many thanks, and i look forward to hear from you
williamson wrote:Hello Michal,
I?m sad to see that you have spent so much time in this FPI. I wish we could have met sooner. In 2001 I designed a very interesting triangular arbitrage system in excel. I got outside quotes and placed the orders by phone. My trades had at least 5 or 6 legs and at the end, if I end up positive I was happy. Sometimes I had to wait couple of seconds for it to turn positive and place the closing leg. I turned $150,000 into more than a $1,000,000 in less than 2 years. I was 27 years old, spent more than $200,000 in Las Vegas, had a beautiful boat, Mercedes and bachelor pad to die for. I was doing this until 2003 when my bucket shop broker ran away with a lot of my money.
I took a break, then opened an account with Refco and they were gone too. I decided to learn some other things in life, until Triangular Arbitrage came to mind again in 2008. The only thing was that I didn?t want to think, calculate manually or place trades by hand. So I created what is literally a money machine.
It calculates every Triangular Arbitrage available in the world real-time and places the orders that are only profitable. With some slight adjustments it can do the same thing for FPI (although I am not a firm believer of FPI). Slippage is horrible but manageable. A very interesting fact is that in all the complexities, thousands of combinations (rings) and millions of calculations per second, my algorithm is so simple that it can run in any laptop with XP and Excel 2003. The largest number of combinations (rings) placed I have seen totally executed and confirmed in a second were 4 (12 separate trades). I love Currenex and the Fix Gateway!
The worst thing about this is that no brokerage house wants or can?t deal with me and I have nowhere to hook my system.
Again, we should have met before; I would have saved you a lot of headaches.
Thank you for reading such a long post but I deserve it, I found your thread last night I didn?t even skipped a page.
If you have any idea, let me know!
I was so excited to find this lens.