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I agree. You would need to be very good at sales, or hire some sales guru. You can have an average product and be the market leader if your good at sales and marketing. World is full of examples. Or you would need an awesome track record. I believe a good product would sell it self. If you...

First zecco.com now BoA... pity I need to be automated

Obviously it also takes a lot of knowledge in navigation for example. You must also have understanding of currents in the sea, winds etc. The best sailors probably get the gut feeling when it is better to charge right through the storm, than to sail around it. You need good motivated crew that...

Thank you for a good post, Salvar! This is good advice! I will follow it.

So if you would have a system that is profitable when you trade "small" account sizes. Say in the 100K+ range. You wouldn't be able to know if the system would lose its "edge" if it was traded with an account size of 1 million or 10 million or more? All other factors being equal, risk mgt and so...

Can paper trading with large amounts of money be used realistically? I'm talking of account sizes of millions. Would papertrading take in consideration that it would be harder to trade a very large position, compared to a position of just a few number of stocks. If not, how could you...

Nice! :D no 37 sounds great! :D

Did you read the reviews on tradestation brokerage? http://www.elitetrader.com/br/?action=view&R_FirmID=119 Maybe you find info in the brokerage forum? What are the reasons you want to use IB? Fees, that it is used by many traders? You need to find out if the benefits of using IB are...

How do I code a 30 day simple moving average in java? Like this? X = (C + P[i to c-1] / i X = Current MA C = Current Price P = P1, P2, P3 and so on i = number of days in MA = 30

The book would be an interesting read. There is a film done too, called "rougue trader" i hear. Everybody knows something about what happened, but one must understand that Leeson should not be held responsible himself, but he must have had superiors etc that should have known about what he...

Nick Leeson just held a speech in Sweden. Swedish newspaper "dagens industri" reports that Leeson is trading again, namely currencies - GBP/USD to be exact. "I like the volatlity in currencies. They are traded sort of like derivatives", Says Leeson.

Chabah, This sounds interesting! Good luck to you! I too am planning my automated system, I will follow your progress with interest! I hope to have a running system to demo test (forward test) by the end of this year and "go live" when I feel comfortable with it. I think it sounds like...

A dart? Place a list of stock on the wall and throw the dart, the stock it hits you buy. Seriously you need to do your homework, there is no shortcut to profit in this game. Sorry. Maybe you're better off buying mutual funds, and let a professional do the choosing and you pay him a small...

nonlinear5, this sound nice. It would be a good time for me to dust off my Java-knowledge and try this! I have a few more questions, if you don't mind. Are all types of orders supported? How about trailing stops, is this something I would have to program myself or is it included...

Is alchemy, i.e. to create gold from other inexpensive materials, proven to be impossible or is it just so hard that it hasn't been possible to do it yet. I have close to none knowledge in chemistry so this might be a stupid question.. :) In many countries the monetary system is based on...

I plan to be! :cool:

Could you please elaborate If I don't get this correct. As far I understand there is the "main program" - the base strategy class, that for example downloads data and provides this data to the "users' class", and after that sends generated orders to the broker. Then there is another class...

Yes, I agree about linux. But I meant small software that just some ordinary guy once write to use for himself, and then offer to the public. Then when this guy notices that the software gets popular he starts charging for it. That sucks. Regarding the complexity, Yes I agree. But I have...

Define holy grail :)

An open source type of thing is what automated trading needs, don't you think? I have come to the conclusion that everything that has been free before, will eventually start costing money if it gets popular. These kinds of software are not that hard to write, i THINK. If you know a...