Work in progress - Dummy 2.0
November 30, 2006 – 5:57 pmMaybe you have noticed I am not posting any trade so far. I am not trading this week. After a serious review of my journals, I have realized the weakness of my current trading plan. (Well, basically,strictly speaking, it is not even a plan). I am planning to take the coming 2 to 3 weeks to concentrate on writing out a concrete trading plan. If you have read the Reading Links I have posted, you know it involves a lot of work.(Man, it is not a one-night job). I even pick up backtesting to a certain extent. This is to firm the rules and confidence. My trading plan will be surrounding Dummy trading. So far, the basic belief and findings are, dummy system has great deal of merit.
This should be a project with intense studies and testings. Certainly, I will continue posting materials related to this subject along the way, and of course, some good suggestions from Dave (a.k.a MagicT).
By then, see you at Dummy trading 2.0.
From the desk of Tradergav.com
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Tags: Strategy & tools
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