For the last month or so Ray the Random Robot™ has been involved in a friendly competition with RAI, a cousin of his conceived in the laboratory of Dr. T, who installed some artificial intelligence in the space between the ears where Ray keeps his artificial stupidity. Both "robots" were entered in the February 2012 Vantage FX/myfxbook trading contest, and myfxbook have just announced the final results on their blog. Having read that blog post, and then checked his own final standing in the competition, Ray is now suffering from a terrible pain in all the diodes down his left side and is hiding in a corner of his room. He's refusing to talk to anyone, least of all me. I'll try to explain on Ray's behalf the cause of his current psychological problems.
Only a few short days ago we took the momentous decision to enter several automated trading competitions simultaneously. We've been burning numerous barrels of midnight oil here at Trading Towers ever since, and for the second time in as many weeks late last night we managed to successfully shoehorn some of the dumbest trading technology ever invented into our old friend Ray the Random Robot™. Then we managed to get him entered into another automated trading contest at the very last moment.
We burned a lot of midnight oil here at the Trading Gurus last night trying to make sure our shiny new multi-currency upgrade to Ray the Random Robot™ wouldn't fall at the first hurdle in MetaQuotes entry into the 2010 Great Object-Oriented Robot Wars (GOORW for short). The deadline for entries into the MetaTrader 5 Automated Trading Championship 2010 is later on today. At least that's what we thought when we finally got to bed! This morning we awoke somewhat later than usual, only to discover that MetaQuotes have just extended that deadline:
As anticipated I received an email from FXCM last night, but it did seem just a touch impersonal. It started out by saying:
Code and Compete for a chance to win cash prizes in the FXCM Automated Trading Challenge. Sign up for a contest demo and put your automated strategy to the test with zero risk to your own money.
A bit further on it posed this rhetorical question: