International markets traders banter

[Joules MM1]

All I can say is, being a student at the school of hard knocks doesn't come cheaply. Being at the beach worrying about the robustness of my algo doesn't sound too good to me.

tsk tsk.....get an algo that make phone calls to your broker.....he's an algo too, isnt he?

 

[Trembling Hand]

I've seen a few things in my time go wrong ld:. Two of the most common is having to call and close trades over the phone because of lack of internet. The second and more alarming one is exchange problems. I've seen the SFE go down about 5 times. Honkers close because of storms etc.

Only thing you can do is use a different broker and different instrument and try and get a hedge. Never a pleasant experience.

 

[Punta]

If I lose connection, I have a problem.

Totally agree, massive problem for intraday. Not so sure it's a problem for EOD.

 

[sinner]

Totally agree, massive problem for intraday. Not so sure it's a problem for EOD.

It's the same thing. If my program is managing the state of my trades then it needs to be robust to unexpected failure no matter what. Otherwise I somehow have to reconstruct the precise state and take over the job as soon as I notice failure. The only difference is that I've got a 24h (minus the time it takes me to notice the problem) lead on trying to restore state, intraday you've essentially got no time up your sleeve to get things sorted out.

24h might be enough, might not, you never know in advance because 9/10 the problem isn't any of the ones you conceived of happening.

 

[Joules MM1]

thanks for the HiSsI fit

 

[Trembling Hand]

thanks for the HiSsI fit

LOL the amount of time i nearl speeeeeewweed that up. hahaha luv it!!

More to come. IMO

 

[Joules MM1]

LOL the amount of time i nearl speeeeeewweed that up. hahaha luv it!!

More to come. IMO

suss youre right.....i'm closed now but it's clearly not a buying low, imo

 

[Trembling Hand]

suss youre right.....i'm closed now but it's clearly not a buying low, imo

Not too sure now. It might hold for today without the DAX getting funky. I just did buy. Stop at BE......

 

[Trembling Hand]

:emp:

:grenade:

 

[Trembling Hand]

haha

The milky bars are on me,

 

[Joules MM1]

haha

The milky bars are on me

yeah, second mouse got the poisen cheese.......oh, is that you old: ) minus the hair ?

 

[Joules MM1]

yeah, second mouse got the poisen cheese.......

oh, that's not happiness to see me......

 

[CanOz]

Dax wanting to test the LOD again i think...Lots to be said for only taking trades back towards value!

Keeps me out of trouble.

CanOz

 

[CanOz]

This value area chop is annoying....

 

[Trembling Hand]

This value area chop is annoying....

Keep an eye on China and the Kospi, pulling Honkers down,

 

[skc]

Is it conceivable that China's market stays low, commodity prices fall a bit lower than current levels, AND the Australian market moves higher?

Australia didn't always ride on the back of the mining boom...

 

[Trembling Hand]

Aussie dollar doing a good impression of a lead balloon today. ASX doing the opposite.

 

[prawn_86]

Aussie dollar doing a good impression of a lead balloon today.

Another 20c drop and i would be happy

 

[CanOz]

Hmmm, whats with the HSI getting so excited

German PPI?

 

[Joules MM1]

Hmmm, whats with the HSI getting so excited

German PPI?

how hard is the bid chewing the ask on the dax, Can ?