Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Dave O. who wrote (593)	6/28/1998 5:55:00 AM
From: Eric P	Respond to of 1729

How did you pick your expert(s)? Did you use multiple experts? The initial 'expert' has been myself. My testing to date has been used to test the programming and reliability of the system. Soon, I will be moving into the beta test phase and will enlist 3-5 other 'experts' to beta test. I will individually work with each of them to configure their systems for them. If so, did you have any rules that conflicted amongst experts? How did you resolve these? This should only happen to the same extent that it already happens now in the marketplace. The only comment I would add is that when or if this happens, the profitable trade goes to the one who gets there first. The speed of this system should provide an important advantage to getting these trades before others can do it manually. Is your system a pure day trading system or do you get into multi-day trades as well? Strictly daytrading. I think many day traders are still into momentum plays. I'd expect a system like yours might produce a wider range of candidate trades? This is true, and is one of the reasons the platform was created. I believe a trader can closely monitor only a few stocks at a time for trading opportunities. The computer can closely monitor every stock on Nasdaq and then execute a trade whenever the users very specific set of constraints are met. Last, does your system work for both long and short plays? Yes. -Eric