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there is a reason 90% of volume on the london sx comes from automated systems.. i think they have already been quite successful replacing the human trader.

donno if i believe that. if you look at the US oil production levels for the past 100 years. it peaked around the 70's, which was predicted. and is in steady decline showing that the world is not 'replenishing itself faster than we can use it'. for the economy to grow this year, basically we...

oil peak. recession is inevitable unless we make a significant breakthrough in alternative energies. no real hope on the horizon yet imho.

I use the data from my IB account, I dont know if that is a mistake or not. Can someone explain to me the difference between the data that comes with the IB account and level II data you pay for?

sad to hear about the dd. i hope you keep modifying the system and posting your paper trading performance on this thread.

I agree that locking into a single bot for the whole day would be a mistake, it would have to be dynamic enough to be able to switch back and forth depending on whats happening, or better the bots should do that themselves. You have to view both bots as a single system i think. even running...

mind explaining what you mean by money management? I didn't know what a bid/ask price was 6 months ago. I haven't spent any time learning about the subject. I probably employ my own variation right now.

After reading many posts which state 'a few blow outs before profitability' either as a warning or from experience. I have this question to pose to the forum. I have been trading for around half a year with no real issues. I was wondering if it is normally possible to transition beginner...

no need. if i did go the route of using an indicator to decide between systems, just choose the system with highest expected profitability during 'undecided' areas. in the case of not using a global day indicator, ideally the nature of both of the systems will decide for us, meaning B will...

I bet one ES contract that the poll finishes saying that trading is <i>not</i> gambling.

i think i was misunderstood when i said 'do the opposite'. i meant system A trades well on trend days and stays out of choppy days. and system B trades well on choppy days and stays out of trend days. A if X && !Y, B if Y && !X kind of thing. say system A averages 2000$ a day, system B...

i personally think the term verbal diarrhea is used far too infrequently.

interesting idea jj. a long term research goal for me now. have a system that does well on trend days and tries to keep itself out of choppy days, and a system that does the opposite.

realtime markets with guaranteed fills at visible prices is a myth. esp during high volatility. the ONLY way for this to exist is if the brokerage agrees to eat the slippage for you, but id assume in that case the commissions/spread will have to statistically balance the losses. edit. never...

due to a short conversation I had with another ET poster I managed to reduce my slippage in one of my systems by ~50%. counter point. i find it ironic you use the term ROFLMAO and then proceed to tell someone to stop embarrassing themselves :p

not to be a devil's avocate. but everything is physical. give me the current state of the universe + all rules controlling the universe, and I can tell you absolutely everything that will ever happen from this point on. just because a system is far too complex to model does not imply good...

by that note. the knowledge and math required to use fourier analysis in order to detect varying seasonal or frequency trends is 'already in our minds'? :confused: i think thats wishful thinking. not that iv done any research in that area. also i would like to point out any true psychologist...

new ideas are always sparked by outside stimuli. in there lies the true value of the ET community.

iv had many rational conversations here on ET. i am a math major in computer science. i graduated and instead of continuing down the career path started by co op placements. I decided to go it on my own and try to beat the market. In may started with no knowledge about trading/finance, and...

wrong. for every circumstantial proof i could give you a counter example of why it is not always a delusional concept.