OS X Strategy revealed – WWDC (1998)

5 days after introducing the iMac, Steve attempts to convince developers that the OS X transition won’t hurt much.

HIGHLIGHTS:
02:00. Update on Apple
07:20. Product review incl. new PowerBook G3 ad at 12:20
18:21. iMac
24:00. iMac promo video featuring Jonathan Ive WITH hair at 24:37!!
28:35. QuickTime
40:15. Funny QuickTime demo (Steve TV)
44:26. JAVA
47:43. Mac OS X strategy
1:01:15. Carbon demo with Avi Tevanian
1:10:53. Developers (Microsoft, Macromedia, Adobe)
1:26:49. Closure

Trading using auto trading software is not easy. At the end you are trusting the software with all your trading money. It is thus important that you take out time and understand how the computer system works and that it executes the trade orders based on your trading style and your risk taking capacity.

If the software is damaged then it could lead to a big loss in your account. You need to take care of some basic things before you decide to trust robotic trading software.

Backtest the algorithm

Backtesting is basically where the software is used to test its strategy on historic data. The backtest method shows how the strategy would have performed and if it would have been capable of generating profits. You need good backtesting software to try out the auto trading system that you use.

Programming language that is used

Which program the software is written in is also very crucial. There are many computer languages and each has its own pros and cons. The most common programing language used are C#,C++,Python, Java and Matlab.

The technical indicators that the software uses

There are close to hundreds of technical indicators that are used and this lets the trader decide on which stock to buy or sell and where to enter or exit a trade. There are directional indicators, indictors to let you judge the trend of the current market etc. Robotic trading software uses these indicators to take trading decisions and thus you should be aware of which indicators are used.

How complex is the algorithm

The trading software could vary a lot on how easy it is to use them. Some would require you to have programing expertise while others would just want you to click and take trades. Make sure that you decide on SnapCash Binary or any other trading software based on what your comfort level is. You could ask the trading community to understand which software works in which manner.

Date: May 11, 1998
Location: Moscone Center, San Francisco
Steve was 43 years old.