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You can totally avoid slippage if you don't trade.:)

My friend's wife does all that and she hasn't heard of CNBC.:)

Good point! Following price is called buy and hold:) In S&P 500 it has worked well since the low of 2009.

A rising sma(50) should be enough to identify 95% of all trends.

More than 30% of trader flipping a fair coin when trading SPY since inception have ended up with a positive P/L according to this simulation and are possibly attributing that to either their excellent trading skills or fine trading systems. :)

If I have it right most vendors of trading software make their money from the order transmission and because of this the best model is to offer it for free. This may also be the rational behind open source platforms and the reason they are pushed hard in forums.

+1

When you make your final choice make sure you know first whether the platform sends informaiton of the saved systems to its host.

So what's wrong with that?

No question is stupid. The answer depends on how fast you'd like to transfer your account to market makers. If you like to transfer it fast, then you use a fast MA and you get over with it. If you want the pain to last longer because you are enjoying it, then you use a slow MA. If you want both...

Why do you think the rise in eur is directly related to the stock market rise?

Money.

The distribution of stock market returns, especially of large caps, is nearly Gaussian with a very small kurtosis and skew. So he is correct.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=231041&perpage=6&pagenumber=1

No. Do not confuse credit with money. Money is tangible stuff the government prints. Debt is credit that is repaid with tangible money or with more credit. When credit keeps repaying credit you get a financial crisis. Then to get out of it you must print some tangible money to repay back some of...

Connors and Alvarez are good tarders but some of the strategies they have in their books have stopped working as shown by Mike Harris in his blog. Google "Analysis of Three ETF Counter-Trend Trading Strategies"

Buy low, sell high

+1

Don't care if you agree. Developing systems is an art, not a science. Nobody with a winning methodology for developing systems will put it down in a book unless he is stupid and that contradicts the fact that he is smart. So good luck with yours.

You are too generous. Probably in 5 pages with a 12 pt font, single spaced. Anyone looking to find out how to develop systems from books will never make any money. You only learn by doing it and also when using some tools suitable for that purpose than most retail losers cannot afford.