there can never be a trading system
- Thread starter chipmunk
- Start date
I have spent a lot of time developing trading strategies which work very well manually (>80% winners). And I have spent tens of thousands on having them programmed. They produced not nearly my results trading manually.
I am still looking for the program or programmer to implement my strategies for automated trading.
Happy trading,
Felix
I am still looking for the program or programmer to implement my strategies for automated trading.
Happy trading,
Felix
I respectfully disagree. You may be able to outperform your automated system by manually over-riding it's signals but there are other issues to consider.
I use automation to monitor / enter / exit multiple markets, more than I could ever devote my full attention to in real time.
And lazy, NO. I have spent countless hours fine tuning my strategies. That they may mean I "work less" during market hours than some, but that is just one measurement.
I have 100% automated systems that have made money every year since i started trading them. Calendar years 2005, 2006,2007 and 2008 all highly profitable.
They dont make money every month or every quarter but they make money 99 years out of a 100.
The markets are always changing and they are always the same.
They dont make money every month or every quarter but they make money 99 years out of a 100.
The markets are always changing and they are always the same.
And this is based on what? Thousands of hours of systematic testing? Or a few bad experiences?
I agree that finding a good TS is difficult...much harder than vendors say. And even the best ones require you to sit through large drawdowns and/or flat periods--more than most people can take. But there are systems with good long-term performance spanning decades. They just aren't easy to find or design.
I agree that finding a good TS is difficult...much harder than vendors say. And even the best ones require you to sit through large drawdowns and/or flat periods--more than most people can take. But there are systems with good long-term performance spanning decades. They just aren't easy to find or design.