Question to profitable automated traders

Autotrade systems can be brut forced as indicated above or much better yet be created around logic as mentioned above, or at least to understand the logic of the brut forced system after it reveals a winning combination otherwise, improving the system would lag greatly and soon fall short in changing conditions.
As to what is required, Math, Statistics, High level of programming, very high inteligence and a genius in creativity and lastly 18 hours a day x 7 days a week. Ahhh, almost forgot, staying power.
 
Quote from rtstrading:

Good luck fella..............this is what you are up against:


http://www.tradingsystemlab.com/home.aspx

"Trading System Lab will automatically generate excellent Trading Systems on virtually any market in approximately 20 minutes to 1 hour using a very advanced computer program known as a AIMGP (Automatic Induction of Machine Code with Genetic Programming). Creation of a Trading System within Trading System Lab is accomplished in 3 easy steps. First, a simple preprocessor is run using TradeStation™ (or any of our other data preprocessors) that automatically extracts and preprocesses the necessary data from the market you wish to work with. TSL accepts CSI, MetaStock, AIQ, TradeStation, Free YAHOO Internet data, ASCII, TXT, CSV, CompuTrac, DowJones, FutureSource, TeleChart2000v3, TechTools, Yahoo Finance, XML, Binary and Yahoo Streaming data sources. Second, the Trading System Generator (GP) is run for about 20 minutes to 1 hour to evolve a new Trading System. Third, the evolved Trading System is formatted to produce new Trading System signals from within TradeStation™. The Trading System may then be manually traded, traded through a broker, or automatically traded. You may create the Trading System yourself or we can do it for you. Then, either you or your broker may trade the system either manually or automatically. "

Jesus Christ, that thing costs $60.000 :eek:
 
Quote from StocksSniper:

If you live in Los Altos Hills CA area I can introduce you to some. My g/f have plenty of czech friends...
Just don't let any of them take you to one of those eastern european youth hostel type places.:(
 
60 grand is nothing

the big IB's are spending millions upon millions to develop algos to compete with "daytraders", funds, the market, etc

look at any trading desk now...no more humans..they have been converted to cubicles to house MIT PHD's to just test and test programs

plus... if this thing really works..which i have no idea.... 60k u should make back relatively quickly

but i know that if you have a program...its not enought ot backtest..its FULL TIME work to make sure systesms work, feeds dont get changed, algo remains profitable, tweaking, etc etc

its def the future though
 
60 grand is nothing

the big IB's are spending millions upon millions to develop algos to compete with "daytraders", funds, the market, etc

look at any trading desk now...no more humans..they have been converted to cubicles to house MIT PHD's to just test and test programs

plus... if this thing really works..which i have no idea.... 60k u should make back relatively quickly

but i know that if you have a program...its not enought ot backtest..its FULL TIME work to make sure systesms work, feeds dont get changed, algo remains profitable, tweaking, etc etc

its def the future though and the prestent for that matter
 
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