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It may not be that hard for some but there are 2 things that make it hard for us normal irrational humans. Firstly our emotions and, secondly, we don't really know what is going on - what the psychologists call "cognitive difficulties" .

The lines on a computer generated equity curve don't convey the emotional turmoil when a trader hits a 20% plus drawdown - "what if my system doesn't really work", "what will happen tomorrow, is this 1929 / 1987 all over again" or "I am going to lose all my money" etc. We see this sort of navel gazing on these forums.

tech trader is a great exercise. Ideally people get to understand it, do some system testing themselves, run through the signals it has given in the past and get a handle on what they are getting into. I am sure that lots of people have gained a huge amount of knowledge from understanding tech trader better.

I would rather not be tech/a to all those traders that see it as a pot of gold but have no idea how it works. The first big drawdown will see them blaming everyone else and probably abandoning the system because it doesn't work - probably just before it takes off again!

I have seen it happen in a small way with a friend, although he just over-rides the system because he has a "feel" for the markets and doesn't need it anymore. Supreme confidence, most of us think that we are god when it comes to the markets

I know my ability to trade by gut feel and animal cunning - no chance!

I personally believe that simplicity is vastly over-rated, but then I ignore most of the market information and look for a solution based on incomplete knowledge.:

Enough of my ranting.

stevo

<blockquote data-quote="stevo" data-source="post: 200205" data-attributes="member: 2970">It may not be that hard for some but there are 2 things that make it hard for us normal irrational humans. Firstly our emotions and, secondly, we don&#039;t really know what is going on - what the psychologists call &quot;cognitive difficulties&quot; . The lines on a computer generated equity curve don&#039;t convey the emotional turmoil when a trader hits a 20% plus drawdown - &quot;what if my system doesn&#039;t really work&quot;, &quot;what will happen tomorrow, is this 1929 / 1987 all over again&quot; or &quot;I am going to lose all my money&quot; etc. We see this sort of navel gazing on these forums.tech trader is a great exercise. Ideally people get to understand it, do some system testing themselves, run through the signals it has given in the past and get a handle on what they are getting into. I am sure that lots of people have gained a huge amount of knowledge from understanding tech trader better.I would rather not be tech/a to all those traders that see it as a pot of gold but have no idea how it works. The first big drawdown <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite9" alt=":eek:" title="Eek!&nbsp; &nbsp; :eek:" loading="lazy" data-shortname=":eek:" /> will see them blaming everyone else and probably abandoning the system because it doesn&#039;t work - probably just before it takes off again!I have seen it happen in a small way with a friend, although he just over-rides the system because he has a &quot;feel&quot; for the markets and doesn&#039;t need it anymore. Supreme confidence, most of us think that we are god when it comes to the markets <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin&nbsp; &nbsp; :D" loading="lazy" data-shortname=":D" />I know my ability to trade by gut feel and animal cunning - no chance!<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused&nbsp; &nbsp; :confused:" loading="lazy" data-shortname=":confused:" />I personally believe that simplicity is vastly over-rated, but then I ignore most of the market information and look for a solution based on incomplete knowledge.<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue&nbsp; &nbsp; :p" loading="lazy" data-shortname=":p" />:Enough of my ranting. stevo</blockquote>

[QUOTE="stevo, post: 200205, member: 2970"] It may not be that hard for some but there are 2 things that make it hard for us normal irrational humans. Firstly our emotions and, secondly, we don't really know what is going on - what the psychologists call "cognitive difficulties" . The lines on a computer generated equity curve don't convey the emotional turmoil when a trader hits a 20% plus drawdown - "what if my system doesn't really work", "what will happen tomorrow, is this 1929 / 1987 all over again" or "I am going to lose all my money" etc. We see this sort of navel gazing on these forums. tech trader is a great exercise. Ideally people get to understand it, do some system testing themselves, run through the signals it has given in the past and get a handle on what they are getting into. I am sure that lots of people have gained a huge amount of knowledge from understanding tech trader better. I would rather not be tech/a to all those traders that see it as a pot of gold but have no idea how it works. The first big drawdown :eek: will see them blaming everyone else and probably abandoning the system because it doesn't work - probably just before it takes off again! I have seen it happen in a small way with a friend, although he just over-rides the system because he has a "feel" for the markets and doesn't need it anymore. Supreme confidence, most of us think that we are god when it comes to the markets :D I know my ability to trade by gut feel and animal cunning - no chance!:confused: I personally believe that simplicity is vastly over-rated, but then I ignore most of the market information and look for a solution based on incomplete knowledge.:p: Enough of my ranting. stevo [/QUOTE]

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