I’m not a blogger – let me just put that out there right up front. I have always rather scorned the concept of making a diary “public”, but I have had an epiphany of sorts and have realized (I guess about 5 years after everyone else) what the value of a blog is, and what I hope to achieve from this blog – I want to share my ideas, and find someone or perhaps some many to talk to about them. As my wife’s eyes glaze over whenever I mention my software project, I reckon it’s about time for me to find some other(s) to talk to about it.
The Project
In August of 2005 (almost 3 years ago as I write this) I started working on a personal project which has become the subject of this blog – I decided to create software for use in trading (of stocks/ shares/ forex, you name it) which would be able to replicate all (or most) of the thought processes that go into an approach to trading that intrigued me (I’ll discuss this trading approach in detail in a later blog). I know that’s a tall order, or at least I have realized over the past 3 years what a tall order it is, but I believe I am beginning to realize the dream, and I feel the need to share the project with others who might be interested.
Because here’s the thing: I have tried a good many of the trading software packages out there, and I have been disappointed with most of them. The “black box” software has never appealed to me (so to be fair I’ve never given it a good run) because I’m the kind of person who likes to make my own decisions, particularly when my own money is on the line. And other analytical packages I have found frustrating because either:
I’m a little obsessive. I have tested many software packages by stepping them day by day through the data – and I have yet to find one that really works consistently across all market conditions and several markets. And yet in my (fairly extensive) reading on the subject I have come across at least one theory about the movement of stock market/currency prices that really seems to make sense, and which should work. And hence the project that is the subject of this blog – to create software which will be able to: