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I saw you've wrote a lot of good posts, just my 2 cents, we are here on Mike's forum to talk to each other, to discuss, to share, to feed (who can) and to learn (who wants), but not to fight with each other.
However I've noted that a lot traders has "aggressive or contrarian nature" as it's just one of trader professional features
almost got it right. I used to be a mailman, so I was able to sneak in the trading room.
before I leave can I ask you for a favor (even if I offended you)? without my disrespectful posts, would you have come back to this forum? I had a feeling you just made 10 posts so you can download whatever you needed.
as my experience as a mailman I know professional trading is pretty demanding and I was not sure if you are going to spend time in this forum on your spare time. not much for you to gain here.
I was, as most of us very glad, that pro trader appeared here and we can talk to him a bit, but...
Usually "serious" firm has it's own historical data base, so not need to search in free sources
Silvester is contributing a lot to that forum and deserve certain respect even if he was not right, but...
when person told : sorry !
it's not correct and good continue to press that person
Yes, most of us here are beginners and "retailers" as I call it and we are here to learn, to discuss and to help each other.
Holy crap. I actually didn't know anything about Victoria Concordia Crescit so I googled and got my learn on. "Victory comes from harmony" pretty much sums up how the Gunners play and what makes their style incredibly unique.
I may be some years late to reply this post but I would not be so skeptical with mechanical trading. I manage a little prop company and we trade since 5 years emerging cash markets. We trade them the old way...so buy the bid, sell the ask. Since two years we started to look further to automated trading as well.
In the last two years we developed and put at work some mechanical strategies on different kind of instruments and results are not great but not bad at all.
It's just different from manual trading, profit and consistency of the profit can't be compared to manual trading but can be better measured.
Indicators can help when you develop a trading strategy but I would say that the importance of an indicator can weight 20% on the strategy, the remaining is position and money management.
Also a strategy can work for some time then stop working and loose money and then start working again. That's why you can't run just only one strategy but you need to have different kind of strategies working in as many instruments as possible. So future, stocks, currencies, options.
Off course it is a long process and I can't say we are already there, actually we aren't even close, but it just make sense to me.