Quote:If you think about that a bit longer, you'll see the error in your thought process. Take the Strong Fund for instance. Mr. Strong did very well in the market, did much better with his fund in general, but it was he and the other insiders that knew what the pool was going to do, who profited the most. They were, of course, eventually found guilty of insider trading, but not every incident of profiting off market manipulation is illegal. By and large; I'd love it if thousands of people followed my moves; think it through.
Well, I completely agree with this, but this is different. This is an example of you trying to control the market so that you know what it will do. The designer of this system would be using an
opposite or time-shifted strategy...so I maintain my position that the strategy he's selling is
not a good one to follow.
On your second point: Yeah, that's basically it. Economic factors are too complex to be predicted, but the short term effects of them aren't. This takes most of the guesswork out of it. However a system like this does require API usage, and that demands that you invest "more than just a little." Almost all brokers offering API access have a minimum account balance of 10 grand with equally high minimum lots, except Oanda which charges $600/month. They look like the best broker for regular folks, though. What broker are you using?
