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See why this is a contradiction of terms discretion and system used together?
I should have used my discretion in my spell checker on using TO below
instead of the correct usage two, but if I did I would have about three
other misspelled words. I think people and I'm one can't stand the trade
off from a pure system and there is always a trade off.
It's either are can't be both and be called the same thing is really all
I'm saying.
Robert
>Second definition:
>
>A trading system with human discretion trades the market from programmed
>signals but results greatly depends on the market experience of the user.
>
>Now maybe that will please all but we DO have to different definitions.
>
>Robert
>
>
>
>At 03:24 PM 7/25/1999 -0500, Robert W Cummings wrote:
>>
>>Not really Don it's my understanding of what the term system trading means.
>>Your implying that I'm just being obnoxious or unbending about this term. I
>>am obnoxious sometimes to avoid admitting I'm wrong but not now. I
>>challenge you and Bob Fulks whom I have much respect to define in a
>>sentence what accurately defines what the term system trading means.
>>
>>
>>Robert
>>
>>
>>
>>
>>>>I agree you can't call it a system if personal discretion is used. If you
>>>>use historical results then to repeat those results you must take every
>>>>trade no excuses. No crashes, no medical reasons nothing should prevent
you
>>>>from taking every trade. Your example about a diet is very good example
and
>>>>the real reason to have a system. I don't have a system I use price
>>>>patterns and indicators to trade using my discretion. Two reason for that
>>>>one I can't program well enough and to I use fundamentals in my trading
>>>>decisions. What ever a trader does to trade is okay it's his money. The
>>>>term SYSTEM means automation absent human decisions all the time and any
>>>>time. The rest of the examples here need a new definition like semi-system
>>>>trading.
>>>>
>>>>Robert
>>>
>>>Only when talking with you, Robert.
>>>
>>>don
>>>
>>>
>>
>>
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