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You can work downtown and be a button-down bum.

From 'The Dharma Bums' by Jack Kerouac So we unpacked our packs and laid things out and smoked and had a good time. Now the mountains were getting that pink tinge, I mean the rocks, they were just solid rock covered with the atoms of dust accumulated there since beginningless time. In fact I...

You can try a little number called XLQ, a shareware by QMatix which will feed your Excel from several sources, including Yahoo! delayed for free.

Try it like this: A theory of market action, which requires testing against real conditions, is like what the aircraft designer uses. Actual trading, which you are describing, corresponds to what the pilot does. One's no good without the other.

It appears you trade the market like washing dishes: just bring yourself along and wing it.

I would not board an airplane that was built without blueprints. Nor would I trade a strategy not based on tested principles.

The purpose of simulated trading need not be to make simulated money. Paper trading has been very useful in testing out theories of setup and follow-through in real time before committing to clearing that fence at the end of the runway in real time. Is this a difficult concept?

What did Robert Goddard have in one hand during the early days rocketry? Of course, a model rocket! Did this famous pioneer eschew simulation? No! If he had, it's doubtful he could have ever got it up and off into glory as he did.

Paper trading is usually considered in terms of simulation without penetration. However, it can also be an invaluable means of testing theories of market action in real time and in isolation from other factors, without direct reference to actual trading.

A concern with CRTs is the high voltage used in creating the image. Radiation of various types is produced, including microwaves, x-rays, etc. It's no big deal when watching the game with remote in hand from the couch, but it can be a problem when sitting two feet away for several hours of...

Such is the necessary long toiling.

Bottled spring water, and plenty of it.

Outstanding! With a set-up like that, and a beautiful secretary, who couldn't make a million in a year?

Congratulations on keeping it simple and emphasizing your brain over the hardware experience. However, I would advise caution with two cathode ray tubes up-close for hours. Also, a tea mug seems like a good idea. I tried a whisky glass for a while, but that got a little out of hand.

Maybe there should be a "Special Olympics" for trading.

The IQ test is a formalization of the reductio ad absurdum of mind as calculating machine, I think.

You make an interesting observation. Trading 160 stocks could be putting too fine a point on it. The market isn't that finely resolved. It usually trends in maybe about 20 major groups on a given day. On top of that, add noise.

Understood. You wouldn't actually be selling them the system. You would be licensing the output, one day at a time. Whatever you decide, best of luck with it.

It wouldn't be so bad if you are getting rich at the same time. If your signals are worth, say, an additional 0.35% return per day on an account of $1,000,000 buying power, charge 'em $1,500 for it (per day).

Here's one: Build a slick user interface, and then distribute the output of your system in real time in the form of trading signals. You can charge a fair portion of whatever value-added your "black box" stage represents.