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Share Trading Software (In General)

Nothing is wrong with me SB, but thanks for caring. I have looked at some trading systems and they're interesting. But have you ever tried to systematically test the results of these against random picking?
Unlike you I don't believe there is a conspiracy to hide the perfect method or system and I have no idea what a money mangaler is
 

Often probability of outcome is confused with expectancy as it is in this case.
There is a holy grail/s and all those who trade consistantly profitably have found theirs.
Problem with the majority is that they are looking in the wrong place ---where there are no grails.

Its NOT about being right its about being PROFITABLE
 
Of course it is about being profitable. But in a rising market throwing random darts will also be consistently profitable. I don't call that a holy grail though..
 


can someone please translate this into english for me?
What did that all mean?
 
professor_frink said:
can someone please translate this into english for me?
What did that all mean?

After reading it I think only Stocky knows ?

Bob.
 
rub92me said:
Of course it is about being profitable. But in a rising market throwing random darts will also be consistently profitable. I don't call that a holy grail though..
Hello Rub92me,

How can I say this both you and Tech have a point ! but Tech has a system thats a winner.
Whats yours ?

Bob.
 
: Got ya's a bit confused, and looking back I can see why. Think I'll give that one to the shreader, and call it a mis print.

Don't take it the wrong way, bamboozled about it myself.Puttin it down to a night cap and greed I guess. probally expecting to much from a system. Considering they do a wonderful job already and its up to me to make it better.

I quess the fact that thier can be so many ad ins to trading, it gets the better of me and No I havn't find my Holy Grail as yet and in the long run all I really need is a lot of money, and I'm sure i could make it all worth while.

And stiil think we need a system that can for see the future. (But is it really not possible)

Stock'ie'Bailz
 
Hi Bobby,
I haven't got much of a 'system' myself, but I suppose it's a combo of mechanical/financial with a bit of gut-feel thrown in. I've only been trading for the last 3 years and profitable so far.So not much of a track record. I haven't looked at tech/a's trading system. It seems to have been profitable for tech/a in the past x years, which is great. I don't know of anyone that would want to gurantee that their trading system works and is so confident that they will underwrite my losses if I use it and they turn out to be wrong. Call me skeptical, but that leads me to think that the 'profitable so far' system is the best we can hope for....
 
Hello again Rub92me,

Your doing well for someone whos only been trading for 3 years & is profitable still.
I know the bull market sure does help , have you a plan for when the Bear returns ?

Regards Bob.
 
I don't know of anyone that would want to gurantee that their trading system works Call me skeptical, but that leads me to think that the 'profitable so far' system is the best we can hope for....

Hmm I dont know of anyone who would pay me a fee to use any of my methods that would entice me into making such a guarentee.
Given conditions that trades were audited for accuracy and traded within the blueprint of the method traded,it could be done.
There are sites where you can lease systems to trade (Particularly Futures) and they are rated and rigorously independently tested.

There are many who have profitable methods and its those who dont who are skeptical,I was a skeptic also when I didnt have one either which lead to the developement of TechTrader and others.

and is so confident that they will underwrite my losses if I use it and they turn out to be wrong.

What would you pay for this? Whats it worth? Would you pay me $50,000 a year if after the charge you were profitable? (appropriate trading funds would need to be available) This is all hypothetical of course as I'm not licienced to do any of the above.

As for software it depends on what you wish to do with it.

Analyse OR Build a methodology--two quite different things.
 

Ah does anyone know what this joker is on about? Perhaps he should return to sharescene/hotcopper/ozestock where he belongs?
 
crackaton said:
Ah does anyone know what this joker is on about? Perhaps he should return to sharescene/hotcopper/ozestock where he belongs?


Glad it isnt just me being blonde...
 
Thanks tech/a. A few questions still on the following:

"There are sites where you can lease systems to trade (Particularly Futures) and they are rated and rigorously independently tested."
Would you have some links for me so I can have a look at what exactly they are offering and what happens if I use their system and don't get the promised returns.
"Would you pay me $50,000 a year if after the charge you were profitable? (appropriate trading funds would need to be available)"
Hypothetically speaking I would gladly pay anyone $50,000 a year if it would offer me a guaranteed profit of say 15% a year in excess of the fee over a mutually agreed period and investment capital and I'll get my fee and the difference back if it doesn't. Sounds like a risk free strategy for me that is better than a long term deposit or other risk free strategies. Any offers?
 
Bobby said:
Hello again Rub92me,

Your doing well for someone whos only been trading for 3 years & is profitable still.
I know the bull market sure does help , have you a plan for when the Bear returns ?

Regards Bob.

The bull market has helped indeed. When the bear returns, I'll run and hide and wait: I'm not that confident yet...
 
brisvegas said:
Thanks Pete; I had a quick look and noticed the disclaimer:
" Frank Dilernia can not guarantee that you will profit using these systems or incur a substantial loss. The entire risk of use and consequences of use of the trading ideas contained with the AMT systems fall completely on the subscriber. Further more, Frank Dilernia will not be liable for any liability in any respect for any claims, loss, damage or injury alleged to have resulted directly or indirectly from use of or reliance on the trading ideas contained with the AMT systems, book or any reports developed or released by him. "

Sorry, but I remain skeptical....
 


If you are looking for guarentees in this business i think your search may be perpetual

......... Pete
 
rub92me said:
The bull market has helped indeed. When the bear returns, I'll run and hide and wait: I'm not that confident yet...

Think about using CFDs to short when that happens.

Bob.
 
rub92me
There are no shortage of trading systems around. Indeed the number of systems available makes me wonder why anyone loses money!

www.collective2.com monitors over 1200 trading systems - they claim to be the worlds largest database of trading systems.

You could also consider something like Alan Hull's newsletter for a weekly system.

I don't use any of them and I am not recommending that anyone does without first fully understanding the system being considered and what they are getting into.

I prefer to roll my own trading systems.

Unless you are computer literate and would like to learn to code I wouldn't recommend buying charting software like AmiBroker, although I am sure that lots of people use AB without doing any coding. If you want to draw lines on charts and use standard indicators you would probably go for Incredible Charts. But if you have a desire to write your own systems you would not go wrong with something like Amibroker.

Also
I think it is asking too much to expect a money back guarantee on a trading system AND a refund on trading losses. Imagine the arguments!

regards
Steve
 
crackaton said:
Ah does anyone know what this joker is on about? Perhaps he should return to sharescene/hotcopper/ozestock where he belongs?

Wrong! It's Incredible Charts

Picked Dug's first message a mile off!
 
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