Having a complete, robust, and profitable trading system (or suite of trading
systems) is the foundation of any successful trading business. Even if you are
a discretionary trader you still need rules that guide your trading decisions, and help you to be disciplined and consistent,
and a process to follow to introduce new trading methods into your repertoire.
This eBook outlines the whole process of trading system development from your
initial idea for a system right through to implementation.
The main stages of trading system development covered are:
- Idea
- Hypothesis
- Research
- Development
- Testing
- Optimization
- Implementation
- Monitoring
Each of the areas will now be discussed in detail. Please refer to the flowchart on the next page which graphically depicts the trading system development
process.