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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TheStockStalker who wrote (17438)1/3/2006 11:59:26 AM
From: Sam Citron  Read Replies (2) of 18137
 
Cybertrader Question:

I just clicked on a Cybertrader ad and took a short online tutorial on the Backtesting feature for use in developing and testing trading strategies. Seems very nice. But what I wanted to know was: Suppose I find a strategy that works really well. Can I now tell Cybertrader OK, go ahead and implement this strategy, i.e., automatically generate buys and sells based on the strategy that I have selected (with a manual override system, maybe, just in case) or do I then have to babysit the market setting alerts and laboriously waiting for them to be triggered whereupon I have to manually place the orders? I called Cybertrader and was told the answer is the latter. Too bad.

Sam
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