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For training on Online Futures Trading,
Please watch the movie tutorials .



 
 
 
 

Frequently Asked Questions

 
     
 
  1. What Contracts may I select?
    As a general rule, any electronically traded contract which is available through your Clearing House/Broker or available contracts can be viewed in StrategyBot software. Click on Contract on the menu to get the list of all contracts available.
  2. How much does “Paper Trading” or “Virtual Link to StrategyBot” cost?
    It is available to anyone as a trial period for 30 days free of charge. See above.
  3. How to add a new fully automated Strategy to a Contract?
    From the upper left corner of StrategyBot 3rd pop up menu is “Strategy”. Please click inside the menu to “Add Strategies”. Choose the desired fully automated strategy(ies) and click on “add” at the bottom.
  4. How to pay for a new fully automated strategy?
    Please visit the website www.strategyland.com.sg and pay through Credit Card.
  5. When may I watch StrategyBot running?
    Certainly not during week ends and local holidays for each particular Contract and you may watch only during the working hours of each Stock Exchange. So depending on which Contract and its fully automated strategies that you wish to watch, please consult the time at the local exchanges either in Europe (Germany and London) or in New York and Chicago. Be aware that “out of these open hours, the computer servers of the Clearing House that you are using may not be On Line”. In that case you will get an error message “Cannot Connect”.
  6. How to activate a new fully automated Strategy?
    Please provide the name of the fully automated strategy to your broker for activation upon paying the money on line.
  7. How much money do I need to activate the fully automated Strategy?
    It depends on the margin required by the brokers which margin is set regularly by the CME or CBOT or other exchanges. See the bottom text of the report “Best Strategy of the day”. This report does list the amount of money (Margin) needed to run a fully automated strategy depending on which Contract the strategy belongs to.
  8. Upon adding a fully automated Strategy, when it will run? today or tomorrow?
    It will run immediately upon clicking on “Run Strategy” in the menu. This is provided that the strategy’s run time is not over for the day. Check “start time” and “end time” in the details of that particular Strategy. If the time is over an error message will be generated.
  9. How may I select which fully automated strategy(ies) to include in my portfolio?
    Simply by double-clicking the name of the strategy in the StrategyBot menu, you can view the strategy’s description, as well as statistics and data about its performance. This can help you decide which fully automated strategies to use. The strategy details can also be viewed by clicking on Strategy Details in pop up menu.
  10. How may I run a fully automated Strategy which I’ve stopped?
    If you stopped it while it was in Standby mode you can resume it before its Start Time.
  11. May I remove a fully automated Strategy from my portfolio?
    If it’s in Running or Standby mode, first you need to stop it. Go to “Strategy Menu”, click on “Stop Strategy”. After it’s in Stopped mode, you can delete it by clicking on “Delete Strategy” in your toolbar. Remember to save changes when you exit the program. Or go to “Portfolio” in the menu and click on “Save”.
  12. May I modify fully automated Strategy(ies)?
    Yes. In StrategyBot Enterprise addition you may modify the parameters of a fully automated strategy. Please send email at support@strategyland.com.sg for further details.
    However in StrategyBot Professional version you cannot modify fully automated strategies.
  13. Can you recommend me which Contract and fully automated Strategy to select ?
    No, we are not legally supposed to recommend to anyone but we are checking daily the performance of each fully automated strategy and we publish their statistic report daily, weekly and monthly. From these reports you are supposed to make you own choice.
  14. What is the overall minimum cost to start ?
    A new user would 1st have to buy the StrategyBot software (its local cost is S$1,709 including GST), then buy as many fully automated strategies as his investment amount may allow. The step by step procedure is provided On Line. The lowest cost of a single fully automated strategy is US$49 monthly. As per the present margin amount required by each Exchange., an indication would be that for a US$10,000 investment, up to 3 fully automated strategies could be rented, and for a US$100K investment between 30 to 40 fully automated strategies could be rented. Fully automated strategies could be rented as a group minimizing the cost of $49 monthly per strategy. See our offer on eStore on our web site for Group of fully automated Strategies.
  15. How do I buy a Contract ?
    There is no need to buy a Contract. Contract(s) only have to be selected by you. Only fully automated Strategy(ies) need to be rented. As an example, you could activate one single strategy in 5 different contracts or activate 5 fully automated strategies in one single contract. The number 5 being an example.
  16. How may I know what determines a Conservative, versus a Medium risk, versus an Aggressive Strategy?
    Standard Deviation, Sharpe ratio and Probability determine the Risk factors that are mentioned in the Statistics report of each fully automated strategy.

    i). Standard Deviation: Standard Deviation is probably used more than any other measure to describe the risk of a fully automated strategy (or of a portfolio). It provides a precise measure of the amount of variation in any group of numbers (like the returns of a Hedge Fund) that make up an average. The most common formula of Standard Deviation is as follows;
    In the real world, the larger the swings in a Futures return, the more likely it is to dip into negative territory. Though standard deviation measures volatility on both the upside and the downside, it's a good proxy for measuring the risk of loss with any fully automated strategy. Hedge Fund examples bear this out. The range of standard deviations for ultra-short term is a mere 0.14 to 1.32, with an average 0.67. The standard deviations for precious metals funds range from 17.58 to 37.23, with an average of 25.74.
    Standard Deviation is generally calculated for monthly returns over a specific time period (commonly 36 months).

    ii). Sharp Ratio: Sharp ratio measures the returns over the risk-free rate divided by the volatility/Standard Deviation of those returns. A fully automated strategy that has a good success ratio, but its losses tend to be disproportionate with its gains; will not have a high Sharpe Ratio over long periods of time. Having a fully automated Strategy with a success ratio of 40%, even with a positive spread between gains and losses of say 0.50%, will generate consistent, but also very tepid returns. So if the volatility “perks up” and/or the fully automated strategy goes through one of its “poor periods” it may have a small and even negative Sharpe ratio.

    iii). Probability: The Probability of an event is the measure of the chance that the event will occur as a result of an experiment. The Probability of an event A is the number of ways event A can occur divided by the total number of possible outcomes. The Probability of an event A, symbolized by P(A), can be a number between 0 and 1, inclusive, that measures the likelihood of an event in the following way:
    If P(A) > P(B) then event A is more likely to occur than event B.
    If P(A) = P(B) then events A and B are equally likely to occur.

    For more details please email to sales@strategyland.com.sg.

  17. Looking at the statistic report of a fully automated strategy, which criteria’s are the most important?
    The fields in “Return Statistics” shall better suite a trader’s decision (keeping in mind that bigger the return = biggest the risk). In the “Risk Analysis” table “Worst Drawdown” as well as “Max Daily DrawDown” both in $K and in % shall be considered. This helps to understand the “Stop Limits” of the parameters of a fully automated Strategy. Once the largest expected or unexpected loss is known then the 3rd step is to consider the “Profitable Percentage” in the “Return Statistics” table. In all 3 cases (Conservative, Medium or Aggressive Strategy) it has to be above 50%. The higher the “Profit Percentage” the better the Strategy performs.

A trader may get additional information from StrategyLand support team about the statistics. Alternatively, one can join our Online Course. For more details please email to sales@strategyland.com.sg.

 
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