booking, I don't need to back anything up to you. This thread is a question of whether it's possible or not. It's not a primer on proper system development. Personally, I couldn't care less if any of your banks use automation for speculative trading. That is meaningless. Many professional and profitable CTAs use automation in their trading for a living. I use automation quite profitably myself. Whether it's best for you or not is irrelevant. Your discretionary methods may be fantastic. I work better in an automated environment, and there is nothing wrong with that. I prefer it this way. Your comments are 100% unsubstantiated. You know nothing about anything that I do. To clue you in, we have many systems that have traded spot forex over the past year and a half and have performed as well or better than during testing. Testing is an extremely important process with many difficulties, and it is quite easy to do it incorrectly. For you to assume I don't know what I'm doing, however, is both baseless and wrong. All systems we use have been tested on out of sample data prior to going live, and several of them are purely price-based, no indicators. And FYI, they work in all markets. Good trading...
Last year's winners after 2 months trading: http://www.interactivebrokers.com/en/general/education/olympiadWinners.php?ib_entity=llc First 8 places all made an annualized gain of 100% or more...
Yeah, that's a great sample there... a contest that rewards highest return, no questions asked, with no regard for risk whatsoever. The systems that win this contest would *never* be traded with real money.
Has anyone tried autotrading with a system off collective2.com? Seems to be some good systmes there whose results are independently verified.
I think the system is just the infrastructure for the trading activities. the different that it make will be the rules that it use.
What were the starting balances? I noticed there weren't any stats, unless I looked in the wrong place.