Re: Giving your trading system to one broker ?

["Chris Cheatham" <nchrisc@xxxxxxxxxxxxx>]

I think for the vast majority of people, any loss due to broker carelessness
would be outweighed by their lack of discipline.  And besides, the good
system brokers stand behind their service.  If they miss a trade, they stand
behind it.

While my broker doesn't run TradeStation systems for me at this time, he has
at times in the past (both EOD and short term) with very good results.  If
my situation warranted it, I would readily do it again.  The biggest problem
I encountered was in synchronizing signals on intraday systems between his
datafeed and mine.  If someone is seriously interested in system brokers,
please email me privately and I will give you a referral.

Chris


-----Original Message-----
From: Jim Allen <jallen7@xxxxxxxxxxxxx>
To: Philippe <plhermie@xxxxxxxxxxxxxxxx>; Omega Mail List
<omega-list@xxxxxxxxxx>
Date: Thursday, May 13, 1999 12:38 PM
Subject: Re: Giving your trading system to one broker ?


>Or, to put it another way, you substitute your lack of discipline for your
>broker's carelessness.  Which would you rather put your money on?
>
>Jim Allen
>
>Philippe wrote:
>
>> Hi All,
>>
>> I'm considering to "give" one of my systems to one broker.
>> Several brokers are agree to trade someone's system created with TS.
>>
>> I see 3 big advantages :
>>
>> 1. Once they trade it for you, you can do something else
>>
>> 2. It avoids you to "cheat" : you will always follow your system
>>
>> 3 You don't need real time data feed, because you use your data only to
>> create or improce your systems
>>
>> One disadvantage :
>>
>> You give your system to someone else, but with TS2000, you can export
your
>> system in a protected ELS .format
>>
>> I'd like to share your thoughts.
>>
>> Thanks,
>>
>> Greetings from Paris
>>
>> °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°
>> plhermie@xxxxxxxxxxxxxxxx
>>
>> Philippe Lhermie
>> ===================================
>