Campaign Trading: Tactics And Strategies To Exploit The Markets (wiley Finance)
by Jack Sweeney /
1996 / English / PDF
1.5 MB Download
Trading systems are the strategies all technical traders use to
place their trades. However, any given system is only effective for
a certain amount of time, under a specific set of circumstances.
Therefore, to be truly successful, traders must change their
systems on a regular basis. This text discusses the impermanence
and built-in obsolescence of trading systems. The author explains,
using a case example, how to create a profitable trading campaign
that will work for a specific financial instrument under certain
circumstances for a limited period of time. Then, the system is
redeveloped for the next set of circumstances. The overall aim is
that the campaign never becomes obsolete as the program is
constantly adjusted to meet market changes.
Trading systems are the strategies all technical traders use to
place their trades. However, any given system is only effective for
a certain amount of time, under a specific set of circumstances.
Therefore, to be truly successful, traders must change their
systems on a regular basis. This text discusses the impermanence
and built-in obsolescence of trading systems. The author explains,
using a case example, how to create a profitable trading campaign
that will work for a specific financial instrument under certain
circumstances for a limited period of time. Then, the system is
redeveloped for the next set of circumstances. The overall aim is
that the campaign never becomes obsolete as the program is
constantly adjusted to meet market changes.
