Hello all,
I recently read an article on elitetrader that described the "evolution" of a trader from discretionary trader, to technical trader, to strategy trader
(http://www.elitetrader.com/tr/index.cfm?s=17&t=73).
It was an interesting article and I can definitely relate to the discretionary and technical trader! And as the article would predict, I have been losing money.
The author recommends going to a purely objective method of trading based on backtested strategies and automated entries/exits. My question for all of you is: Is this available in forex? I have checked out the websites of TradeStation and eSignal, and it looks like neither supports the FX market (except for currency futures). I can't find any comparable software for the spot market.
Does anyone know if such software exists?
I recently read an article on elitetrader that described the "evolution" of a trader from discretionary trader, to technical trader, to strategy trader
(http://www.elitetrader.com/tr/index.cfm?s=17&t=73).
It was an interesting article and I can definitely relate to the discretionary and technical trader! And as the article would predict, I have been losing money.
The author recommends going to a purely objective method of trading based on backtested strategies and automated entries/exits. My question for all of you is: Is this available in forex? I have checked out the websites of TradeStation and eSignal, and it looks like neither supports the FX market (except for currency futures). I can't find any comparable software for the spot market.
Does anyone know if such software exists?