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Originally Posted by creztor
And clean charts like v1 get you chopped  I agree less is more, but hama v1 unless you are experienced and use discretion, will get you chopped a lot, Im thinking of the noobs like myself  So I look forward to the upcoming release  |
For me, it's not so much a matter of trying to avoid getting chopped around (it's going to happen a bit anyway) as it is knowing exactly what I'm going to do when. Every strategy that I run has a detailed plan as to what, when, how much, when to increase size, when to decrease size, when to stop trading the strategy (broken) and so on...I don't run EAs, but everything I do could be run on one. Most people act like I'm out in left field when I share my detailed plans with them, but it works for me.
So a way to further define the parameters is more helpful to me (not necessarily more indicators, although that might be it). I'm also looking forward to the complete package.
Having said that, I do occassionally put on a demo discretionary trade, and lately I've been doing pretty well, yesterday notwithstanding. I didn't really like the idea of the lounge at first, but now I've realized that I think I would enjoy the socialization and also be able to learn some good stuff from other traders. My desire, anyway, is that it would be a place where mutual support, training, and mentorship happens. Dr. Brett Steenbarger talks about this a lot as a key to success, and I have much respect for him.
10-25-2006, 08:22 AM
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