Traders want to be profitable and consistent winners in the market, above all they all want to develop their own system. However, even after years of education, refining of their methodology, and simplifying the systems to a small number of indicators, traders still struggle. Why?
I have three simple explanations;
1)    Traders can’t stop interfering while specifically [...]

How to build a portfolio of trading systems that really work…
…Serviced by experts that really care
By Michael Levin
In a previous article I wrote for Futures Truth last year (How to buy or lease a trading system) I went into a litany of areas to focus on when selecting a trading system to buy or lease.  [...]

Systems Trading (part 9) By: Jake Bernstein www.trade-futures.com
A Rational Approach to System Development
I favor a rational approach to system development.  My rule of thumb is simple: your trading system should have no more than four to six variables.  You should search for the best combination of entry and exit variables as well as a reasonable [...]

Systems Trading (part By: Jake Bernstein www.trade-futures.com
System Testing
The days of untested systems are gone forever.  In fact, the pendulum is now swinging in the other direction.  While unscrupulous operators ‘in the days of old’ sold systems and methods for which they claimed fantastic results, today’s unethical operators use statistics as a toll of deception.  [...]

Systems Trading (part 7) By: Jake Bernstein www.trade-futures.com
How about Some Positive Suggestions?
Now that I have your attention, I will give you a few positive suggestions regarding trading discipline.  Again, I will attempt to avoid standard recommendations.  This is not to suggest that the time-tested methods do not work.  Perhaps if explained and presented in a [...]

Systems Trading (part 6) By: Jake Bernstein www.trade-futures.com
Plunge Headlong into the Market Without a Plan of Action
This is an excellent to way to lose money and to lose it quickly.
Why make a plan anyway? Would you drive from New York  to Los Angeles without a map?  You could.  And you might be lucky enough to [...]

Systems Trading (part 5) By: Jake Bernstein www.trade-futures.com
A Few Good Ways to Lose Money Trading the Futures Markets
E.L. Thorndike, the “father” of American learing psychology, noted that there are literally thousands of “wrong” behaviors and only relatively few “right” behaviors.  His point was made in reference to the use of punishment as an aid to [...]

Systems Trading (part 3) By Jake Bernstein www.trade-futures.com
A Black Box Theory of Market Behavior: The Money Exchange
My understanding of the futures market is different from that of many traders.  I suggest divorcing oneself from traditional understandings.  We should view the marketplace as an organized vehicle for the exchange of money from weak hands to strong [...]

Systems Trading Part 1 - By Jake Bernstein www.trade-futures.com
Overview of Futures Trading

The search for profitable futures trading systems and timing indicators is as old as the market itself. Since the days of the primeval speculators in 16th century China, traders have sought ways and means to improve their success. Frequently, the search has been a [...]