Part 3:Profit Factor, Ret/DD Ratio/ Stability SQ3/ Annual % Return,Winning Percent, Win/LossRatio/ Sharpe Ratio
Why does effective trading equal automatic trading systems?
Firstly, it saves time. Strategies (also called robots) are placed on your account and they trade automatically – just by themselves. And you have free time for your family or hobbies.
Secondly, you can create, backtest or evaluate strategies whenever you like – on weekends, at night…
Thirdly, it also saves your emotions. You don’t need to decide whether to open a trade or not. This is a huge benefit, actually. Trading without emotions brings more stable results and more profit.
Fourthly, you don’t lose money because of mistakes. Everybody sometimes makes mistakes.
I have personally been working with automatic trading systems for 9 years and I wouldn’t change that. Even though I’m not a programmer, I’m able to use a special software tool very easily and comfortably. It’s just great!
I’m going to show you everything for free in the StrategyLab course.
What will you learn in the course?
You will find out what exactly automated strategies are and how they work.
We will explain to you why robustness tests are so important – have you ever experienced a good-looking strategy after a backtest that fails on a real account? Robustness tests prevent this. We want only quality strategies for the long-term.
These are only the basic pillars of the workflow. Long story short, we have decided to fully share our know-how with you! We start on Monday, so don’t hesitate to join us!
We are looking forward to meeting you!