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Re: A deleted message

Thursday, 07/03/2008 1:04:58 PM

Thursday, July 03, 2008 1:04:58 PM

Post# of 31925
JLS - "There was a famous experiment over 20 years ago that proved, rather spectacularly, that in trading it’s all science and not art."

Just like with all the global warming mumbo jumbo, one experiment proves nothing. If that particular method is still so spectacular, why isn't everyone using it? My observation was simply allowing for the human factor that is an unavoidable (and some might say desirable) part of every trading strategy. I don't believe there are many traders who can honestly say that they never *ever* deviate from their method, and quite frankly, I would always want to preserve that option as well, to avoid driving off a cliff just because your system said so. If your system said to go from Short to Long and Israel bombed Iran overnight, I for one would let the Short ride.

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

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