I would love to tell you that I have returned from a relaxing two week vacation on an island paradise but then I would be lying. Pretty much everything that could have gone wrong during this trip in fact did go wrong. At times it felt like we should have changed our last names to Murphy. Does that mean we didn’t have a great time? Of course not! Because as with everything in life, and particularly when it comes to trading, the path to success lies in managing your expectation and your actions.
This is Scott, I’m taking over from Mole while he gets some downtime in Tenerife this week.
I’d like to digress a little from the usual bullshit about markets (which of course I will cover), and work through the preliminary stages of working up a new system, from concept to backtesting, forward testing and optimisation. I’d also like to update you on some of the things I’ve learned since I last did a system building course for your guys in early 2014.
Now dreaming about the future can be a lot of fun (of course your mileage may vary) but until we actually get there there’s quite a bit of work left to be done. After all those fancy hover cars and food replicators won’t pay for themselves. Or perhaps – will they?
This is not going to be a post about trading per se but rather about human machine interaction, the ubiquity of the 21st century workplace, and what it all means for us traders. Of course anything speculated and prognosticated here applies to many other white collar activities as well but for one this is a trading blog and secondly I believe that in particular traders and financial professionals will be among the groups most affected by what is coming our way.