System trading vs. Discretionary trading (2)

System trading has an advantage over discretionary trading: it can be automated partially or fully so that all decisions and emotions of the trader are negelected. The system works for itself. Now this is also the big disadvantage too: the experience, knowledge or intuition of the trader can be extremely worthful, things you can never progam a computer to do (despite many efforts neural networks hamper still too often).

Still I am trying to find a more systematical way of trading. I found this piece of software wich is really worth mentioning. It can be used as order entry or for simulation and backtesting. It is called Futures-Trader and is made by Christian Czirnich (anwalt@czirnich.de) and can be found here. A very good piece of work.

Read more about systemtrading vs discretionary trading methods:
System Trading vs. Discretionary Trading: Part 1
System Trading vs. Discretionary Trading: Part 2

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