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Systems Trader

What is a Systems Trader?

The answer to that question depends on whether you’re talking about the industry of algorithmic trading, or you’re talking about the growing community of retail traders that are running their own portfolio of automated trading systems.

This website is dedicated to retail traders who want to run their strategies on their own computers. The industry of algorithmic traders is big business, which typically includes investment banks, hedge funds and institutional traders. They have huge budgets and are running hundreds of millions or even billions of dollars.

The typical retail trader is trading with a much smaller account, typically a few thousand to a few million dollars.

So, while the industrial trader and the retail trader don’t compete, they are both doing essentially the same thing. They develop and run a portfolio of automated strategies that trade their accounts.

How is the Retail Trader Different?

The retail trader has a big advantage over the industrial trader in that he or she is small and nimble, and at the same time has access to incredibly powerful tools that are on par with many of the tools that the industrial algorithmic trader uses. They also both have access to essentially the same market data.

There’s nothing stopping the retail trader from running the same sophisticated algorithms as the industrial trader, except that they are looking at two fundamentally different problems and with much different criteria that is a direct result of the size of their respective accounts.

But this is the advantage of the retail trader. They can employ some of the same methodology and strategies in most of the same markets, at a much smaller scale, and also put tu work very effective strategies that are impractical for the industrial behemoth.

Our Approach to Algorithmic Trading

There are only a handful of people offering either algorithmic trading systems or training on developing also systems that are truly worth the investment, and they all follow the same basic methodology. We follow the methodology, but we are also the only people offering both the systems and the training in the same package.

Our goal is to not only provide you with a superior automated trading system, but also teach you how to be an effective administrator and developer of that system.

So, when you take our course, you get a portfolio of working strategies out of the box, you also get the training on how to develop your own strategies and instruction on how to run your system like a boss.

To schedule your first session go to the booking application below. For more information, click here.

Or call Ernie directly on his personal mobile phone: (508) 446-0517

Schedule Your Training Here

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Discretionary Trader

What Is Discretionary Trading?

Discretionary trading basically means you do your trading by hand. You take your signals from a variety of sources, or you have a specific strategy or set of tools that help you make trading decisions. There is little or no automation, for the most part you are pushing the buy and sell buttons.

We teach people who like to trade the discretionary way, but we do it with a systematic approach. Which means that there are trading rules to abide by, however within those rules there is some discretion on when to actually take the trade.

Advantages and Disadvantages

There are many very successful discretionary traders, and you can do quite well, so long as you are disciplined and consistent. Discretionary traders that know their edge and work within the rules and practice sound money management can and do succeed. But there is also a great deal of risk as well…

That risk is typically born from the inherent fallibilities of being human. We are subject to emotions, like fear and greed, we are also subject to distractions, which can result in costly mistakes being made.

Knowing Your Edge

Most discretionary traders don’t have a firm grasp on what makes them profitable and why, they just go on instinct. It is very rare to find such a person that is consistently profitable.

That is why we teach a sound approach where there is an underlying philosophy and methodology that guides the strategy and tactics. We employ a variation of theme based on a well known strategy that looks at the treasury yield curve.

The strategy is statistically based, so we know the odds of the trade, and we employ methods that stack the odds in our favor. The key to being successful with the strategy is employing sound money management.

This is a variation of the same strategy used by institutional traders in investment banks, hedge funds and proprietary trading firms. The strategy is very simple and can be learned in a few short lessons, and comes with live support. If you would like to learn this strategy, you can schedule your first lesson below. For more information click here.

Or call Ernie directly on his personal mobile phone: (508) 446-0517

Schedule Your Training Here

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