Table of ContentsIntroductionPassion Keeping it SimpleProper fundingEssential Elements of Trading SystemsComparing Sports to InvestingAnything Can & Will HappenHow Easy it Wasn'tComponents of Successful Trading SystemsTime FramesEntry & Exit TypesRisk & Trend FiltersMoney Management FiltersSummationIntroduction to Trading SystemsTrading systems have their inherent benefits yet they are far from being the Holy Grail or robot to simply profit. A great deal of work needs to be put into a trading system. Actually you do not just want a trading system you want a trading methodology. In this short ebook I will discuss and teach you my approach to mechanical trading systems. I have been trading since 1994. It has been a marathon. There have been absolutely fantastic periods as well as drawdowns that seemed never to end. Even the "best" (if there is a best) trading system will go through periods that are not profitable. These trading systems are not retirement in a box. Putting things into perspective I have invested almost 19 years of my life building them, testing them and evaluating them. The good news is that trading systems reinforce discipline and patience and let you know at every period of time what exactly you should be doing .There is no second guessing. You have a complete plan with a properly built trading system. Trading is my passion. I wake up in the middle of the night and write down trading ideas to test. Do not expect to simply buy a trading system and start counting your money. My passion or obsession with trading systems takes commitment. I have a programmer who is as passionate about trading as I do. We can sit on Skype for 8 hours or more and try to enhance the trading systems. The key word is enhance not optimize. We will get into more of that later on.
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