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Default Great Documentation for Investment and Trading Systems

Just wanted to clear up some misinterpretation that seems to exist
about HTTP://ITSdoc.org, the free documentation site geared to people
building Investment and Trading Systems.

ITSdoc is NOT a trading system. It's an advertising free, open-source
documentation encyclopedia. At best, it's a resource for coders to use
in building Investment and Trading Systems. It's the pre-code thinking,
groundwork and collation of relevant background information - -part of
the solution, but definitely not the whole enchilada!

It's designed to lower the bar a bit for people who are highly
intelligent programmers, but who may not have much real world
experience trading the investment markets. Basically, it's a bunch of
stuff to think seriously about when designing and coding Investment and
Trading Systems.
See for example:
http://www.itsdoc.org/tiki/tiki-inde...l+Requirements
and
http://www.itsdoc.org/tiki/tiki-inde...tal%20Analysis
(Including pages 2,3,4)
and
http://www.itsdoc.org/tiki/tiki-inde...ng+Interview+1

Separate code projects, some open-source GPL licensed, use SELECT
portions of the content at ITSdoc.org to help design and update their
code bases. Most of these projects are working on LIBRARIES of
open-source code, not complete, automated trading systems. All live
code projects are separate from ITSdoc.org.
See for example:
http://ojts.sourceforge.net/

The active, open-source, GPL licensed, code projects producing
LIBRARIES of code based on ITSdoc.org content are also NOT complete
trading systems. The end user always must set up the strategy. All the
code library does is help formulate, express and execute that
particular investor's strategy.

Programmers are the most important target group that ITSdoc.org serves.
The site is designed to be accurate, terse and in a form that coders
will find helpful and enjoyable. It's not a site where individual,
isolated traders come to swap secretes on how they really exploit juicy
short-term market inefficiencies. Why would anyone share that
information in an open-source site on the Internet?
See:
http://www.itsdoc.org/tiki/tiki-inde...tronic+Trading

Academics, particularly those doing great tutorial work with students
and using open source Excel or Java code examples are especially
welcome at ITSdoc! A large part of the job at hand is to bring bright
programmers quickly up to speed in the actual operation of the
investment markets. Really good, terse examples in code snips are very
helpful!

We are probably not looking for esoteric academic financial research
better located in the advanced academic journals such as the Journal of
Finance, etc. We are however quite interested in practitioner oriented,
highly applied research, expressible in code, such as might appear in
the Financial Analysts Journal, Journal of Portfolio Management, etc.
If the research is applied and sheds light on relevant data structures
that might be used in systems, it's an excellent candidate for
coverage at ITSdoc.

ITSdoc's views trading as requiring very high quality
interconnections to virtually all significant pools of liquidity for
the class of asset that is being invested in. The technical challenges
of making these interconnections with several different trading markets
are considerable! In this environment "no man is an island." While all
investors and traders compete to some extent for better investment
returns, there is much common ground where no competition needs to
exist in making these connections. This is the common area is where
ITSdoc provides coverage.
For example see:
http://www.itsdoc.org/tiki/tiki-inde...page=Standards

Electronic trading is a critical functional area covered by ITSdoc.
However the site makes zero attempt to be a quick and dirty guide in
how to beat the highly sophisticated investment markets without really
exerting much effort
See:
http://www.itsdoc.org/tiki/tiki-inde...tronic+Trading
and
http://www.itsdoc.org/tiki/tiki-inde...ithmic+trading

I hope this clears up some of the confusion as to the goals and
objectives of ITSdoc.

Rick
ITSdoc.org

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