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Old 07-07-2011, 10:44 PM   #25

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Re: Newbie Desperate for Advice

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Originally Posted by Tams »
I think you have confused "complicated system" with the ability of a programming language.
but I am glad you can do what you can do.
I am completely aware of programming languages - I know several and have been writing code since the mid-70's. What I AM saying is that it is possible to make all the money you'll ever need with simple code - tradestation EasyLanguage works just fine in this regard.

EasyLanguage is not complicated - it reminds of me of BASIC with Pascal like structures. I only use a tiny subset of it and my systems work just fine - I have never had an idea that I couldn't easily code in EasyLanguage.

I have seen some EasyLanguage code that it absolutely amazing - systems that have dozens of lines of beautiful code - however, these systems don't make any more money than my clear, simple, basic systems.

tradestation comes pre-packaged with many systems, and there are virtually unlimited numbers of systems being sold and rented all the time - and again, I have not seen any that can make more than 3-7% per month, compound, over any length of time in out of sample testing. 3% per month compound is 42.6% per year, and 7% comes to 125.2% per year. All you have to achieve to make 100% per year is 5.9% per month compound.

What I am trying to say is to "keep it simple" so you can understand and trust your system. You don't need to have a PhD in programming to come up with a profitable and workable system.
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Old 07-07-2011, 10:48 PM   #26

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Re: Newbie Desperate for Advice

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Originally Posted by eqsys »
I am completely aware of programming languages - I know several and have been writing code since the mid-70's. What I AM saying is that it is possible to make all the money you'll ever need with simple code - tradestation EasyLanguage works just fine in this regard.
I am glad you know what you know.

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Originally Posted by eqsys »
EasyLanguage is not complicated - it reminds of me of BASIC with Pascal like structures. I only use a tiny subset of it and my systems work just fine - I have never had an idea that I couldn't easily code in EasyLanguage.
Like I said, I am glad you can do what you can do.
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