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Thanks for the post. Interesting stuff. So how do you know for sure which forex dealers to open accts with? It seems that being registered with the NFA/CFTC is not enough.

You do have a valid point about that. There are many factors that play into how an automated system is constructed. I was focused more on the bottom line (is it possible [or not], starting capital, etc) that would apply to all market participants. Not so much the exact technique, but how...

It seems like they just edited your username to markbrown vs markbrown.com . Are you saying that they locked you out altogether for just no reason? In any case, your contributions to this thread were worth it. Thanks.

This has been an interesting thread indeed. So I guess the conclusion so far is: 1) Yes, in theory it is possible to have a fully automated trading system that could make consistent, livable gains. In practice it appears that it takes large starting acct balances ($1 million+) not...

I guess Nidarian was right. So much for the "small" guy. :( :mad: It seems like one would just have to keep pressing and compounding their winners and hopefully in a few years they would have parlayed to the point in which you could then start your multi thousand/million dollar empire. :D...

It seems like there are several different types of memberships. Assuming an individual could get their hands on the one with the $50 cap for the e-minis, this only takes care of the exchange fee. We still have a brokerage, datafeed, platform, etc. Perhaps the platform and datafeed would...

I couldn't edit my previous post, so I'll copy/paste it here: And that's 21,600 RT trades. And of course minus commissions. So at 50% you actually lose to the house (brokerage, exchange, etc.) If you are playing it this way, it would appear that unless you can do at least 75-85% or better...

Wait a minute, I just did the multiplication again. $12.50 x 1 contract x 60 seconds x 60 minutes x 6hrs = $270,000. We missed a zero :eek: I'll have to redo the calculations

I will take a minute to fully digest all of what you have said. I think I get most of it, except for the "rebuff zone" (is that the retracement or support/resistance?). Besides, how do you account for orders held in-house? (pseudo stop orders held at the client/brokerage servers and are...

I disagree. There are too many market participants on both the hedger's/institutional side, and the speculative side, each with their own reasoning as to how the market will play out. No one machine or person can or will dominate the market. If anything, the machines will only add to the...

I don't want to speak too soon, but the annual returns would be well over 1000% and the maximum drawdown would be maybe about 5-10% Probably less than that. For every 100 ticks you win, you lose about 6-10. My actually losses have been more like 15-20 ticks. But just about all 95% of my...

Wow. Obviously you basically are your own brokerage AND data-feed supplier. And obviously the programming seems to go beyond a one-man show. How much does this cost? If you could break down the totals to give us a rough idea, that would be interesting. Do you think that a one-person...

MarkBrown admitted this in the first or second reply to my original post on page 1. You can't just push a button and leave the system completely unattended forever. Another poster said that most people simply don't have BOTH the programming skill AND the trading skills to be able to...

Yes. I wasn't implying that you would ONLY remain with $10k by no means. But you would have to compound your gains to make anything significant. So that small guy would have to hustle to get his acct up to $100k But in order to get that 10k >>> 100k (1000% return on original...

What were the starting balances? I noticed there weren't any stats, unless I looked in the wrong place.

My teacher only charged me a one-time fee and we talk on the phone often, to this day, and I purchased it 6-7 months ago. I'm one of his only students who actually keeps in touch as often as I do. He didn't sell his method to alot of people. In his experience he saw a lot of system...

Please tell us more about the futures aspect of this brokerage....

I am also interested, but mostly in LIFFE/EURONEXT indexes. ASIAN index markets as well. Any advice as to specific brokers and experience, daytrading margins, minimums, customer service, etc is greatly appreciated.

Thanks for the insight. What kind of platforms do you use? What kind of programming do you do?

Okay....How much did he start with? Is he doing this consistently or did he get lucky? Over a months/years time, how well did that same system do? I doubt he started with just 10k or even 100k which would be 100% profit. What platform did he use, anyway? Is he able to literally walk...