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• Archive: http://archive.is/rANB0 Chapter 1: Introduction Discusses the pros and cons of system trading when compared to discretionary trading.
• Systems have some distinct advantages.
• Specifically, they avoid a lot of issues of stress and psychology that plague discretionary traders, they can implement techniques too complicated for humans to master, and they can easily be leveraged up to turn small accounts into incredibly massive ones.
• Best of all, they can do all of that without needing human interaction, which makes them ideal for people who have better things to do during the day than stare at price charts.
• Chapter 2: The System Report Explained Good and bad trading systems both have very distinct ways of telling you whether or not they will continue to work when moving forward into the future.