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Out of interest for someone new to System Development, is this always the case with ALL Mechanical Systems or only those which are built upon specific rules such as those designed to look for inefficiencies in the Mrkt??

Why will they always be ultimately untradable if many people look for similar buy/sell signals and trade them accordingly??

Afterall, wouldn't a system based on "solid" trading rules work over the long-term regardless of how many people where trading similar rules. For example. look at TechTrader. The system itself is very straightfoward and I'm sure that there are many systems out there which are looking for similar set-ups. Yet, it has consistantyly performed well over the last 4years.

Surely if many systems are identifying the same stocks on the same days for trading purposes, then (as long as we follow our systems without question & tampering) then this will surely only help to increase the chances of those stocks moving in our favour?

I'm probably missing some very obvious point here but would welcome comments....

Thanks,

Chorlton

<blockquote data-quote="Chorlton" data-source="post: 199503" data-attributes="member: 7927">Out of interest for someone new to System Development, is this always the case with ALL Mechanical Systems or only those which are built upon specific rules such as those designed to look for inefficiencies in the Mrkt??Why will they always be ultimately untradable if many people look for similar buy/sell signals and trade them accordingly??Afterall, wouldn&#039;t a system based on &quot;solid&quot; trading rules work over the long-term regardless of how many people where trading similar rules. For example. look at TechTrader. The system itself is very straightfoward and I&#039;m sure that there are many systems out there which are looking for similar set-ups. Yet, it has consistantyly performed well over the last 4years.Surely if many systems are identifying the same stocks on the same days for trading purposes, then (as long as we follow our systems without question &amp; tampering) then this will surely only help to increase the chances of those stocks moving in our favour? I&#039;m probably missing some very obvious point here but would welcome comments....Thanks,Chorlton</blockquote>

[QUOTE="Chorlton, post: 199503, member: 7927"] Out of interest for someone new to System Development, is this always the case with [B]ALL[/B] Mechanical Systems or only those which are built upon specific rules such as those designed to look for inefficiencies in the Mrkt?? Why will they always be ultimately untradable if many people look for similar buy/sell signals and trade them accordingly?? Afterall, wouldn't a system based on "solid" trading rules work over the long-term regardless of how many people where trading similar rules. For example. look at TechTrader. The system itself is very straightfoward and I'm sure that there are many systems out there which are looking for similar set-ups. Yet, it has consistantyly performed well over the last 4years. Surely if many systems are identifying the same stocks on the same days for trading purposes, then (as long as we follow our systems without question & tampering) then this will surely only help to increase the chances of those stocks moving in our favour? I'm probably missing some very obvious point here but would welcome comments.... Thanks, Chorlton [/QUOTE]

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