NinjaTrader Strategies - Mechanical Trading General Discussions - Ask general questions, post charts and videos - backtesting, optmisation and strategy anlyasis
28/12/2009 19:57:10
Tom Leeson
Administrator
Posts: 661
|
Style– high frequency and low frequency
High frequency is another word for style - will youstick with a system if it makes many wins in a row and then looses 3to 5 timesin a row and wipes out the profit from a large amount of trades?
It is about trader psychology not Zen.. It is about using settings which createa system that you can stick with during a drawdown period....
That is what is meant by style suiting the trader…
The trader is the weakest link not the system… The trader isthe reason systems get switched off during drawdowns. You will not find the Holy grail it does notexist ouside - it is simply a mindset inside you which is either at one with yoursystem or not – that is what produces winning traders not a system
Every system has a drawdown – you will not find one thatdoes not have losses.
If you cannot accept that losses are a part of trading thenit is not suitable for you to pursue it.
edited by tom on 28/12/2009
--
MicroTrends tom
|
|
0
• permalink
|
Powered by AspNetForum 7.0.1.0
© 2006-2011 Jitbit Software