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IMHO, all trading systems, successful or not, are systematic. Categorizing
some as non-systematic is perhaps tantamount to saying that you don't
understand or agree with what's happening. Given this statement, the
definition of and/or the terminology used in a trading system comes into
question. Is any other way of trading other than a system coded in
TradeStation, NOT a systematic approach? I don't think so.
-----Original Message-----
From: ztrader [mailto:ztrader@xxxxxxxxx]
Sent: Saturday, April 28, 2001 4:47 PM
To: omega-list
Subject: Re[2]: Trading Systems
On Saturday, April 28, 2001, 5:45:47 PM, Carlos wrote:
C> Well Said. I can't imagine any trader being successful without using a
C> systematic approach. Yes, systems blowup. Yes, systems go through long
draw
C> downs. Buy they are tools. Any tool that is used in the wrong situation
will
C> not work properly. The art of trading is knowing what tool to apply for
the
C> current situation.
If you have to choose between several tools/systems, does that make
you a discretionary trader, or is this choice also part of the system?
ztrader
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