Quote Originally Posted by nickola.pazderic View Post
All that said, I think I can improve on the robot in some ways. I learned a lesson from today. Namely: as the market opened in favor of our GDX position and thereafter, I kept an eye on GLD. It stayed about neutral. It did not go positive or negative. When the position began to deteriorate in GDX, a hedge of GLD,SLV or NUGT suggested themselves. I should develop an internal robot that might allow me to hedge against the robot trade when the forces seem aligned against it.
Yes, thanks Paul.

@Nickola: Just keep in mind that by altering the robot in any way, including the addition of hedges, creates an entirely new system that has not been backtested. You might very well outperform based on the addition of systematic or discretionary changes, but any security you feel from the backtested edges will be illusory.