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Re: Who is afraid let their systems run unattended?



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As I mentioned before, a scalping system that takes 1
or 2 tick profit shouldn't be very hard to program. I
know a couple of people who use it on multiple
markets, and I am pretty sure they do leave it
unattended while they sleep.. heh

--- Alex Matulich <alex@xxxxxxxxxxxxxx> wrote:
> Jimmy Snowden wrote:
> >You must be talking about automatic order entry.  I
> have no problem
> >running TS2ki unattended for weeks at a time.  It
> only blows up when I
> >mess with it.  I can see how automatic order entry
> would be great but
> >this boy is not about to trust it for more than say
> an hour at most.
> 
> Based on secondhand experience I'd have to agree. 
> One person I know
> who trades for a living won't go near auto-trading,
> he totally lost
> interest in it after a trader HE knows lost $750K
> from auto-trading
> problems, and he had a team of 3 professional
> programmers working
> for him.
> 
> That said, my goal is to develop a trading system
> that can
> auto-trade.  However, I won't leave it alone
> unattended.  I'll want
> to watch it.  Auto-trading will free me up to pay
> attention to other
> things like research and testing, instead of being
> glued to my
> trading system all day, placing orders manually.
> 
> -Alex
>