Fred Schutzman Video Review # 1
Video review of "Developing Profitable Trading Systems from Discretionary to Mechanical"
To watch this video visit InoTv
Rating: 4/5
When trading on a discretionary basis, most traders look at many different tools and indicators and combine these into a logical decision making process. However, in developing mechanical trading systems, these same traders will optimize some combination of technical indicators based upon past performance and call that a trading system. This results in a mechanical system that does not represent the trader’s subjective approach to markets. The trader’s goal should be to build a system that reflects his or her discretionary trading.
