Trading is all about lifelong learning. How about revisiting some old favourites to deepend our understanding of our craft?
Also of note
For the Weekend: Revisit old favourites
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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
In many areas of life, average is just fine. You don’t have to be the best dentist or truck driver in the world to make a living in your chosen profession. Not in trading, though.
In trading, average doesn’t cut it. You have to excel in every aspect of the job. It’s just how it is, just think about it: our opponents are some of the smartest and best-funded professionals on the planet.
So you have to excel too. “Average” traders won’t last in this business. Which is why we have our Forum, for discussions on a variety of advanced topics, which perhaps some traders will skip, but then we’re back to where this post started.
So make sure you join us, and help others as well as be helped by others on your way to excellency. For starters, we have this fascinating user question, and a just as fascinating answer to it, right here, right now, on our Forum!
Remek! Trading Systems, Inc. (Toronto, Canada) specializes in providing trading system development, testing and consulting services to traders worldwide. Remek! Momentum Pro, our self-adapting trading algorithm is designed to trade the re-emergence of momentum out of consolidation areas. For more information, visit www.remek.ca
Remek! Trading Systems Inc. | 11 Shallmar Boulevard, Toronto, ON, M5N 1J6, Canada