Re:Using an automated day trader to generate income
by Prrometheus on Monday December 08, 2008 @07:47PM
(#390687)
>If price goes up then sell, if price goes down then buy
By how much? Within what time period? Are there any other factors that might be pertinent?
The world is not simple.
Re:Using an automated day trader to generate income
by pjharrin on Monday December 08, 2008 @07:57PM
(#390709)
Hence why I said "at some level"
Re:Using an automated day trader to generate income
by byrneseyeview on Tuesday December 09, 2008 @09:33AM
(#391300)
Is there any decision that can't be restated as an arbitrarily complicated series of if/then statements? If you're patient, you can do addition using just if-thens (IF N1 = 1 and N2 = 5 THEN answer = 6), etc.
Re:Using an automated day trader to generate income
by fattyfatfat on Monday December 08, 2008 @07:14PM
(#390642)
touche
If price goes up then sell, if price goes down then buy. If the company meets these financial criteria then buy, if not then sell. If the price approaches a resistance level then sell.
Whether your basing the investment decisions on fundamental or technical analysis, either way its an IF/THEN statement at some level.