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One is monitoring and analysing,another pulls the trigger
- Thread starter SatMir
- Start date
Quote from SatMir:
I`m experimenting with the model that trades size,and I found it more effective, when i monitor the market and give the helper a command to enter the market.But,why can`t i do it all by myself?Are these two activity different?
I would think these activities engage two different parts of the brain, so, yes, that would mean that you could excel in one and not the other.
One thing you need to make sure about your "helper" is that the person you choose has to be OK with standing up to you after a losing trade and will be wiling to follow your trade rules even when there is a drawdown. If you are friends with this person, that could complicate things because you'd naturally be second-guessing them and they would want to please you by getting out of trades when you started to get nervous. I can see it potentially not making much of a difference.
But, to eliminate these potential problems, why not just automate your system?
Quote from logic_man:
I would think these activities engage two different parts of the brain, so, yes, that would mean that you could excel in one and not the other.
One thing you need to make sure about your "helper" is that the person you choose has to be OK with standing up to you after a losing trade and will be wiling to follow your trade rules even when there is a drawdown. If you are friends with this person, that could complicate things because you'd naturally be second-guessing them and they would want to please you by getting out of trades when you started to get nervous. I can see it potentially not making much of a difference.
But, to eliminate these potential problems, why not just automate your system?
Thanks LM for your reply.
The helper is a friend of mine,and i see no problem with the idea to work with friends.Even more exciting to achieve things side by side.The point is in the discipline,it should be the way like in the aircraft carrier.
define size.