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>In my humble experience, the STRESS comes from the market moving in the
>opposite direction to the system's predictions. And then BELIEVING that
>the market will turn in the right direction and thus holding too long.
wrong, wrong, you have the stress because you do not understand what it
takes to create a stress free system.. you have to have a system that will
take care of itself when its predictions are wrong. you have all the traits
of wanting to control things yourself, facts are that you cannot control the
markets or trade them if you do not have a plan thought out in advance of
what you are going to do when your best plans fail. if you can think it, it
can be programmed mechanically. then and only then can you see how correct
you are in your judgment of the markets and how to trade them.
>It takes a MECHANICAL belief in the system's predictions --- and I'm
>not one who enjoys that type of trading.
you need to learn to enjoy that type of trading because if you do not, you
are the type that is driven by thrill like a gambler. the thrill of doing
something that is left up to luck and not good decisions based on sound
theory.
>So, I'm starting to redevelop
>my system to run every minute instead of every 15 minutes --- and then
>to more carefully analyze the lead times of the indicators.
this is wrong, smaller time frames cause more people to loose money than
anything, only control freaks like small time frames, and very few control
freaks make any money. its obvious that Greg Wood did this but it took him
about 250 trades to just get back to a break even according to his equity
curve. and if you look he really didn't start making big money until about
600-700 trades. the facts are his broker has made more money that he has
for the amount of stress. I want to be Greg's broker, I wouldn't need to
trade..
didn't read any further mark
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