So, you want to create your own trading system.
Here's a start.
Where to Get
Ideas
Where do you get
ideas for systems? There are numerous sources, including seminars,
books, newsletter, friends and system purchases.
Books and
Magazines
Trading books are a
good source of ideas. There are always books available that describe a
bunch of new and improved indicators and show how to use them.
Check out our recommended reading list.
Magazines are
another great source to find ideas. There are several good magazines
for stock and commodity traders.
The internet is the
most extensive resource for trading.
Purchase a
System
You can find them
in magazine classifieds and if you have been trading for a while, you
get them in the mail.
System purchases
are a valid way to get ideas, if only if the system code is disclosed.
Purchase the system for ideas. If the system is a black box and the
system developer won't disclose the trading code, refuse to buy it.
Going to seminars
is always productive. One or 2 good ideas are worth the price of
admission. You get to meet other traders and bounce ideas around with
them