In a jargon filled subset of the world there will be people that are located and breathe their passion. The folk that will be ” up ” all night testing, practising and re testing what ever it would be that they are completely into. Probably it is music, staying all the way up half the night playing the same tune or maybe on the computer taking part in what ever game floats his or her’s boat. They become authority at whatever they undertake within that narrow subset of activities.
Basics, like reading newspapers and talking to certain companies and making phone calls to various 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 model that is so expert it would knock you for 6-8!!
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 tomorrow testing will give you the same result but hey, what better have I got to go on. Im.. real live maybe.
You can test and re-test with in comparison ease. You can convince the system and convince yourself that this system is the silver bullet. You can make Robots using their program EAs they are called. Professional Advisors. Gone are the times of spending weeks and months figuring out systems twin checking and re-double checking your system before you presented that to the Chairman of your economical company.
Hmm these EAs seem to be all the rage must give them an attempt. In fact why not use a Robot, then I can just go 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 keep an eye on the Football Screen and make money at the same time.
So lets invest in a Robot right? Incorrect! Like the person up forever playing the computer game, much like the muso up all night rehearsing that tune and indeed similar to the Forex Junkie up forever working with software to produce the killer system they all possess one thing in common. They realize they are doing (to a clear extent).
The truth about all these platforms and experts is who if you don’t put in the time YOUR SELF you at the mercy of someone else’s strategy and it will never really do the business the way you want it to help you. So do yourself a favour and do enough time yourself. It is definitely worth every penny. Now about this Electric Ladyland riff.
This is also true from financial traders. They will dedicate half the night every night, playing with certain systems, testing and re-testing particular scenarios choosing what ever computer system that they like or have to hand. MT4 or Metatrader five seems to be the flavour for the month / year.
But when it comes to providing it to someone else to perform, like the muso saying ” 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 defined this to this and then which usually to this and make sure that you that time frame and that signal choice and that you have at least this much in your account and that infinitum.