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Hi mrdavis9,
Tuesday, February 8, 2005, 9:42:54 AM, you wrote:
m> Even if you execute a full 99% of your system's
m> recommendations, and avoid only 1%, you have forfeited the right
m> to say that you are using a trading system.
Way too strict for me, but whatever you like. There is just about
nothing in life that you can make a 100 percent rule for, other than
perhaps death and taxes. Personally, I would reserve the right to
overrule what, to my experienced brain, looked like a head-on car
crash at more than 100 kph. If someone else wants to take that hit
based on some "philosophy of pureness in trading systems", well, that
is their privilege. I however, will retain the "right" to say I am a
systematic trader when my compliance with the system is clearly the
vast majority of calls. But 100 percent of anything I often find to
be a bit much.
Yuki
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