The Personal Side to Trading System Development (Part 4)

I have found trading system development to be so individual that I can hardly find anyone interested enough to work with me to do it.

This also makes me realize how limited your takeaway can be as my reader of some of my posts.

Even if I develop and write about systems that I deem worthy, many potential factors may prevent you from trading them–not the least of which is the fact that you would be foolish to trade what I claim to be profitable without replicating the work as part of your own due diligence. My process can be studied and used as a starting point after which to pattern your own work: this is what books have done for me. Only you can take yourself the rest of the way.

It was not my intent to make any grandiose claims with this blog series other than to summarize my experience to date. I originally learned about systematic trading and backtesting as compared to discretionary trading. I then learned about trading systems vs. strategies and trading 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 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 think science can help me understand how the patterns I see in backtesting results correlate with live trading performance. This science will be inherently personal, however: only applicable to my trading concepts and to my trading preferences.