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That's like saying that markets are not predictable (random walk hypothesis). Then why are you trading at all? Or do you think that your mind isn't (even if unconsciously) doing what trading systems do?

But what I learned on this forum just a few weeks ago is that "algo" trading also means "automated" (fractioned) execution of discretionary orders, in turn given by superficial non-hard-working fund managers. I believe that not all those who become bosses become bosses because they are gifted at...

I agree with this very rational explanation. These who say you can't automate or translate their system into code are the same people who, when asked "why", often reply "that's just the way it is" - the majority of human beings. It takes rational and hard-working people to do this automated...

I have been fully automated for 50 days as of today (no discretionary intervention whatsoever). I have made in this time a % profit higher than what investment funds would yield me in years. Provided things will keep going this way, I can say that automated trading is indeed profitable. Or, if I...

Whether he was a troll or not, the question "does automated trading work?" is a question we all have asked ourselves at least once.

A million dollars is not a lot? That shows the difference between us and it explains why you are saying what you are saying. You never tried to make more than 100% a year, because you never needed to. Actually, as I said, with that kind of capital, I'd be playing it safe as well. At any rate...

1) IB TWS and Tradestation 2) For Excel (functions and VBA), I recommend the two Walkenbach 1000 pages books ("Power Programming with VBA" and "Excel 2003 Bible"). 3) IB API with Excel 4) I did it myself with the help of a friend I met on a financial forum and another I met playing online...

I am going to answer to your statements in the order of your post. Premise: I have a 12 years experience in trading, 7 years in trading systems, 4 years in automated systems. I taught myself to program vba, and I don't have a computer science (nor scientific) background. I don't know/understand...

No simulation account. I started with real money even before I had a back-tested strategy. I was pretty reckless. My estimate, is that combining all my systems (I have 30 of them, all using the same capital), I should be making more than 55% in two months (now it's even less, because it lost...

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Automated trading works. I lost everything, each month, for ten straight years with discretionary trading. I only made money since I started automated trading. The two main advantages are that before even starting you will need a back-tested strategy, and that you will apply that strategy...

There are plenty of threads on this subject, if you just go back a few weeks. I would tell you to opt for IB, and use their excel API. That's what I did, since I didn't have a background in computer science. Even if you knew nothing about programming, you could still do everything in about two...

Yep. That's what I wanted. Thank you for being the first to post on this thread. As far as my trading, I am going to vote for "spread" as the highest cost, because of the following reasons. I have no "market impact" (I only buy 1 contract). "Slippage" is not an issue for my systems...

Do not answer the poll if you do not use an automated trading system or if you feel, for any reason, that you cannot answer correctly. ---------------------------- The major categories of transaction costs are the following: 1. commission 2. bid-ask spread 3. slippage (delay in the...

Today I am celebrating my 43rd day of full automation (including holidays). Made about 55% in all this time. Sure, I was expecting more. But from the past I remember that with discretionary trading one month was usually what it took me to blow out my account. So, there are reasons to...

If anyone else wants to tell us about his beginnings and how he became an automated trader (not too many have done so) as in the original purpose of this thread please do so. Also please remember to vote.

I was browsing through the other forums and I came up with this litte study (see attachment). The longest threads are on Journals with an average of 226 posts per thread. The shortest threads are on Classifieds with an average of 7 posts per thread. The forum with most posts is Trading...

Thanks for the info, it all makes sense to me. Personally, I never noticed any delays from IB, but I only buy 1 contract at a time, and by "delay" I am speaking of seconds, not milliseconds (and so). I mean a delay that someone who's not expert in this "latency field" could notice.