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JDog

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Personal Information

  • First Name
    Jim
  • Last Name
    Helms
  • Country
    United States

Trading Information

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    No
  1. Trading is a hard business. What I discovered is a consistency in identifying and entering good trades. However, once into a position, I failed miserably at managing it. Emotions would override my trading rules, and I would take on too much risk and/or get out or a profitable position way too early. I battled this hit and miss form of breakeven trading for 10 years and often considered giving it up. I then tried automation and found it too much of a challenge to program and automate my entry signals--as my rules relied on a variation of circumstances that is sometimes hard for me to even define, much less code. What I did find is a middle ground where I enter my trades manually and let the program sync to the broker positions and manage them accordingly. It is then a matter of allowing the program to do its job which I find easier and less stressful than doing it myself. Once I coupled my entries to the software exits, I became profitable on a consistent basis.
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