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Old 03-05-2009, 10:43 AM
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FatherJack FatherJack is offline
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Join Date: Aug 2008
Location: Sakhalin Island
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Quote:
Originally Posted by Kenny Rogers View Post
So I looked more into automation, and I started very simple, just wanted some trailing stops so I can sleep, then it got more complex and the rest is history. Now, it has allowed me to do something on the side with my free time.
Thanks for sharing, Kenny. I have nothing to say cause I have no experience with automation. My gut feeling is that a computer is more stupid than a man anyways and you need a much bigger account to survive those unnecessary rainy days while if trading manually, you can much better adjust.
As for fear and greed, I think I've left this stuff behind. Just look at EURJPY, say, 30min chart, crosses of, say 13 and 33 EMAs. They strongly tend NOT TO LIE! One just needs to put those crosses into a wider TA perspective. And stick to it. Once I realized that, all fears and worries were gone.

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Equity resistance broken!
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Last edited by FatherJack; 03-05-2009 at 11:16 AM. Reason: add a pic
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