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Speaking of Taleb, and Fooled by Randomness, and the frailty of humans...

dpong's WTT strategy did this from 2014 through 2016. THREE YEARS!!

[ATTACH=full]118103[/ATTACH]

Nick's advice is to trade through the drawdowns. How can a mere human trade this?

Meanwhile, the overall market is doing this:

[Buy and hold would have outperformed for these 3 years.]

[Heck, even being in cash would have vastly outperformed.]

[ATTACH=full]118104[/ATTACH]

And yet, 2014 through 2016 was but a small part of the journey to this:

[ATTACH=full]118105[/ATTACH]

In a way, the "right thing to do" would have been to continue trading the system. [Maybe.] But how could a mere human do that? And should he? I'm trading WTT and struggling with this eventuality. I mean right now it's great. But what will I do when the time comes? I'm not sure.

[Suggestions are welcomed.]

<blockquote data-quote="dpong" data-source="post: 1107281" data-attributes="member: 84133">Speaking of Taleb, and Fooled by Randomness, and the frailty of humans...dpong&#039;s WTT strategy did this from 2014 through 2016.&nbsp; THREE YEARS!![ATTACH=full]118103[/ATTACH]Nick&#039;s advice is to trade through the drawdowns.&nbsp; How can a mere human trade this? Meanwhile, the overall market is doing this:[Buy and hold would have outperformed for these 3 years.][Heck, even being in cash would have vastly outperformed.][ATTACH=full]118104[/ATTACH]And yet, 2014 through 2016 was but a small part of the journey to this:[ATTACH=full]118105[/ATTACH]In a way, the &quot;right thing to do&quot; would have been to continue trading the system.&nbsp; [Maybe.]&nbsp; But how could a mere human do that?&nbsp; And should he?&nbsp; I&#039;m trading WTT and struggling with this eventuality.&nbsp; I mean right now it&#039;s great.&nbsp; But what will I do when the time comes?&nbsp; I&#039;m not sure.[Suggestions are welcomed.]</blockquote>

[QUOTE="dpong, post: 1107281, member: 84133"] Speaking of Taleb, and Fooled by Randomness, and the frailty of humans... dpong's WTT strategy did this from 2014 through 2016. THREE YEARS!! [ATTACH type="full" alt="1. Portfolio Equity.png"]118103[/ATTACH] Nick's advice is to trade through the drawdowns. How can a mere human trade this? Meanwhile, the overall market is doing this: [Buy and hold would have outperformed for these 3 years.] [Heck, even being in cash would have vastly outperformed.] [ATTACH type="full" alt="X6g1z1ss.png"]118104[/ATTACH] And yet, 2014 through 2016 was but a small part of the journey to this: [ATTACH type="full" alt="1610206687032.png"]118105[/ATTACH] In a way, the "right thing to do" would have been to continue trading the system. [Maybe.] But how could a mere human do that? And should he? I'm trading WTT and struggling with this eventuality. I mean right now it's great. But what will I do when the time comes? I'm not sure. [Suggestions are welcomed.] [/QUOTE]

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