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Tutorial Step - Points to Take Home...
Summary: There are some key learnings in the previous reading: multiple strategies, single positions, and precedence.
Let's take some mental notes for what comes next:
- Multiple strategies may coexist within a trading system—as many as you wish.
- One active strategy with one open position at any given moment is allowed only.
- Precedence is given by the order in which strategies are defined around the Trading System node. You may change the order, of course!
Note: You are probably asking why? Do these rules sound arbitrary? They are, for good reason!
Intro to Trading Systems — TOC
You just did step 4 in the tutorial.
1. Intro to Trading Systems Tutorial
2. Tutorial - Intro to Trading Systems
3. Tutorial Topic - Frame It Flexibly!
4. Tutorial Step - Points to Take Home...
5. Tutorial Step - But... But... Why?
6. Tutorial Step - Steep Vs. Extreme
7. Tutorial Step - A Particular Case...
8. Tutorial Step - Another Example?
9. Tutorial Step - At The Count of Three!
10. Tutorial Step - Time Frame Analysys
11. Tutorial Step - Unpacking These Lessons
12. Tutorial Step - Granularity!
13. Tutorial Step - Hyper Specialization!
14. Tutorial Step - Fine-Grain Management!