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At 1:11 PM -0500 7/23/99, Robert W Cummings wrote:
>The fixation is a lot of new traders including myself thought everybody was
>trading without human emotions. Fact is that is not the case. I'm not
>saying anyone's way to trade is better just to clarify the term system
>trading and how others interrupt it. I felt bad and worked real hard trying
>to accomplish a system that did not need my help and I never accomplished
>that goal. Helps to know hardly anybody really does trade a pure system.
I wonder why one would think computer trading systems would be any
better than any other computer program?
> Do you accept every grammar correction that Microsoft word
suggests? I don't.
> Do you delete every file that Norton Utilities says you don't
need? I don't.
> Would you let your autopilot fly you through the thunderstorm.
I wouldn't.
When one of my trading systems gives me a signal, I look at the
indicators and see if everything is looking normal. If so, I usually
take the trade. if something looks screwy, I may pass this one.
Usually, it would have been OK but why take the chance. I then learn
that the system did OK in that situation so next time that happens, I
might take the trade. If I find frequent cases where it seems to
screw up, I try to add code to find those cases. It is just like any
other computer program. It handles only those situations you program
it to handle.
Bob Fulks
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