Re: Automated Trading Contest (Prize 0.5 BTC) / Best automated strategy of 2013
medji lost $150,000 in a week. shame, i was kinda like it 
It is just 16% of the portfolio, mr. Buy&Hold lost 32%
B&H was already lost the game
These algorithms are good in long term but useless in short term. I need passive income, monthly 
Four contest rounds with 2BTC bounty each failed to produce good short-term (2-4 weeks) algorithm, which can beat B&H. Maybe there's no such an algorithm, or maybe the bounty was not high enough for people to publish theirs.
If you really want such an algorithm maybe you should try help pulsecat organize higher bounty than 2BTC. I think there will be much more and much better algorithms published in that case, if for no other reason then it would enable much more time devoted to developing them. It's not exactly easy to do everything right, and it takes time.
I don't think this is about bounty, if developer has the "super-algorithm", he won't need any bounty
You got me wrong. Probably nobody has a "super-algorithm", but given enough time many developers may produce some very good ones. Developers don't have few weeks or a month free to experiment and try new things, but given attractive bounty some may decide to devote the time to it. And public contest is an excellent way to test the results.
medji lost $150,000 in a week. shame, i was kinda like it
It is just 16% of the portfolio, mr. Buy&Hold lost 32%
B&H was already lost the game
These algorithms are good in long term but useless in short term. I need passive income, monthly Four contest rounds with 2BTC bounty each failed to produce good short-term (2-4 weeks) algorithm, which can beat B&H. Maybe there's no such an algorithm, or maybe the bounty was not high enough for people to publish theirs.
If you really want such an algorithm maybe you should try help pulsecat organize higher bounty than 2BTC. I think there will be much more and much better algorithms published in that case, if for no other reason then it would enable much more time devoted to developing them. It's not exactly easy to do everything right, and it takes time.
I don't think this is about bounty, if developer has the "super-algorithm", he won't need any bounty
You got me wrong. Probably nobody has a "super-algorithm", but given enough time many developers may produce some very good ones. Developers don't have few weeks or a month free to experiment and try new things, but given attractive bounty some may decide to devote the time to it. And public contest is an excellent way to test the results.
Round 4 was about short term strategy... I just played a bit with round 4 but:
2013/10/14 1:00 AM til 2013/11/10 4:00 PM:
Code:
Itod 2385.80 USD
K IIc 2313.52 USD
Griny 2193.82 USD
K I 2067.61 USD
K IIa 1904.63 USD
K IIc 2313.52 USD
Griny 2193.82 USD
K I 2067.61 USD
K IIa 1904.63 USD
However if you kept these running from 2013-10-14 1AM to 2013-12-09 22:00:
Code:
K IIa 11.1264 BTC (10210.70 USD)
K IIc 9.9756 BTC (9154.58 USD)
Medji R5 8 .9082 BTC (8175.08 USD)
Grinny (5607.27 USD)
Itod 6.7131 BTC (5793.42 USD)
Medji R4 5.3164 BTC (4689.17 USD)
K IIc 9.9756 BTC (9154.58 USD)
Medji R5 8 .9082 BTC (8175.08 USD)
Grinny (5607.27 USD)
Itod 6.7131 BTC (5793.42 USD)
Medji R4 5.3164 BTC (4689.17 USD)