In a jargon filled subset of the 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 would be that they are completely into. Maybe it is music, staying ” up ” half the night playing similar tune or maybe on the computer taking part in what ever game floats most of the boat. They become guru at whatever they complete within that narrow subset of activities.
So provides invest in a Robot right? Erroneous! Like the person up through the night playing the computer game, like the muso up all night rehearsing that tune and indeed such as the Forex Junkie up through the night working with software to produce all the killer system they all possess one thing in common. They realize they are doing (to an unusual extent).
Now you can spend two weeks and bingo a new and better system arrives back- tested 20 years. Back testing by the way does not mean that one’s destiny testing will give you the same result but hey, what better have I got to go on. Ser.. real live maybe.
This is also true from financial traders. They will spend half the night every night, messing around with certain systems, testing and re-testing particular scenarios using what ever computer system that they like or have to grip. MT4 or Metatrader five seems to be the flavour in the month / year.
You can look at 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 program EAs they are called. Professional Advisors. Gone are the days or weeks of spending weeks and also months figuring out systems two-fold checking and re-double checking your system before you presented it to the Chairman of your financial company.
Principles, like reading newspapers and talking to certain companies and making phone calls to different industries, like lobbying governing administration that is old fashioned and too much work. Just give myself a piece of software and a month or more and I will come up with a program that is so expert it’s going to knock you for six!!
The truth about all these platforms and experts is the fact that if you don’t put in the time YOUR SELF you at the mercy of someone else’s model and it will never do the business the way you want it to. So do yourself a favour and do plenty of time yourself. It is definitely worth every penny. Now about this Electric Ladyland riff.
But when it comes to allowing it to someone else to complete, like the muso saying ” here is the tune it is easy to play”, OK Mozart I’ll give it a go. Or the computer geek saying all you have to do is set this to this and then which usually to this and make sure that you take this time frame and that signal selection and that you have at least these many in your account and that infinitum.
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 sweat. Who wants to watch the projection screens anyway, I would rather keep an eye on the Football Screen and make money at the same time.