So You Want to Start Trading Systematically...
By Dave Mabe
You're a discretionary trader with some trading experience.
You go through periods of profitability, but you'd like to be more consistent.
You like the idea of automating everything, but it's hard to imagine how to get there.
Rather than treating it like a huge chasm to jump across, think of it as a set of stairs.
Baby steps you can take now to move toward automating your trading.
It's not an all-or-nothing binary choice - there's an entire range between fully systematic and fully automated.
And you won't be sacrificing anything in your discretionary trading - in fact, the opposite.
You'll improve your existing discretionary trading by taking baby steps.
Over the next few days, I'll describe the steps you can take to make your trading better and easier (and more profitable) by inching towards automation rather than leaping.
The first step is simple (which I'll discuss tomorrow).
In the meantime, to prepare, think about how you decide what to trade in the first place.
More tomorrow.
-Dave
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