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    If IB had 1-unit size trading increments Would you Switch to Them as your New Forex

    Agree that lower commissions are higher priority than no minimum size as no minimum size with the current commission structure would not benefit those trading small positions. I voted yes but this isn't that high on my priority list. http://www.elitetrader.com/vb/showthread.php?threadid=52047
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Hi WarEagle, On the U of Alberta site they don't disclose how poki characterizes different players. However live players use a program called pokertracker to keep track of selected player stats. While each player has a different way of doing this, I think that a similar seriousness could be...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Toe, Thanks for your insights. I think you are being very helpful to guide my simulations towards identifying random / non random market behavior. I think this is some of what Lefty has spoken about on these boards. I also think that this is where the focus needs to be. I had never thought...
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    IB IdealPro Commissions

    Steve or def, Is there a reason why IB's Forex commissions are charged in the denominated currency rather than based on the units purchased? For instance I buy 125,000 units of EUR/USD at 1.2. The commission is .00002 per side in the denominated currency. Now logically I would multiply...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Banjo, Thanks for your insightful observations. Yes in that respect poker is more about adapting to how the others are playing, and them adapting to how you are playing, and trading is more about adapting to the flow of the market. I agree that the market doesn't care nearly as much about...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    I guess a trading bot would be fully automated but a rule based mechanical system need not be. Other than that they could be the same. Good points with regards to generalizing the concept to meat based trading systems. :) With regards to teaching your method to your wife to trade in your...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Now as to what can be learned that applies to trading I don't think mixing up one's trading is particularly helpful because rather than trading against a table of 9 others, we are trading against an unknown counterparty. We could be trading against an institution, a black box, a large private...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Is there an optimal solution to poker? I thought about this question and searched for answers on various boards and on the www in general. The consensus is that there is no optimal solution to poker. There may be an optimal poker solution vs. a certain type of play. For instance if you are...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    http://www.cs.ualberta.ca/~darse/Papers/AAAI99.pdf
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    In the context of poker, simulation refers to looking at all the possible outcomes and calculating the available odds based on assumptions about what cards the other players might be holding. In the simplest sense you could take your starting hand, the cards on the board (the flop) and calculate...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    I don't know about what others are doing but from what I have read I would say "probably". http://slashdot.org/article.pl?sid=04/09/21/1531235 http://groups-beta.google.com/group/rec.gambling.poker/msg/c9b0a5e0b576f9bd?hl=en&lr=&rnum=1
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    The poker bot itself doesn't trade, just poker and not that for a few months. I've been thinking of getting it into a new line of work. I think it would do a great job of saying "Welecome to Wal-Mart." What do you think? My trading systems can effectively be categorized by the movie, "The...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Bot is the slang term (robot) for an automated poker system, a piece of software that plays poker without human intervention. I will use the term "bot" so as to not mix up automated trading system with automated poker system.
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    Like jmmccain stated, you don't have to intercept an encrypted input. You simply read the information that is available on the screen. And the dealer window / hand history is also saved in temporary files on your computer's hard drive that programs like pokertracker read and parse, so the...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    I initially got interested in holdem after reading this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=12455 My initial desire was to learn some of the psychological lessons from poker that were similar to trading. After playing on Party Poker in the free rooms for a...
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    Some Things I Learned About Automated Trading Systems From Writing a Poker Bot

    I will use this space to recount and reflect on some of the things I would like to remember from my experience in writing a poker bot. The purpose of learning how to play poker and writing a poker bot was purely to learn about automated trading systems. Poker is a game of incomplete information...
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    IB new forex spreads

    I would really like to see the IdealPro positions listed in the position column on the Trader Workstation so I can see where my net position stands without needing to go into the Account window.
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    Do markets have to be inefficient for you to capitalize on them?

    I call it opportunity. What do you call it?
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    break Out and jack H questins

    A boarded up building comes to mind... :D
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    I like Oanda but...

    Yes I use both. Both have their plusses. No reason to have to choose one over the other or to argue about it like some others on this thread. Everyone needs a backup right? If there were a close 3rd place finisher I would check them out as another backup. Any contenders for 3rd place?
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