Normal
Gut tradingThe problem with overriding a trading strategy is that you'll never be sure if it's the rules or the overriding of the rules was the driver of a losing streak. Poor trading can be attributed to poor execution. The more "inexperienced" traders will bend the rules to suit their mood & wonder why live trading fails to replicate their backtest results.Jumping shipThe last few posts go somewhat in explaining why new traders constantly jump from one strategy to another. Jumping ship is normally an emotional decision rather than simple logic that all strategies take time to develop.I'll leave the summary up to [USER=13908]@peter2[/USER]I've made a series of posts when one would have sufficed.Skate.
Gut trading
The problem with overriding a trading strategy is that you'll never be sure if it's the rules or the overriding of the rules was the driver of a losing streak. Poor trading can be attributed to poor execution. The more "inexperienced" traders will bend the rules to suit their mood & wonder why live trading fails to replicate their backtest results.
Jumping ship
The last few posts go somewhat in explaining why new traders constantly jump from one strategy to another. Jumping ship is normally an emotional decision rather than simple logic that all strategies take time to develop.
I'll leave the summary up to [USER=13908]@peter2[/USER]
I've made a series of posts when one would have sufficed.
Skate.
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