In any jargon filled subset of the world there will be people that are located and breathe their love. The folk that will be ” up ” all night testing, practising and re testing what ever it usually is that they are completely into. Perhaps it is music, staying all the way up half the night playing a similar tune or maybe on the computer taking part in what ever game floats most of the boat. They become authority at whatever they accomplish within that narrow subset of activities.
So enables invest in a Robot right? Wrong! Like the person up through the night playing the computer game, similar to the muso up all night practising that tune and indeed such as the Forex Junkie up forever working with software to produce that killer system they all possess one thing in common. They know very well what they are doing (to a particular extent).
The truth about all these systems and experts is the fact that if you don’t put in the time YOUR SELF you at the mercy of someone else’s system and it will never really do the business the way you want it to help you. So do yourself some favour and do plenty of time yourself. It is definitely significant. Now about this Electric Ladyland riff.
This is also true in financial traders. They will spend half the night every night, tinkering with certain systems, testing and re-testing particular scenarios working with what ever computer system that they like or have to give. MT4 or Metatrader 4 seems to be the flavour with the month / year.
Now you can spend a month or more and bingo a new and better system arrives back- tested 20 years. Back assessment by the way does not mean that the future testing will give you the same effect but hey, what better have I got to go on. Er.. real live maybe.
Hmm these EAs are generally all the rage must give them trying. In fact why not use a Software, then I can just go to my day job, and rake in plenty of dosh without so much as a perspiration. Who wants to watch the fire screens anyway, I would rather watch the Football Screen and make money at the same time.
You can look at and re-test with in comparison ease. You can convince the device and convince yourself that this system is the silver bullet. You can make Robots using their model EAs they are called. Professional Advisors. Gone are the days to weeks of spending weeks or months figuring out systems 2 bottle checking and re-double looking at your system before you presented the idea to the Chairman of your fiscal company.
But when it comes to giving it to someone else you need to do, like the muso saying inch here is the tune it is easy to play”, OK Mozart I’ll give it a try. Or the computer geek saying all you have to do is scheduled this to this and then that to this and make sure that you make use time frame and that signal option and that you have at least this much in your account and that infinitum.
Fundamentals, like reading newspapers and talking to certain companies and making phone calls to several industries, like lobbying united states government that is old fashioned and excessive work. Just give everyone a piece of software and a couple of weeks and I will come up with a model that is so expert it’s going to knock you for six!!