Wednesday, April 6, 2011

Q: Do I need a computer to trade?

Q: Do I need a computer to trade?

A: You cannot beat the markets by outsmarting them or other traders. Computers can make your analytical life easier, but successful methods are simple enough to apply without using a computer. Computers' real value, in my opinion, is their ability to help you test trading ideas historically. Most trading methods, even popular ones, do not work when put to a rigorous test. This is one of the great unspoken reasons why so many traders fail.

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