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Hey fiftyeightI am in a similar position to yourself and am looking at what strategies to use as an 'edge'. however I have just finished reading Trading in the Zone by Mark Douglas , the book describes what is a good mind-set for trading and how you can overcome psychological barriers. It highlights that no mater what edge you have to pick your stocks, they have an equal chance to go in the opposite way that your edge indicated.. once this is realised then a sound risk management plan is essential. I am by far no expert on the subject but this was an enlightening book for me.As far as what has been discussed in this thread, I would love to know why gringotts bank stopped using his mechanical system that worked profitably for 13 years? did you enhance the system with subjectivity? did you find a better system?..... I don't understand why gringotts and tech/a are getting attacked so harshly.Also tech/a your system's must be pretty sound from what I have read... but from all the name calling i don't really know who to apply the buls%$t filter too.rider
Hey fiftyeight
I am in a similar position to yourself and am looking at what strategies to use as an 'edge'. however I have just finished reading Trading in the Zone by Mark Douglas , the book describes what is a good mind-set for trading and how you can overcome psychological barriers. It highlights that no mater what edge you have to pick your stocks, they have an equal chance to go in the opposite way that your edge indicated.. once this is realised then a sound risk management plan is essential. I am by far no expert on the subject but this was an enlightening book for me.
As far as what has been discussed in this thread, I would love to know why gringotts bank stopped using his mechanical system that worked profitably for 13 years? did you enhance the system with subjectivity? did you find a better system?..... I don't understand why gringotts and tech/a are getting attacked so harshly.
Also tech/a your system's must be pretty sound from what I have read... but from all the name calling i don't really know who to apply the buls%$t filter too.
rider
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