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from a wise system trader: "A more common expression of this phenomenon is how some individuals can prove a strategy through comprehensive backtesting, only to dismiss it as a failure after trading it in realtime for as little as 10 trades. It appears they just don't have the stomach for...

Not surprising. Your system is not programmed to adapt to lower volatility conditions or flat, sideways markets. Yeah, I know...everyone says "make it simple, simpler-the-better, etc, blah, blah, blah....". Well that applies to longer term EOD systems, but for tackling shorter time-frames, more...

You may want to study this system...and may even want to contact the owner, Mike Barna....he's been around a while. His Big Blue system despite it's sophistication gets trapped during flat, low volatility periods as well. What can be done when this occurs ? That's a good question...."stop...

There's been a good DVD published by Keith Fitschen called "Developing Tradable Systems". One thing that stands-out from that presentation: successful systems built for intraday trading are likely to be COUNTER trend models vs. trend-following (Frosty mentioned this was his premise initially)...

If this is the case, then what is this saying about the health of the individual trader marketplace ?

http://www.elitetrader.com/vb/showthread.php?threadid=80672 See Frosty...he's done it already...and he is a superb programmer to be able to pull it off. You sure you want to take-on this challenge ? With all of the decent platforms already out there, wouldn't your time be better spent on...

Based on the above, this system probably was not ready for "prime-time" real trading....and with further extensive testing, you probably would have been able to calculate the probability of the drawdown period coming within X weeks of the start-up. Also, did you know the average frequency and...

My take: we've got an incredibly gifted programmer here that has built an auto trading platform....something that many have tried, and many have failed. However, given all of the existing trading platforms that can be auto-traded and backtested, I believe the time spent building the platform...

Really ? I had been using TS2000i for about 4 years and never found easy work-arounds to these problems. Even using their global variables DLL was fraught with complications because the order of the execution of indicators could not be controlled....yet another problem with the TS2000i version...

No....I don't agree. There are several weaknesses in TS2000i on top of many small bugs and annoyances. The weaknesses are: 1) There is no portfolio concept in the product...a mix of symbols and/or systems cannot be evaluated easily. 2) The performance reporting does not provide Sharpe or...

Phil - the key is: spend $$ on education only if you know its going to pay-off...that's all. Check the job boards.....jobcircle, careerbuilder, dice, even craigslist. I'm totally amazed at the stupendous demand for physical and occupational therapists. Outsourcing hasn't gotten to these...

Quite an interesting issue. I'm not sure about the C# platform for trading, especially if it's of the high-frequency nature. C++ has quite an advantage performance-wise and with a DLL interface, you've got compatibility with quite a lot of trading platforms. Tradestation itself has been getting...

This is a LOT of baloney....going back to school, which implies going back in debt to pay-off an overvalued advanced education...guarantees you NOTHING in this economy. My wife (and I was affected of course) went thru hell for 2 1/2 years getting her Masters in Health Care Law degree at night...

Great advice....and it works, because I had the exact situation mentioned. Took 6 weeks of constant letters and phone calls, but I finally got my money back. The NASD was a bit helpful, but I took the initiative to investigate the principal of the Prop firm and discovered his NASD license had...

Yes. That's a good attitude to take. Look at Friday's action in the RUT or eRL futures. Fast Move up, then....Fast Move down.....then Slow Move Up, Slow Move down. Net move for the day: ZERO...or close to it.

Nothing but sine waves being painted by the major indices this week....tough to make money with that price action. Could be one more push up to make new highs, then the breakdown before Christmas. The Fed is at a quandary right now...they have no idea if this economy is staying strong or...

Nice ! But BE CAREFUL. Jobs has done an EXQUISITE job of cremating the Apple shorts with his constant barrage of "good" PR and "news" and announcements. Of course, that was THEN. Not sure what's in the pipeline NOW.

Today we had a "Key reversal day" on all major indices with pretty high volume. However, this was not a great accomplishment by the bears as yesterday's daily candle was so small. Last 2 days action in eRL futures has been nauseating.....up, down, up, down...roller coaster maximus. Bottomline...

Trading RIMM intraday: good idea if you've got discipline. Rationale: VIX (volatility proxy) is near 10 year lows. Another idea in this environment: Russell 2000 e-mini futures. I was watching them on Friday, and there is good opportunity here compared to the dead S&P e-mini.

None. All will have become privatized. Thanks, SEC !...and Sarbanes-Oxley !....and Patriot Act !. All have contributed. Onerous legislation always has a major impact on our economy and our financial markets.