Good comments, all. It’s interesting to hear the different approaches to trading – which is why I initially came to the forums. On one side, there are a few “intuitive” traders who have not codified their understanding of market action by creating a written system. On the other side of the curve, are “rocket scientists” who apply fractal geometry and game theory to market action in their “quest for alpha”. As rhodytrader suggested, they are just a set of decision making guidelines, no matter how simple or complicated you make them. Simple is good.
Journals are a good idea, too. Question: Do you spend more time reviewing your "winners" or your "losers"?
|