System Development for Individuals (Part 4)

My previous posts on this topic have led me to understand System Development as an endeavor people must learn on their own based in part on individual trading experience.

Understanding System Development as an individualistic pursuit also means your potential takeaway from my blog is limited.  Even if I develop worthy systems to trade, many potential factors may prevent you from trading them–not the least of which is the fact that you might be foolish to trade what I claim to be profitable without replicating the work yourself as a matter of due diligence.

What you can do is study my process and use that as a starting point after which to pattern your own work.  This is what books have done for me.  Only I can bring myself the rest of the way.

It was not my intent to make any grandiose claims with this mini-series but rather to summarize my experience to date.  I originally learned about systematic trading and backtesting as a contrast to discretionary trading.  I then learned about trading strategies vs. trading systems and system development.  I purchased what I believed to be the most comprehensive and inexpensive software package and then started to read books.  It was at this point that I found different books to have limited content overlap.

Once I set out on my own system development journey, I edged closer to the holes in understanding that I grapple with today.  I believe research awaits to better understand how patterns I see in backtesting correlate with live trading performance, but this will be personal science only applicable to my trading concept and to my trading preferences.