<s> Jack Schwager’s Guide to Winning with Automated Trading Systems
Course ManualCourse Manual
Jack Schwager
An Overview of An Overview of Trading Systems --Trading Systems And Why You Should And Why You Should Use ThemUse Them
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The Most Important Lesson The Most Important Lesson of the Market Wizardsof the Market Wizards
Benefits of a Mechanical Trading System
Six basic advantages of trading systems:
l Eliminates emotionl Eliminates need for constant decision makingl Ensures consistency of approachl Risk controll Same approach can be applied to many marketsl Approach can be tested for statistical reliability
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Defining and Defining and Illustrating the Illustrating the Leading Types of Leading Types of Trading SystemsTrading Systems
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An Alternative An Alternative Approach --Approach Trend Counter--Trend CounterSystemsSystems
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Taking Advantage of Taking Advantage of Charts by Using Charts by Using Pattern SystemsPattern Systems
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