In any jargon filled subset of the world there will be people that live 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. It could be that it is music, staying up half the night playing precisely the same tune or maybe on the computer having fun with what ever game floats their boat. They become professional at whatever they undertake within that narrow subset of activities.
This is also true of financial traders. They will spend half the night every night, playing with certain systems, testing and re-testing particular scenarios applying what ever computer system they like or have to hand. MT4 or Metatrader some seems to be the flavour for the month / year.
Hmm these EAs are all the rage must give them a go. 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 projection screens anyway, I would rather watch the Football Screen and make money at the same time.
The truth about all these solutions and experts is that if you don’t put in the time YOURSELF you at the mercy of someone else’s program and it will never do the business the way you want it to make sure you. So do yourself your favour and do enough time yourself. It is definitely worth every penny. Now about this Electric Ladyland riff.
But when it comes to giving it to someone else to complete, like the muso saying inch here is the tune it is easy to play”, OK Mozart I’ll give it a go. Or the computer nerd 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 selection and that you have at least close to this much in your account and that infinitum.
Now you can spend a few weeks and bingo a new and better system arrives back- tested 20 years. Back tests by the way does not mean that the future testing will give you the same end result but hey, what else have I got to go on. Im.. real live maybe.
You can test and re-test with distant relative ease. You can convince the device and convince yourself that system is the silver bullet. You can make Robots using their strategy EAs they are called. Authority Advisors. Gone are the days or weeks of spending weeks and also months figuring out systems two-fold checking and re-double looking at your system before you presented it to the Chairman of your fiscal company.
Essentials, like reading newspapers and talking to certain companies and making phone calls to several industries, like lobbying government that is old fashioned and much more work. Just give me a piece of software and two weeks and I will come up with a strategy that is so expert it would knock you for 6-8!!
So let us invest in a Robot right? Incorrect! Like the person up all night playing the computer game, similar to the muso up all night practicing that tune and indeed similar to the Forex Junkie up all night working with software to produce all the killer system they all possess one thing in common. They realize they are doing (to a certain extent).