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Old 27-12-2004, 14:07   #41 (permalink)
Smurf
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Dear autofx

This is nonsense on so many levels, it's hard to figure out where to start. Let's just randomly pick out one thing.

No, computerized or mechanical trading do not take the emotion out of trading for one particular reason (one that you have never adressed in your many, many posts on the subject). You're still left to wonder whether your system works and if you should trust it.

For example, let's say I had believed you back when your system was a double-smoothed MACD thing. Once the losses began to pile up, don't you think that my ever increasing sense of being cheated and my anxiety of seeing hard-earned cash going down the drain would have triggered emotions? Don't you think that I would have been enraged by the fact that you suddenly changed your system after having touted its virtues in post after post?

Is anybody dumb enough to believe that mechanical systems will take the emotion out of trading, when it becomes evident that you're losing, losing and then losing some more? My plane is crashing ... oh, horror! No, wait. It's on auto-pilot. Pheew. This should make my horrible death completely emotionless and kind of nice. I was worried for a moment there.

Cheers,

Smurf
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