Comments on: The New Decision http://benjismith.net/index.php/2006/10/28/the-new-decision/ Benji Smith, Software Research Tue, 08 May 2012 19:24:19 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Nope http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-66674 Nope Mon, 19 Nov 2007 11:41:46 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-66674 So... what's the current state of play? So… what’s the current state of play?

]]> By: Nick http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-22852 Nick Sun, 25 Feb 2007 23:04:22 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-22852 benji, it sounds like you're onto a good idea. There are two types of technical analysis as I'm sure you are aware. Indicator-based TA is reasonably easy to backtest programatically, but the touchy-feely "open to interpretation" type chart-pattern TA presents some complex coding problems, which is what I think you'll be attempting with VaporTrade? I've looked around at various backtesting packages. the one I've found the best designed from a software point-of-view is TradingSolutions 4 at www.tradingsolutions.com I've used the evaluation version and am very impressed with it. It can do standard entry/exit trading system stuff, but it's strongpoint is neural networks. The other one that caught my eye is OpenQuant at www.smartquant.com - it has a Visual Studio type UI with trading strategies you can code in C# ! http://www.smartquant.com/openquant/openquant_code.jpg benji, it sounds like you’re onto a good idea.

There are two types of technical analysis as I’m sure you are aware. Indicator-based TA is reasonably easy to backtest programatically, but the touchy-feely “open to interpretation” type chart-pattern TA presents some complex coding problems, which is what I think you’ll be attempting with VaporTrade?

I’ve looked around at various backtesting packages. the one I’ve found the best designed from a software point-of-view is TradingSolutions 4 at http://www.tradingsolutions.com

I’ve used the evaluation version and am very impressed with it. It can do standard entry/exit trading system stuff, but it’s strongpoint is neural networks.

The other one that caught my eye is OpenQuant at http://www.smartquant.com – it has a Visual Studio type UI with trading strategies you can code in C# !

http://www.smartquant.com/openquant/openquant_code.jpg

]]> By: benji http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-19608 benji Sun, 28 Jan 2007 20:51:07 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-19608 Interesting. I hadn't heard of FatKat, though I'm familiar with Ray Kurzweil. I tried digging around the website a little bit to find screenshots or feature lists for the software, but there are none to be found. My hunch is that the FatKat software is currently in development, much like VaporTrade is currently in development, and we won't see any actual details about FatKat until the software has actually been released. I'll keep my eye on it, though. Thanks! Interesting. I hadn’t heard of FatKat, though I’m familiar with Ray Kurzweil.

I tried digging around the website a little bit to find screenshots or feature lists for the software, but there are none to be found.

My hunch is that the FatKat software is currently in development, much like VaporTrade is currently in development, and we won’t see any actual details about FatKat until the software has actually been released.

I’ll keep my eye on it, though. Thanks!

]]> By: George http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-18595 George Thu, 18 Jan 2007 21:09:47 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-18595 Have you seen http://www.fatkat.com/ ? Ray Kurzweil's behind it. It seems to deal with AI and pattern recognition in stock charts although I haven't dugg any deeper than that yet. Have you seen http://www.fatkat.com/ ?
Ray Kurzweil’s behind it. It seems to deal with AI and pattern recognition in stock charts although I haven’t dugg any deeper than that yet.

]]> By: na http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-10540 na Sun, 10 Dec 2006 21:47:20 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-10540 Where are you? :) Where are you? :)

]]> By: Ali http://benjismith.net/index.php/2006/10/28/the-new-decision/comment-page-1/#comment-4797 Ali Sat, 28 Oct 2006 23:31:32 +0000 http://benjismith.net/index.php/2006/10/28/the-new-decision/#comment-4797 I think you're onto something here. Just a few days ago I was sitting with a trader I know and watching him work, and I was shocked to see that all he would do was stare at the screen, at the price going up and down and buying/selling whenever the prices came to a certain point. I was thinking to myself, dang, this can definitely be automated. It was also pretty surprising to me that the software he was using for this cost $100/month, and even recommendation services (the kind which send you an email recommendation each month) cost over $50/month most of the time. I was just thinking how there's a lot of money to be made in this market. Best of luck. You'll do great! I think you’re onto something here.

Just a few days ago I was sitting with a trader I know and watching him work, and I was shocked to see that all he would do was stare at the screen, at the price going up and down and buying/selling whenever the prices came to a certain point. I was thinking to myself, dang, this can definitely be automated.

It was also pretty surprising to me that the software he was using for this cost $100/month, and even recommendation services (the kind which send you an email recommendation each month) cost over $50/month most of the time. I was just thinking how there’s a lot of money to be made in this market.

Best of luck. You’ll do great!

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