Some news worth reading...
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- #137
- Jan 17, 2012 10:22am Jan 17, 2012 10:22am
Came across this today not related to trading but when I read it ... felt like what we experience daily.
Negative feedback (Bad trades?) and self-regulating learning systems(traders?) must learn to:
1) Sense, monitor, and scan significant aspects of the environment, (market?)
2) Relate this information to the operating norms that guide quick
system behavior,(setups?)
3) Detect significant deviations from these norms(quality of setups?), and
4) Initiate corrective action when discrepancies are detected.(take the trade or not?)
Learning abilities are limited by the norms or standards guiding
actions(trader's limited understanding or 'system'?), so intelligence breaks down when the process of negative
feedback tries to maintain an inappropriate pattern of behavior. (Lack of discipline even though you are aware that it has low odds?)
Think about it... might save some nerves.. and pips
Negative feedback (Bad trades?) and self-regulating learning systems(traders?) must learn to:
1) Sense, monitor, and scan significant aspects of the environment, (market?)
2) Relate this information to the operating norms that guide quick
system behavior,(setups?)
3) Detect significant deviations from these norms(quality of setups?), and
4) Initiate corrective action when discrepancies are detected.(take the trade or not?)
Learning abilities are limited by the norms or standards guiding
actions(trader's limited understanding or 'system'?), so intelligence breaks down when the process of negative
feedback tries to maintain an inappropriate pattern of behavior. (Lack of discipline even though you are aware that it has low odds?)
Think about it... might save some nerves.. and pips
