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    Trading system results overview

    Hi GS, Do you really find AFL language a snap?? Do you have a programmng background? I agree that its very easy to code up simpler backtests in Ami,but I personally found the looping code a bit daunting.. Any suggestions appreciated
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    Value of Backtesting and Stops

    Can someone from the purely discretionairy camp who does ZERO backtesting please tell me what it is they do or look at before putting on a trade??? I am a derivatives trader who only looks at backtests to get the distribution of prices,MAE and MFE.Not concerned with anything past that I...
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    Value of Backtesting and Stops

    I think there needs to be a distinction made between backtesting and being a 100% pure mechanical trader... First and foremost.Everyone, in every profession performs some sort of backtest if they have a modicum of intelligence.To say backtesting is unneccesary or useless is naive at a...
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    getting serious: wealth-lab vs amibroker

    The community for tradersstudio is fairly small right now.I think when the product goes realtime and the latest version is out,the forums should pick up..
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    For those of you that trade options

    The most obvious point is if you dont know your basic greeks you are simply not doing your homework and taking a half assed approach. The two major reasons to be long options and make a directional bet is either a) you are a very talented market timer and want to employ leverage b)...
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    Automated System Development for Non-Programmers.

    Man,my main point is there are software/broker firms out there who derive a significant part of their revenue from the "banking" end of their business... As ou said,they give you X for free,but then they bend you over on Y... One company in particular gives you apx 1.125% on your...
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    Automated System Development for Non-Programmers.

    I think you are confusing 2 separate issues...The rebate on a short position is one thing,and the cost of leverage another.. When you short a stock,you create a credit balance in your account from th proceeds from the short sale.You ar also charged a borrowing fee,which could be large if...
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    Automated System Development for Non-Programmers.

    Before you "maintain" a large cash balance at tradestation check to see what their funding spread is...Its not pretty...
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    getting serious: wealth-lab vs amibroker

    I certainly wasnt complaning about TradeStation..Its a very good product that unfortunately took forever for certian upgrades...... My major gripe with Tradestation is the fact that they are in the banking business/brokerage business.If you are fully invested at all times,its no big deal.But...
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    getting serious: wealth-lab vs amibroker

    I am not so sure about that...TradeStation has become a broker/bank.... Look where most of their revenues are derived and take a real good look at the rates they pay you on credit balances.They lock you in to trading thru them if you want TradeStation,an then they take you to the cleaners on...
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    Automated System Development for Non-Programmers.

    I woud disagee with that as the "barrier to entry" for system traders is a bit higher than discretionairy traders... At least your entry level system trader has some clue to risk reward ,money management and expectancy.Most newbie discretionaty traders reside on another planet when it comes...
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    getting serious: wealth-lab vs amibroker

    I was in the exact same position you are in,and had to suck it up and am continuing to do so...The dilema is,we always underesimate what our needs are.We think we just want some simple coding,but I have found that I always wound up needing/wanting a more complex code to get the answer to the...
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    getting serious: wealth-lab vs amibroker

    Hi Dilligent, I have used all of the programs above,and they are all excellent programs,but I ultimately decided on Traders Studio... I did like Wealth Lab,but there is no way I would want to be locked into Fidelity for execution and it is sometning you should think about... Ami is a...
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    (Why) do most traders lose?

    "Some people will just plain never accept training...prefering (I guess this did end up sounding a bit like an ad...but I firmly believe all the above to be true...and there are other places who train....FNYS for example). " Don,i have no problem with "promotion" as long as whoever the...
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    (Why) do most traders lose?

    Moe power to you,if you can find enough entries that have an 8:1 risk reward ratio.I personally find that you will be treading on very dangerous "over allocation of capital" if you want to acheive a decent return on total capital.You simply dont get enough trades,so you need to employ apx 30% of...
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    (Why) do most traders lose?

    Define good entry..... i think 7% is just about right
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    Automated System Development for Non-Programmers.

    when you say higher time frame,does that mean daily/weekly or intraday?
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    What is the best trading program software?

    Thanks Tums, I was actually planning on using HGSI/Quotesplus to scan,rank and create an index and import them into Neo as they now support quotesplus... I find Neo to have a very interesting approach to technical analysis,but rely heavily on HGSI.HGSI works off QP3 data,so I was hoping...
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    What is the best trading program software?

    Anyone using Neoticker with Quotesplus and SPP/HighgrowthStock.... Looking to do CANSLIM type screening and technical timing
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    Quick Please help me on my first options trade

    oooopsss..sorry about that..approximate =apx
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