Quote:
|
Any reasonable person will see it's you spewing the nonsense. The mechanical (computerized) system does the trading, not you.
|
Quote:
|
The trading decisions and actions are NOT based on emotions.
|
There're only these two options? You either use computerised trading or you trade on emotions? This is horrible news for all fundamental traders as well as anybody believing that trading is too complex to leave to a computer program fed with a smoothed MACD in one time frame.
Quote:
|
YOU are still free to feel emotions, yes. But that is different from the trading being based on emotion.
|
This distinction rests on the erroneous assumption above. It still doesn't answer the question of how you're supposed to differentiate between emotions about a particular trade you took, and the emotions you experience concerning whether or not your system actually works. You may feel doubt or fear about your trading philosophy, your computerised system or a single trade. The emotions are the same as are the losses / profits.
Quote:
|
If you haven't the tools to know how to construct a good system, then you WILL see your strategies lose and lose some more. That's a whole separate issue.
|
Not so for people who pay you for your losing and ever changing systems. Very profound, though.
Cheers,
Smurf