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Re: Ok, educate me...



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taracent wrote:
> 
> Hi Timothy,
> 
> The real issue is (more or less) how does a "canned" system meet your
> needs?  If you are willing to change your view of the markets (ie,
> futures, stocks, options, etc.) to be inline with a purchased system,
> then so be it.  But many times our methods, account size, background,
> view of life, risk/reward outlook, single/married, etc. affects how we
> trade.
> 
> So you purchased a system (you should be able to take it for a test
> drive first!) and it seems to be working ok.  Do you really trust it.
> Can you look under the hood, understand it's trading principles, money
> management routine, and max drawdown?  If not, then you either to modify
> those to meet your needs, or, send it back and ask for your money back.
> 
> I believe that investing is a very hard task.  Being an active trader,
> either position or day, is even harder.  And the hardest task, is to
> accept commands from a computer to risk your capital in
> buying/selling/exiting positions.
> 
> Good luck and good trading,
> 
> RCT
RCT:

Well, I thoroughly understand that. In actuality, I am not going to
purchase a system. But as the discussions here on sytems have become
interesting, I'd like to understand how to test a pre-written system
or one just written. This is academic, not practical. I would like to
know that piece of information so I can understand the systems
discussions going lately. Simple interest, nothing more.

Tim Morge