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Re: A peek inside Tradestation.com - what would it show?


  • To: "Hakan Persson" <exp@xxxxxxxxxx>
  • Subject: Re: A peek inside Tradestation.com - what would it show?
  • From: foolsgold <foolsgold0@xxxxxxx>
  • Date: Sun, 9 May 2004 23:31:38 -0700

PureBytes Links

Trading Reference Links

Wouldn't it be best to monitor everybody for $$security reasons$$
how can they know if there is any $$unusual activity$$ going on if they
don't already know what normal activity is.
best regards
foolsgold

HP> Hi

HP> I was thinking - If  I owned Omega Research and had their customerbase of several thousand traders,
HP> all trading through my brokerage division, I would know that in the long run most of my clients
HP> aren't all that lucky in the market. But a certain percentage would do well. Maybe they're great
HP> programmers and analysts who between them have put countless of hours into setting up their
HP> Tradestations. Or maybe they just have a natural feeling for where the market is heading next.
HP> I know in my heart that I would want to know how accurate the worlds best trading systems could be.
HP> I would want to know that, and I would know that the answer was sitting right there inside my
HP> company's server.
HP> So I would analyse the most prospering top 5 % of my clientbase, based on what markets they're able
HP> to skim the cream off of, and even build systems around their trades, for  truly outstanding
HP> signals in each market. It would be like having hired a large group of the most brilliant analysts
HP> you could find.
HP> I might not use the results for my own benefit. Maybe that's illegal, or maybe I would be earning
HP> quite enough from my commissions. But I'm pretty sure I would want to know how well my most skilful
HP> customers were doing, and how accurate they are, between them.
HP> Or maybe the answer is a sobering one, maybe the server would show that there aren't hardly any
HP> hotshot traders who constantly makes a fortune year after year. Maybe the outstanding ones only
HP> manage 5 to 12% profits after taxes, in the long run? (Which ofcourse isn't bad, if you start out
HP> with alot of money). Is that the real reason we don't see advertisments from Omega featuring their
HP> most skilful subscribers sipping drinks in the Carribean?  
HP> Anybody know the Cruz brothers well enough to get an answer from them on this ageold question about
HP> the little guy versus the market?

HP> Sigge