seems to be the general gyst of what people on this sectionof the forum are saying....in the med/long term at least.
but i'm guessing that some people here do have succesful mechanical trading systems, and i'm trying to build a fairly simple one myself. the question is to those of you who have developed a succesful system - what basics are your systems based on? did they need a great deal of programming, or nothing that couldnt be done in excel? do you have a level of drawdown before you decide the system is not working? any other info would be useful
thanks in advace
but i'm guessing that some people here do have succesful mechanical trading systems, and i'm trying to build a fairly simple one myself. the question is to those of you who have developed a succesful system - what basics are your systems based on? did they need a great deal of programming, or nothing that couldnt be done in excel? do you have a level of drawdown before you decide the system is not working? any other info would be useful
thanks in advace