Hello Trader,
One of the most important ways that a person can make money in trading is to use powerful professional trading systems. Trading systems are mechanical in that they use specific rules to tell you when to buy and sell. One of the major advantages of trading systems is that they can be tested which means you can find out if they actually work without actually having to risk any money.
Many people trade stocks using their guts. This means that they are constantly under stress trying to figure out what to do next. Making decisions while under stress is nearly always going to yield a bad decision. So mechanical systems eliminate that problem. You always know what you're supposed to do in any situation. That means no more bad decisions and no more stress. Those are two huge advantages of mechanical trading systems.
The other main advantage is that you can back test to see if they work. Let's say you test a system over 20 years of data. You will now know whether the system makes money or loses money. In addition you can break down how it made money or lost money. For example I can separate the 20 years into bull, bear, and neutral years to see how well the system works during those different types of years.
The system works on different types of stocks. Some systems work better on things like utility stocks and other systems prefer high volatility stocks. Using a mechanical system means you can find out what types of stocks the market does well and what kind of market.
What this really means is that you have all the statistics about the system so that you can truly understand what you are doing and construct a risk management system that works best for this particular type of system. These are two major advantages of trading systems over trading with your guts. Gut trading basically means that you don't know much about anything about your trading.
To me, perhaps the most important benefit of trading systems is that you can put in your trades and forget them. In fact, each trading system becomes an employee for you. But they don't take vacations and never whine about their pay. They just sit there and do their work making you money 24 hours a day.
The best way to use trading systems is to have multiple systems running over multiple time horizons. So you have a system that makes money focusing on the last three days, last three weeks, and last three months. This means that you are capturing all the trends in the marketplace because of the different time horizons.
This gives you a huge advantage over other people who are only using their guts on one time horizon.
The largest collection of mechanical systems to trade stocks is in our new Wealthbuilder Insider membership program. We have trading systems for all time horizons..
I've been using many of these systems for literally decades. So I know they will work for you. I know that you can make a tremendous amount of money using systems.
I urge you to try now so you can start using the trading system and make money tomorrow. Why wait to make money?
Click here now to learn more about the Wealthbuilder Insider membership program.
Thanks
Good system Trading,
Courtney Smith
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