|
PureBytes Links
Trading Reference Links
|
In a message dated 98-01-29 20:22:51 EST, you write:
<< Many words of wisdom in your above paragraph. I do understand that my
mechanical trading system can go wrong to produce a losing trade and I
accept that risk. However, to me it is extremely important that the
subjective part of the trade is correct. I know that I can and will be >>
I zeroed in on this one paragraph. It's out of context, but what I want to
say about this is that when you say your "trading system can go wrong to
produce a losing trade" I don't like to think of it that way. The system is
designed to have losing trades. It's supposed to have x number of losers and
x amount of drawdowns. And when I take a loss with a system that I have
confidence it, it means to me that I'm that much closer to my next bigger
winner. Is this how others see systems trading?
Jim
|