I know that power outages occur in real trading. I have also network problems from time to time. A lot of people think that the right entry would already be a system, but that is not true. The only way to do a few thousand trades is to use automated trading. I have certain rules and I have found that there are some fundamental laws of successful trading that work all of the time. Learning how to code your own trading system is the most difficult way to do it, as it takes time, money and effort to learn it. But I think it is worth it.

 

You cannot do proper backtesting as a discretionary trader. There is no way. Only automated trading will give you this new opportunity to gain a lot of real trading knowledge in a fraction of the time. Most people are looking for something that is easy and simple. Well, an automated trading system is what I consider the next best thing to that. We all know that trading is a speculative thing, no matter if you use automated or discretionary trading. How do doctors become doctors? They go to school for years and years and they need to pass exams afterwards.

 

They need to practice to get better. All indicators are calculated based on the past and they cannot predict the future. The ability to trade ten years in a row is one more reason to use automation, because I never could do that without automated trading. Only if you trust your algorithmic trading system, you will be able to let it run when the next drawdown appears on your chart.

 

Look at your account balance and your account equity are both going into the right direction. Yes or no? Most people think that backtesting is a tool to find the right kind of entry signal. But actually the more valuable thing is that it will help you to find out how to scale your system to survive financial earthquakes.