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The book provides foundational knowledge to approach the market systematically for the next generation of the stock market, forex, and crypto traders. It is ai
by rubanp 4y ago
The book provides foundational knowledge to approach the market systematically for the next generation of the stock market, forex, and crypto traders.
It is aimed to bridge the education gap that exists today as, unfortunately, investing and trading are not taught in high schools and colleges, which leaves everyone unprepared, uncertain, and susceptible to emotions, biases, and herding mindset. It should be taught as a foundational subject, as it is an essential life skill, and almost everyone directly or indirectly invests in the market.
Everyone usually starts trading discretionarily. Discretionary trading is the harder way – because not just does the trader have to master the market and trading strategy. They also must master their trading psychology - emotions, biases, and execution. Trading is just as much about psychology as it is about strategy. Consistency in trading is much harder to achieve this way, especially for a beginner. The only way to win over human psychology is to trade not like humans but like machines – a.k.a. Mechanical Trading, a.k.a. Systematic Trading.
The goal of the book is to teach how to go about creating Trading Systems the proper way.