To: j g cordes who wrote (19410 ) 7/5/1999 10:59:00 AM From: Lee Lichterman III Read Replies (1) | Respond to
*OT* You realize that you have just given away for free next years best selling book idea !!! I know you are kidding but IMO you aren't that far off. I could see the day when we all have our automated systems, neural nets, preprogrammed computer programs set up to buy and sell stocks based on our envelopes etc all tied in to the market trading without people pulling the triggers. This would in fact be the "Best" way to trade since it would take out human emotion. Many people alreay do this and to be honest, if I had the money to buy an automated trader, I would do so since I work during he day and miss many trades. I looked at and priced a few but feel I still need to be "in the Loop" since I can't teach a computer to look for all the things I look for just prior to entering a trade like TICK, TRIN, intra day trend lines etc. besides where I want to enter based on my end of day lines. If I ever find a program that will let me "teach" it that, I will be a trading fool not knowing what I bought or sold until I come home at night. Someday, we will all be trading fools and it may not be that far away with as fast as technology is improving. Of course trading will change as a result with MM computers programmed to run stops occasionally based upon "cookies" returns of others computer quiries etc. But then, I am giving you the basis for another chapter of your novel. <ggg>
