[Pepperdog]

Excellent replies everyone. Thanks for the insight, suggestions and food for thought.

Either I can continue to "fly by the seat of my pants" with no defined edge, constant doubt and hesitation, or go through the exercise of relentless backtesting until I can quantify what my edge is. I never really gave enough thought to how important that would be when real money was on the line. Paper trading has always been so easy for me, but I guess that is just the way it is.

So with that said, I believe the very first item in my trading business plan is now "Quantify your edge by any means necessary before going full time."

Jay

[JBWTrader]

Exactly Jay...

As Dr Brett says...the pro's are preoccupied with finding setups and strategies and deifining these then proving them , whereas the Amateurs are preoccupied with the Psychology of themselves and/or of the market...

All the Best

john