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Hello Gary,
GF> Nobody knows what you're doing, so they can't program it. That's
GF> why very few systems work the way discretionary traders do. The
GF> system designers use a totally different approach that they CAN
GF> program.
GF> Gary
After working for several discretionary traders I can tell you that
they themselves "DO NOT" know what their doing either! And when faced
with the possibility of having the reality of a computer show them
what they think they are doing it scares the hell outta them.
Most discretionary traders want to remain that way because they will
not face reality that they in fact have no rules to trade by. They
want to change the rules every day on a whim. This is called learning
to trade, in case they didn't know. I just saying that the learning
process can be accelerated by using a computer. I went through all
this myself! I know from experience that it is hard to face the facts
when a computer presents you print out that shows your discretionary
method worked for a short period of time but blows out over the long
run. I will try and not be a bigot and state that there are apparently
exceptions to every rule and some are on this list.
I do not want to steal their glory but I will tell you that they are
system traders if compared to yesterdays true tape readers. I worked
for a few of those too. A tape reader would shun a chart even calling
it too high tech and Voodo.
Big"not" Mark
--
Best regards,
Mark Brown mailto:markbrown@xxxxxxxxxxxxx
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