O'Reilly logo

Systematic Trading: A unique new method for designing trading and investing systems by Robert Carver

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter One. The Flawed Human Brain

Human minds can do wonderful things, but are deeply flawed when making financial decisions. In this chapter I explore economic theories about human behaviour, and why systematic trading and investing makes sense. I also show how our irrationality can interfere with the design of systematic strategies.

Chapter overview

Humans should be great traders, but...

The research that tells us why humans make bad decisions.

Simple trading rules

The dumb systems that are better at investing and trading than clever humans.

Sticking to the plan

Why you must be committed to your systems for them to work.

Good system design

Avoiding the human failings which can still be dangerous when designing ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required