Not totally out
of the doldrums of the last couple
of months, coming in at
-1.96%. However, what is
very encouraging is how well the
automated systems are preserving
capital when the the markets are
no obliging. I've
certainly no problems with month's
like these as, in trading, it's
simply not possible to make money
in all conditions. What is
important is how shallow a hole
one digs when things are not going
your way, and so far, this is
working admirably.
There
was also a silver lining to the
month, in that while my main
systems (in terms of capital
allocation) languished, some of my
older, successful systems showed
evidence of a strong
recovery. Next month
should therefore be interesting,
after I move some funds around.
In
other ways, this month has been
huge for me. Some will
recall the delay in getting my
full August report out, and I
promised an
explanation. The
reason for the delay was that over
September I completely rewrote my
API. My original API
was only really designed to
support my personal accounts, and
as a consequence was not entirely
suitable to the new funds
management venture Zone Capital.
Anyway,
the new API is now written, tested
and implemented, offering greater
functionality, easier maintenance,
and faster execution in a fraction
of the original code size - all
built around a referentially
integral database. The
new API also automates hedging
and, more importantly, Carry
trading, which some may
recall I dropped from these
Futurestech accounts around a
year-and-a-half ago, as my
implementation at the time was
weekly and manual.
During the interim, I have
continued to trade Carry very
profitably from an unpublished
account, but now I can bring the
method back into
Futurestech.
Knowing
the possibilities of this new API,
I'm very excited about the future.
