In a jargon filled subset of your world there will be people that are located 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. It could be that it is music, staying all the way up half the night playing a similar tune or maybe on the computer having fun with what ever game floats their boat. They become professional at whatever they complete within that narrow subset of activities.
Now you can spend a couple of 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 consequence but hey, what else have I got to go on. Emergeny room.. real live maybe.
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 choosing what ever computer system that they like or have to grip. MT4 or Metatrader 4 seems to be the flavour for the month / year.
So enables invest in a Robot right? Erroneous! Like the person up and last and last playing the computer game, like the muso up all night repeating that tune and indeed similar to the Forex Junkie up all night working with software to produce that killer system they all have one thing in common. They realize they are doing (to an unusual extent).
Hmm these EAs seem to be all the rage must give them a go. In fact why not use a Robotic, 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 monitors anyway, I would rather watch the Football Screen and make money at the same time.
Fundamentals, like reading newspapers and talking to certain companies and making phone calls to several industries, like lobbying federal that is old fashioned and too much work. Just give everyone a piece of software and two weeks and I will come up with a program that is so expert it would knock you for some!!
But when it comes to allowing it to someone else you need 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 defined 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.
The truth about all these systems and experts is which usually if you don’t put in the time YOUR SELF you at the mercy of someone else’s program and it will never really do the business the way you want it to make sure you. So do yourself your favour and do the time yourself. It is definitely worth it. Now about this Electric Ladyland riff.
You can attempt and re-test with relative ease. You can convince the system and convince yourself that system is the silver round. You can make Robots using their system EAs they are called. Guru Advisors. Gone are the days of spending weeks and also months figuring out systems double checking and re-double examining your system before you presented the idea to the Chairman of your finance company.
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