Winning with Automated
Trading Systems
Course Manual
Jack Schwager
An Overview of
Trading Systems -
And Why You Should Use Them
The Most Important Lesson of the Market Wizards
Benefits of a Mechanical
Trading System
Six basic advantages of trading systems:
- Eliminates emotion
- Eliminates need for constant decision making
- Ensures consistency of approach
- Risk control
- Same approach can be applied to many markets
- Approach can be tested for statistical reliability
Defining and Illustrating the Leading Types of Trading Systems
An Alternative Approach -
Counter-Trend
Systems
File details File Type: Adobe PDF (.pdf) Windows Copatible: Yes Mac Copatible: Yes Language: English
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