In any jargon filled subset with the world there will be people that are located and breathe their eagerness. The folk that will be all the way up all night testing, practising and re testing what ever it might be that they are completely into. Perhaps it is music, staying ” up ” half the night playing the same tune or maybe on the computer using what ever game floats their particular boat. They become expert at whatever they complete within that narrow subset of activities.
This is also true in financial traders. They will spend half the night every night, messing around with certain systems, testing and re-testing particular scenarios working with what ever computer system they will like or have to give. MT4 or Metatrader some seems to be the flavour with the month / year.
You can test and re-test with relative ease. You can convince the device and convince yourself that system is the silver round. You can make Robots using their strategy EAs they are called. Expert Advisors. Gone are the times of spending weeks or months figuring out systems 2 bottle checking and re-double looking at your system before you presented it to the Chairman of your economical company.
But when it comes to getting it to someone else to do, like the muso saying inches 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 scheduled this to this and then who to this and make sure that you make use time frame and that signal selection and that you have at least this much in your account and that infinitum.
So let us invest in a Robot right? Incorrect! Like the person up forever playing the computer game, similar to the muso up all night practising that tune and indeed similar to the Forex Junkie up all night working with software to produce all the killer system they all have got one thing in common. They realize they are doing (to a certain extent).
Hmm these EAs are all the rage must give them a try. In fact why not use a Robotic, then I can just pay a visit to my day job, and rake in plenty of dosh without so much as a sweat. Who wants to watch the screens anyway, I would rather keep an eye on the Football Screen and make money at the same time.
Essentials, like reading newspapers and talking to certain companies and making phone calls to various industries, like lobbying federal that is old fashioned and much more work. Just give everyone a piece of software and a couple of weeks and I will come up with a program that is so expert it will knock you for five!!
Now you can spend a few weeks and bingo a new and better system arrives back- tested 20 years. Back assessment by the way does not mean that tomorrow testing will give you the same consequence but hey, what as well have I got to go on. Im.. real live maybe.
The truth about all these platforms and experts is that if you don’t put in the time YOUR SELF you at the mercy of someone else’s model and it will never really do the business the way you want it to make sure you. So do yourself a good favour and do the time yourself. It is definitely significant. Now about this Electric Ladyland riff.