In any jargon filled subset of your world there will be people that are located and breathe their eagerness. The folk that will be ” up ” all night testing, practising and re testing what ever it’s that they are completely into. It could be that it is music, staying ” up ” half the night playing a similar tune or maybe on the computer using what ever game floats his or her’s boat. They become professional at whatever they complete within that narrow subset of activities.
So provides invest in a Robot right? Wrong! Like the person up and last and last playing the computer game, such as the muso up all night repeating that tune and indeed like the Forex Junkie up forever working with software to produce any killer system they all possess one thing in common. They realize they are doing (to a particular extent).
This is also true in financial traders. They will spend half the night every night, using certain systems, testing and re-testing particular scenarios using what ever computer system they will like or have to grip. MT4 or Metatrader some seems to be the flavour of the month / year.
The truth about all these solutions and experts is which usually if you don’t put in the time YOUR SELF you at the mercy of someone else’s model and it will never do the business the way you want it to. So do yourself a favour and do the time period yourself. It is definitely more than worth it. Now about this Electric Ladyland riff.
Essentials, like reading newspapers and talking to certain companies and making phone calls to a variety of industries, like lobbying federal that is old fashioned and too much work. Just give me a piece of software and a couple of weeks and I will come up with a model that is so expert it would knock you for 6-8!!
Now you can spend a couple of weeks and bingo a new and better system arrives back- tested 20 years. Back testing by the way does not mean that one’s destiny testing will give you the same result but hey, what altogether different have I got to go on. Im.. real live maybe.
Hmm these EAs seem to be all the rage must give them a try. In fact why not use a Tool, then I can just check out my day job, and rake in plenty of dosh without so much as a weight loss. Who wants to watch the monitors anyway, I would rather enjoy the Football Screen and make money at the same time.
But when it comes to giving it to someone else to perform, like the muso saying ” here is the tune it is easy to play”, OK Mozart I’ll give it a go. Or the computer geek saying all you have to do is set this to this and then which usually to this and make sure that you use this time frame and that signal selection and that you have at least close to this much in your account and that infinitum.
You can attempt and re-test with relative ease. You can convince the device and convince yourself that the system is the silver topic. You can make Robots using their model EAs they are called. Authority Advisors. Gone are the times of spending weeks and also months figuring out systems two-fold checking and re-double reading your system before you presented that to the Chairman of your finance company.