I have a question for you: What are your trading results looking like for 2018? First off, an apology over the horrible jargon typing from the world’s worst typist. This was concocted in a severe hurry but hopefully you will enjoy this twisted jargon that follows:
What are your trading results looking like for 2018? I have scheduled another Meetup online for this Monday (as in 2 days). I wanted to talk about lessons learned about my current strategy for doing automated forex trading. There was lots to learn before I think I am getting not just winning trades but bug results. I am willing to talk about the psyche of trading when human greed kicks in versus following computer code logic. This is a tough battle to overcome but I think this is an important discussion to understand the psyche of this.
After talking to dozen upon dozens of retail traders who do and rely on technical analysis and indicators have their heads literally poisoned with negative propaganda that negates their trading results. I have fallen for that in so many ways in the last few weeks. Let’s address that if you ever want to transform yourself into having an automated or algorithmic or systematic trading setup.
More traps are laid out one must overcome with this notion of over-engineering their strategies with all these complicated indicators hoping that the moon will provide 5 Elliot waves to give them mercy in lucrative riches. Or how about those Fibonacci retracement levels that for some reason never work out. Seriously, if you believe in that, you will be putting these thoughts into the top 3 remorses of your life while you sit on your death bed.
One thing I found, simplicity and math is the key to all your ills. Also, you need to ensure you have a decent reliable broker who is not going to kick you of your profitable runs just before it hits that stop loss. I hear these stories weekly because of the corrupt brokers they choose.
As you can tell, there is lots to discuss this Monday at 7PM EDT so let’s set it up shall we?
Bryan Downing is inviting you to a scheduled Zoom meeting.
Topic: Bryan Downing’s Systematic Trading Results
Time: Jan 15, 2018 2:00 PM America/Toronto
Join from PC, Mac, Linux, iOS or Android: https://zoom.us/j/788140615
Or iPhone one-tap :
US: +16699006833,,788140615# or +16465588656,,788140615#
Dial(for higher quality, dial a number based on your current location):
US: +1 669 900 6833 or +1 646 558 8656
Meeting ID: 788 140 615
International numbers available: https://zoom.us/zoomconference?m=WMi7HozrCPZBMZrO8xu4mwi9LJzGp-_v
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