Submitted by Anonymous (not verified) on Tue, 2006-08-08 07:57.
A number of robots I have seen developed have varying results. One thing that was found was what worked in back testing didn't work live. WallStreet buy and sell direct and do not use brokers. Using the Nasdaq platform they function as market makers and traders all under the one roof. For a retail investor to make use of such tools would require a great deal of money and the right contacts. Of which we have not been able to acheive however we develop a system that was consistantly over 90% correct in FOREX. But could not get ordering protocol correct and the system crashed at this point. Since I have spoken the a number of traders and the money isn't the problem, it is the people controlling the technology to allow a private system to interact with theirs.
A number of robots I have seen developed have varying results. One thing that was found was what worked in back testing didn't work live. WallStreet buy and sell direct and do not use brokers. Using the Nasdaq platform they function as market makers and traders all under the one roof. For a retail investor to make use of such tools would require a great deal of money and the right contacts. Of which we have not been able to acheive however we develop a system that was consistantly over 90% correct in FOREX. But could not get ordering protocol correct and the system crashed at this point. Since I have spoken the a number of traders and the money isn't the problem, it is the people controlling the technology to allow a private system to interact with theirs.