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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (2612)8/10/1999 9:20:00 AM
From: marketbrief.com  Read Replies (1) | Respond to of 18137
 
Alan, absolutely spot on post. I think that the desire to "automate" and "backtest" springs from the recognition that the trader does not have the ability to keep his emotions in check, and needs something "mechanical" or "foolproof" to keep himself out of trouble. Meticulously studying my trading journal, intraday charts, and P&L sheets is the only "backtesting" I have ever done.

~Smart$