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Traders at Work: How the World's Most Successful Traders Make Their Living in the Markets by Nicholas Mango, Tim Bourquin

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Charles German

While his career began more than twenty years ago on the floor of the Chicago Board of Trade, Charles German explains that his adoption of a trend-following strategy in 2005 was what ultimately led him to reach new heights in trading. He now uses an automated trading system that combs the markets for setups, places entry and stop orders, and executes with little or no human interaction required.

While fully automated trading may be a dream for many traders, it was only through thousands of hours of meticulous backtesting and some costly, difficult lessons learned along the way that German made it a reality. By requiring that his ...

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