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RTS Contest “Best Private Investor - 2007”: Breakthrough of Machines?

The other day (since 19/9/7) the contest “Best Private Investor - 2007” started, organized by the RTS Stock Exchange and SmartMoney magazine.
The essence of the competition: participants must show the highest return for a certain period of time, working with derivative financial instruments on the FORTS market . In fact, the main purpose of the competition is PR.
Last year, the contest attracted considerable interest in trading circles. The winner, the Pskov programmer Noxer, showed a yield of 3,600% per annum minus exchange commission. More details can be read at $ M. The actively discussed competition caused an influx of speculators who dream of super profits on FORTS, and raised public awareness about the futures market in general.

Most of the participants who took the top lines used scalping , a trading strategy that implies a very intense fast trading (up to 100 transactions per hour) with a focus on the current situation in the glass. Due to weak liquidity, while scalping is possible only in limited volumes. Over the past year, the popularity of this strategy has grown substantially, largely due to the competition.
A year ago, many players, including Noxer, were suspected of using the MTS (Mechanical Trading System, Robot, Tamagotchi). And this time, the organizers decided to initially divide the participants into people and cyber, organizing 2 additional prizes - the best man and the best robot.

From the very start of the competition , Grigory robot, the representative of Zerich Capital Management, which has been working with robots for a long time, which is currently in 3rd place in the competition , aroused interest . Although some observers suspected that someone was playing along with the robot, slipping through convenient deals.
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But last year's winner this time came in with a cumbersome amount of 1kk rubles and cannot yet boast of the result: he is in a small minus. There are opinions that he decided to give up the fight for the 1st place, earning a substantial amount of this - the participants in the competition trade in slightly better conditions than the ordinary players.
Holivors about the potential of using robots in trade are conducted from the moment computer was invented, but so far there are no unequivocal reasons. Constantly rumors about the existence of machines that bring huge profits, but nobody saw them live. It is reliably known that robots are used in the world's largest investment banks, but what functions they perform - remains a mystery, just as no one saw the source codes. Although, as trader's wisdom says, he who knows a good strategy will never disclose it to anyone, but a complete loser in the market will teach people and always be visible.
This competition, if Grigory succeeds or any of the dozens of robots presented, can significantly promote the “glands” in Russia, and bring about a boost to developments in this area. The author Grigory on the forums already offer to buy his robot, but not the fact that it is not a figurehead.
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Source: https://habr.com/ru/post/8775/


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