Hi Zugli,
This only answers one part of your question, but I don't use TS so can't answer the rest.
I can tell you that automated (system) trading does work; though I think you need to set some goals about what it is you want to accomplish with your systems before you dive in.
For example, I used to work for a hedge fund and the guys that ran it had a good system, but it worked so well for so long they got greedy. They started to leverage up.
Then one day the systems blew up. Boom. They couldn't believe it. They kept trading and trading and trading the systems, thinking the systems would recover. They never did. They lost all of their money
and their business.
My view would be to parcel out the portfolio you have allocated for system trading into several competing systems, across different markets -- one in commodities, one in stocks, etc. Use some of your own, and maybe buy one or two (Aberration, etc.) that you know have good track records.
If you get egotistical about something you have created yourself and put all of your cake into it, somewhere down the line, the market is going to eat your cake for lunch and leave none of it for you.
Hope that's helpful.
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Hi dear friends!
I'm new here and I like this place.
I just open a new account with TS brokerage and I would like to know about your experience with automated trading. It works? Do you use it?
I optimized some trading systems that I would like to run on 240, 480 and 720 min.
Another question: do you know if it's possible to backtest a ts only in a particular session? and then run it in automated mode in the same session?
Thank you in advance for your help |
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