Publisher's Synopsis
Fact: 95% of short-term traders lose money. Even worse, the average stock-picking newsletter has returned -3.7% annually over the past 30 years!(Source: Jack Schwager, Market Sense and Nonsense). Despite the seemingly insurmountable odds of becoming a successful trader, it is not only possible, but also probable. But you need to be pointed in the right direction. Inside, you will find the roadmap to becoming a successful systematic trader from a trading skeptic who has never trusted a guru or talking head marched on TV if he can't test their ideas. Here are the highlights:
- How to automate your trading by working 10x smarter so you can make 10x more money, at 10x the speed, all while having 10x more free time and fun.
- How to ditch your trading hobby and create your trading business.
- How to cash in on a $25,000 reward for this one idea.
- The greatest enemy to your success as a trader.
- What the Holy Grail of trading is, and more importantly, what it isn't.
- How to overcome the pitfalls of back-testing before you blow out your account.
- The "make it or break it" test you must subject every trading strategy to. If it doesn't pass this, it won't work with real money.
- Why technical analysis is not only dead, it was dead on arrival.
- The trick to speed up your system design process from months to less than a week.
- How to profit from a simple change in trading that exposes the flaw of a multimillion-dollar industry.
- And much more...