Mechanical vs Technical Trading

G_Jimbo said:
I've just finished back testing a trading strategy I have been learning from 'Trading for a Living' and on the GBPUSD from 1st March until 19 May, profit realisation would have been 1614 (best scenario) / 2 = 807 potential?

Is this a good return over 2.5 months?

EDIT: My strategy involves MACD on a 5-min chart backed up on a higher time frame of 1-day.
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2.5 months of testing is not that reliable try 5-10 years :)
 
Mechanical trading is the same as "rulebased trading" is the same as "systematic trading" is the same as "algorithmic trading".

Algorithmic trading and automated trading is not same thing. This is a big misconcetion, I see a lot of people wrongly belive that algorithmic trading got to be automatic. I've seen quant shops/hedgefunds/cta's that are semi-automated. Only an part of the process is automated and the order execution part is manual.
 
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