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Desperate call for help, I CANT execute my discretionary trading plan no matter what


Discussion in Psychology and Money Management

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  #91 (permalink)
 BERN Algos 
Bologna Italy
 
Experience: Advanced
Platform: nt8
Broker: NinjaTrader
Trading: futures
Posts: 58 since Jun 2022
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lightsun47 View Post
This reminds me: Is it also possible to algo everything? My manual strategies are maybe incredibly hard to code because of strict rules.

Ya, the good news:
Any rule that can be written in a (relatively) simple and not-ambiguos list of sentences can be implemented in an algo.
Moreover, algos rules are nothing less than strict -by definition-.

The bad news:
Fear will not go away. Pain will not fade. Losses will hit your stomach. Gains will strike you mind. Your hand will not be able to stay away from the keyboard and do something stupid. It's sometimes harder than discretionary.


Btw, algo could be a good way to test mechanically your rules. Your writings here make me think that maybe you don't rely on your rules as you think.


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  #92 (permalink)
 
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 paps 
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ohh wow..u r back @tigertrader. good to see you


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Last Updated on November 19, 2022


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