These are core principles that drive my study and trading life. Before engaging in new activity, I need to make sure none of these rules are violated... as that would certainly be going against the grain.
Open-source software
- I'm a strong proponent, so investing in closed-source would be strongly contrary to my beliefs
- I will prefer open tools, indicators and systems before considering any closed-source purchase
- Tools or systems that I personally develop will be built on open principles
- I'm completely uncomfortable with closed-source robots
- No way to fully understand their workings
- No way to fix or improve them
- Not a good prospect for long-term success
- No way to fully understand their workings
Collaborative development
- I believe that it is not possible to saturate forex market with any particular trading style
- I'm not afraid to share my secrets/ideas with others
- I believe others will contribute ideas that help me excel, and vice versa
- I believe in serendipity
Make my own trading decisions
- I strongly believe that allowing other people to manage my money is a dead-end road
- I believe that I must learn myself how to handle my own money if I am to excel in the long term
- I should develop my own trading strategies, even if it takes longer to excel as a result
- I believe that the best trading strategies would be personally discovered and developed by myself
- Any system that does not allow me complete understanding and control of trading decisions should be avoided
- Only a personally developed system could "fit me like a glove"
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