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In a message dated 5/3/99 4:20:41 PM Eastern Daylight Time,
TeamData@xxxxxxxxxxxxxxxx writes:
<< Like many others, I have written what I believe to be fairly decent
systems. Most of my focus has been on an intra day basis trying to get on
board 2-5 day swings in the S&P and bonds. Some of these systems are very
good if you have the ability to blindly follow them. My problem is that
during intraday trading I find myself with so much time on my hands that I
inevitably try to apply myself by questioning every move my system makes.
Of course the second guessing always kills me, I know this but I can't keep
from overriding the system.
Questions:
1. How have others dealt with this?
I know there are brokers who will follow a system for me, but I don't trust
giving them my ela code.
2. Is it easier to switch time frames from intra-day to end of day?
Maybe switching to EOD will limit the time span I focus on the market,
which perhaps could minimize the temptation to meddle with the system.
3. How have others dealt with this demon?
Thanks
Bryan Finnegan
>>
good morning
fear and greed are the building blocks
when you have time, read , swim in your pool go to lunch with wife
DO NOT WORRY
trust your system
i did intra day trading for 9 month with only 150% per year return
now using 3 mechanial systems making on position trades 3 times that
amount
hope this help
Ben
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