Re: [amibroker] Re: Anyone actually making money?, AmiBroker Email List Archive

Hi professor,

Is there a particular reason why you chose futures over stocks?

And why do you use IB automatic trading if trading delay is not a problem? It seemed to me that the more volatile a market is, the faster one must buy/sell.

I'm still thinking about trying IB automatic trading, but it just seems like a hell lot of trouble to learn how to use it. Was it easy for you?

BTW, you said Barry helped you to write the code. This must help! ;-)

Louis

2008/7/31 <professor@xxxxxxxxxxxxxx>

Louis,

Since I only make trades 3 specific times a day, I don't worry about the trade delay. I do use IB automatic trading. I have just finished testing it. I would watch my auto trade and then trade it manually. Now I am switching to auto trading completely. I had Barry write the trading program for me. It seems to work great. However, my trading part may have a problem which prevents a trade occasionally, but it doesn't prevent my trading from being very profitable. I only trade gold futures which as you know as very volitable.

Tom

----- Original Message -----

From: Louis P.

To: amibroker@xxxxxxxxxxxxxxx

Sent: Thursday, July 31, 2008 9:48 AM

Subject: Re: [amibroker] Re: Anyone actually making money?

To Tom: Do you use IB automatic trading? Is it possible to test such feature? I find that intraday trade delay is a major reason why I don't make any money. If I was faster I could do better.

Thanks,

Louis

2008/7/31 <professor@xxxxxxxxxxxxxx>

> Is it not obvious to you that some people�s personality calls for a

trading system, while others personality calls for a discretionary
approach.

I think that is the best thing that I've read on this thread!

I agree. I have found that I am too emotional to try day trading because I make emotional decisions. That is why I developed an EOD program to trade. When that was very profitable, I had my EOD program converted to a real time program and auto trade. I use a dat/night chart and only trade 3 times a day. Now I just watch to make sure the auto trade is working correctly.

Tom

----- Original Message -----

From: tuzo_wilson

To: amibroker@xxxxxxxxxxxxxxx

Sent: Thursday, July 31, 2008 7:31 AM

Subject: SV: [amibroker] Re: Anyone actually making money?

--- In amibroker@xxxxxxxxxxxxxxx, "Jan Malmberg" <jan@xxx> wrote:

> Is it not obvious to you that some people�s personality calls for a
trading system, while others personality calls for a discretionary
approach.

I think that is the best thing that I've read on this thread!

Tuzo