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



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Herman has done a bunch of work in this area and his conclusion was (and I paraphrase) that the delays in autotrade become negligable if you trade with 3 min bar charts (or longer).
----- Original Message -----
From: Louis P.
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 -----
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


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