How To Make Money With Trading Systems - Markus Heitkoetter DOWNLOAD
Introduction: How to Make Money with Trading Systems
How to Develop a Profitable Trading System
Step 1: Select a market and a timeframe
Step 2: Define entry rules
Step 3: Define exit rules
Step 4: Evaluate your system
Step 5: Improving your system
Conclusion
A Sample Trading System
Step 1: Selecting a market and timeframe
Step 2: Define entry rules
Step 3: Define exit rules
Step 4: Evaluate your system
Step 5: Improving your system
Conclusion
The 10 Power Principles of Successful Trading Systems
Principle #1: Few rules - easy to understand
Principle #2: Trade electronic and liquid markets
Principle #3: Make consistent profits
Principle #4: Maintain a healthy balance between risk and reward
Principle #5: Find a system that produces at least five trades per week
Principle #6: Start small - grow big
Principle #7: Automate your trading
Principle #8: Have a high percentage of winning trades
Principle #9: Look for a system that is tested on at least 200 trades
Principle #10: Chose a valid backtesting period
How to apply the 10 Power Principles – An Example
Tips, Tricks and Important Information You MUST Know
How often should you evaluate a system
Should I override the strategy
Understanding "Winning Percentage
What it takes to be a winner
Maintain Your Perspective