10-30-2008, 08:33 PM
|
#9 |
Join Date: Nov 2007 Location: boonies Thanks: 317
Thanked 355 Times in 256 Posts
| Re: Bootstrapping Back Ok even if only one noob benefits it would be worthwhile...but my guess though is that not one single noob would get something transferrable. Enjoyable yes... inspirational yes... but truly helpful - don't think so. Noob's time needs to be spent in his own real world, not watching someone else on a simulator...
Generally applying principles doesn't work well in trading because every tweak to any system actually renders it a wholly new system with the need to reconfigure position management, risk management, sizing management parameters. etc. - so a noob who transfers boostrap's modes to his own even a slightly different system is going to get hosed... to a significantly different type of system and he's freakin' doomed for sure.
If you were to invite noobs to trade along with you with this, the most important thing they will learn is it's better not to to wear someone else's pants (for all kinds of reasons  ) So they would learn - but not optimally. Most would drop off some of them actually damaged... but again even if one benefits I guess it would be worthwhile
All the best,
zdo |
| |