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

Thomas: Maybe if I can find a sound money management system then I'd be more than happy to play it discretionary, but so far I think I would be wise to concentrate on building a system that work and rely on it!

Ara: This is interesting, but again this is automated system; I'd have to learn how to use it.. But if that's what I need, then I will do it. Would you recommand first finding a system that work and then making it better with automated trading, or building the system considering that there will be no delay for the trades because it will be automated?

Thanks,

Louis

2008/7/31 Ara Kaloustian <ara1@xxxxxxxxxx>

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.

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