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Re: My Experience from Failure and almost giving up to Success
Posted: Sun Jan 07, 2024 10:41 pm
by andyg303
Thanks Echelon. You never got anything working then I take it?
Sounds like there is way too much info missing for myself to even bother trying haha. Shame.
Re: My Experience from Failure and almost giving up to Success
Posted: Mon Jan 08, 2024 11:07 am
by echelon
Hi Andy,
I never tried properly to link all strategies because I was unable to get decent enough filtering on the individual strats.
I think that DN mentioned that if we have fave backing strats which alone are showing an average SR of 40% then we can link them together with a reset for all strats at given amounts to give us a combined target and stop loss.
The thread meandered around with scatterings of things to look for and the system was deliberately never described in clear detail. There was a lot of info. missing and it wasn't possible just to read the thread and create a bunch of strats to do the same thing.
Key messages were:
The importance of research - under what conditions does a fave or outsider win? What's the spread of odds like under different scenarios? Is there a trap bias? etc.
The importance of SR - occasional "tweaking" was required to ensure that all strats maintained a high SR.
The importance of risk management - linking the strats to all reset at the same time prevented getting hit with high stakes losses on bad runs.
The importance of getting the best price - using BSP and not backing at odds which were too low to make any decent profits in the long run - the lowest limit was 1.8 I believe.
The importance of not expecting to get it right all the time - some strategies could pick 2 or 3 dogs instead of just aiming for one winner - however the odds needed to be relatively high to able to eke a profit out of those.
Re: My Experience from Failure and almost giving up to Success
Posted: Mon Jan 15, 2024 10:23 am
by andyg303
Thanks for replying echelon, appreciate the info you could give