10: System development secrets

There’s more to trading than just diagnosing the trend. It’s time you looked at your entire trading system and filled in some of the blanks so you can trade like a machine.

People are attracted to the markets because they want to make money. They have high expectations about making this money using skills and techniques developed through other experiences. Just because you’re a cardiac, orthopaedic, paediatric brain surgeon who works for NASA in your spare time doesn’t mean you will instantly be a master trader.

Traders love the thought of being totally free from a boss, where their time is their own. It’s an exhilarating, heady combination. This honeymoon period will last for as long as their accounts are not ...

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