One Step Closer To His Goal

I recently received an email from a trader, Craig who I've chatted with via email or comments over the last couple of years.  I'm glad to see he's still going too.

"Hi Rich, you probably remember that I started about the same time as you.  Like you, I now bleed at a snails pace.  However, I do feel I'm getting closer.  I went though a long period of trying to be personally disciplined, trading the London open etc, but I just can't do it as I am already tired and stressed from my job and life in general. However what I can do is discipline myself to write code on the weekend and back test. I think it's important to realize when something is not working and not to be worried about moving on. I flogged myself trying to trade many systems (linuxtroll simple scalping, Point and figure, CCI etc.) Nothing really worked. Now I only trade automated and only if I can mathematically prove that I have some sort of positive expectation on unseen data.  I can see how trading is anything more than that.  Am I making a killing? Not yet… but I do feel that each time a system fails, I learn something new which brings me one step closer to my goal, which is the same as yourself and Simon's.

Thanks for the email Craig.  Of course I remember you.

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