Do You Really Need to Create Your Own System?
Traders often develop their own systems for control or achievement but face daunting risks and validation time.
ALGORITHMIC TRADING
Javier González-Barros, CFTe
2/19/20242 min read
Creating a customized trading system is a common aspiration among those passionate about financial markets. Many feel a kind of necessity to develop their own system, perhaps driven by a desire for control or the pursuit of a sense of personal achievement. However, the risks and the time required to validate such systems can be daunting and, ultimately, counterproductive.
On the other hand, opting for systems with a proven track record offers a safer route to financial success. Why bother creating your own system if it's not your specialty? What inner void are you trying to fill with this quest? Why do so many people insist on developing their own system and spend large sums on courses from so-called experts that prove nothing instead of using the best systems available on platforms like isystems.com & tradingmotion.com?
The reality is that creating a successful trading system requires not only technical knowledge but also a deep understanding of financial markets and a significant amount of time and resources. Often, those who embark on this underestimate the complexity of the process and end up wasting valuable resources on systems that do not deliver the desired results.
In contrast, using systems with a proven track record offers several significant advantages. These systems have been developed and refined by experts in the field and have demonstrated their ability to generate profits consistently over time. By using proven systems, investors can minimize risk and maximize their chances of success in the financial markets.
Additionally, opting for pre-existing systems can save a significant amount of time and resources. Instead of spending months or even years developing and testing their own system, investors can start trading immediately with systems that have already been validated and are ready to use.
In summary, while creating a personalized trading system may be tempting, the reality is that it can be an overly costly and risky process. Opting for systems with a proven track record offers a safer route to financial success and can help investors minimize risk and maximize their chances of making profits in the financial markets. Nonetheless, the question remains: Do you really need to create your own trading system?