Creating profitable trading strategies is hard. Really hard.
Despite all these benefits we wouldn’t want you to get the wrong idea and think developing an algorithmic trading system is easy. Nothing could be further from the truth. There is no path to easy riches with algo trading.
However, if you break down the problem, into small easy-to-handle constituent parts and make consistent progress on improving your system every day it can eventually become very successful.
At the beginning it is a struggle to make money consistently with trading.
Now we’ve built up the habit of creating a strategy pipeline which constantly provides us with new trading strategy ideas with which to test. It doesn’t matter if a strategy begins to perform poorly because we have plenty more to choose from – and so will you.
Slow consistent progress on research, testing and execution is the key to achieving algorithmic trading profitability.
Make a commitment to work hard on your strategy components, with a disciplined approach, and you will see success much sooner than you expect.