|
PureBytes Links
Trading Reference Links
|
Riley Robertson wrote:
Hi List & Justin:
When you suggest it is the
System trader that can make a living,
do you mean a trader who knows computer programming so well that he can
write his own systems and use it?
or a trader who is very disciplined and his attitude+trading habit is
very systematic?
I am sure this is more of this than anything else.
If it is the former, does it mean all the discretionary traders are
losers?
The "discretionary" trader, who has never written a line of EL, but has
his/her own "system", and follows it logically and consistently, I think
would do very well. I think the successful discretionary has a "system"
(or more likely "systems)
If so, how can the discretionary traders pay someone to write the
programming for him without that programmer using the formula himself
and trade with it?
The advice / knowledge that you don't use isn't much good, I suppose.
The person who has no faith in a system, has no discipline, and can't
stick with the system through it's ups & (reasonable) downs, wouldn't
able to do much with that system, I suppose.
RR
Now only if I could do as I say here...
|