Quote from ChrisMMM:
i started w/ stocks due to the fact that it's a better market to learn on because it's not leveraged. also, i use no stops i find they do not add anything to the underlying strategy. Also, I believe that money management, although a very important part in system design, has no effect on the outcome of the stategy.
i don't know why people think that building mechanical trading systems are much more difficult than trading manually. I mean after all, I have no idea how one would figure out beating the market without a thorough backtest. Upon completion of this you have your mechanical system.