Welcome to the madman's diary!
For the past year, I've been trying to develop indicators/systems that would fit into a larger, automated trading system. Whilst backtesting, I found that these systems would only work during certain periods during the market, and on many occasions, the returns were unsatisfactory. In fact, it would have been better if I had just taken punts with trailing stops!
Furthermore, the amount of time required to maintain/adjust these systems, and the time associated with learning the scripting languages needed to write them e.g. AFL, is just too great and IMO too boring.
As a result, I've decided to delve into discretionary trading.
The first step is to figure out if I've got positive expectancy using a simulator. I've been using Interactive Brokers' paper trading account but it's just tooooooooo sloooooooooooow (I'm limited to cash trades & ASX stocks as I'm 20 years old) and again, boring. So I've jumped onto ninjatrader, and have started using the simulated data to trade intraday, which is actually quite "fun" (it's that instant dopamine hit when you get something right! )...
Anywho, I'll try and keep this diary so that other newbs can get some ideas and learn from my mistakes.