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Re: Dagobert [Re: Joey] #383175
09/16/11 19:24
09/16/11 19:24
Joined: Jul 2008
Posts: 894
T
TechMuc Offline
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TechMuc  Offline
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T

Joined: Jul 2008
Posts: 894
i bet jcl is not really interested as long he receives his money wink

btw: theoretical view: this CAN not work, because if it worked, more user would use it. If more users use it, they push the prices at the same time and influence the currencies. If really a LOT of people are using this it will be contraproductive to use this tool, as you'll buy when everybody buys, and sell when everybody sells, just seperated by different lags to the internet..

So my conclusion: If this tool works, it will stop working with rising sucess. If the tool does not work, it will never work laugh

Or am i wrong somewhere (as already said: not that this is really important to jcl, as this is probably contract work, and not work, paid depending on how sucessful the tool is).

Last edited by TechMuc; 09/16/11 19:25.
Re: Dagobert [Re: TechMuc] #383186
09/16/11 22:40
09/16/11 22:40
Joined: Jul 2008
Posts: 1,178
England
M
MrGuest Offline
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MrGuest  Offline
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Joined: Jul 2008
Posts: 1,178
England
Originally Posted By: TechMuc
paid depending on how sucessful the tool is
I doubt very much this will be the case. I can't imagine someone's offering JCL a contract in which he only gets rich if the contractor does.
Though now, this suddenly reminds me of the other project recently undertaken and thinking maybe he did sign a contract with this being offered.

Re: Dagobert [Re: MrGuest] #383223
09/17/11 14:11
09/17/11 14:11
Joined: Aug 2000
Posts: 1,140
Baunatal, Germany
Tobias Offline

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Tobias  Offline

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Joined: Aug 2000
Posts: 1,140
Baunatal, Germany
Originally Posted By: Dagobert
Why isn't anyone earning money with a trading automaton?

They do. The price curves of most financial assets show signs of being exploited in a big way by automated systems.

laugh

Re: Dagobert [Re: Tobias] #383341
09/19/11 08:37
09/19/11 08:37
Joined: Jul 2000
Posts: 27,986
Frankfurt
jcl Offline OP

Chief Engineer
jcl  Offline OP

Chief Engineer

Joined: Jul 2000
Posts: 27,986
Frankfurt
Well, software like this certainly raises questions like "Can automated trading work" or "Are average users too dumb to write a trading script". Obviously, these questions can only be answered empirically and not from a gut feeling or kitchen logic. You have to try it, or look what other people do, or do studies.

All this has been done, so the short answers are Yes and No. The long answers will be given in the Dagobert documentation, which is still rudimentary but will be complete for the beta test. BTW, this is a contract project and payment is not dependent on the number of users.

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