In different jargon filled subset with the world there will be people that are located and breathe their passion. The folk that will be all the way up all night testing, practising and re testing what ever it’s that they are completely into. Perhaps it is music, staying up half the night playing the same tune or maybe on the computer using what ever game floats most of the boat. They become authority at whatever they accomplish within that narrow subset of activities.
Now you can spend a month or more and bingo a new and better system arrives back- tested 20 years. Back screening by the way does not mean that the future testing will give you the same consequence but hey, what better have I got to go on. Im.. real live maybe.
The truth about all these platforms and experts is which usually if you don’t put in the time YOURSELF you at the mercy of someone else’s strategy 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 significant. Now about this Electric Ladyland riff.
This is also true in financial traders. They will dedicate half the night every night, messing around 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 some seems to be the flavour with the month / year.
You can look at and re-test with comparative ease. You can convince the device and convince yourself that this system is the silver bullet. You can make Robots using their program EAs they are called. Expert Advisors. Gone are the days or weeks of spending weeks and months figuring out systems twin checking and re-double examining your system before you presented the idea to the Chairman of your finance company.
Principles, like reading newspapers and talking to certain companies and making phone calls to a variety of industries, like lobbying government that is old fashioned and an excessive amount work. Just give all of us a piece of software and a month or more and I will come up with a strategy that is so expert it’s going to knock you for 6-8!!
Hmm these EAs are all the rage must give them a go. In fact why not use a Software, then I can just head off to my day job, and rake in plenty of dosh without so much as a weight loss. Who wants to watch the screens anyway, I would rather see the Football Screen and make money at the same time.
But when it comes to providing 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 nerd 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 option and that you have at least these many in your account and that infinitum.
So lets invest in a Robot right? Erroneous! Like the person up through the night playing the computer game, like the muso up all night repeating that tune and indeed such as the Forex Junkie up all night working with software to produce all the killer system they all have one thing in common. They know very well what they are doing (to a particular extent).