The last time I taught anything was English conversation in Japan... I ruined a generation of young Japanese English speakers with Aussie slang
Lorenzo - frankly I haven't - and so far I have not read much about. However, in a way a pity for this thread is that Dragon, Austin and others are unwilling to give a little bit more in precise terms - particularly with regard to autom. trading - IMO Charly
I think one has to find a balance. It would be wonderful if our every need was met by others, but as far as I can see, those things worth having are most often worked for A couple of things worth noting. First I am not sure that Traderdragon or Austin have much to offer in the way of automated trading technology. Most skilled professionals come out of first tier schools with graduate degrees and abilities to program that neither person has demonstrated here. Its rather a long road to get those skills and people who have them are paid rather handsomely on "The Street". They don't post here, primarily because of contractual restrictions. Knowing that, perhaps you might consider going out and "getting" those skills yourself. Fulfilling your own needs. Buy yourself a book on C++ and start the process. Also there are some excellent books that demonstrate a process for using program skills to develop your own system. One good reference is a book titled "Encyclopedia of Trading Strategies" by Katz & McCormick There you go, now you have a start of sorts that, depending on YOUR skills, and willingness to work at it, could develop into something of great value. Good luck Steve
<b>Steve</b>, you are absolutely right about my total disinterest in mechanical systems. I've spent enough time in that world on the retail trader's side to satiate any personal desire at this time. If by chance we see someone post real time, eye-popping results in P&L 2007 thread from a <b>100% mechanical, hands-off, let it run and never look at the charts for an instant all month</b> system, I'll surely reconsider my current stance.
Steve thanks for your friendly comment: >>Buy yourself a book on C++ and start the process. Also there are some excellent books that demonstrate a process for using program skills to develop your own system. One good reference is a book titled "Encyclopedia of Trading Strategies" by Katz & McCormick<< It would not even help me to buy a dozen books - I'm just not talented in this field. Charly
Well there is a second choice, although it is a stretch. You might try taking a programming class and making friends with someone who does have talent. Even if you have no talent, taking a class would give you a valuable background to work from, and you could see first hand who really does have talent. Its just a form of networking. If you can find someone who does have talent and make friends so to speak, you might be able to strike a deal to share proceeds if you can develop a workable system. Good luck Steve
However, If I combine my system (the guppy system with macd) and T28 system (SMA3 +2shift with macd) now we really have something!!! So here it is (free of charge on E-signal) todays action: 1). EMA 1 (black) current price on bar. 2). SMA 3 (green) +2 horizontal shift. (T28's M.A. Projector) 3). EMA 3 (blue) short term investers. 4). EMA 5 (blue) "" 5). EMA 8 (blue) "" 6). EMA 10 (blue) "" 7). EMA 12 (blue) "" 8). EMA 15 (blue) "" 10). EMA 30 (red) Long term investers. 11). EMA 35 (red) "" 12). EMA 40 (red) "" 13). EMA 45 (red) "" 14). EMA 50 (red) "" 15). EMA 60 (red) "" 16). Macd (12-26-9) 17). Stoch (14-1-3) See enclosed E-Signal chart and see what you think (see we share our ideas) !!! snarlyjack
***Secret to the Guppy System*** The (Blue M.A.'s) short term investors are the first to act. Traders like us. But were undercapitalized. Get in, make some money and get out. (like me). The (Red M.A.'s) long term investors, are slower to act. But they have the "big" money to invest. Like Mutual Fund Managers. (Not like me). The red investors are pushing the blue investors around. When the blue M.A.'s break through the red M.A.'s short or long the market tends to follow in that direction. A lot of times the market will go down into the blue or red and bounce back, long/short. It is very important to know what the other traders are doing and what the mutual fund managers are doing!!! Then we can make our plans. Using T28's SMA3 +2 shift we can project the market and "kinda" see into the future. Not 100% but not 0. My stop in when the Stoch turns against me and crosses, I sell. There you have the secret to part of our little world. I would love to hear your secret!!! snarlyjack