How to Identify a Profitable Trading System

September 14, 2008 · Filed Under investments 

by Miles Reitman

Some people read books on trading and investing, go to various seminars, paying hundreds or sometimes even thousands of dollars to get educated, but still don’t get to the point where they actually put in their trades. They like the idea of acquiring knowledge, pondering investment strategies and thinking about various trades they might like to make. However somehow they just don’t seem to do anything with the knowledge they acquire. They don’t put their investment strategies into action and they never really make the trades they are constantly thinking about.

This web site is designed as a no-charge internet resource for both entry-level, inexperienced investors and seasoned market veterans alike, because in the world of business, whether it is forex foreign exchange currency trading, commodities, penny stocks, gold or securities, there is always something new to be learned, especially in light of ever-changing computer technology. Yes, there are now robots that pick stocks that are expected to rise in value or exchange rate fluctuation analysis software programs. But it is one thing to receive advice and having the ability to put that information to its best use is an entirely different matter.

Some of you might wonder: “How can the absence of financial risk ever be a disadvantage?”. To answer that question we just have to look at the fourth disadvantage, which ties them all together. This last one really is the big one. The lack of any true financial implications seriously inhibits the learning effect. No matter how much you think, speculate, simulate or however you would like to call it, until you actually put your money where your mouth is, it just isn’t real. We tend to learn most from our mistakes, especially mistakes that hurt. If it doesn’t hurt it just doesn’t have the same effect.

We have been involved in the investment world in one form or another, for a considerable period of time, and would like to think we have made mistakes, learned from them, profited from that experience, and grown all that much better for it.

The trading systems discussed here will not all be the most profitable in the short term, but over the long haul, it is our purpose to guide you to sustainable wealth and wisdom.

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