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Felix & Wong,
We shouldn't rush to silence those who seek to discuss money management and
psychology.
Discipline and the necessary psychology cannot be coded in Easy Language.
Even Mark Johnson with his "robobroker" needs the psychological fortitude to
stick with it through the inevitable drawdowns. Surely if we're interested
in Omega products, we could do to show some interest in those things which
are essential to using them successfully.
Paul
-----Original Message-----
From: FelixTY [mailto:FelixTY@xxxxxxxxxxx]
Sent: Wednesday, 21 October 1998 06:09
To: Wong; Omega
Subject: Re: indicators, systems, discipline, money management etc
Wong,
I think you are in the wrong list. This one is really more technically
oriented. So, only
a few smuterings about the discipline,psycholigical, money management,
trading
tactics, etc....., those things are not really discussed much, because they
are
automated already in some of the propietary systems of members here. Or is
not
needed by mechanical systems.Its basically a difference of trading
philisophy in
how to succeed in the markets. Actually this list is more oriented toward
Omega
based/related products, thus the name
of the list, if you notice. and Sure, I keep reminding myself about it,
too!
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