race losses because sometimes I couldn't pull the trigger when the trade failed and I would pay a ridiculous amount in inflation later when I finally accepted the trade failed, sometimes 30ticks or more. Not pulling the trigger when trade fails is same as not defining your exit as both are not capping downside, just one consciously the other not.
Switching to an automatic stop (consistently capping downside) turned the exact same style of trading from losing to profitable.
Cheeky bit of alan watts, you naughty minx.
I often caught myself thinking about how, if I could enjoy trading as much as I do while losing money, then I must be on the right path.
I think a lot get into trading with money in mind but then it becomes about a lot more than that and doesn't end up being the main driver for keeping on.
I often caught myself thinking about how, if I could enjoy trading as much as I do while losing money, then I must be on the right path.
I think a lot get into trading with money in mind but then it becomes about a lot more than that and doesn't end up being the main driver for keeping on.
thanks for that -very interesting. this is my kids thing tbh, they rave on about Murray Buchin and the likes and guided me twds watching an interesting Adam Curtis documentary recently - Adam Curtis, The Century of the Self ... a worthwhile watch also.jamesg46 wrote: ↑Tue Dec 01, 2020 11:33 pmhttps://youtu.be/M06DB2YunaAeightbo wrote: ↑Tue Dec 01, 2020 10:16 pmNice quote from my boy dante which always stuck with me."where you'll be wrong" being your risk on the trade, based on the premise you had going in.Tom Dante wrote:Strive to enter the market as close as possible to where you'll be wrong.
I've taken loads in unnecessary pre-race losses because sometimes I couldn't pull the trigger when the trade failed and I would pay a ridiculous amount in inflation later when I finally accepted the trade failed, sometimes 30ticks or more. Not pulling the trigger when trade fails is same as not defining your exit as both are not capping downside, just one consciously the other not.
Switching to an automatic stop (consistently capping downside) turned the exact same style of trading from losing to profitable.
I've often said this, I quickly passed the hurdle where my trading was considered a success, but I carrying on now because I like the cut and thrust of trading and the intellectual challenge of finding new things. I would happily be here even if Bet Angel didn't exist.
Really enjoyed watching that. Freud has been on my to explore list for a bit now, so I guess this is where it's started.jimibt wrote: ↑Wed Dec 02, 2020 9:30 amthanks for that -very interesting. this is my kids thing tbh, they rave on about Murray Buchin and the likes and guided me twds watching an interesting Adam Curtis documentary recently - Adam Curtis, The Century of the Self ... a worthwhile watch also.jamesg46 wrote: ↑Tue Dec 01, 2020 11:33 pmhttps://youtu.be/M06DB2YunaAeightbo wrote: ↑Tue Dec 01, 2020 10:16 pmNice quote from my boy dante which always stuck with me.
"where you'll be wrong" being your risk on the trade, based on the premise you had going in.
I've taken loads in unnecessary pre-race losses because sometimes I couldn't pull the trigger when the trade failed and I would pay a ridiculous amount in inflation later when I finally accepted the trade failed, sometimes 30ticks or more. Not pulling the trigger when trade fails is same as not defining your exit as both are not capping downside, just one consciously the other not.
Switching to an automatic stop (consistently capping downside) turned the exact same style of trading from losing to profitable.