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Last week's article saw me state facetiously that I was loath to publish details of my

trading lifestyle, "Primarily because 🧬 it is so dreary. No poolside selfies from me,

courtesy of a cheap AirBnB holiday." In answer to my previous 🧬 article, The Search for

Edge , Boris (probably not Johnson) left a comment that I felt would be best answered

🧬 in a dedicated article rather than as a reply in the comments section of the original

article.Last week's article saw 🧬 me state facetiously that I was loath to publish

details of my trading lifestyle, "Primarily because it is so dreary. 🧬 No poolside

selfies from me, courtesy of a cheap AirBnB holiday."

Boris commented

James you have

never been keen on showing the 🧬 poolside life of trading, I understand why. But wouldn't

it be better to say it's a highly important part because 🧬 of how stressful trading is? -

or any high level competition and learning to turn it off and turn it 🧬 on is one of the

most important parts of high level competition (Trading & Business). Which is why

business and 🧬 trading is the two more difficult domains to achieve substantial success

in is becuase it run's 365 and your neck 🧬 is on the line everyday. My point being as

long as people understand intermittently busting your ass then having a 🧬 week of in

capetown once a quarter will do you much better in the long run then just solid grind

🧬 in which you become more likely to make errors and costly mistakes. Rest is key

whichever way you get it.

I 🧬 didn't know there was a poolside life to trading. Did I

miss a clause in my agreement with Betfair?

Betfair User 🧬 Agreement

15.2 - All users of

the Betfair exchange are expected to post nauseating photographs of their chest hair

from different 🧬 poolside locations on a regular basis or forfit their exchange rights

and privileges.

That'll teach me to scroll immediately to the 🧬 bottom of those tiresome

service agreements and click "I Agree" without reading anything.

Boris says, "But

wouldn't it be better to 🧬 say [poolside life is] a highly important part because of how

stressful trading is?"

Why? Is chlorine invigorating for you? Personally, 🧬 my ears clog

up when I'm in a pool and I become very grumpy for the rest of the day 🧬 so no, being

poolside, toasting my chest hair (singular) would not be a good idea. A grumpy bunny

does not 🧬 a trader make.

Reading Boris's comment in its entirety suggests that he is

talking about himself, a manual trader, who sits 🧬 in front of a screen all day long. If

I did that then I would not be looking for a 🧬 pool, I'd be looking for an optician and

maybe a psychoanalyst.

If Boris (and others) took the time to read more 🧬 of this website

then he (and they) would realise that I am an algo-trader, one who doesn't sit in front

🧬 of a screen all day long.

Maybe it is not fully understood what algo-trading is. Yes,

there is research and programming 🧬 to be done in front of a screen but that is varied

and enjoyable work and not the chore that 🧬 the ladder lovers have to endure.

i.e. entry,

exit and any money management strategy) and then leaves the bot to get 🧬 on with it.

Therefore, the algo-trader has a lot more free time and suffers a lot less stress (if

any) 🧬 because they are not physically trading. When a manual trader has constructed (or

guessed) a strategy they have to implement 🧬 it by hand in front of a screen from entry

to exit. An algo-trader codes the logic of a strategy 🧬 into a bot entry, exit and any

money management strategy) and then leaves the bot to get on with it. 🧬 Therefore, the

algo-trader has a lot more free time and suffers a lot less stress (if any) because

they are 🧬 not physically trading.

Boris is rather behind the times if he believes that

manual trading is still the mainstay of the 🧬 financial markets. Most open outcry trading

pits have gone. Some of the jobbers have swapped their brightly coloured jackets for 🧬 a

shirt and tie, and sit at electronic terminals but the bulk of financial trading is

automatically performed by computers. 🧬 Yes, the markets are running, somewhere on this

planet, 365 but news and data are being processed and acted upon 🧬 at the speed of light

and that's no place for a human.

If you want to relieve the stress of trading 🧬 then

don't trade. Build a trading strategy and leave it to an automated trading system to

implement. If you truly 🧬 have an edge then why are you allowing your human frailties to

get in the way of your potential profit? 🧬 If you have to constantly jump in and take

control then your system is not quantifiable and there is no 🧬 proof of edge.

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