Quote from jack hershey:
as you learn more about markets, you will no longer couple the pair you mention.
Computer programming is done by following the rules of programming.
computer programming for trading successfully is done by transferring the principles and concepts of how markets work into snippets and the snippets are merged to represent a system of how the market works.
refining the resultant system takes many forms.
Fear and greed are found below the neck in a person who cannot transfer principles and concepts into snippets nor can he transfer how to merge the snippets into a system.
If you can find and meet a person who is knowledgeable and skilled, interview him and ask bout iterative refinement of systems. Mark on a palm with a sharpie the number of times he mentions your hangups (fear and greed). go to the boys room and wash your hand.
you will find that your hands are dirty for other reasons than making marks with a sharpie.
We probably give different meaning to these terms (fear/greed). Maybe because I treat human emotional conditions differently as a psychologist. I don't judge them, only measure them and observe as they influence the human behavior. Sometimes just mentioning it already provides very interesting results.
