In a 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 might be that they are completely into. It could be that it is music, staying all the way up half the night playing a similar tune or maybe on the computer playing what ever game floats his or her’s boat. They become expert at whatever they complete within that narrow subset of activities.
You can attempt and re-test with distant relative ease. You can convince the system and convince yourself that it system is the silver topic. You can make Robots using their system EAs they are called. Guru Advisors. Gone are the days to weeks of spending weeks or months figuring out systems two-fold checking and re-double examining your system before you presented the idea to the Chairman of your fiscal company.
So enables invest in a Robot right? Incorrect! Like the person up forever playing the computer game, much like the muso up all night practising that tune and indeed such as the Forex Junkie up all night working with software to produce any killer system they all get one thing in common. They know very well what they are doing (to a certain extent).
Essentials, like reading newspapers and talking to certain companies and making phone calls to various industries, like lobbying federal that is old fashioned and excessive work. Just give myself a piece of software and a few weeks and I will come up with a program that is so expert it would knock you for 6-8!!
But when it comes to allowing it to someone else to do, like the muso saying inches here is the tune it is easy to play”, OK Mozart I’ll have a go. Or the computer geek saying all you have to do is determined this to this and then who to this and make sure that you use this time frame and that signal selection and that you have at least anywhere near this much in your account and that infinitum.
Hmm these EAs are all the rage must give them an attempt. In fact why not use a Robot, then I can just pay a visit to my day job, and rake in plenty of dosh without so much as a sweat. Who wants to watch the screens anyway, I would rather enjoy the Football Screen and make money at the same time.
Now you can spend a few weeks and bingo a new and better system arrives back- tested 20 years. Back testing by the way does not mean that tomorrow testing will give you the same end result but hey, what else have I got to go on. Er.. real live maybe.
The truth about all these systems and experts is who if you don’t put in the time YOUR SELF you at the mercy of someone else’s strategy and it will never do the business the way you want it to help you. So do yourself a good favour and do the time yourself. It is definitely more than worth it. Now about this Electric Ladyland riff.
This is also true from financial traders. They will use half the night every night, playing with certain systems, testing and re-testing particular scenarios applying what ever computer system they will like or have to give. MT4 or Metatrader 4 seems to be the flavour of the month / year.