Chapter 3

Developing Your Personal Trading System

IN THIS CHAPTER

Bullet Setting up a demo account

Bullet Developing and testing your trading strategies

Bullet Finding your personal trading style and your market niche

Bullet Improving your explicit and implicit pattern recognition skills

Bullet Developing your personal strengths — and accepting your weaknesses

Bullet Designing frictionless processes and continuously developing them

Does anyone really and truly enjoy doing dry runs? Most human beings, if they're honest with themselves, would take a pass on completing all the prep work and just jump right in, get their hands dirty, and tackle a task head-on. And, to be honest, most humans would fail miserably if they adopted this as their primary strategy. In this chapter, you'll find out how important and useful it is to improve your trading skills, by setting up a demo account and working through some trading scenarios. No ...

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