There comes a time in every successful traders journey, when they reach their lightbulb moment. When everything begins to click and they finally understand where they have been wasting their energy and where they need to focus on going forward. This week we discuss this moment and how you can make inroads to reaching it yourself.
The CLEAN Trader podcast was created by active trader Chris Chillingworth to share insight, ideas, tips and experience on how to improve as a mechanical systematic trader. Self described as a british bearded trader who likes rock music, wine and formula one racing.
Mechanical Systematic trading is a strategy that does not make predictions on the stockmarket, but instead looks at reacting to what the price of a market is actually doing. There is no attempt to be right, on the contrary, mechanical system traders expect to be wrong most of the time. They focus on killing losses quickly and letting winners run to ensure profitability.
Mechanical Trading does not utilise fundamental data to form opinions on what the markets are about to do. It is all about finding a system that works and focusing your energies on executing it accurately.