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self-made platforms are definitely the best !

Better comitting suicide than trusting excel for automated trading...

Good to hear you're still 'alive' ! Keep on posting your experience, it will be for sure very valuable for newbies or more experienced traders coming here and looking for advice.

Fittipaldi did a complete looping more than a decade ago. One of the best F1 image I've seen. Mansell/Senna side by side @ 300km/h was quite impressive too...

No edge, no gain. It's the hard way of learning it. However, I hope he's OK with his trading and that he just forgot about this forum, explaining why he didn't post here anymore.

It depends on the strategy. You can expect that your system's life expectancy is roughly equal to your backtesting sample. But this is a very empirical rule of thumb. I personaly never go further than 95 in the past, except in some very precise cases I can't describe here.

Not especially. My concept for backtesting is the following : 1) A system that works only on a single stock/future/FX has a very large probability to be just random and nothing else. If I have two stocks/futures/FX that seem to work with this system, everytime I optimize my parameters or try...

your 'scientist' should have been able to tell you that in about 1 day, just observing some basic probabilities on your strategy. I hope you don't pay him too much...

Don't forget that a system 'works' with respect to its underlying market. Can we say a system works if it has a performance of -10% while its underlying market makes -50% ? Can we say a system doesn't work if its performance is +30% in a +90% year for its underlying market ?

They are compensated by 5000 new systems that wouldn't have showed up before. And so on... There were a lot of systems that, tested on the 95-00 period, wouldn't have been good compared to a buy&hold strategy. But if you consider the 00-04 period, they could show a far better performance.

You don't have to. Hiding revenues isn't a penal offence. Forging false documents is.

You overestimate swiss authorities... tax authorities in Switzerland are quite far away from an IRS-type power...

On 12/31 exactly. Just sell everything on the 12/31. You only have cash.

It must be around 25000$ for singles. It's higher for families.

There is wealth tax everywhere in Switzerland.

Cablecom is widely distributed in Switzerland. Lausanne area is urbanet. For CNBC, I don't know. It's not the kind of program I would like to watch ;-) I think you need satellite for that.

Valais, definitely. 300 sunny days a year in Sion. If you like high standard of living, this is definitely the place to be. You won't find so many cultural events there, but who cares ? Lausanne-Vevey-Montreux is 30 minutes and Geneva 1 hour away... Just imagine : go skiing during the day and...

1) The law states that capital gains made on private wealth are not taxed. 2) The law states that capital gains made on commercial wealth are taxed. 3) The Federal Court ruled in a precise case that under certain conditions, an individual should be declared as an independent professional who...

Trading futures should make you directly a 'professional'. But this wouldn't happen in a canton like Valais or Fribourg....as in these tax administrations nobody knows what a 'future' or a 'day trader' is...

If you want to live close to Geneva, rather than taxes, you should consider the cost of living. It's about 25% higher than in north of Vaud, Fribourg or Valais. Moreover, your health insurance is dependent on the region where you live...and guess what : it is very expensive in this area too (and...