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  1. #10
    Join Date
    Dec 1969
    Location
    Seattle, Washington USA
    Posts
    151

    trading and writing, my .02

    It took me years to learn to write. I'm not alone. Everyone takes years. Everything must be learned: penmanship, spelling, grammar, structure, arguments, notations, and eventually style.

    I know, too, it takes years because I've taught many writing classes. (I know. No one could guess it from the error-prone prose I sometimes let loose on this forum). In classes, I have presented all I know, including my tricks. Students seemed to understand during classes; they solved the problems I gave them; they worked in groups; they made presentations about some aspects of writing and so forth. However, when I received their formal essays, I would find mistake after mistake that I had specifically taught them not to make. This was always expected but still very disappointing.

    Eventually, I would teach my students to write from simple structures first. Subject, verb, object. Subject verb object.... Such an emphasis on the ABCs of writing rarely went over well with students. People generally don't like enforced humility. Ultimately, anyone who truly develops the capacity to gather and develop an idea within the conventions and structures of a language has learned to execute with the precision of an advanced computer program. No one learns entirely alone, but everyone who succeeds learns to learn how to write.

    I think something similar happens with trading. All the experienced traders in this group have learned to trade. Some do so with flare; others are methodical. We lesser traders should be in awe of their fluid and focused talents. But, based on my experience, I guarantee that many of us would not achieve the same results as the masters here even if we were told exactly how to trade. I know this as a teacher of writing, but I also know this as a trader here. I have yet to replicate precisely a robot trade without leverage from start to finish! And yet, the back tests and the experienced traders all say the same: over time the robots will work. They also say that the market is itself a relentless and unforgiving teacher; it provides perfect and very timely feedback. But when one does it right, the rewards are heavenly.

    So, dear friends, we need to straighten up and fly right. If we can't achieve good results with the robot guiding our every choice, we should either resolve to follow more precisely or choose another writing instructor. The flare and the grace of experienced hands will come only to the dedicated and only to those are willing to take the time necessary to discipline themselves to the dictates of the market. How long will it take? Answer: as long as it takes!
    Last edited by nickola.pazderic; 01-27-2012 at 09:53 AM. Reason: Message originally posted... at 02:50 AM! :

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