The state of system trading: want to make a million dollars with a commodity trading system? Boy, do we have some software for you! Just realize that it doesn't come shrink-wrapped with those stacks of Ben Franklins, and that the biggest variable in the trading success equation--good old hard work--must come from elsewhere.(Technology & Trading)

From: Futures (Cedar Falls, IA) | Date: November 1, 2003| Author: | Copyright information

System trading is generally this: Using the past to forecast the future in a repetitive, or repetitively adaptive, way. For many who attempt trading, it is their &earn to program a trading system that continuously and automatically analyzes the markets and transmits consistently profitable buy and sell signals to their broker. For those who don't wake up to the improbability of building such a money machine, it can morph into an expensive nightmare quickly.

But system trading can be successful You don't have to believe the black-box system software ads with their parabolic ...

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