In any jargon filled subset of the world there will be people that live and breathe their appreciation. The folk that will be ” up ” all night testing, practising and re testing what ever it’s that they are completely into. Maybe it is music, staying ” up ” half the night playing the same tune or maybe on the computer taking part in what ever game floats most of the boat. They become guru at whatever they undertake within that narrow subset of activities.
Hmm these EAs seem to be all the rage must give them trying. In fact why not use a Robot, then I can just head off to my day job, and rake in plenty of dosh without so much as a perspiration. Who wants to watch the screens anyway, I would rather keep an eye on the Football Screen and make money at the same time.
The truth about all these systems and experts is that if you don’t put in the time YOURSELF you at the mercy of someone else’s model and it will never really do the business the way you want it to help you. So do yourself a good favour and do the time period yourself. It is definitely worth it. Now about this Electric Ladyland riff.
Now you can spend a few weeks 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 end result but hey, what better have I got to go on. Er.. real live maybe.
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 scheduled this to this and then the fact that to this and make sure that you make use time frame and that signal choice and that you have at least anywhere near this much in your account and that infinitum.
So let us invest in a Robot right? Wrong! Like the person up forever playing the computer game, much like the muso up all night rehearsing that tune and indeed such as the Forex Junkie up forever working with software to produce any killer system they all have one thing in common. They figure out what they are doing (to a particular extent).
Essentials, like reading newspapers and talking to certain companies and making phone calls to a variety of industries, like lobbying united states government that is old fashioned and much more work. Just give everyone a piece of software and a month or more and I will come up with a program that is so expert it will knock you for six!!
This is also true in financial traders. They will dedicate 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 grip. MT4 or Metatrader five seems to be the flavour with the month / year.
You can test and re-test with comparative ease. You can convince the machine and convince yourself that it system is the silver round. You can make Robots using their model EAs they are called. Expert Advisors. Gone are the times of spending weeks or simply months figuring out systems two-fold checking and re-double reading your system before you presented this to the Chairman of your economical company.