Cyborg is perfect on Usd/Jpy thus far. It's solid.
Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.
http://hft.serialcoder.com/ -- Quantitative Market Reversal Levels --- The only indicator you'll ever need.
the question is how long....
can u share result?
It does exist, but more in realm of super technology bordering legend like Nicola Tesla free electric power that suck power directly from vacuum or Testatika Generator that collect energy literally from surrounding Air, then there are magnets, etc...
What's currently available is solar power - everybody are more familiar with, wind/water turbine, turbine engine, piston, internal combustion and steam power goes at the bottom of the list in terms of efficiency
That can be used as analogy for technological sophistication practically in any field. Even in math you can run calculations and arrive to same results by different means, some are more efficient then the other.
Trading system has no physical parts - it is a pure intellectual creation - operating on the power of discrimination, cognition and concept. And only as good as that and if it is sophisticated enough, it can become self sustainable or what is called - The Holy Grail.
That's theory of cause (still in works)
In practice - Holy grail Trading System is not available for general public at the moment. Even somewhat decent solutions are only becoming available. As in any new field there is still lots of scam and misunderstanding going, but picture gets clearer with each year. And better systems are available and most of them are free, but they are only tools and only as good as the skill of the trader.
They require maintenance, optomization. Set once and run it forever - this is more of a dream technology of the future. It isn't available for public, that's for sure, but marketers abuse it using as a wrapping for selling junk. But it doesn't mean stop dreaming, rather stop buying useless junk. Put everything to the test.
Also I would be cautious about words like "doesn't exist" or "impossible". Because nothing is impossible and the notion of non existence versus existence is more of a philosophical nature rather then practical.
There is lots of use and abuse going at the moment, but that's not new, rather old and boring. And Yes it's important to get real, and see where you are now and work on your own qualifications and better understanding of the field.
"Only as good as you paid for" becoming a slogan of the past. We live in the information age, when money becomes information. Money took over everything by the end of 20th century. Now we have next shift, the information revolution.New slogan is "You are getting paid only as much as the worth of your idea" Information, not the money become a universal measure of things. This is important transition of consciousness many are barely coping with.
Now best systems are developed as open source as a collective project where information and understanding is being exchanged in forums as money being exchanged in trading pits. That involves many volunteering contributers and that's picking up trend - this a much more efficient way and becoming the only way. When you share freely, you get much more of a market edge in return much faster then trying to package, lock it and sell as a secret code in a conventional way
Many still don't get that.
Kkeep in mind we live in times when Linux open source is becoming a much more serious rival to MS with every year.
Trading technology is following exact same path, perhaps even more so.
Internet Forums are the information exchanges and at some point they will become more important then stock exchanges. In Info exchanges - honesty and selfless service to others becomes even a more important standard and more obvious form of gaining in life.
Did I go too far? today is Sunday, I guess that's ok for Sunday.
Last edited by Metatrader7; 08-02-2009 at 22:58.
lol last post is interesting... but does resemble a spambot in the way of its content hah!