Stage 1, day 17:
The observation about the cool new signal that I have observed was basically big orders on the book coming out of nowhere. I'll need to automate and collect stats about the phenomenon but I haven't seen it happen much yesterday... In retrospect having witnesses those big moves just hours before a major breakout, it seems like some big players knew what was about to come... I'm not judging... just taking note... Next time, I see it, I'll know better how to interpret it.
I did finish the task that I refer to in my last post. I did finish it on Day 15 instead of in the evening on Day 14. I added some bell and whistle such as the program playing a wav file when opening and closing position with a different sound associated to profit or loss when closing the position. When the program was starting to make some noise, it was quite exciting.
But at first, the timing did look random. You know the simple principle: Buy low, sell high... It did seem that the program was doing exactly the opposite.
I spent the whole day 16 for a major rewrite of the rules of the black box. Yesterday evening, it was making moves that were making much more sense. A great source of inspiration for this last refactoring come in great part from the book that I did pick Saturday evening after having a flash of having read it more than 15 years ago. If THAT isn't subconscious helping doing the right thing, I don't know what is...
I woke up this morning. Open my computer only to find my software having coredumped at 6:35AM this morning. No big deal, by simply opening the core dump, the problem was trivial to identify. It is going to take 5 minutes to fix and it will never happen again.
The funny thing is the crash did occur while closing a position. The details of the transaction have been added to the log. That is the very last thing the program did before crashing. AFAIK, it is the best performing transaction performed by my creation so far. A 0.53% yield! Woohoo! A profit of one virtual dollar.... Definitely if this thing is to be sustainable, it will require a LOT of flesh on the table.... Right now, the thought is a bit scary...
3 more random thoughts for today.
1. I did notice that 2-3 seconds before the signal that indicates me to close a position, the price was sharply dropping. This tells me I am not alone monitoring the same signals and this is essentially a game of frontrunning the competition... TBH, I don't fully understand the whole situation yet. I'll need to add some few wise traces to gain a better insight of what is going on but that is one possible lead for improvement.
2. Timing now seems potent enough to be usable. What needs to be added is some risk/reward signal. Due to the transaction fees, the required swing to just break even needs to be accounted. Opportunities that simply don't appears to have a great potential should simply be passed.
3. I love how my mind is attracted to important tasks to achieve the goal rather than letting itself being distracted by interesting but non-essential ideas... That is something that did hurt me a lot in past projects... Possibly something BASE is doing for me...
The observation about the cool new signal that I have observed was basically big orders on the book coming out of nowhere. I'll need to automate and collect stats about the phenomenon but I haven't seen it happen much yesterday... In retrospect having witnesses those big moves just hours before a major breakout, it seems like some big players knew what was about to come... I'm not judging... just taking note... Next time, I see it, I'll know better how to interpret it.
I did finish the task that I refer to in my last post. I did finish it on Day 15 instead of in the evening on Day 14. I added some bell and whistle such as the program playing a wav file when opening and closing position with a different sound associated to profit or loss when closing the position. When the program was starting to make some noise, it was quite exciting.
But at first, the timing did look random. You know the simple principle: Buy low, sell high... It did seem that the program was doing exactly the opposite.
I spent the whole day 16 for a major rewrite of the rules of the black box. Yesterday evening, it was making moves that were making much more sense. A great source of inspiration for this last refactoring come in great part from the book that I did pick Saturday evening after having a flash of having read it more than 15 years ago. If THAT isn't subconscious helping doing the right thing, I don't know what is...
I woke up this morning. Open my computer only to find my software having coredumped at 6:35AM this morning. No big deal, by simply opening the core dump, the problem was trivial to identify. It is going to take 5 minutes to fix and it will never happen again.
The funny thing is the crash did occur while closing a position. The details of the transaction have been added to the log. That is the very last thing the program did before crashing. AFAIK, it is the best performing transaction performed by my creation so far. A 0.53% yield! Woohoo! A profit of one virtual dollar.... Definitely if this thing is to be sustainable, it will require a LOT of flesh on the table.... Right now, the thought is a bit scary...
3 more random thoughts for today.
1. I did notice that 2-3 seconds before the signal that indicates me to close a position, the price was sharply dropping. This tells me I am not alone monitoring the same signals and this is essentially a game of frontrunning the competition... TBH, I don't fully understand the whole situation yet. I'll need to add some few wise traces to gain a better insight of what is going on but that is one possible lead for improvement.
2. Timing now seems potent enough to be usable. What needs to be added is some risk/reward signal. Due to the transaction fees, the required swing to just break even needs to be accounted. Opportunities that simply don't appears to have a great potential should simply be passed.
3. I love how my mind is attracted to important tasks to achieve the goal rather than letting itself being distracted by interesting but non-essential ideas... That is something that did hurt me a lot in past projects... Possibly something BASE is doing for me...
