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[amibroker] Re: Amibroker vs. other software



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For the record. 
Rounding off some sub-topics from this topic.

1. We are over-emphasising the programming aspects of AB.
To me a programmer is a person who writes applications or parts 
thereof.
Most of the time that is not what we are doing in Ami.
We are simply using a prescribed and supplied set of commands to 
customise some features of an application that has already been 
written for us.
*Programming* is only required for specialist projects and even then 
there are pre-written examples of nearly all possible procedures as 
well as people willing to help.

2. I only had to read a programming book to progress with AB because 
I come from a generation who did not have computers on their desktop 
at school.
In the same way that elementary maths (operator precedence) is a pre-
requisite for Ami there are some elementary computer concepts that 
are also assumed knowledge e.g. counters (i = i +1), sorting etc.
I had to read 50 - 100 pages of basic programming to learn that 
stuff.
The kids (those under 40?) would just fly through that.
(believe it or not I even had to learn how to join a Yahoo forum).

3. There is an approximate order of progression in using stockmarket 
software.
a. charting > customised charting
b. scanning/exploring > customised scanning/exploring 
c. backtesting> customised backtesting
d. automation > customised automation

*Programming* doesn't really come into it until at least level c2 
and even then in most cases it is not fully fledged programming (as 
in a standalone third party add-on).

People who start out with Ami walk staight into at their own level.

The forum is a great help but it can be overwhelming as it caters 
for members at all levels.
The trick is to read the topics relevant to your own level or just 
above and throw a white blanket over the heady stuff until a later 
date.
It will still be in the archives when you need it.

4. I only posted my trading story in the forum as a case study in 
the Psychology of Trading.
It is only a primer for the topic *The Success Template*.
Maybe I will do that another day, maybe not.

Trading Psychology is a lot harder to learn than the technical 
aspects.
It is abstract, non-linear, highly personalised, each step in the 
process has to be actuated (lived) not merely paid lip service and 
it proceeds at it's own pace.
The material on the subject, that is in the public domain, that I 
have read is like a Readers Digest version of the theory of 
relativity.

5. I am looking forward to Dr Howard Bandy's book.
I predict it will be quite good and a breath of fresh air in a very 
stale *system traders library* (many of the existing classics are 
years old and recycling the same tired old stuff).
Howard, I love your stated intentions.
Thankyou so much.
A true Elder Statesman of the trading fraternity.


6. OT (OR) interesting observations (OR) advanced Trading Psychology?

Einstein failed maths?
His theories were right out of left field compared to the status quo 
of the day.
He didn't experiment in a physical laboratory.
His axioms were constructed and evaluated in a world of ideas and 
notated only in an abstract language for the benefit of others.
It was only years later that empirical observation proved and or 
disproved his novel (crazy) theorems (ding-dong the classical witch 
is dead!).

Is there a Quantum Memory?
If (NOT) how does the atom continually and precisely reform from the 
Quantum state?
What does that have to do with Trading Psychology anyway?

BrianB2  =8-)

P.S My  posts are riddled with arcane language and symbology.
That's THE WAY it's done.
It's traditional.

--- In amibroker@xxxxxxxxxxxxxxx, "jlami11" <jlami11@xxx> wrote:
>
> Hi Brian,
> 
> thanks for replying in such detail, you've helped in my decision.
> 
> Truth be told I hit a psycological plateau in deciding what 
software
> to use, and how I would need to learn and become proficient at
> programming it. This seems no small task for a non-programmer. But 
the
> way I see it is just to put all your energy into learning it to
> overcome this obstacle. If this can be done you get all the 
benefits
> of being able to program whatever you want to do yourself (provided
> the software allows it), so I guess in the end it is worth all the 
effort.
>




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