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Great reply Herman. Motivational reading really. Thanks, made me feel better. G
Herman wrote:
> Hello,
>
>
> There are many "ready" trading systems in the AFL-Library
> <http://amibroker.com/library/> that will stimulate your mind and can
> give you a good start. However, they may not satisfy the "ACCURATE"
> requirement. There is also an excellent book that can get you
> going: http://www.quantitativetradingsystems.com/
>
>
> Almost all "ACCURATE" trading systems (note that to be "accurate" they
> would have to be mechanical) can only be traded by a limited number of
> traders in order not to destroy the price behavior traded. This means
> that if a trader develops a technical trading system that works very
> well, one that is ACCURATE as you call it, they are not going to share
> it with strangers or publish it.
>
>
> Also be aware that for a trader to develop a good system may take years
> of hard work. Trading systems are not frivolous projects that, when
> completed, one hands out freely. A good trading system can, when traded
> sensibly, provide an income for many years, i.e., it may be worth
> millions of dollars. This is one of the reasons that virtually all
> trading systems that are sold on the Internet, some for as much as
> thousands of dollars, are worthless. It simply doesn't make sense to
> sell a trading system - except when they the system you sell enhances
> the performance of the system you privately trade.
>
>
> To succeed in technical trading requires a lot of study. Learning to use
> afl simply takes time; anyone can do that. Developing a good trading
> system is another ball game and requires considerable research and
> innovation.
>
>
> Best regards and good luck,
>
> herman
>
>
>
>
> For tips on developing Real-Time Auto-Trading systems visit:
>
> http://www.amibroker.org/userkb/
>
>
> Friday, January 25, 2008, 8:24:50 PM, you wrote:
>
>
>> Looking for AFL for Amibroker which gives ACCURATE buy sell signals
>
>> with Analysis and Graphs. Help is sought from the seniors.
>
>> Regards.
>
>
>
>
>> Please note that this group is for discussion between users only.
>
>
>> To get support from AmiBroker please send an e-mail directly to
>
>> SUPPORT {at} amibroker.com
>
>
>> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
>
> > http://www.amibroker.com/devlog/
>
>
>> For other support material please check also:
>
> > http://www.amibroker.com/support.html
>
>>
>
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>
>
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>
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>
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